Bastrop County sees increased home sales
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Bastrop County sees increased home sales


IN AN AREA JUST CITY. ALEXCENTRAL TEXAS KEEPS BREAKING RECORDS FOR HOME SALES. LAST MONTH, ONE OF THE BIGGEST YEAR-TO-YEAR JUMPS HAPPENED IN BASTROP COUNTY. 2-SYDNEY:SINGLE-FAMILY HOME SALES THERE SPIKED 41 PERCENT IN JULY, COMPARED TO THE SAME MONTH LAST YEAR.KXAN’S YOOJIN CHO FOUND OUT WHAT THIS MEANS FOR PEOPLE TRYING TO BUY HOMES IN AUSTIN’S SUBURBS. BECKI WOMBLE, BASTROP CHAMBER OF COMMERCE:”WE LOVE OUR SMALL TOWN CHARM.” JUST ONE MILE FROM BASTROP’S MAIN STREET… …IS A NEW SUBDIVISION, AND MORE HOMES ARE COMING. BECKI WOMBLE: “I THINK THERE ARE ABOUT 26,000 LOTS ACROSS THE COUNTY THAT ARE IN SOME STAGE OF DEVELOPMENT.”YOOJIN CHO: “REALTORS HERE IN BASTROP COUNTY SAY THEY STARTED SEEING A STEADY INCREASE IN SALES IN 2009. THE MEDIAN HOME PRICE SINCE THEN HAS ALSO GONE UP — FROM ABOUT $150,000 IN ’09 TO $250,000 LAST YEAR.”COMPARING THAT TO PRICES YOU SEE IN AUSTIN — KEVIN P. SCANLAN, AUSTIN BOARD OF REALTORS: “IN FACT, IN JUNE OF THIS YEAR, IN THE CITY OF AUSTIN, WE HAD OUR HIGHEST MEDIAN HOME PRICE EVER, $420,000.”KEVIN SCANLAN WITH THE AUSTIN BOARD OF REALTORS SAYS THAT PRICE DIFFERENCE IS PUSHING MORE AND MORE HOMEBUYERS TO AREAS LIKE BASTROP.BECKI WOMBLE SAYS ONE WAY TO SEE THE EFFECT OF THAT TREND IS THROUGH THEIR SCHOOL ENROLLMENT NUMBERS. BECKI WOMBLE: “WE’RE AT 11,300 STUDENTS. THAT’S UP 500 STUDENTS FROM MAY WHEN SCHOOL LET OUT.”AND GROWTH ISN’T EXPECTED TO STOP ANYTIME SOON. BECKI WOMBLE: “WE’RE FORECAST TO BE THE 10TH FASTEST GROWING CITY BY 2050.” “IT’S A GREAT CHALLENGE TO HAVE AND I THINK WE’RE EMBRACING IT.”YOOJIN CHO KXAN NEWS.SYDNEY:THE AUSTIN BOARD OF REALTORS REPORT SAYS HOME PRICES ARE STARTING TO STABILIZE… BUT THE AUSTIN IS STILL A SELLER’S MARKET. ON AVERAGE, HOMES INSIDE CITY

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