Housing Shortage in Cedar Park?

Construction starts across the US are significantly down, yet Cedar Park is still growing in population. Families are drawn by the great schools, the newer homes and the low crime rates, and are soon going to be short of options.

Cedar Park Home Starts

If you look at the chart on the right from this impactnews article on Cedar Park, you can see that the population is growing, and there are less new home starts.

With the historically low interest rates we have right now we might expect a move from rent to buy, especially considering the first time home buyers tax credit available for homes closed by the end of November 2009.

Do you think that there will be a housing shortage in Cedar Park, TX - comment below and let me know!

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