July 2005

Austin Condo Tower To Spring Up

July 29, 2005

From the Austin Statesman Friday, July 29, 2005 A dramatic change is coming to Austin’s skyline, with plans under way for a $60 million condominium high-rise that would tower 36 stories over downtown Austin’s southwestern edge. Developers expect to start construction in about a year on the tower, at West Third and Bowie streets.

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Simon Drops Retail Dreams for Bastrop and Buda

July 29, 2005

BASTROP, Texas (statesman.com) Plans to develop 700,000 to one million square feet of retail, entertainment and restaurants in Bastrop and a one million-square-foot outdoor regional mall in Buda have changed. Simon Property Group has scraped its plans and let options to buy land in these areas expire because of timing issues.

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Home Sales Smash National Records, Prices Lift Off

July 26, 2005

WASHINGTON, D.C. (Realtor.org) – “Just when you think sales activity is ready to settle into a more sustainable pace, the housing market continues to surprise,” says David Lereah chief economist for the National Association of Realtors (NAR). Existing-home sales surpassed market expectations and reached another record in June. Home sales were expected to slow from [...]

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Home Building in Austin Surges

July 24, 2005

Job gains, low interest rates and relocations help send starts to an all-time high By Kate Miller Morton AMERICAN-STATESMAN STAFF Tuesday, July 19, 2005 Continued low interest rates, strong job growth and a healthy appetite for new houses from both local and out-of-town buyers spurred Austin-area builders to start work on a record number of [...]

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Keller Williams Real Estate Agents Demonstrate ‘Extreme’ Volunteerism

July 23, 2005

CLARKSVILLE, TENN. (Friday, July 22, 2005) In keeping with Keller Williams Realty International’s mission to build lives worth living, a dedicated group of associates from the Clarksville, Tenn., market center put their busy schedules on hold to ensure an injured Iraq war veteran could live a better life – in the comfort of a brand-new [...]

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Dotzour’s Thoughts on Speculative Real Estate Fervor

July 22, 2005

COLLEGE STATION, Texas (recenter.tamu.edu) – Dr. Mark G. Dotzour, chief economist at the Real Estate Center, expects foreclosure rates to be higher than historical averages over the next five years because of the massive increase in higher risk mortgages.

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Greenspan Ups Housing Market Warning

July 22, 2005

WASHINGTON, D. C. (MSNBC.com) In an earlier speech, Federal Reserve Chairman Alan Greenspan talked about ‘froth’ in reference to housing appreciation in some areas of the country. On Wednesday he talked about “speculative fervor” among investors.

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Our Move to Keller Williams Realty in Austin

July 14, 2005

Greetings from Steve and Sylvia, After owning and operating our independent real estate business and property management company (Crossland Real Estate) from January 1993 until we sold it turnkey in July 2004, Sylvia and I have decided to hang our hats at Keller Williams Realty.

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