Austin residential market update

Posted on May 21, 2009
Filed Under Austin, Economy, Real Estate | Leave a Comment

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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 without the anxiety and pressure that comes with a one-sided market. Area-wide, homes are selling within a six month time frame. In actuality, homes priced belwo $200,000 are beginning to see multiple offers again. See today’s Statesman article about the Austin home market, or call me for specific information on your home.

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  If you're thinking of buying or selling real estate in Austin, Texas, contact Marsha Lebkowsky. Marsha is an experienced Austin Realtor®, with over fifteen years dedicated to the Austin Real Estate market. She's especially knowledgeable of south and southwest Austin.
  

  

  
  

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• From Realty Times

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    While the National Association of Home Builders has a number of resources to help its members comply with the new lead paint rule, the deadline is looming for remodelers and builders who do renovation or remodeling projects in homes built before 1978 to comply with the Lead: Renovation, Repair and Painting rule from the Environmental Protection Agency (EPA). […]
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    The annual homeowner meeting convenes. The president announces that the floor is open for nominations. A fellow homeowners say to you, "You know, you would make a good board member." Before you have a chance to reply, some body movement indicates that you are willing, ready and able to serve. […]
  • More Time to File Form 1040 March 17, 2010
    For most people, this year's deadline for filing Form 1040 is Thursday, April 15. Miss the deadline and you could get slapped with a substantial, nondeductible penalty. […]
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