A couple of excerpts from todays TAMU RECON publication:
AUSTIN HOME SALES UP 16 PERCENT
AUSTIN (Austin Board of Realtors) – Sales of existing single-family homes in the Capital City were up 16 percent last month from a year ago, reports the Austin Board of Realtors (ABoR).
According to MLS data released today by ABoR, […]Continue Reading →
The Austin Real Estate market is showing positive signs in 2012. Mild weather, an improving local job market, and rising rental rates are increasing demand for good inventory, which in turn is quickly being depleted. Affordability is excellent with interest rates at all-time […]Continue Reading →
The Austin Business Journal has had two great articles about Jobs over the last two days.
Austin Business Journal
Austin is among 13 of the nation’s 100 biggest labor markets to have regained all of the jobs that were lost during the recession.
The Capital City is […]Continue Reading →
Another weird week in the global markets. Whew I’m not going to comment on that since I don’t have any real answers to the many questions. On the other hand, may be shaping up to be a very good time to invest in real estate. Rents continue to be high for detached single family homes […]Continue Reading →
We rock on and so does our local real estate market. While I wouldn’t call it great guns, it is steady in many neighborhoods. Average prices seem to have come down a tad, although there are a number of special locations that out perform all others at every turn. As an example those areas […]Continue Reading →
CORPUS CHRISTI (Corpus Christi Caller-Times) – The South Texas job market is faring better than the rest of the country, according to Ted C. Jones, chief economist and senior vice president of Stewart Title Guaranty Co.
Jones said data from the National Association of Realtors and the U.S. Bureau of Labor Statistics indicate that the number of […]Continue Reading →
This week market conditions in the central Texas area remain relatively unchanged fropm the prior week. Most properties are located in a pretty heavy sided buyers market, while downtown and first ring neighborhoods in particular continue to improve for sellers. Thus far, the fact is that the Austin real estate market has fared as well or better […]Continue Reading →
PORT OF CORPUS TO EXTEND SHIP CHANNEL
CORPUS CHRISTI (Corpus Christi Caller-Times) – After more than a decade of planning and looking for funding, the Port of Corpus Christi can now extend the ship channel to an area proposed for the La Quinta trade gateway.
The project received $58.5 million […]Continue Reading →
AUSTIN (Texas Association of Realtors) – According to the Texas Quarterly Housing Report released yesterday by the Texas Association of Realtors (TAR), Texas homes maintained their value in first quarter 2011. This despite a decrease in sales volume, indicating that economic recovery continues in Texas.
“While Texas has […]Continue Reading →
For years, efforts have been made to jump-start harbor development. Last February, the city council approved a 25-year lease for the boathouse.
Developer Grant […]Continue Reading →