Austin Housing Market Facts
Posted on May 6th, 2008 by Aria
From the National Association of Realtors® Housing Market Facts Website (http://housingmarketfacts.com/). I was reminded of this site after seeing another TV commercial by NAR as a part of their public awareness campaign.
Real Estate as a Long-Term Investment
- Real estate is an investment in the future and includes social and economic benefits.
- Homeowners are more likely to vote and volunteer than renters.
- Homeowners move less frequently than renters, providing stability in neighborhoods (and lives) which leads to greater community involvement which leads to less crime, better education, and neighborhood upkeep.
- Homeowners stay in their homes a median of 6 years.
- Homeowners make more in equity than other investments; usually much, much more.
- Buyers and sellers give high marks to Realtors® for their helpfulness, expertise, and professionalism.
- 9 out of 10 buyers and sellers would definitely or probably use their Realtor® again and recommend them to others.
- A typical home sale today takes 20 steps. You may not know what they are, but your Realtor® does (or at least should!

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