Austin Sees Groundbreaking Sales For July 2015
Posted by Mary Ann Castro on
Austin's flourishing real estate market has done it again, and JB Goodwin REALTORS® have witnessed the breakthrough first-hand. After a record-breaking month of July, Austin has proven that its current status as one of the nation's most scorching markets is not going to change anytime soon. Though Austin's hot market has been a topic of discussion nation-wide for the past year or so, the city has long endured a marked imbalance as a result of its popularity as a real estate hub: trailing supply. While residential development in Austin has been high, it has been no match for the soaring levels of demand. However, Austin Board of REALTORS® president Barb Cooper has indicated that an increase in market equilibrium could be coming, stating that "home prices…
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