Austin Tops Price Appreciation Since 2006

Dated: 11/30/2017

Views: 62


Image title


The Market in Austin-Round Rock made the top of the “Largest 50 Markets Price Appreciation Since 2006,” according to an article by Danielle Hale on Realtor.com.

This article offers some important information about Austin’s current housing market as compared to 2006, and presents signs that the US market (including Austin) is stronger than the pre-recession market in 2006:



Austin - Round Rock:

  • Showed a 63% increase in the median home price since 2006.

  • Revealed a decreased share of foreclosure sales from 4.7% to 1.6%.

  • Unemployment rate dropped to 3.3% in 2017, as compared to 4.1% in 2006.


Signs of a stronger US housing market:

  • Average home loan FICO score for 2017 increased 34 points since 2006.

  • Lending standards tightened due to Dodd-Frank Wall Street Reform and Consumer Protection Act.

  • Over-building is under control.

  • Current home inventory is low (4.2 months supply).

  • The demand for homes is high and founded on a healthy economy.


To access the full article: https://www.facebook.com/DonnaBoveeRealty/photos/a.819551291459511.1073741830.658091774272131/1509336309147669/?&theater


Keeping you informed,


Donna Bovee

Team Price Real Estate

Price Commercial Real Estate

(512) 497-3643

[email protected]

Latest Blog Posts

Flooding And Flood Zones

We are seeing unprecedented amounts of rain in our area which has lead to flooding.  This has effected many people/homeowners and forecasts for the future show potential for this to continue.

Read More

Custom Chalkboard Pumpkins

  Forget Carving! Add a circle of leftover

Read More

Fall Festivals

October Fall Festivals are in Full Swing So many great festivals are going on in and around the greater Austin Metroplex. There are plenty of  fun things to do now that the weather is.

Read More

The Cost Of NOT PAYING PMI

Saving for a down payment is often the biggest hurdle for a first-time home buyer as median incomes, rents, and home prices all vary depending on where you live.There is a common misconception

Read More