AUSTIN HOME SALES UP and forecast looks good

AUSTIN (Austin Board of Realtors) Area home sales totaled 1784 units in March 2010, an increase of 27% percent from the same month in 2009, according to the Multiple Listing Service report by the Austin Board of Realtors. The median price remained stable at $180,000.

Austin lost 2600 jobs last year and is expected to add 9,200 new jobs this year - an 11,800 job difference.

Austin currently has 6 months of single family inventory. The Texas Real Estate Research Center considers that to be a balanced market with stable prices.

Austin's condo market currently has a nine month supply of inventory at approximately 1,500 units.

Last year Austin grew by 44,400 people. This year the population is expected to increase by 51,800 people.

AUSTIN THIRD BEST CITY TO MOVE TO

According to RelocateAmerica.com report, Austin was ranked the third best city based on reviews, resident's interviews, economics, environmental, education, crime, employment and housing data.