Comments on: Austin Subdivision Smackdown #2 – Belterra vs. Teravista http://crosslandteam.com/blog/2009/12/12/austin-subdivision-smackdown-2-belterra-vs-teravista/ Austin Real Estate Blog Sat, 31 Jul 2010 01:04:35 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Crystal Guthrie http://crosslandteam.com/blog/2009/12/12/austin-subdivision-smackdown-2-belterra-vs-teravista/comment-page-1/#comment-108244 Crystal Guthrie Sat, 09 Jan 2010 04:59:17 +0000 http://crosslandteam.com/?p=1533#comment-108244 Hard to imagine how Forbes could calculate this based on days on market and "price forecasts". One thing for buyers to consider is that they are using the entire Austin-Round Rock metro area. Homes in east Round Rock are facing a very different market than homes in central Austin. Hard to imagine how Forbes could calculate this based on days on market and “price forecasts”. One thing for buyers to consider is that they are using the entire Austin-Round Rock metro area. Homes in east Round Rock are facing a very different market than homes in central Austin.

]]> By: Steve Crossland http://crosslandteam.com/blog/2009/12/12/austin-subdivision-smackdown-2-belterra-vs-teravista/comment-page-1/#comment-106311 Steve Crossland Thu, 17 Dec 2009 15:48:37 +0000 http://crosslandteam.com/?p=1533#comment-106311 Hi Tim, I was somewhat surprised too. I thought Belterra would have held up better. Sarah, I think Forbes is nuts if they think Austin is the 10th over-priced market in the US. It's simply not true. Beware such articles. Steve Hi Tim,

I was somewhat surprised too. I thought Belterra would have held up better.

Sarah, I think Forbes is nuts if they think Austin is the 10th over-priced market in the US. It’s simply not true. Beware such articles.

Steve

]]> By: sarah http://crosslandteam.com/blog/2009/12/12/austin-subdivision-smackdown-2-belterra-vs-teravista/comment-page-1/#comment-106081 sarah Tue, 15 Dec 2009 18:25:06 +0000 http://crosslandteam.com/?p=1533#comment-106081 What do you think of number 10 on this list? December 07, 2009 Tampa Bay homes still overpriced. So says Forbes Despite 40 percent price declines, Tampa Bay real estate still needs a haircut. So says Forbes, which published a list of metro areas where real estate remains overpriced: 1. Orlando 2. Miami-Fort Lauderdale-Pompano Beach 3. Jacksonville, Fla. 4. Baltimore-Towson 5. Chicago-Naperville-Joliet 6. San Antonio, Texas 7. Denver-Aurora 8. Tampa-St. Petersburg-Clearwater 9. Indianapolis-Carmel 10. Austin-Round Rock Forbes came by its rankings using a stew of several statistics: prices reductions, list price vs. closing price, days on market and price forecasts. What do you think of number 10 on this list?

December 07, 2009
Tampa Bay homes still overpriced. So says Forbes
Despite 40 percent price declines, Tampa Bay real estate still needs a haircut. So says Forbes, which published a list of metro areas where real estate remains overpriced:

1. Orlando
2. Miami-Fort Lauderdale-Pompano Beach
3. Jacksonville, Fla.
4. Baltimore-Towson
5. Chicago-Naperville-Joliet
6. San Antonio, Texas
7. Denver-Aurora
8. Tampa-St. Petersburg-Clearwater
9. Indianapolis-Carmel
10. Austin-Round Rock
Forbes came by its rankings using a stew of several statistics: prices reductions, list price vs. closing price, days on market and price forecasts.

]]> By: TH http://crosslandteam.com/blog/2009/12/12/austin-subdivision-smackdown-2-belterra-vs-teravista/comment-page-1/#comment-106000 TH Tue, 15 Dec 2009 04:03:16 +0000 http://crosslandteam.com/?p=1533#comment-106000 Steve, Interesting post. I was initially a little surprised Teravista came out as well as it did, as the Round Rock area has seen a lot more foreclosure activity than SW Austin / Dripping. Plus it's evident from reading your blog that you are very much a S/SW Austin fan (not without reason). I think the two key factors aiding Teravista are jobs and transportation. I'm a big SW Austin fan myself, but I cannot imagine commuting in from Belterra on a daily basis to the major job centers of Austin. A friend of mine moved out there this summer, and I started hearing the complaints about getting to his office in the 183/Duval area almost immediately. Belterra is ~17 miles to downtown, vs. 25 for Teravista. However, that 17 miles has many more miles of non-highway driving, with few alternative routes. I'm not a fan of paying the 130 tolls, but at least you have several alternative routes from the RR area. When you start considering distances/travel times from other major job centers (RR, Arboretum, Parmer), the advantage definitely goes to Teravista. Thanks for the interesting posts, Tim Steve,

Interesting post. I was initially a little surprised Teravista came out as well as it did, as the Round Rock area has seen a lot more foreclosure activity than SW Austin / Dripping. Plus it’s evident from reading your blog that you are very much a S/SW Austin fan (not without reason).

I think the two key factors aiding Teravista are jobs and transportation. I’m a big SW Austin fan myself, but I cannot imagine commuting in from Belterra on a daily basis to the major job centers of Austin. A friend of mine moved out there this summer, and I started hearing the complaints about getting to his office in the 183/Duval area almost immediately. Belterra is ~17 miles to downtown, vs. 25 for Teravista. However, that 17 miles has many more miles of non-highway driving, with few alternative routes. I’m not a fan of paying the 130 tolls, but at least you have several alternative routes from the RR area. When you start considering distances/travel times from other major job centers (RR, Arboretum, Parmer), the advantage definitely goes to Teravista.

Thanks for the interesting posts,
Tim

]]>