March is Optimism Month.
This is an overlooked “holiday” most of us have no idea exists, but what a great way to start Spring which is all about re-growth and re-invigoration. Optimism month could be a great opportunity to turn negatives into positives and make 2014 the best it can be!
I have added a few notable quotes below to get you on the path to positive thinking during the month of March (and beyond….!). And remember, positive thoughts and actions tend to breed them in others as well. A smile tends to bring another smile. 
And, in real estate, activity breeds activity.
One thing we are optimistic about this month and this year, is our Central Texas economy and real
estate market. At a recent economic forum, Mark Sprague, a well-respected economist at Independence Title in Austin provided the following information about Austin and Central Texas:
estate market. At a recent economic forum, Mark Sprague, a well-respected economist at Independence Title in Austin provided the following information about Austin and Central Texas: - Today, Texas is what California was in the 1950’s --- the Land of Opportunity
- Over 50% of all jobs created in the last two years were in Texas.
- Keep real estate if you don’t have to sell it and buy if you can.
- Expect a good 5-year run in appreciation in many areas.
- Resale inventory in Austin is at 2 months (which is a seller’s market, in many locations and price points). We recently put a "Coming Soon" sign on a home and it it went under contract before going into the MLS!
- New and Resale Inventory is tight and home prices are appreciating
- Rentals are at 95% occupancy
- If you are a real estate buyer in the Austin market, don’t wait - the cost next year is likely to be higher
- The last time interest rates were this low was 1951 – What are you waiting for???
Other Austin information:
- Approximately 110 (net) people per day are moving to Austin
- The Austin Metro area is approaching the 2 million inhabitants mark
Few things in the world are more powerful than a positive push. A smile. A world of optimism and hope. A 'you can do it' when things are tough. Richard M. DeVos
Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence. Helen Keller
Optimism is essential to achievement and it is also the foundation of courage and true progress. Nicholas M. Butler
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