In a recent article I read in the Austin American Statesman, Addison based Foreclosure Listing Service Inc. reported that foreclosure postings fell 8% for the Central Texas area, the only major metropolitan area in the state to have a decline. Broken down into counties, Travis county reported a 6% decrease in foreclosures compared to this time last year, Hays County reported a 10% decrease and Williamson County had the most drastic decline with 11%.

Though... Full Story

There is a great article written on the News 8 website today discussing the real estate trends of the Austin area specifically touching on the development of downtown and the affordable housing market. The article also discussed suburban growth citing Cedar Park has had it’s population grow 93% from where it was six years ago making it the 11th fastest growing city in the U.S. Pflugerville, Round Rock, Hutto and Kyle were also mentioned.

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While the housing market in the U.S. has continued to slow down, the Austin market has had the opposite effect.

For instance, the price of a single family home continues to fall nationwide, but Austin’s prices are rising. In addition, the average home value has increased in Austin by 5.6%. where as the national average is seeing a decrease of 1.5%.

You can attribute Austin’s success to the huge growth in the past year. Companies... Full Story

We’ve all heard it in the news lately – mortgage companies filing for bankruptcy, subprime lending becoming extinct. With the everchanging going ons in the lending world, here are a couple of things to know before applying for a home loan.

Credit Score:Having a good credit score is key in getting approved for a home loan. A credit score of around 680 will satisfy most lenders, but a score of 720 will qualify most people... Full Story

With in the past year, property values in Travis County have jumped 13% due in part to new construction activity and a higher level of interest from buyers for the Austin market. To read more from this article log on to Austin Business Journal’s website:Â
Austin Business Journal

With in the past year, property values in Travis County have jumped 13% due in part to new construction activity and a higher level of interest from buyers for the Austin market. To read more from this article log on to Austin Business Journal’s website:Â
Austin Business Journal

Here is a great real estate tip pertaining to bargain homes….

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love “fixer-uppers” for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a... Full Story

I just read an article in the Austin Business Journal stating that 22 zip codes in Texas are among those with the highest number of foreclosures in the nation. 78664 in Round Rock and 78660 in nearby Pflugerville are among them. In a three month period, 78664 reported 248 foreclosures filed and 78660 reported 166 foreclosures. Not to fret though. Overall foreclosures in the Austin area are down 4% from this time last year. If... Full Story

By filing in federal bankruptcy court, an individual or individuals can restructure or relieve themselves of debts and liabilities. Bankruptcies are of various types, but the most common for an individual seem to be a “Chapter 7 No Asset” bankruptcy which relieves the borrower of most types of debts. A borrower cannot usually qualify for an “A” paper loan for a period of two years after the bankruptcy has been discharged and requires the re-establishment... Full Story