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
The challenge is growing without sacrificing Austin’s wonderfully unique culture and lifestyle. There are a lot of people here who think we already missed that boat, but I think we’ve done pretty well, as evidenced by the fact that these young, leading edge firms continue to find the area attractive.
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Austin and Central Texas remain in a very strong position, not only to weather the continuing national economic storm, but to attract new growth and jobs and investment even as the rest of the country works through a very difficult recovery. Continue reading
Even with sales soft, however, Austin area prices have held their own, and continued to increase slowly in some important market segments. Continue reading
“We are far from retreating, given all of the uncertainty we’ve had to face we are now empowering a movement from mindless to mindful consumption.”
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Three more articles appeared today that demonstrate that developers and employers recognize the strength of the Central Texas economy and are making tangible bets on the future. Continue reading
NOW, we have tax incentives and very low interest rates and seasonally low home prices. LATER, tax incentives will expire (contracts after April 30) and interest rates and home prices are likely to increase. Continue reading
Austin’s real estate market remains a significant bright spot among many U.S. metro areas that continue to struggle. I trust this recap will be informative, and helpful as you consider the current market position of your Central Texas home, or your plans to purchase a home. Continue reading
I’ve written so much lately about growth and opportunity in Austin-proper, I want to share that the entire area is getting a lot of positive attention. More to come as the year goes on …. Continue reading
December 2009 — almost 10% month-to-month increase in average home sale prices. Does last year’s tax credit program explain it? Continue reading