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Why Austin real estate is good for buyers and sellers

December 2, 2008

Sold prices are strong in Austin: In Austin, single-family median home prices are up 25% since the peak of 2000 when the median sold price for a single-family home was $89 per square foot compared to $120 per square foot today.  So if a seller has been in their house for 3 or 4 years or moreRead More

Austin Texas Real Estate Market Update and Statistics November 2008

December 1, 2008

Median sold prices for Austin homes (single-family) are up 1.1% for the year and 1.7% for November 2008 compared to November 2007.  The number of homes sold in Austin is down 23% for the year and 54% for November 2008 compared to November 2007, the biggest overall decrease in the number of homes sold thatRead More

Home by Lake in Texas Hill Country | The Hollows® Northshore | Lake Travis Home | 17816 Regatta View Drive

December 1, 2008

THIS HOME WAS LEASED http://www.tourfactory.com/467357 Looking for a luxury home or a second home in a lakeside community in the Texas hill country?  Look no further!  Just 30 miles north of Austin on the north shore of Lake Travis you will find The Hollows; the winner of the Austin Business Journal’s 2008 Master Planned CommunityRead More

Austin Unemployment and Austin Real Estate Market Update October 2008

November 22, 2008

Austin unemployment inches up in October 2008 to 4.8% while Austin sold prices are flat and the number of homes sold remains low.  While this is a seasonally slow time of the year for home sales, the last twenty days has seen much slower sales than the same period of time in 2007, most likelyRead More

Ridge at Lantana Market Update November 2008

November 14, 2008

Ridge at Lantana Homes: So far this year (January 1 – November 14, 2008) 13 homes sold in Lantana with a median price of $124.54 per square foot ($410,000), a median size of 3,267 square feet, and averaging 60 days on the market.  During the same period of time in 2007 there were 16 homesRead More

Texas Property Tax Exemptions | Texas Homestead Exemptions

November 6, 2008

Looking for a better understanding of Texas Property Tax Exemptions | Texas Homestead Exemptions?  Cory Macdonald, Associate Attorney at Davis & Wilkerson P.C. has provided us with a special overview of the topic below.  For further questions on the subject feel free to contact Cory Macdonald directly at cmacdonald@dwlaw.com.  For help with your Austin homeRead More

Austin Texas Real Estate Market Update and Statistics October 2008

November 3, 2008

Austin real estate home prices are steady, the number of Austin homes sold is still low, and the number of homes withdrawn from the market is still high.  With a new President on the way and the chance for the $700 billion dollar bailout to kick in, we may be looking at much higher numberRead More

Austin Unemployment and Austin Real Estate Market Update September 2008

October 18, 2008

The Austin-Round Rock unemployment rate continues to inch up for the 5th month in a row from 3.3% in April 2008 to 4.7% in September 2008, which represents a 30% increase or an increase of 12,000 unemployed.  While the Austin unemployment rate has continued to increase, single-family Austin home prices have seen two consecutive monthly decreasesRead More

The Ranch at Bushy Creek Market Update October 2008

October 17, 2008

The Ranch at Brushy Creek is located just north of Avery Ranch, which is east of Parmer Lane, north of 620, and south of 1431 in Cedar Park Texas, just north of Austin and other Austin real estate.  This new neighborhood was opened up in 2005 with builders such as Newmark, Drees, David Weekly, Morrison, Lennar,Read More

$7500 Tax Credit for first time home buyers

October 10, 2008

For those first time home buyers who are looking for access to additional cash to help purchase your first home, there is a new "tax rebate" program created out of the 2008 American Housing Rescue and Foreclosure Act that may help – but pay close attention to the details.  While the program offers tax rebatesRead More