Thursday, January 9, 2014

Austin's real estate market looks rosy, experts tout via Austin Business Journal

The 2014 Austin Housing Forecast drew several hundred Realtors, homebuilders and real estate professionals to the Hyatt Regency Hotel Wednesday and the message was positive: The local real estate market is in for another stellar year.

“It’s hard to say anything negative,” said Eldon Rude, one of the speakers and the founder of 360° Real Estate Analytics.

Though Rude was joined by Carlos Rubenstein, chairman of the Texas Water Development Board, and Greg Hallman of the McCombs School of Business at the University of Texas, it was Rude’s housing analysis that drew much of the interest.

The Austin metro area’s population has been growing throughout the recession and is about 1.87 million today.

Read more...Austin's real estate market looks rosy, experts tout - Austin Business Journal

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