Despite news reports of a struggling housing market across the nation, Austin’s market remains healthy and forecasts predict this trend will continue.With a healthy inventory of roughly 10,000 homes currently available and a number of people relocating to Austin for jobs, it’s a great time for buyers and sellers.

Austin area home sales courtesy of Lynne McCoy of Fidelity National Title®

The National Association of Realtors is forecasting a stabilization in the so-called erratic housing market. Job growth and the replacement of subprime lenders to borrowers with weak credit with government-backed loans are cited as the main reasons for the improved outlook. The trade group also said its index that forecasts near-term home sales inched upward in October. The trade group’s seasonally adjusted index of pending sales for existing homes rose 0.6 percent to 87.2 from... Full Story

Thinking about doing some remodeling to your home? Make sure you’re investing your time and money in the right areas. According to Remodeling magazine’s annual “Cost vs. Value Report”, exterior and replacement projects bring in the biggest return. For instance, adding a wooden deck not only adds aesthetic value to the exterior of your home, it also has one of the highest percentages of costs recouped at 85%. Other projects that consistantly rank high include... Full Story

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.

Click... Full Story

Austin’s made another top ten list and this is a good one! With more jobs being created and brought in, the demand for housing is on the rise. One job sector that has brought in the majority of new jobs for Austin is technology. Austin remains the Silicon Valley of the South and it looks like that wont change, at least not for a while.

1. Phoenix

1. Salt Lake City

1. Boise,... Full Story
   Categories : All About Austin

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

Austin has seen a lot of changes occur in the last five years, a downtown skyline dotted with high-rise condominium buildings, a beautiful new 21-acre park in the heart of the city and The Domain. The Wall Street Journal posted the following article on their website today describing how Austin is moving up in the world of luxury goods retail.

 http://online.wsj.com/article/SB118886767541016463.html

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

Round up the troops and head out to Auditorium Shores this Saturday, August 25th. First flight takes off at 6:30 and promises to be very entertaining. Make sure to pay special attention to the Flintstones and their prehistoric flying mobile. Dino, also known as my little brother, guarantees a big splash! Yabadabadoo!

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