Has your market peaked?

[Jon Klaus]

How do you see your market?  Have sales or prices peaked?  What are the unique characteristics affecting your market?  Where do you see it in 1-2 years?

In Austin, sales are still high, but down a little from last year.  Prices are still rising, days on market low, but holding steady at 42 on average.  It's still a very healthy market, but not growing quite as fast as the past couple of years. 

I see continued growth over the next couple of years, driven by quality job and population growth.  There are speculative pockets that could move back some, but great locations have plenty of fuel to continue upward.