The Carvajal Group Blog

Austin May Face Housing Shortage in Future

February 27th, 2009

The Austin economy has done a lot better than the national economy.  The real estate of Austin has done well considering the circumstances and all the bad news.

A few real estate experts from Austin though worry about the way the market has reacted in Austin.  A slow down in housing construction has occurred in the last year that has greatly lowered the number of new houses on the market.  Although the demand may not be here right now,  in a few years the demand could be at normal levels. This would result in the market not having houses to fall back on.  The belief is that the current housing market is not reflective of the actual market and may just be over-reaction.

If you are looking for Austin real estate, contact the Austin realtors of the Carvajal Group at 512-419-7770.

Tags: Austin Home Search · Austin Real Estate