Home » July 31st, 2010 Entries posted on “July, 2010”

Austin goes the national way in increased inventory for June

On a perusal of the market reports from a number of U.S. housing markets for June, one cannot miss to find the uniform trend of increase in unsold inventory of homes. Over 27 major metros were analyzed by experts in this regard, to find 26 of them showed increase in homes available for sale in [...]

Posted in Housing | Read More »

Why smaller size is the norm for new homes in Austin?

Austin, the capital of Texas is famous for its larger homes in size; in line with the saying “everything is big in Texas”. It seems the trend is changing, following the shrinking housing market in the country as a whole, and for varied reasons including green building norms. U.S. Census Bureau confirms this through the [...]

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Growth of Austin as progressive business center

From the real estate point of view – home buyers as their very first requirement scrutinize the location. This means a lot of things for them – like employment potential; facilities and conveniences nearby; recreation and entertainment venues, as also growth potential for increased value of the property they intend to purchase. It follows therefore, [...]

Posted in Economy,Housing | Read More »

Bank of America faces lawsuit

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Posted in Lending,Media News | Read More »

Why is it that lenders take long time to approve Short Sales?

This question is nagging behind the mind of everyone. In a Short Sale request – the seller is ready (and motivated too for obvious reason of avoiding foreclosure); there is a buyer identified to purchase the concerned property; and also there is the indicated price at which the property, which is otherwise to be listed [...]

Posted in Housing,Short Sales | Read More »

Residents enjoy luxuries at Four Seasons Condos – Austin

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Austin housing market is improving vastly of late. One of the star attractions of Austin is the newly built Four Seasons Residences – a downtown condo development. Statesmen.com has published a news story, which describes the perks and amenities made available in the residential building, by the hotel of the same name – as the [...]

Posted in Housing,Luxury | Read More »

Austin Housing Market Continues to Send Good Signals

Normally, to gauge the health of a particular housing market, reports in local real estate sites are the yard-sticks. On that count, Austin housing market has been sending good signals to investors for home buying – either for flipping or deriving rental income, as also home buyers for personal use. This gets importance as we [...]

Posted in Foreclosures,Housing | Read More »

Latest Austin Real Estate activities are encouraging

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During peak years of the foreclosure crisis, not only in Austin but all over the country, real estate activities – both residential and commercial – came to a standstill, following the psychological fear of erratic market conditions. Austin real estate market is showing signs of rebound of late – where construction plans are revived; apartment [...]

Posted in Commercial,Foreclosures,Housing | Read More »

Austin Foreclosure property sales down in first quarter – Report

Austin, the capital city of Texas, is making steady progress in real estate recovery. For a variety of reasons such as economic stability, job creation, tax-break incentive utilization etc. Texas has been turning out good signs for investors and home buyers, by the increased sales of homes from the open market, for the last few [...]

Posted in Foreclosures,Housing | Read More »

Signs of Austin gaining Ground in Real Estate Market Recovery

Real estate experts say that the predominant reasons causing the aggravated conditions of the housing markets are – unemployment and cash-crunch with lending banks, to tighten up further lending for both residential and commercial property sectors. Austin has been making progress in both the fields. The unemployment problem is easing with more jobs added; new [...]

Posted in Economy,Housing | Read More »