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Ridge at Lantana Market Update 3rd Quarter 2008

October 6, 2008

Great news for the Ridge at Lantana in Southwest Austin!  Austin real estate home sales picked up significantly in Lantana in the third quarter (Q3) of 2008 with 8 homes sold – 5 homes sold in September alone.  However, the median price for these Austin homes in our neighborhood is down 6.5% when comparing 3Q 2008Read More

Austin Texas Real Estate Statistics September 2008

October 2, 2008

Austin real estate continues to feel the effects of the economy but so far has been able to buck the national trend with an overall price increase for the year.  Homeowners are increasingly pulling their homes off the market rather than taking a “below market” price for their home.  Single-family home sold prices are upRead More

Austin Unemployment and Austin Real Estate Report August 2008

September 26, 2008

Austin unemployment continues to be on the rise in 2008.  Regarding Austin homes January through August of 2008, the number of single-family homes sold is down 23%, and home prices are up 2% for the year with overall Austin home prices down for the first time in August (comparing August 2008 to August 2007).  SinceRead More

Learn where Austin home prices are down – find a deal

September 25, 2008

My press release called "To Delight of Buyers, Real Estate Firm Reveals Areas Where Austin Home Prices are Down" can be found at the following link: Austin homes.  This is the press release that follows my release of my previous blog about Austin home prices by area comparing 2008 to 2007 (Jan 1 – SeptRead More

Continued…Austin home prices up. Austin home sales are down. What about your neighborhood?

September 23, 2008

Below article is a continuation of my previous blog found at the following link: Let’s now look at the more sobering reality.  When considering home sales volume in Austin in 2008, the numbers are telling.  Only one zip code in Austin had an actual increase in the number of homes sold in 2008 comparedRead More

Austin home prices are up. Home sales are down. Is your neighborhood safe?

September 23, 2008

Austin homes: Prices are up 2% for the year for single-family homes in Austin Texas.  But does this indicate that all areas of Austin have gone up in value?  Likewise, the number of single-family homes sold in Austin is down 23% for the year, but does this mean that all areas of Austin have slowingRead More

Number of homes sold down in Austin but prices still high, nothing new

September 20, 2008

I (Brian Talley) was quoted in today’s Austin American-Statesman article entitled "Homes Sales Fall for 14th Month in a Row".  I was asked about why I believe home sales prices are still high while the number of homes sold is down (home sales volume is at the level it was at the bottom of the market inRead More

Top 30 REALTORS® in Austin Texas by Number of Homes Sold in 2008

September 19, 2008

Find the updated report for Top REALTORS® in Austin 2010. Top Austin REALTORS®: If you have been wondering who has been selling the most single-family homes in Austin Texas in 2008, you have come to the right place.  So far there have been 6,521 homes sold in Austin this year between January 1 and SeptemberRead More

Ridge at Lantana Statistics September 2008

September 12, 2008

While single family home prices in the Ridge at Lantana are still robust, overall median prices have reduced slightly by 3% and the number of resales are down 25% compared to 2007.  Homes willing to price competitively seem to be getting sold. On Friday, September 12 there are 17 homes listed for sale and 4Read More

Austin Luxury Real Estate Statistics on Setember 10, 2008

September 11, 2008

Austin luxury real estate is herein defined as single family homes priced over $1 million.  The number of luxury homes sold in Austin has been on the rise since 1999 when 56 luxury homes were sold.  Fast forward to 2007 and you will find that 276 luxury homes were sold, a 493% increase or anRead More