Home » October 30th, 2010 Entries posted on “October, 2010”

Home sales fall but median prices increase in Central Tax

Austin home market belongs to that of Central Texas being the capital of Texas State. We have been hearing more of encouraging news about Texas as a whole – Austin area in particular – with regard to residential real estate statistics, with facts and figures pointing out towards the direction of faster recovery from the [...]

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Foreclosure filings drop in Austin area – what is the reason?

Market watchers like Foreclosure Listing Service Inc. are not sure about the exact reason behind the drop in foreclosure auctions, scheduled for November 2 in Austin area. As per their latest analysis, the number of properties on which the foreclosure process has already commenced and brought from the first stage of issue of Notice of [...]

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Texas Attorney General’s action receives mixed responses

The action of the Texas Attorney General in issuing a letter to about 30 mortgage lending companies, which includes big names like Bank of America; J.P. Morgan Chase; Wells Fargo; GMAC etc., has created a flutter in the housing markets in Texas, including Austin. It would be worthwhile to know what prompted him to take [...]

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How Austin is favorable for distressed home owners to come out of their troubles?

Undergoing the foreclosure disaster is a painful experience for home owners. Losing a home they bought with their hard-earned money, with so many dreams and desires of a peaceful life there – is really unfortunate. But what to do? The U.S. housing markets are reeling under such hardest times ever in the history. Only keeping [...]

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Mortgage Mess

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Home sales not brisk as they were in Austin during tax-credit period

The first-time home buyers came out of their shell of confusion and inactivity and hastened not to lose the federal tax-credit incentives offered to them – which will not be available to them otherwise. Of course the intention to buy a home emerges out of need – relocation; inadequacy of space for all the family [...]

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Foreclosure activity in Austin spurts in August but still better nationally

While viewing the overall foreclosure activity in the country, it continues to cause worries, particularly in a downturn economy. If the country has to come out successful from the present woes, it has miles to go before that and gear up the economy in every way, to get back on the saddle. Experts are of [...]

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High-end condos in Austin downtown are selling fast

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While we are hearing housing markets in the country turning out reports of market trends pulling in diverse directions, Austin home market is solid in sending encouraging news. Here is one more – the downtown Austin condo market defies the downturn and in the prestigious condo complexes, homes are filling up fast by their owners. [...]

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Austin gets another feather in its cap from real estate perspective

Those who are watching market reports keenly would not have failed to see the innumerable titles of excellence, the capital of Texas State has been conferred with. In a gloomy real estate market situation prevailing across the country, it is heartening that Texas State in general and Austin-Round Rock area in particular receives certifications from [...]

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Austin home sales down but prices up in August

Austin housing market has been standing out of the crowd, amidst the ongoing gloom by turning out reports of a steady market over the last several months. Market watchers say Texas is the State leading others in faster recovery from the hard-days, because the signs are good – adding up of jobs in various fields [...]

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