Skip to main content

Austin Unemployment and Austin Real Estate Market Update March 2009

April 17, 2009

I’m pleased to announce that the Austin unemployment rate (Austin-Round Rock) slightly decreased from 6.3% in February 2009 to 6.2% in March 2009 with 4,800 more people employed in Austin-Round Rock in March 2009 than the previous month.  This is the second consecutive month of unemployment decreases in Austin. In comparison, during the same timeRead More

SOLD 6/26/09 Ridge at Lantana home for sale | 7512 Journeyville Drive

April 10, 2009

To search for Austin homes, click this link and register to review detailed information about Austin homes for sale.  The Ridge at Lantana • Hill Country View • 7512 Journeyville Drive Click Here to See Virtual Tour 7512 Journeyville Drive is located in the heart of the Texas hill country within “The Ridge at Lantana”Read More

Austin Texas Real Estate Market Update and Statistics March 2009

April 7, 2009

While Austin real estate has not been immune from the effects of the national recession, the city has weathered the storm well compared to other cities around the country.  According to the Austin Board of REALTORS®, the Austin-area housing sector is still outperforming the majority of the country.  Consider this:   • Builder magazine cited AustinRead More

Austin Unemployment Rate February 2009 and Austin Real Estate Market Update

March 27, 2009

I’m pleased to announce that the Austin unemployment rate (Austin-Round Rock) slightly decreased from 6.4% in January 2009 to 6.3% in February 2009 with 3,200 more people employed in Austin-Round Rock in February 2009 than the previous month.  In comparison, during the same time period the State of Texas unemployment rate decreased from 6.8% inRead More

Austin Unemployment and Austin Real Estate Market Update January 2009

March 5, 2009

Austin unemployment increased from 5.2% in December 2008 to 6.4% in January 2009 representing 2,800 less people employed in January 2009 than the previous month.  In comparison, during the same time period the State of Texas unemployment rate increased from 5.7% in December 2008 to 6.8% in January 2009.  The United States unemployment rate increasedRead More

Austin Texas Real Estate Market Update and Statistics February 2009

March 1, 2009

Median sold prices for Austin homes (single-family) are down 3.2% and the number of homes sold is down 41% for February 2009 compared to February 2008.  Bank rates for a 30 year fixed mortgage remain very low at 5.25% as of 3/1/09 according to bankrate.com.  Due to the $787 billion U.S. Stimulus Plan recently signedRead More

$8000 tax credit first time home buyer

February 20, 2009

The $787 billion U.S. Stimulus Plan was signed by President Obama on Tuesday, 2/17/09.  The Homebuyer Tax Credit portion of the bill provides for an $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009.  TheRead More

$8000 Tax Credit for first time home buyers passed by the House

February 14, 2009

According the the National Association of REALTORS® website, “H.R. 1, the “American Recovery and Reinvestment Act of 2009,” passed the House on February 13, 2009, by a vote of 246 – 184.  The Homebuyer Tax Credit bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase ofRead More

Austin Texas Real Estate Market Update and Statistics January 2009

February 1, 2009

Median sold prices for Austin homes (single-family) are down 2.2% and the number of homes sold is down 47% for January 2009 compared to January 2008.  Bank rates for a 30 year fixed mortgage remained low at 5.33% as of 2/1/09 according to bankrate.com.  With fewer homes being purchased and with low interest rates, thisRead More

Austin Unemployment and Austin Real Estate Market Update December 2008

January 24, 2009

Austin unemployment continued to increase in December 2008 to 5.2% from the 2008 low of 3.3%.  Austin sold prices year-to-date (January 1-23) have decreased slightly by 2.4% compared to the same time period during 2008 and the number of homes sold has decreased by almost half (48%).  During the first 23 days of January 2009Read More