Released on: October 17, 2008, 5:16 am

Press Release Author: Living In Austin

Industry: Real Estate

Press Release Summary: The Market May Be Down But Real Estate Brokers And Agents
Haven't Yet Given Up On It

Press Release Body: Austin, TX EUR" October 17, 2008 EUR" If somebody told you as a real
estate investor, that things are going fantastic in the real estate market in
America, you would probably laugh out loud. But it is no laughing matter and by all
appearances there seems to be a grain of truth in such a statement, especially for
Austin, Texas real estate.

Austin real estate broker Jay Carter is one of the discerning few subscribing to
this mindset. As a realtor with Living in Austin- a real estate agency, Jay has seen
the market for real estate in Austin change dramatically over the years.

In an interview with KXAN-TV Jay commented on this volatility saying, EURThe old Flip
That House game is about to go on hiatus, in my humble opinion.EUR Jay is hopeful
though and relates, EURThe good news is as prices drop, it appears interest rates will
as well. Desirable areas of town that were once unaffordable will become more within
reach for those who can qualify for a loan and put at least 3% down.EUR

To quell any qualms about investing in real estate in Texas, losing homes to
foreclosure is a situation that can safely be deemed avoidable. Forbes.com thinks
Texas homes give optimum value for the dollar. They explained the reason for this in
a recent article saying, EURAustin and San Antonio lead our list of places where your
money goes farthest. Residents of both enjoy affordable housing and promising
prospects for job growth in coming years.EUR

About Living in Austin: Living in Austin is one the few Austin real estate agents to
offer people an unbiased and analytical view of the Austin real estate market. Along
with community-centric neighbourhoods that are affordable and realistic, they offer
a team of driven professionals who are extremely familiar with the Texas real estate
scenario. Realtor Jay Carter is an established authority on the Austin, Texas real
estate market. His views are featured regularly in magazines like the Personal Real
Estate Investor and Business Week.

###

If you wish to know more about buying and selling homes in Austin, Texas, you can
visit the Living in Austin website www.livinginaustin.com or call Michelle Kim
Carter at 512-997-7653.


Web Site: http://www.livinginaustin.com

Contact Details: Living In Austin
PO Box 270184
Austin, Texas 78727
Phone: 512-997-7653