Comments on: Austin Market Update for March 2009 http://www.inhabitaustin.com/2009/04/24/austin-market-update-for-march-2009/ you are where you live. Tue, 05 May 2009 02:35:25 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Charlie Pitkin http://www.inhabitaustin.com/2009/04/24/austin-market-update-for-march-2009/comment-page-1/#comment-46 Charlie Pitkin Tue, 05 May 2009 02:35:25 +0000 http://www.inhabitaustin.com/?p=524#comment-46 Jason, Love the graphs, very snappy and easy on the eyes. Tells the story well. I'd expect a stall in inventory increase as more and more 1st time home buyers jump off the fence this summer and fall. This will be especially true for the sub 300k 1st time home buyer market. April #s came out this morning. Average sold price dropped 6.22% while invetory YoY decreased by 4.4%. That should mean prices stabalize through the summer especially if interest rates stay at the current 50 year record low. Jason, Love the graphs, very snappy and easy on the eyes. Tells the story well.

I’d expect a stall in inventory increase as more and more 1st time home buyers jump off the fence this summer and fall. This will be especially true for the sub 300k 1st time home buyer market.

April #s came out this morning. Average sold price dropped 6.22% while invetory YoY decreased by 4.4%. That should mean prices stabalize through the summer especially if interest rates stay at the current 50 year record low.

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