2005

Austin Apartment rents rise as supply tightens

December 26, 2005

The article below appeared last saturday in the Austin American Statesman. It’s good news, but I want to point out a big difference in Austin’s Apartment market and the single family rental home market in Austin. While new supply of apartments has slowed, creating a tighter supply (the article quotes the 1819 units added this […]

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Austin Home market surges; median price hits record $170,000

December 20, 2005

November sales up 24 percent from a year ago. AMERICAN STATESMAN STAFF Monday, December 19, 2005 The Central Texas resale home market surged in November, with a 24 percent increase in sales and a 15 percent jump in the median price, to an all-time high of $170,000. Owners sold 1,870 homes last month, up from […]

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Austin home market surges; November median is an all-time high

December 20, 2005

Home market surges even as supply drops; November median price hits an all-time high AMERICAN-STATESMAN STAFF Tuesday, December 20, 2005 Central Texas home buyers shrugged off rising interest rates in November, sending sales up 24 percent and the median price to an all-time high of $170,000, up 15 percent. But the supply of homes fell […]

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HOT RESIDENTIAL MARKETS RESIDE IN TEXAS

December 20, 2005

SAN ANTONIO (mysanantonio.com, fortune.com) Texas metropolitan areas are some of the country’s hottest residential markets in terms of projected home price appreciation rates for 2006, according to Fortune Magazine. Fortune worked with Moody’s Economy.com and Fiserv CSW on the analysis of home sales data for the country’s 100 largest metro regions. Three Texas markets ranked […]

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Austin economy forecast to be better in 2006

December 14, 2005

This is from the Austin Business Journal… “The greater Austin area’s economy is set to grow at a rate of 4.58 percent over the next 5 years, according to a new report. Details of that report by Waco-based The Perryman Group were revealed Tuesday at a luncheon. The 5-county metropolitan statistical area will be the […]

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October Austin Sales and Leasing Market Update

December 9, 2005

Here is a belated posting of my regular monthly Austin Sales and Rental Market Update. I was unable to log into my blog for a couple of weeks and finally determined it was because of a new firewall I installed on my computer. That’s another story entirely… On to the update: Homes in Austin are […]

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Austin Area home sales surge in October

November 23, 2005

From today’s Austin Statsman Supply is shrinking fast, but price increases remain modest. AMERICAN-STATESMAN Wednesday, November 23, 2005 A third consecutive record year for Central Texas home sales is all but ensured after an unusually strong October in which the number of houses changing hands increased by 27 percent year-over-year. Home sales from January through […]

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Austin Real Estate Expired/Withdrawn to Sold Ratio Analysis

November 23, 2005

With all the talk and news articles about how wonderful the Austin Real Estate market is doing, I thought I’d take a look at a different set of numbers and share with you what I found. While it’s good news that Austin is selling record numbers of homes, many homes still do not sell. How […]

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The Downside of Living in Austin – Allergies

November 21, 2005

Its’ official. Austin Allergy season has started for me (and many others in Austin). Austin is considered one of the top “allergy capitals” in the US. There are allergens in the air throughout the year in varying amounts but for Austin and Central Texas, Cedar Fever is the most annoying. I felt great this morning […]

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Austin Home Pricing Analysis

November 15, 2005

The National Association of Realtors ((NAR) compliled a home price analysis for 130 real estate markets across the U.S. as part of a study into whether or not a nationwide housing bubble exists. Their conclusion? – no bubble exists, and especially not in Austin. About Austin, the report says: “A thorough analysis of the Austin-Round […]

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