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More Central Texas history

The James Gang visited a lot of places, but it’s interesting that they stopped in Rockdale, about an hour northeast of Austin, to see a former gang member. Continue reading

Employment — this is more than just semantics!

There is a difference between comparing employment from month to month, and comparing to the same month in a previous year. The Austin metro area gained jobs on a month-to-month basis for 8 of the 12 months from February 2009 through January 2010. Continue reading

Austin Area — then and now

Austin and the surrounding area of Central Texas have a lot of history and historical sites so I took time to assemble a few for you to consider. Continue reading

“Messenger of the Alamo” historical home

William Travis gave her a ring from his family and asked her to carry the story of the Alamo to Sam Houston. Continue reading

Passenger rail in Austin

Mules? Jitneys? What a difference a century makes! Continue reading

They’re doing it again!

While Austin has certainly felt the effects of the recession, I see good news in the TWC data. Admittedly, I am a “glass is half full” kind of guy, but I can’t figure out how to interpret that actual data negatively! Continue reading

What price ranges are selling in Austin?

We all read and hear so much bad news about the national real estate market that keeping a realistic perspective about the Austin/Central Texas area is difficult. The average sale price in December 2009 was about 4% higher than in January 2008, and the median price increased about 2% during that same two-year period. Continue reading

Advice for first-time home buyers

I view my relationship with my clients as primarily consultative. I provide information about neighborhoods, commuting considerations, schools, potential property-related issues before and after inspections, etc. Good third-party advice is always valuable, though … Continue reading

Warren Buffett on housing recovery

Warren Buffet has made a lot of money by being right in his forecasts more often than he has been wrong. Bloomberg News reported yesterday on his recent report to Berkshire Hathaway shareholders. Continue reading

Real market weakness? Maybe …

Two months of consecutive decline is worrisome, and even Austin and Central Texas participated in this weakness. As always, I the movement of the Austin Metro real estate market on my AustinMarketDashboard, and the decline is visible there, as is the usual price weakness that accompanies weak demand. Average home prices in Austin have now been below the long-term trendline for more than a year. Continue reading