“Reality” real estate
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! As you might have guessed, those “reality shows” about real estate on channels like HGTV are not particularly real. Given that, is there something [...]
Austin: best performing city in 2009
According to the Austin Business Journal, the Austin-Round Rock area was named best performing city on the 2009 Milken Institute/Greenstreet Real Estate Partners Best Performing Cities Index. This is based on Austin’s ability to create and sustain jobs, considering metrics for employment, salary growth and technology output. “Texas’ strong position in our best performing cities [...]
Noelle Knox, AP Real Estate Editor
From the Coldwell Banker channel on Youtube:
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 [...]
Fannie Mae and Freddie Mac shares down
The way I understand it, the Fannie Mae/Freddie Mac decline would cripple the housing industry if left to flounder on its own. 40% loss in share value in three days – OMG! If banks and credit unions are the only lenders left standing after the air clears – interest rates will be much higher, and [...]
Looking Ahead
Hotel Going Green. Westin plans a 300 room hotel downtown on 3rd & Colorado. Lake/Flato Architects from San Antonio whose work includes the San Jose Hotel and the Harry Ranson Center were chosen for the project. The hotel will incorporate energy saving features & use local & recycled materials in an effort to achieve a national [...]




