Special offer

Austin, TX Real Estate News

By Dee Copeland, Principal Broker
(Copeland Group Realty)
by DeeinAustinTMAustin real estate was poised for a Super Bowl-style win in 2007, but the year proved to be humbling after the mortgage market fumble last summer. SEE THE  8-YEAR AUSTIN REAL ESTATE MARKET PLAY-BY-PLAY (From 1999 to 2007) | View | Upload your own Austin homes sales during the first few quarters in 2007 were selling in under 30-60 days. Buyer confidence was high. The Texas mortgage market tanked in June. The result: many buyers and investors who wanted loans simply could not get them. Loans for new construction, land, stated-income, sub-prime borrowers and low-down payments were at a stand-still for a few months Fall '07.Continue reading "Annual Market Update: Austin Real Estate Winners and Losers 2007"
Comments 0
By Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653)
(Austin Texas Homes, LLC)
 Last week, "Entrepreneur Magazine" released its latest list of Best Places to Buy a House.  Not surprisingly, the Austin metro area placed at the top of the list this time around.  In the article, columnist Danielle Babb (who also co-authored a book on finding foreclosures with my friend Bill Nazur) states,  Round Rock and Austin have seen incredible job growth and very stable home prices despite the downturn nationwide. Jobs continue to grow here--a factor for keeping inventory low and prices stable.Clearly, this is something that I have been preaching to our clients and potential clients for many months, but the pervasive media saturation focused on the national downturn makes our job an uphill climb.Round Rock is located due north of Austin, and Dell's corporate headquarters is loca...
Comments 18
By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
  The market is heating up again in the Austin/Round Rock area. Still one of the top five markets in the US for real property investment, Austin/Round Rock is waiting for you. Austin Texas Real Estate offers some great opportunities for real property investment. For great deal check out the MLS for Austin/Round Rock Texas.Check out these New Homes by builder KB in Austin Texas. If I can help you or your clients please feel free to contact me.4605 Cypress BendPrice:$129,900Stories:1Square Footage:1,314Bedrooms:3Baths:2Garage:1 4607 Cypress BendPrice:$139,900Stories:2Square Footage:1,585Bedrooms:3Baths:2.5Garage:1 4609 Cypress BendPrice:$149,900Stories:2Square Footage:1,698Bedrooms:3Baths:2.5Garage:2  4611 Cypress BendPrice:$159,900Stories:2Square Footage:2,195Bedrooms:3+gmrmBaths:2.5Gara...
Comments 13
By Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653)
(Austin Texas Homes, LLC)
If you are considering relocating to the Austin, Texas area, you may have questions with regard to the medical facilities here.  Basically, no matter where you live in the general Austin area, there is probably a hospital located within 10-15 minutes of your home, especially with the advent of the toll road system which opened about a year ago.   If you have children, it is important to note that Austin is home to Dell Children's Medical Center of Central Texas, which is a world-class facility specializing in pediatric care.  It began as Austin Children's Hospital, then moved to a location near the former Austin Mueller airport and dramatically expanded.  It opened in June 2007.  This hospital is part of the Seton Healthcare Network, and Seton runs a large network of medical centers thr...
Comments 13
By Mark and Tana Hunt, Born and raised in Austin, WE KNOW THIS PLACE!
(Team Price Real Estate/Dan Price Broker)
I just got a phone call from a lady who wants to refinance her home but the title is showing up in her and her ex husbands names.  I explained to her that unless a Deed was done conveying the property from him to her at the time of their divorce that it won't show up under her name solely.  The reason for this is because when you get a divorce and the decree is filed.. it is actually filed in the District Court records and not in the Real Estate Records.  She was stating that her ex husband was not going to sign over a deed to her now.  I  told her what we could do is get a CERTIFIED copy of the Divorce Decree and record it in the Real Estate Records... then once the title was examined it would be just under her name. The same is true with Divorces that occur in other Counties.  Say a c...
Comments 3
By Dayna Twyman
(Realty Austin )
Austin's economic forecast looking up 05:38 PM CST on Thursday, January 24, 2008By JESSICA VESSKVUE News A much anticipated financial forecast from one of Austin's renowned economists is out, and it shows Austin at the top of the national list. The city's economy is on the rise.  The economic growth for Austin started in 1990 when the technology boom hit town. Dell and IBM made Austin home and the construction began. Fast forward to 2008 and the growth is still here. "Austin's market was definitely heating up; everyone was calling it the second Silicon Valley," said Mike Hansen, who recently moved to Austin from California. The 2008-2009 economic predictions were released Thursday morning. Angelos Angelou, a national economist who's often regarded as a chief architect in developing Aust...
