Posted on March 31, 2016 - 02:17 PM
by Terry Williams
The Austin/Round Rock area comes in #2 in the nation from being recession proof according to online mortgage and resource center HSH.com. HSH.com created a 16 year home recovery index and the data showed each markets pre-housing-crisis peak value, bottom value, and current market value.Our housing market has increased dramatically over the last two years and home prices are up 44% above their pre-housing-crisis value. The current value is $390,070 compared to $270,780 before the recession.
The Woodlands/Sugar Land area took the #3 spot, Dallas area #5, and Fort Worth/Arlington area #6.
For more information about homes in the Austin area, contact Terry Williams at 512-699-4868.