Quote:
Originally Posted by clubtokyo
Market is hot. I was reading a financial article about Millennials are finally ready to buy there first home, how do you think that will impact already intense housing market in Austin?
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Well the upper age of what you could call a millennial is around 35-36, so that sounds about right.
Either way, I doubt it's many people under 35 that are buying into this. Judging by the average age of condo owners in my Rainey St. building, and the ones surrounding me, most of the people buying are coming from westlake (or similar neighborhoods), have kids that went off to college, and are looking for a smaller place in the city.