Comments 2
By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
   A first time homebuyer might enjoy this bargain at 125,000. How about a Condo. You can be right downtown with great views of the City and right in the middle of the action.                                                                                                                                                                      Lots of choices in the Austin Area, you can be live like a king or build to suit. You can buy and restore.  Beautifuly homes with Character.       YOU Can have your Pick.Examples of Old West Austin Historic District Architecture1853 Pease Mansion/Greek Revival1910 Harris House.jpg1917 Tudor Revival.jpg1920 Medieval Style1920 Batts House/ Spanish Colonial.jpg1923 Stucco Dutch Colonial.jpg1925 Spanish Colonial.jpg1929 Colonial Revival.jpg1932 Brick Colon...
Comments 11
By Angela Ellegan
(Sky Realty)
I know as I write this post that I am not the first, and will not be the last REALTOR to deal with who is going to pick up the tab on the title policy. I think it is fair to have the person that is going to pay for it have the option to chose which title company they would like to use. I have had several agents try to argue that the seller should pay for it, and their client has the right to choose. What is the big deal you ask. Well alot of important thing go on at the title company, and if they fail to do their jobs well thing do not run smoothly. Wondering what your thoughts are on the topic.
Comments 6
By Steve Crossland, Austin TX Real Estate
(Crossland Real Estate)
I've been showing and previewing a lot of property lately - probably more than a hundred homes in the past week. After showing a home and syncing the MLS key each night, the lockbox owners (listing agents) are notified electronically that the lockbox was opened by my key. This normally results in what we call "feedback requests" from other agents. Typically, they will email or call and ask for feedback on the listing.The other day I received a call from someone asking for feedback on a home. I asked if she was the listing agent, and she said "no, this is the owner". She was calling from the card I left inside the property (which I always leave in occupied homes so they know that I have been inside). This is rare, but not unusual. I said simply "I'll be happy to provide feedback to your...
Comments 0
By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
Austin Downtown Condo's opening up. Check out the Bridges on the Park! These condo's could be great investments or a nice home for people who enjoy the downtown lifestyle. Want to be in the middle of the action, the Bridges will take you there. Read more about he Bridges on the Park in this post by the Austin Business Journal http://www.bridgesonthepark.com/_pdf/Bridges_ABJ1.pdf
Comments 3
By Ki Gray, Austin Real Estate
On the eastern edge of the Edward’s plateau lies one of Austin’s greatest treasures: the Barton Creek Greenbelt. After millions of years, the runoff of rainwater carved a canyon into the plateau, and created one of Austin’s treasures. The most popular of Austin’s greenbelts, the Barton Creek greenbelt is just shy of 8 miles long, and covers 809 acres. The greenbelt runs from Zilker Park downtown, to the rocky entrance of Camp Craft Road, just off of the Capital of Texas Highway, with several entrance points in between. Austinites looking for outdoor activities head to the greenbelt every day of the year. There are many nice neighborhoods in the area. The Barton Hills neighborhood is close to the barton creek. And a little farther away the homes in Clarksville offer proximity to Barton C...
Comments 1
By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
        Commercial Real Estate acquisitions and ventures continue to play a key role in the Austin Real Estate Market, Many foresee the added jobs and future growth in coming to the Austin area and want to make their move now. Key center in the picture left is the Frost Bank building which recently sold along with several other properties for more than 1 billion dollars.                       314 E Highland Mall Boulevard Austin, TX 78752 Price: $7,500,000 Building Size: 63,784 SF Space Available: 0 SF - Small tenant mix with staggered lease expirations provides asset stability - Current lease average as much as 22% below current market rates - Ability to reposition asset as market rates con...
Comments 7
By Ki Gray, Austin Real Estate
The Austin real estate stats have been released for November. Although the market is still down from the summer and last year it has shown improvement over the last 3 months. The suburbs are moving slower than central Austin real estate market. And east Austin is moving slower than west Austin. It will be interesting to see what happens in 2008. Part of it will depend on what happens with the national economy. Ki is a realtor and runs a site about Austin real estate which has information about Austin Condos and Austin Homes.
Comments 0
By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
 Investor Report: New "Risk List" Guideby Kenneth R. HarneyA new national "risk list" could help guide real estate investors -- not only those looking to scoop up distressed property through short sales or pre-foreclosure deals with lenders -- but those looking for the safest places to stash their real estate dollars. PMI Group's quarterly risk list, released earlier this week, rates the relative riskiness of owning or buying property in dozens of major markets around the country. PMI, which is one of the largest private mortgage insurance companies, uses the ratings in its own risk underwriting on home loans. The safest markets in the country right now -- where there is less than a one percent chance of price declines in the coming 24 months, according to PMI's risk index? Well, the Lo...
