Austin home prices are anticipated to reach bottom by yearend 2010 according to a recent report released by the leading global provider of financial services technology solutions, Fiserv. The report analyzes home price historical trend data and forecasts for more than 375 U.S. markets based on the Fiserv’s Case-Shiller Indexes, which is owned and generated by Fiserv, data from the Federal Housing Finance Agency (FHFA) and Moody's Economy.com.
Austin is expected to have experienced a price decline of less than 5% from peak to trough as shown on the table below. This fairs much better than most of the country (see photo). However, prices are not expected to return to previous peak levels until the beginning of 2016.
