Austin has seen some exponential growth over the past few years. Along with this growth has come a shift in neighborhood sales figures. Because the neighborhoods closer to Downtown have been desirable for some time now, there is little inventory available there anymore.
“When people are where they want to be, they tend to keep their homes and simply remodel, alternatively, people who are not in their desired certain location will pay more for a home there,” said Keith Dunham, C.E.O. at HomeCity Real Estate.
Newcomers and people looking to move up at a more affordable price are forced to look outwards of central Austin. Places like Austin’s east side, Southwest Austin, and Northwest Austin are blowing up.
“Many areas that used to be starter…