Austin Home Prices Continue To Increase Despite National Slump
Austin Home Prices Continue to Increase
Nationally, average home prices continue trending downwards, falling 4.4% in August 2011 as compared to August 2010. Some cities, like Atlanta, GA., saw even greater declines. of over 7%.
But here is Austin, things are much brighter, and it’s not just because we can’t get any rain clouds in this city! According to the latest data from the CoreLogic Home Price Index, Austin area home prices continue to increase, trending upwards by 1.6 percentage points in August over the same period last year.
This figure also takes into consideration distressed real estate as well. When you leave out short sales and foreclosures, the actual year-over-year Austin home prices increased by 1.8 percentage points during the same period.
So what does this mean? It means that the Austin real estate market for residential real estate is relatively healthy. Of course, there are still people who owe more than their house is worth or folks who are looking for creative ways to sell their house fast. This is why working with a real estate company that has both a Real Estate Broker as well as real estate investors is so valuable.
Austin Home Prices Continue to Increase |Hippie Hollow Homes Advantage
If you have a situation that is out of the ordinary, such as you’re facing foreclosure, you cannot afford to pay Realtor / closing costs, you owe more than your house is worth, you need to sell your house quickly, etc… whatever your situation, we have real estate investors who can assist you.
At Hippie Hollow Homes, we work tirelessly to solve the problems that plague distressed sellers in today’s marketplace. We have years of experience and some of the top real estate investors in the country working for us. We match strategies that work with the current state of the economy. We can provide you with solutions.
Our out of the box, creative solutions have helped us participate in more than 1,200 real estate transactions since 2004. All of our strategies we use are legal and work; after all, as our logo states, we have nothing to hide!
We cannot help you if you don’t give us a call.
Contact us today at 512-900-7991, let us know your situation and we can provide you with options.
Image: digitalart / FreeDigitalPhotos.net
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