The Austin American-Statesman ran an article on the front page of today’s issue that features quotes from Mark Sprague, Director of Business Development at Mission Mortgage. The story, written by Juan Castillo and Shonda Novak, takes a look at new Census Bureau data released on Tuesday, December 14 showing concentrations of new home building activity in the Austin metropolitan area.
Leading with the headline, “Housing surge around Austin”, the article provides an in-depth look at the changes that have occured in our region since 2005. The percentage growth as well as number of units built and median values are presented to illustrate the incredible progress Austin has made in just the past 5 years. The article starts with a great graphic showing relative percentage growth for specific areas in and around Austin. The result is a quick glance look at where growth has occurred (see the graphic below).
The article explains the new data and goes into specific detail. Mark was asked to provide commentary about the numbers and his quotes are insightful and add depth to the article that the data alone could never offer. For example, he is quoted in reference to Hutto’s astounding percentage growth. The article states, “Before 2005, there was ‘little to no development’ in Hutto, according to Mark Sprague, director of business development at Mission Mortgage. ‘So when you have a small number, any growth shows,’ Sprague said.” He is further quoted discussing builders, current sales, and the new hospital in Lakeway.
It is this type of information and analysis that makes Mark’s opinion sought out by the media, builders, developers, realtors, and investors in the Austin area. We are privileged to have Mark on our staff and we’re thankful for the exposure and credibility he adds to our company.
Please click here to read the full Statesman article online.
For additional insights from Mark Sprague, please see the links below:
• Mark Sprague posts his predictions for 2011 against 4 University experts (Dec 14, 2010)
• Intel Buys Guaranty Building and Sprague knew it before the press release (Dec 3, 2010)
• Mortgage Questions Answered, Q&A with Mark Sprague (Nov 30, 2010)
• Statesman Quotes Mark Sprague regarding Sweetwater Deal (Nov 22, 2010)
• Questions from Home Sellers, Q&A with Mark Sprague (Nov 17, 2010)
• Questions from Homebuyers, Q&A with Mark Sprague (Nov 9, 2010)
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