The Austin Board of Realtors (ABOR) just released October sales data, and there’s good news for home sellers in the Austin area - home sales surged for the month. “In October 2009, 1,823 homes were sold, a 38 percent increase from 1,322 in October 2008.” (ABOR October 2009 real estate statistics) ABOR notes the increase is likely due to the first time home buyer tax credit. Since the government extended and expanded this tax credit, we hope to see home sales continue to rise. Here is a snapshot of the market provided by ABOR:
Learn more about Austin Real Estate through our Austin Homes for Sale search or by calling Reilly Realtors at 512.600.1800.