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Market News and Trends

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Austin – market to watch in 2012

Austin is ranked #2 in this study of “markets to watch” in 2012 Continue reading

Texas #1 for business

A few days ago the Austin Business Journal noted that Texas has the best business climate in the United States, according to Site Selection magazine. What makes Texas attractive?  Here’s an interesting compilation of reports from the business journals in Austin, San Antonio, Houston, and Dallas: Grow Texas

Hottest jobs in Austin

What fields offer the most abundant employment opportunities in Austin? Continue reading

Austin Market Dashboard – update

Our market absorption rate has dipped over the past couple of months, but this is the fiirst time since 2005 that we have seen this metric bouncing around the long-term average of 21% rather than a much lower level. With continuing uncertainties in the U.S. political and economic scene, and in the world economy, these Winter months may remain a little soft, but if history is an indication then we are poised to enter a new growth phase in the local real estate market. Continue reading

Cash For Keys can be a great solution

I have presented Cash For Keys proposals and consistently found mortgagors happy and relieved to find an alternative to the kind of forced eviction many pictured …. Continue reading

Austin Economy Growing

Austin’s Gross Metropolitan Product grew 6.97% in 2010 — impressive performance, placing Austin 2nd among the 50 largest local economies. Continue reading

Austin vs. Clear Capital Market Report

Clear Capital recently issued its latest report on the residential real estate market in the United States, including lists of the highest and lowest performing major metropolitan areas. Here’s how Austin compares. Continue reading

Texas Homestead — new rules

In case you missed it, the Texas Legislature enacted new rules in this year’s session aimed at making sure that property owners claiming the Homestead Exemption from a portion of their property taxes are legitimately using the home as their primary residence.  That law took effect on September 1, 2011.  If you already own your … Continue reading

Downtown developers show confidence

Investors and developers are considering significant projects in Downtown Austin … a great demonstration of their confidence in Austin’s future. Continue reading

Case-Shiller down, Austin holding its ground

There’s no way to put lipstick on this and improve the national picture. The housing industry is troubled and is likely to remain so for some time to come. But I encourage folks who already own homes in Austin, or plan to, to keep the faith. Our fair city’s performance remains much stronger than national news stories will lead you to believe. Continue reading

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