Get a fresh start in Austin!
Thanks for coming back! Hope you’re finding value here. Please feel free to request an appointment to discuss your residential real estate needs, or to see homes. I’m committed to your success! Austin is the best city to get a fresh start, according to Relocation.com (via Austin Business Journal). Austin’s at the top of a list [...]
Austin residential market update
Market activity is picking up – with interest rates still below 5%, with teh $8,000 first time home buyer tax credit, and with the decline in the number of homes available – our local market appears to be in balance. That’s a very good thing – that means buyers can buy and sellers can sell [...]
New Rules…
Cars and trucks will soon be getting 10 mpg better mileage largely due to new technology coming online such as direct fuel injection and computer controlled transmissions. There will be more hybrids and lighter weight vehicles in more compact versions, costing an average of $1300 more. They claim it will only take three [...]
Galleria’s Chapter 11
The Hill Country Galleria in Bee Cave filed for Chapter 11 bankruptcy protection ahead of foreclosure earlier this week, so it’s not going away. The Galleria is a huge beautiful new outdoor mall similar to The Domain in North Austin. Go see for yourself – it has a state of the art movie theater, book [...]
Housing market boosts stock market
The S&P 500 had a 3.4 percent surge Monday, erasing the last of its 2009 losses, and the Dow was up more than 200 points. Leading the recovery: A double dose of good housing news ignited the advance: Pending U.S. home sales rose more than forecast and had their second straight monthly gain, while construction spending [...]
Do rising appraisals reflect the current market?
The Austin American-Statesman reports that average Travis County home appraisals rose an average 3.8% this year – still an increase, but the smallest in five years. How real is this? Reporters asked local real estate consultant Charles Heimsath, who noted that appraisals are based on the previous year’s sales, and in 2008 most sales occurred [...]




