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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

Austin home price trends 2009 versus 2007

January 15, 2010

Click on this link to view map showing Austin price trends outlined in the article Click here to view updated statistics comparing Austin home sold prices during year 2010 to 2007. Since the last housing peak and fall experienced in Austin Texas between the years 2000 to 2001, average single-family home sale prices and volumeRead More

Austin Texas Real Estate Statistics 2009

January 11, 2010

Austin home sales during 2009 seemed to have stabilized moving into 2010 with only slight decreases in sold prices and number of homes sold during 2009 compared to 2008. It took 15% longer to sell an Austin home, but the number of homes available to sell decreased by 10%. This decrease in supply may help increase buyerRead More

Austin Texas Real Estate Market Update and Statistics December 2009

January 9, 2010

Austin real estate finished off on a solid footing during December 2009 with a 10% decrease in the number of homes sold but a 3% increase in sold prices per square foot and a continued decrease in supply.  While I don’t anticipate a boom in real estate during 2010, I do expect a better year than 2009Read More

Austin Unemployment and Austin Real Estate Market Update November 2009

December 28, 2009

The Austin unemployment rate (Austin-Round Rock) dropped to 6.9% in November 2009 from 7.2 % in October and September 2009 with 3,200 more people employed and 2,300 less people unemployed in Austin-Round Rock in November 2009 than the previous month due to an increase in the Civilian Labor Force by 900 people.  In comparison, during the same time period the StateRead More

Austin Texas Real Estate Market Update and Statistics November 2009

December 7, 2009

The Austin real estate market was strong during November 2009 compared to November 2008. There was a huge 62% increase in single-family homes sold, a 1% decrease in the median sold price per square foot, virtually no change in days on market, and a large decrease in supply of 10%. The median sales price decreased from $235,000Read More

Austin Unemployment and Austin Real Estate Market Update October 2009

November 23, 2009

The Austin unemployment rate (Austin-Round Rock) remained flat at 7.2% in October 2009 from 7.2 % in August and September 2009 with 3,600 more people employed and 200 less people unemployed in Austin-Round Rock in October 2009 than the previous month due to an increase in the Civilian Labor Force by 2,600 people.  In comparison,Read More