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Friday, December 18, 2009

November Austin Real estate market


Alamo Title in Austin reports the following statistics:


Units for Sale: (compared to November 2008)New listings are up 7.20%.
Pendings are up 17.71%.
Solds increased by 46.78%


Can these numbers be a result of the First time home buyer tax credit which was suppossed to expire November 30th? I am glad to hear that the government has actually extended this tax credit because this has stimulated our housing market. Check out the graph below submitted by Alamo Title. The statistics reported has not been verified and Keller Williams Realty does not guarantee this information.