Hot Austin neighborhoods!
The Statesman and the Austin Board of Realtors just put together this comprehensive report on Austin Neighborhood appreciation for 2006. It shows the hottest, fastest growing neighborhoods in and around Austin. MLS area 5, just east of downtown tops the list, and other Central Austin neighborhoods are also in the fastest growing areas.
Additionally, this article includes some interviews with local investors and realtors. They have some great ideas about what areas will continue to grow over the next few years. We agree with most of their assumptions, though we don't see far south Austin having the appreciation that more central neighborhoods and some north neighborhoods will, due to their transportation limitations.

