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Austin Scores In Top 5 of Luxury Real Estate Hubs

LUX LIVING TEXAS STYLE

AUSTIN, SAN ANTONIO (uniquehomes.com) – What do Austin and San Antonio have in common with Idaho and Provence, France? In the world of luxury real estate, Austin scored fifth and San Antonio scored 19th of the 25 markets to watch in the coming year.

The recent issue of Unique Homes cited last year’s record home sales gains, the University of Texas, two lakes, and the bragging rights to the “music capitol of the world” as reasons to watch Austin’s luxury home market this year.

San Antonio, no longer just a military and tourist town, has also seen sales mushroom. The draw for out-of-state and out-of-country buyers? A beautiful climate and luxury that begins around $500,000.

Historic Annapolis, Maryland, on the Chesapeake Bay, took first place. Idaho’s growing resort markets in Coeur d’Alene, McCall and Sandpoint placed it at eighth. Provence’s villas and chateaus came in at 17th.

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