Real Estate Analysis
Austin Real Estate Stats Feb 2009
With all that is happening in our economy lately here is a recap of how it is affecting the Real Estate Market.
So what happened in the Austin real estate market in February? For a recap, the Austin market first slowed down in around August 2007 due to the national subprime issues. The market held steady [...]
Foreclosures spike, but experts say lenders are willing to negotiate…
Properties are mostly houses, but Chinatown Center among postings.
By Shonda Novak
AMERICAN-STATESMAN STAFF
Saturday, February 14, 2009
Foreclosure postings in Central Texas spiked in March, but experts say they don’t think those levels will continue throughout 2009.
Foreclosure Listing Service Inc. said the 551 postings filed in Travis County for the March 3 auction were up [...]
What To Do Now, 2009
I have been burdened over the Holidays. Many concerned Investors have called seeking real estate advise for 2009. I find myself stuttering and sputtering for meaningful reply. What is sound advise today to properly inform and guide Real Estate Investors into 2009? I don’t have a magic potion but if I did, I would drink [...]
How Do These Disasterous Times Affect Real Estate?
Opinions from a 30 Year Veteran…
As the events on Wall Street continue to unfold in the days and weeks ahead, a reality check in your personal real estate business is advised. How do we make sense of the panic and fallout in the financial world? What effects will it have locally on main street? What [...]
Austin Real Estate Analysis
While the disturbing news of the national real estate market continues, our home town Austin, though not invincible, appears to be holding it’s own.
Low tide effects everyone, statistics vary. The national average time on the market for single family is a whopping 10 months. Nationally prices have dipped by +/-5%.
According to sources locally, Austin has [...]
