Charles Heimsath Quotes (4 Quotes)

Development has accelerated in that part of the region over the last few years largely due to the increasing traffic congestion on the north side of Austin. In many instances you can buy essentially the same home in South Austin or in Hays County that you would in Williamson County, and if you are working downtown, your commute time would be half as long.

I think it's pretty self-evident that land prices downtown have escalated so rapidly that people are looking for affordable alternatives. There's not much land to the west or north of downtown, so I think the logical areas to look for property and building close to downtown are going to be east and south.

I think commercial property owners are going to be very surprised by (this) increase in appraised values, particularly since in most areas, rental rates have not increased by the same percentage that the appraised values have increased.

The market is much stronger now. From an employment standpoint it's growing in a number of different areas, not just high tech. The growth rate is slower and, in my opinion, more sustainable, and the housing market is on very solid footing.