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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
“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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The value of residential real estate is determined by the market in a specific location at a specific point in time and based on the condition of the specific property. The only way to get a current, professional market analysis is from a full-time real estate professional who does this every day.
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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
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
As we all sit down for a Thanksgiving feast on Thursday, we should be thankful for being here — mild climate, progressive culture, healthy economy, and the grand variety of the Central Texas environment! Continue reading
More of the same about Austin foreclosures …. Continue reading
Bill Morris on Austin Real Estate 