Austin Real Estate

New Texas Laws Regarding Property Appraisals to Take Effect Jan 1, 2010

December 29, 2009

There are two new Texas bills that will become law on January 1, 2010, that could affect property owners in certain counties including Travis county in Austin. House Bill 3612 concerns the appeal of property appraisals in several Texas counties, including Travis. This bill is for properties that appraise for over $1M, and offers property [...]

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Recent Sales Data for Downtown Austin Real Estate

December 9, 2009

Downtown Austin Real Estate – November 2009 Sales Report The following sales data for Downtown Austin real estate includes condos that sold between November 1, 2009 and November 30, 2009. Data was taken from Austin MLS Area DT. Note that the recent sales data below is solely for Downtown Austin condos. Keep in mind that [...]

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Recent Sales Data for Central Austin Real Estate

December 9, 2009

Central Austin Real Estate – November 2009 Sales Report The following sales data for Central Austin real estate includes properties that sold between November 1, 2009 and November 30, 2009. Data was taken from Austin MLS Areas 1B and 4. The data below is just for single family homes in Central Austin. Keep in mind [...]

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Beige Book Data Shows Signs of Economic Improvement

December 2, 2009

Today the Federal Reserve Bank released the latest Beige Book data, and it showed signs of economic improvement in 8 of the 12 Fed Bank areas, led in part by residential housing. While we don’t have a Fed Bank located in Austin that reports on our local economy, we can extract some overall market data from the [...]

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Colorado Crossing in South East Austin

December 1, 2009

What is Colorado Crossing? Colorado Crossing is a quiet community of homes conveniently located in South East Austin. It provides close access to Hwy 183 and Hwy 71 and is just minutes from McKinney Falls State Park & Richard Moya Park and is only ten minutes from Downtown Austin. Colorado Crossing has a home owners [...]

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Austin Home Sales Increased 38 Percent in October

November 19, 2009

According to the Austin Board of Realtors (ABOR), the number of home sales in Austin shot up 38% this October when compared to last October. Austin Homes Sold In October 2009, there were 1,823 homes sold, which represents a 38 percent increase from the 1,322 homes sold in October 2008. They stated that the median [...]

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Tax Credit Extended For Home Buyers

November 6, 2009

It’s been all over the news & now it is finally OFFICIAL! The tax credit for first-time homebuyers (FTHBs) has been extended into the first half of 2010. The program extends the tax credit that was set to expire on November 30, 2009 and it also goes further to include current homeowners. The extension also [...]

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