BEST AUSTIN NEIGHBORHOODS FOR A REASONABLE PRICE

May 20, 2008

Searching for real estate in Austin Texas can be a tricky proposition.  So many Austin area realtors with so many listings in too many neighborhoods in an ever-growing city. If you’re just starting out and looking for affordable Austin homes for sale, perhaps we can help you narrow things down a bit.  Analyzing the mostRead More

AUSTIN RANKED #5 BEST CITY IN AMERICA FOR COUPLES

May 15, 2008

Could this be good news for Austin area realtors?  Our town is on another of those “best of” lists – this time Forbes Magazine has ranked the best cities for couples, and we come in very high at fifth on the list.  Whether this sends swarms of couples suddenly scrambling to look for real estateRead More

DOWNTOWN AUSTIN CONDO LIVING: HIP OR HYPE?

May 12, 2008

What’s all this buzz about those downtown high-rise condos, Austin Texas real estate at its best?  If you’ve been focusing your search for homes for Austin Texas real estate with an Austin realtor in the suburbs, you might not have noticed the subtle changes to the downtown skyline and landscape.  From Ladybird Lake to Congress AvenueRead More

COMPARING CITIES: THE HOUSING SLUMP – AUSTIN TEXAS REAL ESTATE

May 5, 2008

Across the nation, the residential real estate sector is in a funk.  Values are down.  Homes aren’t selling as quickly.  And don’t forget the sub-prime mortgage mess.  It’s hard to turn on the news or read the paper without hearing something bad. But what about real estate in Austin Texas? Let’s not shade the truth. Read More

Austin Texas Real Estate Report April 2008

May 1, 2008

Real Estate Austin Texas: Real Estate in austin texas has been softer than 2007 but there are still a lot of homes selling. Austin texas luxury real estate has also slowed down a bit compared to last year.  Commercial real estate austin texas has also slowed down in 2008 but not as much as residential. Read More

New Jobs, Low Unemployment and Home Price Increases a Good Sign for Austin Texas Real Estate Market?

March 30, 2008

According to the Texas Workforce Commission, the Austin Texas unemployment rate decreased from 3.9% in January to 3.6% in February.  This represents a decrease of 2,700 unemployed people in Austin.   Additionally, there were 16,900 more people employed in Austin in February 2008 compared to 2007.  Although the number of homes sold in Austin has decreased significantly inRead More

A bright spot on the horizon for Austin residential real estate?

March 24, 2008

Since January 1st of this year (2008) 1,813 homes have sold and 884 homes have been withdrawn from the market in Austin Texas, a 28% decline and 42% increase respectively from the same period last year.  This reflects a weaker Austin Texas residential real estate market in 2008 compared to 2007.  With that said, theRead More

The Mueller Development in Austin Texas

March 6, 2008

When the Robert Mueller Municipal airport closed down in 1999, plans began to be laid for one of the most ambitious building projects Austin has ever seen. All told there was 711 acres of prime real estate up for grabs, and the city knew that what happened to the land would be hugely important forRead More

More Buyers Simply Choosing to Default on their Home Mortgage

March 5, 2008

As mortgage rates from subprime loans are beginning to reset and interest rates in general are beginning to increase due to the credit crunch, home owners are beginning to default in greater and greater numbers.  Many are simply abandoning attempts to pay back the money, and are simply letting their credit rating absorb the damage,Read More

2008 Austin Texas Real Estate Home Sales Still Slow

March 3, 2008

Since January 1st of this year 1,214 homes have sold and 342 homes have been withdrawn from the market in Austin, a 32% decline and 47% increase respectively from the same period last year.  With that said, the median price for homes sold during the same period in 2007 was $120 per square foot withRead More