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
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
Having worked short sales, representing buyers and sellers over the past several years, I’ll believe it when I see it. Continue reading
MLS data shows a total of 1,870 foreclosures sold and closed through November — less than 1/3 the “corrected” number of postings reported today. With only 300 on the market today, where are the other 4,000? Continue reading
Within a local market, there can be a wide variety of conditions from one area or subdivision to another. Today, I focus on four neighborhoods in the city of Austin (not suburban cities and towns) where homes sell for roughly +/- 10% of our median price. Continue reading
More of the same about Austin foreclosures …. Continue reading
… in the two worst years in recent history we had nothing even remotely like 14,000 foreclosure sales.
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