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Austin Texas: Real Estate Blog
Austin area foreclosures up 47% year over year
Austin metro area foreclosure postings, which have been posted for the upcoming July foreclosure auctions, have reached a new high. The postings for Travis, Williamson, Hays and Bastrop counties rose by 47 percent compared with the same month last year, and set new monthly record highs. Click here for the full story.
Or, click here to [...]
Austin’s projected growth rate 5th among 250 U.S. metros.
The population of the Austin metro area is projected to grow by more than 2.7 million by 2025, according to an analysis by bizjournals.
Austin’s projected growth rate ranks fifth among 250 U.S. metros studied.
Bizjournals forecasts an 87 percent growth rate from the area’s 2005 estimated population of 1.5 million to a 2025 projected population of [...]
Austin home sellers reduced prices in June
There was an interesting article written about Las Vegas home prices stabilizing that also made reference to the top 10 cities where sellers were reducing their home prices in response to a slow market. Unfortunately, Austin was #9 on the list with 31% of homeowners reducing their prices an average of 8%. Click to read [...]
Demystifying the $8000 Tax Credit
For first-time homebuyers, the enticement of up to $8,000 in tax credits is an incredibly strong incentive to shop for a home this year, especially given the historically low interest rates in the marketplace and the reduction in list prices. Yet every week, our conversations with potential first-time homebuyers show that there’s a great deal [...]
Texas foreclosures decline 9% in April 2009
Bucking the national trend, the number of new foreclosure postings in Texas actually declined 9% in April. You can read the details here.
