As pleased as I am to be in our relatively healthy local economic environment, we must never forget that in many ways we are all in this together! We still need a national surge in private sector employment. That’s the keystone for all of us.
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December 2009 — almost 10% month-to-month increase in average home sale prices. Does last year’s tax credit program explain it? Continue reading
We continue to add employers and employees, and to see investments in the future of our community. Our growth is undoubtedly constrained by the difficulty selling homes in other parts of the country, keeping people and companies from moving here that might otherwise choose to do so. Nonetheless, “cautious optimism” remains a good bet in the Austin area. Continue reading
It seems that I have been talking and blogging forever about the difference between the Austin/Central Texas experience during this recession and the way the recession has impacted other communities. Continue reading
Employers and investors continue sending encouraging signals about Austin. Continue reading
“Good deal” means a lot of things to a lot of people. Let’s talk about what it means to you and developing a home search strategy to meets your needs. It may well include foreclosures, but a focus on them? Probably not.
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Where one investor falters, another sees opportunity. That’s the way the business world is supposed to work. We see it in action now in Austin, and I hope we’ll allow the local market to function naturally — win or lose. I believe we’ll win because I have confidence in Austin. Continue reading
Sure, bad news sells newspapers, but come on guys … get a grip. Don’t go out of your way to talk down the local economy! Continue reading
Interest rates will almost certainly increase next Spring, at the same time that tax incentives expire and seasonal price increases begin. Very significant, given new debt-to-income requirements. Continue reading
Austin/Central Texas remains one of the strongest home markets in the United States, and conditions are right to make buying a home here in the next three to six months a great decision. Continue reading