Although not entirely immune to a economic/real estate downturn, Austin, Texas, is at least not languishing in an economic slump like most of the rest of the nation. Austin's foreclosure percentage is relatively low, home sales are down but stable, MLS listings are still selling but at a slower r
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01/23/2009
Although not immune to the "real estate slow-down" epidemic sweeping the U.S., Austin, Tx., continues to trudge along with only a slight headache. It continues to be the bright spot in the state, and is currently ranked as the 6th brightest real estate location in the nation. A relatively-speaki
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12/18/2008
Speaking not only as a long time REALTOR in Austin, Texas, but a homeowner, business owner, and concerned citizen, the $700 billion bailout plan intended to shore up the nation's lenders was a "necessary evil." I was politically opposed to the plan initially, but like a lot of others couldn't see
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11/21/2008
If you like it, and want it , and can afford it, it has never been more affordably priced! The "it" I am referring to is not a new diamond ring or a new car, it's a luxury custom home with a price tag at or exceeding $1,000,000 in Austin, Texas. There are a lot of them for sale, and not too many
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11/06/2008
Accolades continue from a variety of sources for the Austin, Texas metro area, as to the potential for job-seekers, opportunists, and those simply seeking a better way of life/standard of living. * Forbes magazine named Austin the 3rd city on a list of "recession-proof" cities due to its strong h
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11/05/2008
Eldon Rude of Austin MetroStudy gave his third quarter report, "Housing Update and Economic Outlook," last week, and I thought I would share some notes. In general, we have some ongoing challenges in our local market, but there are a number of factors that set us apart from more troubled parts of
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11/05/2008
Hey Mr./Ms. Custom Home Buyer - think you're smart/sophisticated enough to find that super deal on that million dollar home you've always wanted? Don't be so sure............. Although sometimes more sophisticated than your average home buyer, since typically the upper-end luxury home buyer is ol
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10/31/2008
Area Market Statistics Home Sales Stabilize in Austin Area October 20, 2008 - Central Texas home sales remain steady, according to the latest Multiple Listing Service (MLS) report from the Austin Board of REALTORS®. The median price for single family homes in September remained unchanged from one
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10/28/2008
For the 2008-09 fiscal year, Austin, Texas, property tax rate remains lower than other major cities across the state at $0.4012 per $100 property valuation. For the average homeowner, this means a tax bill of approximately $988 a year. The 2008-09 fiscal year tax rate of $0.4012 per $100 of prop
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10/27/2008
The Location: 20 miles west of Austin. The Numbers: Established: 1963 Population: 8,002 from the 2000 census Average age: 41 years Current Median Home Price: $273,100 Who lives there: Families (non-single residences) represent 79.9% of the population, giving Lakeway a higher than average concent
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10/17/2008
