The # of residential units sold in August 2011 in Austin is 1999 that is a 31% increase from last August which was 1514. That is absolutely great news for Austin's economy.
Unfortunately, we started September with wildfires in Steiner Ranch, Leander, Pflugerville and Bastrop. In Steiner Ranch, 24 homes burned, while in Bastrop, about 1500 homes burned. This unfortunate event however, will stimulate housing since 1500 families will need a place to stay.
