The First Time Home Buyer tax credit has had the $200,000 and under price range moving really well in the Austin area.  Part of the effect is seeing a reduction in new homes in this price range.  With few builders building and supply dropping, Horton seems to be gambling that inventory will continue to decrease.

Even though the market in Austin has slowed, it is still much better than most cities across the country.  Even without significant job growth, people continue to relocate to Austin and any of these people are home buyers.  People move to Austin for a lot of reasons, with one being the area’s natural beauty.

Horton is probably also taking advantage of how conservative people have become when it comes to spending money.  With the national economy in the state that it is, people have reduced spending and this includes purchasing smaller and less expensive homes.

With a drop of almost 63% in new home starts in the Austin area compared to the peak in 2006, Horton’s bet is likely to pay off.

Austin New Housing Info

Austin, Texas, known as the Music Capital of the World has a population of over 700,000 people and is the capital city in Texas. Austin is home to nearly 200 live music venues, the University of Texas and several high-tech companies. In addition, there are numerous local and national home builders offering homebuyers an incredible selection of new homes in Austin. If you are looking to purchase real estate in Austin, you may find what you are looking for in one of the subdivisions below.

Austin New Homes from the $600s

The Reserve at Steiner Ranch – Taylor Morrison Homes

Located at 2108 University Club Drive in Austin, TX you will find The Reserve at Steiner Ranch, a community of single-family homes built by Taylor Morrison. Amenities in this new home community include community pools, basketball courts, tennis courts, multi-purpose ballfields, walking/biking trails, playgrounds and much more in three amenity centers: John Simpson Community Center, Town Square Community Center and Bella Mar Community Center. Austin homes for sale in this community range from 3,700 – 4,871 square feet and offer four and five bedrooms with as many as five and a half bathrooms. There are nine floor plans to choose from starting from the $600s. For more information about this new home community call (512) 266-6503 or visit TaylorMorrison.com.

Austin New Homes from the $200s

The Oak at Twin Creeks – KB Homes

The Oak at Twin Creeks is located at 305 Island Oak Drive in Austin, TX. This community is minutes from Downtown Austin and close to St. Edward’s University, UT, Texas State and retail centers like Home Depot and Wal-Mart. There are 1-and 2-story homes available in The Oak at Twin Creeks and 20 available floor plans. These Austin homes for sale offer as many as six bedrooms, three and a half bathrooms and start from the $220s. Homes in The Oak at Twin Creeks offer between 1,903 to 5,211 square feet and they come standard with front and backyard landscaping, whirlpool appliances, 9-foot ceilings on the first floor, a 10-year limited warranty and much more. For more information about this new home subdivision in Austin call (512) 292-3652 or visit KBHomes.com.

Austin New Homes from the $100s

Pioneer Crossing-Hill Country Collection – Lennar

Pioneer Crossing-Hill Country Collection by Lennar is located in Central Austin near major Austin employers, the communities address is 3513 Taebaek Drive. This new home subdivision offers residents a homeowner’s association (HOA), playgrounds, a community swimming pool and much more. New homes in Pioneer Crossing-Hill Country Collection are three and four bedroom homes with as many as two and a half bathrooms; these homes range from 1,490 – 2,457 square feet. There are nine different floor plans to choose, which range in price from $167,990 – $194,990. For more information about this new home community or these Austin homes for sale call (888) 220-5087 or visit Lennar.com.