The Austin area housing market saw the number of foreclosures rise slightly for the month of August when compared to August of 2010, according to CoreLogic Inc. The number of foreclosures in Austin with mortgage loans that were outstanding was 1.1 percent, which was a slight increase of 0.06 perc
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11/01/2011
The housing market for the Austin area saw growth for the month of September. There were more than 1,600 homes sold during September in the Austin area, which is a 31 percent increase when compared to the same time period last year, according to the Austin Board of Realtors. Not only was the numb
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10/27/2011
A check for $725,000 was presented to the Austin Community Foundation on Oct. 20 by University of Texas President Bill Powers. The money earned will be used to help area residents impacted by the September wildfires. It was estimated that there was $250 million in damage and losses as a result of
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10/25/2011
The number of mortgage defaults for the third quarter of 2011 were up according to a recent report released by RealtyTrac Inc. With more and more Americans entering the foreclosure process, it leaves us wondering where the housing market is headed. The number of homeowners receiving a first-time
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10/20/2011
There is good news for the Austin housing market and signs it could be starting to slightly recover. New home starts in Central Texas were up 27 percent for the third quarter of this year when compared to this same period of time in 2010. The yearly home starts pace has improved for the first tim
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10/18/2011
For the second consecutive month, contracts to buy homes across the nation fell, according to the National Association of Realtors. The index of sales agreements fell 1.2 percent in August to a reading of 88.6. A reading of 100 is typically what is seen during a healthy housing market. The last t
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10/13/2011
Home prices in the Austin area increased by 1.6 percent for the month of August when compared to the month of August last year, according to data released by CoreLogic’s Home Price Index.CoreLogic’s Home Price Index also factors in distressed properties. When not figuring in distressed assets, ho
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10/11/2011
Home sales in the Austin area were up for the month of August. The number of single-family homes sold in Austin rose by 33 percent in August of this year compared to August of last year according to the Austin Board of Realtors. 1,978 homes were sold in August in Austin, and the median sale price
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10/06/2011
More and more homeowners in the Austin area and across the country are choosing to remodel their homes during this stale housing market. Those choosing to remodel their homes reached an all-time high in July of this year. In fact, this is the highest number we have seen when it comes to renovatin
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10/04/2011
Williamson County residents will be happy to know that County Commissioners recently voted to decrease the property tax rate by approximately 0.002312 per $100 in assessed value. The decrease will make the 2011–12 adopted tax rate 0.487687 per $100 in assessed value. The decrease in the property
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09/29/2011