Austin Texas Real Estate

As an Austin Realtor, I try and stay up to date with all of the news and information regarding economic developments that will affect Austin real estate values. Over the last couple of years, there have been many rumors regarding several large companies relocating to Austin and several large scale commercial developments that would help bring ...

Does working with my existing bank make the loan process smoother? I've often had clients ask that same question over and over and my answer is always the same, No. Having worked with just about every single bank, I can tell you that if you think that you are going to get preferential treatment from your bank because you have an existing ...

To promote the expected growth from the upcoming Pearson Place at Avery Ranch subdivision, Round Rock ISD recently purchased a tract of land adjacent to the new development by Waterstone Development. RRISD plans to open three new schools in the Avery Ranch area over the next ten years. Elementary School First The RRISD plans include a new ...

With the First-Time Home Buyer Tax Credit deadline quickly approaching, the Internal Revenue Service recently reminded potential home buyers they must complete their first-time home purchases before Dec. 1, 2009 to qualify for the special first-time home buyer credit. The American Recovery and Reinvestment Act extended the tax credit, which has ...

Much like the successful Cash for Clunkers campaign that spurred automotive sales, the $8000 federal tax credit has pulled buyers off the fence and given them an incentive to purchase a home. This is good news not only for buyers, but for sellers. Typically after the summer months, you see a sharp decline in home sales and listings, but ...

Entrepreneur magazine’s August issue ranks Austin the tenth-best start-up city in America. The magazine’s look at new business-friendly cities addresses issues such as government incentives, population growth, affordability of commercial rents, and openness to new ideas. Entrepreneur calls Austin the “cross-pollinator” ...

More good news for the Austin area. Residential foreclosures for the Aug. 4 auction are at a five-month low in Central Texas, reflecting a trend in other parts of Texas, according to data from Foreclosure Listing Service Inc. “The tide may have changed,” said George Roddy Sr., president of Foreclosure Listing Service, who said the ...

This month's newsletter was the easiest to write in quite some time. It seems as though the press just can't stop saying enough good things about Austin. Take a look at some of these amazing headlines from some very reputable news sources: Forbes: Austin is nation's best bargain city Austin only major city to gain jobs in last 12 ...

This is some information that was provided to me by one of Austin's top mortgage brokers:As you may have noticed, interest rates on 30-yr fixed mortgages have really shot up over the last few days.  We have gone from 4.5% with 1 point on Thursday morning of last week, to 5.25% as of late this afternoon (Wednesday, May 27)! I have never ...

Many people I talk to are feeling a bit more optimistic these days.  Even President Obama believes the economy is showing 'glimmers of hope.'  In Austin, we are by no means immune to the economic crisis, but we feel very fortunate that our local economy has remained relatively strong in spite of the challenges we've faced as ...