Austin Housing Market Showing Signs of Stability
As the country works toward digging its way out of the recession, all eyes have been focused on the housing market. After all, the fall out of the housing market was the biggest contributor to our current economic situation and, therefore, stabilizing the market is the key to enjoying a full economic recovery. Unfortunately, many markets are still continuing to struggle throughout the country, but others are starting to show signs of stabilization. In fact, according to the Austin Board of Realtors and the Home Builders Association of Greater Austin, Austin's home market has neared stabilization and may even enjoy a slight rebound this year.
There are many reasons to think that Austin's home marker it near stabilization, but one of the biggest indicators…