Builders started 1,760 homes from July through September, 376 more — and “decidedly better” — than in the same period in 2010, according to a report from Residential Strategies Inc., which tracks the numbers.

For the 12 months ending in September, builders started construction on 6,269 houses, down 3.3 percent from the 12 months that ended in September 2010. Each of the previous four quarters ended with fewer homes started on an annual basis, Residential Strategies said.

Buyers moved into 1,836 newly built homes during the third quarter, lowering the annual closings to 6,117 new houses.

“This is the first time since the market downturn began in late 2006 that starts are outpacing closings,” said Ted Wilson, principal with Residential Strategies. “This is a noteworthy technical signal that the housing market is now in recovery mode and should continue to grow as long as economic and job expansion remain intact.”

The Austin area produced 15,500 net jobs for the 12 months that ended in August, a 2 percent growth rate, according to the Texas Workforce Commission.

“Despite concerns of a national economic slowdown, the fact of the matter is that the employment picture in Austin remains vibrant,” Wilson said.

Eldon Rude, director of the Austin market for housing research firm Metrostudy, said he knows first-hand that Central Texas’ housing market is faring well compared with many parts of the country.

“This week I spent three days hearing our Metrostudy consultants from every major market in the U.S. talk about the current state of their new home markets, and I can assure you that we remain fortunate that we live and work in Austin, Texas,” Rude said Friday.

ByShonda Novak
AMERICAN-STATESMAN STAFF
Published: 9:41 p.m. Friday, Sept. 30, 2011

For the complete article go to: http://www.statesman.com/business/good-sign-for-austin-market-home-starts-up-1889148.html

“Going “all green” will cost $8.5 million this year but is a key first step in the city’s Climate Protection Plan. The initiative, which won former Mayor Will Wynn national acclaim when the City Council adopted it in 2007, is intended to cut Austin’s contribution to global climate change by reducing the community’s greenhouse-gas emissions over the next 50 years.”

Environmental activist Paul Robbins, Says “This is the first time in a long time Austin is truly a leader.”

To view the entire article go to: Click Here

Meritage Homes is also leading the way in new home building by including at no cost green featurs such as Spray Foam Insluation, Vinyl Low E3 Windows, CFL Lighting, Dual Flush Toilets and more! Meritage Homes is the only nation builder that is 100% energy star certified!

For more information on Green Homes in Austin and Buda contact me at 512-775-4473.

Garlic Creek was formerly named after one of the first settlers in Hays County, Texas and in 1855 there were log cabins built along the banks of Garlic Creek.

Garlic Creek is located on RM 967 just 1 mile east of the intersection at RM 967 and Fm 1626.

Move to the best community in Buda, TX and escape the heat this summer with a dip in the Garlic Creek pool !

Garlic Creek

Have a great day!

Brittany
Garlic Creek, Buda Tx

Garlic Creek