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August 2008

There are 3 blog entries for August 2008.

Austin Unemployment and Austin Real Estate Report July 2008

Saturday, August 16th, 2008 at 10:12am. 2,378 Views

Austin Realtor Market Report: Unemployment is increasing slightly, home sales are flat, and Austin Texas Real Estate has seen slight price reductions in certain market sectors, but with a continued overall price increases city wide. 

As we wrap up the summer and slowly move toward our fall and winter seasons, sales volume should slow further due to the seasonal change.  The Austin real estate market will most likely stay flat for the remainder of the year compared to 2007.  There is however continued demand for homes in Austin, especially if your home is in good condition and priced aggressively compared to the competition.  If you want to sell, my suggestion is to be highly competitive on the sale and aggressive on your purchase elsewhere.  This way

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Wednesday, August 13th, 2008 at 8:55pm. 2,095 Views

I've joined Technorati to bring more visibility to my blog.  Be sure to join Technorati as well to better enjoy and participate in the blogging community.

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Ridge at Lantana Market Update

Friday, August 1st, 2008 at 11:03am. 2,549 Views

Home resale prices continue to dip in 2008, although those homes willing to price aggressively seem to be getting sold.

Between January and July of 2008 the Ridge at Lantana had 7 homes sell with a median sold price of $124.54 per square foot and 3,267 square feet.  This compares to 9 homes that sold during the same period of time in 2007 with a median sold price of $127.78 per square foot and 3,064 square feet.  There are currently 12 homes listed for sale and two homes pending sale in Lantana. 

During the month of July Lantana had two homes sell with a median sales price of $114.02 per square foot and averaging 4,035 square feet.  In July of 2007 there was only 1 home sold for $135.34 per square foot and 3,312 square feet.  One home sold in June

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