The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (77420)	5/12/2007 10:48:39 PM
From: Wyätt Gwyön	Read Replies (3) of 306849

remember those markets were still hot in the first half of 06 while the rest of the market was tanking i can't speak for those other markets, but Austin was not a hot market in 03/04 when the rest of the country was cooking. the bubble here got a late start and is making up for lost time. also, the fact that things are still very cheap compared to Clownifornia makes it an easier sell. here is a report from a SoCal seller relocating to Austin. interesting that the same Toll house costs almost 4x in Camarillo as it does in Austin. "So far we are leaning towards a new home in Lakeway a Toll Brothers house The Ridge at Alta Vista Estates. The same exact home plan 1 mile from our home in [Camarillo] CA is 2.1 million and in Lakeway the same plan is approx. $600K. If anyone has any input into a $500-600K home with at least 1/2-1 acre lot, help us out please." city-data.com looking through the forum headers, seems there are a ton of people moving from CA to Austin.

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