Home » December 24th, 2011 Entries posted on “December, 2011”

Austin housing market update

With Christmas so close here is short list of what has happened n the Austin real estate market since last week: – according to the Austin Business Journal, U.S. Nail & Spa renewed its 1,020 square foot lease at the Shops at Avery Ranch, Phase I located at 10510 W. Parmer Lane. The landlord was [...]

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Austin apartments purchased by four real estate firms

Research Pointe Apartments located in Northwest Austin now belongs to Barton Creek Capital, Firmus Equity Partners and two other real estate companies, as they joined financial forces to purchase the apartment complex. The property was under a Californian family ownership, which recently sold the real estate to entities based in Dallas and California. Firmus and [...]

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Austin foreclosure rate is rising

Austin’s residential foreclosure activity shows a slight rise in September to 1.08%, according to recent data supplied from CoreLogic. The same report highlights that the outstanding mortgage foreclosure rate rose 0.03% compared to September a year ago, when the foreclosure rate was 1.05%. Furthermore, the serious mortgage delinquency rate dropped in September to 3.13% from [...]

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The Palms of North Lamar will open its doors in Austin

A new 21-building, 476-unit affordable housing project will open its doors soon in Austin. The $35 million project located at 8602 North Lamar Blvd. is developed by the Mulholland Group LLC, and financed in part by the largest tax credit awarded by the American Recovery and Investment Act in Texas for 2010 the Austin Business [...]

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