With many middle-income families feeling priced out of the Capital City, Awais Azhar, a committee member with HousingWorks Austin, says neighborhoods such as Mueller hold the blueprint to a healthier housing market.
AUSTIN, Texas — “Folks are moving out to Kyle, Del Valle, Pflugerville because they can’t afford to live in our Central Austin neighborhoods,” said Awais Azhar, a committee member with HousingWorks Austin.
Austin is one of the fastest growing cities in America, with a median home price of nearly $600,000, according to several real estate experts. That being the case, it's easier said than done, but a new resolution could help. Pool helped spearhead Home Options for Middle Income Empowerment, or HOME, which would reduce lot requirements to 2,500 square feet and allow up to three units per space while still providing single family home zoning as well.
Austin native and Board of Realtor’s President Ashley Jackson isn’t surprised this conversation has taken time in the Capital City, but she agrees for Central Texans and the market overall, it is an important step.
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