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Lately Austin and the State of Texas have received some great press on our job & real estate market. According to Richard Fisher, the president of the Federal Reserve Bank of Dallas, some 37% of all net new American jobs since the recovery began were created in Texas. And, according to Simply Hired, Austin’s job [...]
Category | Real Estate Information
If you are thinking about selling your home, it is wise to consider using a qualified real estate professional to assist you. The first reaction may be to call the Realtor® who sold you the home to begin with, but this is not necessarily the best plan of action. Some real estate agents specialize in [...]
I have just completed my monthly analysis of the single family home market in Travis, Williamson and Hays Counties comparing April 2010 with April 2011, I can tell you that many homeowners are likely to see higher appraised values. The latest numbers, which I pulled directly from our Multiple Listing Service database might surprise you. [...]
Home prices have crashed. And mortgage rates are at record lows. But incomes (nationwide) haven’t fallen nearly as much… So homes are now more affordable than ever. “Most people” out there will only tell you the bad news about housing… That’s the way it goes in a bear market. People drive looking in the rearview [...]
Market Snapshot (Travis, Williamson and Hays County) • Median Sold Price – Increased 2% to $197,000 • Median Asking Price – Decreased 1% to $219,000 • Number of Homes Sold – Decreased 7% to 973 • Homes Under Contract – Decreased 2%to 1,472 • Number of New Listings – Decreased 24% to 2,109 • Number [...]
MBA – foreclosures up delinquencies down The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 8.22% of all loans outstanding as of the end of the fourth quarter of 2010, a decrease of 91 basis points from the third quarter of 2010, and a decrease of 125 [...]
One of my Realtor partners forwarded me the following Austin Real Estate statistics and predictions. I found this information to be very accurate and thought I would include on our blog for you to review. “As soon as the holidays were behind us, I started getting calls and emails from buyers who were finally ready [...]
Forecasts for the Economy and Employment – Their Impact on the Housing Market The economy and housing markets have seen some rough times the last couple of years. But the good news is last year we saw some stabilization in 2010 – and 2011 should continue on the road to recovery. To help you [...]
An Update on Home Foreclosures: Lately, very few things have been in the news more than the topic of home foreclosures. Depending on the source, it is estimated there have been over 4 million homes entering foreclosure over the past four years and about 300,000 are entering the first stage monthly. Recently the attention has [...]
