Home » November 26th, 2011 Entries posted on “November, 2011”

Austin home prices on their way to recovery

Austin metro area home prices recorded a 2.3% drop in the past year, but a 0.3% rise is expected by the summer of next year, the Fiserv Inc.’s Case Shiller Home Price Index reported. The report underscores Austin home prices are on their way to recovery, as a 0.6% rise is projected between the second [...]

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Fox Hill Apartments sold to Waterton Residential

Waterton Residential is now the owner of Fox Hill Apartments located in Southwest Austin. The apartment complex consists of 13 buildings, and counts a total of 288 Class A units, located at 8800 US Highway 290. Waterton purchased the apartment complex from Magill Development, closing the deal on Oct. 28, using its Waterton Residential Property [...]

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Austin company acquires 3 high-profile buildings

The new owner of the La Zona building, as well as buildings housing Spaghetti Warehouse and Katz’s Deli is World Class Group, led by President and CEO Nate Paul. The company specializes in acquiring undervalued real estate assets. The Travis Central Appraisal District values the property at $2.2 million. According to public information, 15,200 square-feet [...]

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Austin foreclosures on the rise

CoreLogic released its latest report which shows Austin-foreclosure rates on the rise for the month of August over the same period last year. The report underscored that Austin-area foreclosures on seriously delinquent loans stood at 1.11%, an increase of 0.06% compared to August last year when the rate was 1.05%. Although the report shows an [...]

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