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Low mortgage rates | Low interest rates make it attractive to buy in Austin, Texas

January 23, 2009

Low mortgage rates are making it very attractive for qualified buyers to purchase an Austin home.  For those homeowners that don’t have enough space in their existing home, the low mortgage rates are providing homeowners a good opportunity to move up into a larger home.  Freddie Mac began tracking mortgage rates in April of 1971. Read More

Austin Energy Green Building Residential Program

January 22, 2009

The Austin Energy Green Building Program provides consulting, resources, and education to help consumers build environmentally-sound homes and workplaces.  Some of the benefits include better health, greater comfort, lower utility bills, less maintenance, and lasting value.  According to the Austin Energy website, Austin Energy Green Building is the nation’s most successful utility-sponsored sustainable building program.Read More

What is a VIP Inspection and where do you go to get one?

January 15, 2009

When a homeowner has trouble obtaining affordable property insurance due to the fact that insurers believe that their home will generate too many claims, a VIP Inspection or Texas Voluntary Inspection Program offers homeowners an alternative way to get affordable insurance.  Under the VIP Inspection program, a home receives a "certificate of insurability" if itRead More

Be Prepared for closing on the purchase of a home!

January 10, 2009

Between working with a REALTOR®, a mortgage broker or lender, and a title company, a buyer of a home might think that they would be informed of everything necessary to prepare for the closing date on the purchase of a home. Unfortunately, this is not always the case due to the lack of communication, peopleRead More

What does the Austin Board of REALTORS® consider the Greater Austin Area?

January 1, 2009

When conducting a search in the MLXchange, the tool used by REALTORS® with the Austin Board of REALTORS®, which includes myself, the user can choose from any of the below cities to conduct a search for homes in the "greater Austin area."  These "greater Austin area" cities include the cities of Academy, Adina, Airville, Albert, Alum Creek,Read More

Number of Austin REALTORS® in 2009

January 1, 2009

There are 10,792 registered REALTORS ® as of 1/1/09 and there have been 8,351 single-family homes sold within the Austin city limits during 2008.  This means that the average real estate agent in the greater Austin area sold only one home within the Austin city limits and many that sold none at all during 2008.  Read More

Austin Texas Real Estate Statistics 2008

January 1, 2009

Below are detailed Austin real estate market statistics for the year 2008. Sold:  During 2008 there were 8,351 homes sold in Austin Texas compared to 10,800 during the same period of time in 2007, which is a 22.7% reduction.  Overall home prices have increased slightly by .67% for the year with a median sold priceRead More

Austin Texas Real Estate Market Update 2008

January 1, 2009

With a national housing and credit crisis and an economic recession at hand, one might think that Austin real estate would be distressed.  While Austin real estate has not been immune from the pain, the capital city of Texas has fared well through the economic downturn.  Incredibly, home prices netted an actual increase between 2007Read More

Austin Unemployment and Austin Real Estate Market Update November 2008

December 19, 2008

Austin unemployment continued to increase in November 2008 to 5% while Austin sold prices are flat and the number of homes sold remains low.  While this is a seasonally one of the slowest times of the year for home sales volume, Austin has experienced low sales volume for single-family homes within the Austin city limitsRead More

Home by Lake in Texas Hill Country | The Hollows® Northshore | Lake Travis Home | 7513 Lantern View Drive

December 17, 2008

Virtual Tour If you are looking for a home or second home in a luxury lakeside community in the Texas hill country, you have found it at 7513 Lantern View Drive!  Only 30 miles from Austin on the north shore of Lake Travis there is a large master planned development called The Hollows –Read More