mary land state flag: The Spring rush has started early!

In general, Realtors normally expect January and February to be seasonally light months, where only a small percentage of the normal buyer traffic is looking to buy this early before summer. In fact, "the season" may not take full hold in a normal year until around March or April. Well, I think this year is starting up to be anything but "typical". It appears as though the traffic that we would expect to begin in the spring has actually started in earnest during the first week of January. This is amazing--but understandable.

Here is what I observe as happening--individual buyers and investor are watching interest rates as they are going up. Buyers are anxious to get on the low interest rate train before it pulls out of the station. Add to that the low unemployment rate for Austin which is roughly 25% below the national average now, and new companies like LegalZoom.com and Facebook.com and many others are opening offices in the Austin area right now. Buyers are also noticing that the publicized doom and gloom of Real Estate has subsided--and Austin is emerging as one of the top few cities in the country that has weathered the storm.

It is easy to see why investors and buyers alike are excited about the Austin market. If you would like to talk or get together about your Real Estate needs--please contact me.

Tim

Tim Thornton, Realtor ®

Zip Realty, Inc

Top 1%, President's Club

Austin, Texas

Certified Listing Expert

(512) 914.4665

My greatest privilege is to be your Austin Realtor ®
Profile: Tim Thornton