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Austin Texas Real Estate Market Update and Statistics March 2010

April 2, 2010

The government stopped buying mortgages at the end of March so there is expected to be an increase in interest rates soon.  Additionally, the $8000 first-time home buyer tax credit and the $6500 home buyer tax credits expire soon. For qualified buyers, you must have a home under contract by the end of April 2010 andRead More

SOLD ON 6/30/2010: 4812 Norman Trail, Austin TX 78749 in Sendera South subdivision in south Austin

April 1, 2010

To search for Austin homes, click this link and register to review detailed information about top Austin neighborhoods.    THIS HOME IS NOW SOLD AS OF 6/30/10! 4812 Norman Trail – Sendera South Neighborhood – MLS # 3900898 Offered at $275,000 View virtual tour at www.tourfactory.com/599102     This 1 story, 2,334 square foot home sitsRead More

Austin Unemployment and Austin Real Estate Market Update February 2010

March 26, 2010

The Austin unemployment rate (Austin-Round Rock) decreased from 7.6% to 7.2% in February 2010 with 6,200 more people employed in Austin-Round Rock in February 2010 than the previous month due to an increase in the Civilian Labor Force by 3,400 people and a decrease in those unemployed of 2,800.  January’s unemployment rate was the highest rateRead More

SOLD ON 5/5/10: 4800 Wind River Road, Austin TX 78759 in Mesa Park subdivision in north Austin

March 25, 2010

This home was Sold on 5/5/2010. To search for Austin homes, click this link and register to review detailed information about Austin homes for sale.  4800 Wind River Road, Austin TX 78759 Mesa Park subdivision in north Austin Click here to see virtual tour of 4800 Wind River Road, Austin TX 78759.  See more detailsRead More

Austin Unemployment and Austin Real Estate Market Update January 2010

March 9, 2010

The Austin unemployment rate (Austin-Round Rock) increased from 7% to 7.6% in January 2010 with 7,300 fewer people employed in Austin-Round Rock in January 2010 than the previous month due to a decrease in the Civilian Labor Force by 1,500 people and a decrease in those employed of 5,800.  In comparison, during the same time periodRead More

Austin Texas Real Estate Market Update and Statistics February 2010

March 4, 2010

Have you noticed that the news headlines have turned a corner lately? While the economy is still struggling, it seems that we have turned a corner from the all encompassing gloom and doom to a new sense of hope for the future. There may still be a sense of unknown about the future, but this feeling isRead More

Austin Texas Real Estate Market Update and Statistics January 2010

February 2, 2010

The Austin real estate market showed signs of improvement during January 2010 compared to the same time last year with increased median sold prices of around 3% and a 7.7% decrease in the time it is taking to sell a home. Although the actual number of homes sold was down 9.7%, the supply of homes availableRead More

Austin Unemployment and Austin Real Estate Market Update December 2009

January 30, 2010

The Austin unemployment rate (Austin-Round Rock) remained steady at 6.9% in December 2009 with 3,700 fewer people employed and 100 more people unemployed in Austin-Round Rock in December 2009 than the previous month due to an decrease in the Civilian Labor Force by 3,600 people.  In comparison, during the same time period the State of TexasRead More

Free mortgage calculators help you to determine your affordability

January 26, 2010

What is the role of free mortgage calculators in finding out your affordability? Mortgage calculators play an important role in determining how much you can afford. These are important financial tools that assess your financial condition and hence your repayment capacity. You can access these calculators online for free. There are websites that offer itsRead More

Austin Commercial Real Estate Market Ranked #1 Investment Opportunity

January 21, 2010

According to Grubb & Ellis Co., which is a real estate services and investment firm based in Santa Ana, California, Austin offers the best commercial real estate investment opportunities for 2010. Although the experts at Grubb & Ellis Co. do predict that the commercial real estate market will continue to have difficulty throughout the restRead More