Austin single-family homes rose 9% last month compared to June 2010. The numbers show a total of 2,145 single-family home sale transactions, according to the Multiple Listing Service (MLS) report released last week by the Austin Board of REALTORS®. The same report highlights the median price for Austin-area homes: the amount paid was $205,000, just [...]
Central Texas home starts is at a turning point, voices say. Metrostudy issued its latest report where it states that in Q2 1,794 homes were built, up 36% from the first quarter, and almost the same as a year ago, when a government incentive was live to boost the housing market. Another housing research firm, [...]
Senator Craig Estes and Texas Attorney General teamed up protect Texas homeowner from foreclosure rescue scam and they are planning to do that by a legislative proposal named Foreclosure Rescue Fraud Prevention Act. This initiative enhances the Attorney General’s enforcement authority, provide new protections for distressed homeowners and places new restrictions on foreclosure prevention consultants. [...]
August seems like a quiet month in the Texas area with Dallas, San Antonio and now Austin foreclosure postings declining. For the upcoming Aug. 2 residential auctions in the area fell below 1,100 for the fourth month in a row, Foreclosure Listing Service Inc. reported. Postings either declined or remained the same for the past [...]
State Rep. La Shawn K. Ford took the initiative to form a Foreclosure Prevention Task Force that will include HUD approved housing counseling agencies serving the Austin and West Cook County communities. The collaborating agencies will be: Bethel New Life, West Cook County Housing Resource Center, Voice of Community Ministerial Association, Proviso Leyden Council for [...]
Austin foreclosure filings have jumped a significant 27% in May. A total of 817 homes in the Austin-Round Rock region entered the foreclosure process during May, RealtyTrac reported on Thursday. This number represents about one in every 820 homes which is higher than the statewide one in every 1,074 properties rate. According to RealtyTrac’s report, [...]
Texas recorded a total of 66,783 foreclosure homes till the end of April 2011 according to RealtyTrac’s recent statistics.Although this sounds like a huge number is still less than year prior. Looking at the foreclosure market, the stats show a higher percentage of auctioned homes, reaching 56% out of the total, while bank repossessions fell [...]
While the first quarter of 2010 meant 883 foreclosure sales in Austin, this year seems like the housing market shows strong signs of recovery. According to RealtyTrac’s recent report Austin recorded only 579 foreclosed home sales during the first three months of 2010, accounting only 11% of all homes sales. The report highlights the price [...]
According to a new report only 5% of Austin area homeowners believes the residential real estate industry has recovered. This is the same percentage as last year, the report suggests. Trulia and RealtyTrac released these days the result of an ongoing survey tracking the attitude of the Americans regarding the housing industry. The report shows [...]
Austin foreclosure filings are down almost 43% year-over-year in April, RealtyTrac reported two days ago. The online foreclosure listing service reported a total 644 homes entering the foreclosure process – default notices, scheduled auctions and bank repos – in April, which is a 14% decline since March. The total represents about one in every 1,040 [...]
