Besides a huge upswing in relocations to the Austin area, there’s also high demand for real estate in the surrounding areas. Investors outside the state, especially those from places like Florida and California, see the prices in suburbs such as Leander, study the growth and value expectations, and see the real estate options as a true bargain. Compared to the rest of the country it still is, but keeping housing affordable is also an issue.

Gray Buffington, President of Buffington Mortgage, handles many mortgages in the Leander area for both outside investors, and local families. He is also a public speaker on issues regarding real estate and real estate investing. He looks at the affordability future in a positive light as well:

“Austin’s population is expected to double within just a few more years. That typically means both the city and its suburbs will see home prices increase—making purchases today quite possibly a great bargain for investing in the future. I think in the near future we’ll see some escalation in lot prices and home prices, but the housing market and value in Leander continues to be extremely strong. I expect a strong year.”