Thursday, March 30, 2006

New Homes Starts Surge in Austin

I opened the local paper this morning, and on the front page was the following headline:

New home starts up
63% so far this year

Central Texas builders strain to
keep up with demand despite surge

Needless to say, it looks like the real estate market is already heating up in central Texas. Granted these are new home starts and not existing home sales, but the article mentions that houses are flying off their shelves. I can only imagine the existing homes market here is not falling too far behind. The news is great at this time, since I am trying to formulate a plan for this latest deal.

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