December 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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