Archive Monthly Archives: December 2006

Austin Real Estate Market – Another Favorable News Article

Here is another favorable news article regarding the Austin real estate market and expected homes sales activity in 2007. AMERICAN-STATESMAN STAFF Thursday, December 28, 2006 Austin home market expected to remain strong next year Home prices up significantly in 2006 and expected to be higher in 2007. Central Texas home builders have been offering plenty […]

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Posted by Steve
12 years ago

Austin Real estate to remain strong in ‘07

This article is about commercial real estate, but good news for commercial real estate is good news for residential real estate as well. From the Austin Business Journal Friday Dec 29, 2006 A new report from a national real estate services firm is telling investors what many of them already know–Austin’s a good bet in […]

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Posted by Steve
12 years ago

Austin Job Market Looks Good – hiring managers optimistic

This article is from the Austin Business Journal. Job growth drives the real estate market more than anything else. Austin’s job growth continues to look better than the nation as a whole. Austin Business Journal (12/13/2006) More than a third of Austin employers will look to hire in the first quarter of 2007, according a […]

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Posted by Steve
12 years ago

Austin Rental Market – Nov 2006 Update

The Austin Rental Market for single family homes continues to show modest gains over a year ago. As you can see on the graph below, 2006 looks like it will be the year when rent values in Austin finally took a turn upward after falling for 4 years in a row. See below for more […]

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Posted by Steve
12 years ago

Foreclosures: Blame It on Second Mortgages

I thought this was interesting. Again, people are over-borrowing against real estate and getting into trouble. At our sales meeting this morning a Mortgage person updated us on a few things and then wanted to make sure we knew that they can do so-called 80/20 loans (80% first mortgage, 20% second mortgage = 100% loan) […]

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Posted by Steve
12 years ago