Comments 3
By Shay Hargus Webb
(Austin Avenue Real Estate Company)
Come fly with me on the Hill Country Flyer, Austin's only working steam train. Take a trip back in time as you travel the rails from Cedar Park to Burnet and over Summit Pass and through the idyllic Hill Country.You may meander the aisles, visit the parlour cars or caboose, or stay contently in your seat watching the scenic views of the San Gabriel River Valley's ranches, longhorn cattle, and rivers. The passing scenery is best photographed from the vestibules of the cars. At the front of one car is a bar which serves soft drinks and snacks with a small gift counter. As in the hey-day of rail travel you may choose to ride coach or first-class. First-class passengers ride in climate controlled parlour cars. The train is pulled by the Southern Pacific 786 which dates to 1916 and ran betwe...
Comments 0
By Ki Gray, Austin Real Estate
One of Austin's oldest and most loved neighborhoods in Austin is Hyde Park. Located in Central Austin just north of The University of Texas, Hyde Park is over 100 years old. Founded in 1891 by the Missouri, Kansas, and Texas Land and Town Company, the neighborhood was designed and marketed as a lush and spacious suburb that included its own streetcar line and an artificial lake. Today, Hyde Park is one of the most densely populated areas in the city. Noted for it's beautiful tree lined streets and its unique and diverse population, the neighborhood is marked within the boundaries of 51st and 38th Streets to the north and sound, and Red River and Duval to the east and west. The neighborhood has its own monthly newsletter, The Pecan Press, which is delivered to approximately 2,000 Austin ...
Comments 0
By Ki Gray, Austin Real Estate
As many Austinites relish living a healthy lifestyle, it's no surprise that Farmers' Markets are a hit in the city. The markets bring fresh foods from locally grown areas to those looking for an alternative to the goods found in the neighborhood grocery store. Though many cities don’t have a farmers' market, Austin has had up to five at one time, with the Austin Farmers' Market being one of the most popular. Located both in the center of town, at 4th and Guadalupe, and also north-central in Triangle Park, the Austin Farmers' Market supports local farms, ranches, dairies and nurseries within a 150 mile radius. The central location is open every Saturday and the north location is open Wednesdays year round, rain or shine. The Austin Farmers' Market is a "Grower's Only" market, meaning ven...
Comments 0
By Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653)
(Austin Texas Homes, LLC)
 My nine-year old son has been training for several years in Tukong Moosul, and I wanted to promote this business as a terrific place for kids to learn and exercise.  Specific skills that I have seen improve for my son include balance, strength, and endurance.  Additionally, there is a mental toughness instilled that impresses me.  In addition to this, the teachers that he has had are all "good with kids", especially Master Ali Brown.  Master Ali is young and personable, and the kids always respond well to him.  In fact, we switched to the headquarters school a couple of years ago in order to follow Master Ali.  Grandmaster Wonik Yi (pictured at right) actually developed Tukong Moosul for the South Korean Special Forces in the late 70's, and he runs the school where my son trains today....
Comments 14
By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
 SOCO PROJECT AIMS FOR APRILAUSTIN (Austin American-Statesman) - A new mixed-use development in the downtown area is projected for completion this spring.The SoCo Lofts and Shops will consist of 69 loft-style apartments above 22,000 sf of retail space at the southern corner of East Alpine Road and South Congress Avenue.Symcox Development Co., Tierra Capital LLC and Greystar Development have partnered on the 7.3-acre, $65 million development. The loft apartments are slated for completion in April, while the retail space should be completed in June. Want a closer look at Austin? Join my blog.
Comments 4
By Garreth Wilcock, Sherlock Homes Frisco
(Sherlock Homes Frisco)
After last week's rumors of Countrywide's impending bankruptcy, the latest news is that Bank of America are going to buy Countrywide. The nation's largest lender is being bailed out by BoA, after a $2 billion injection of funds last August.The two together make one in four U.S. mortgage loans, making BoA the largest lender around. Some insiders at BoA said that this will help to stabilize the mortgage market, and increase consumer confidence in availability of credit. On the one hand, the loan market right now is encouraging -BoA are offering 5.375% on a 30 year fixed loan. On the other hand a loan officer told me this morning that 40% of the homebuyers who would have qualified last year will not qualify this year as lending requirements tighten up.How is this impacting real estate in t...
Comments 0
Explore Austin, TX
Austin, TX Real Estate Professionals