Existing-Home Sales Rise in March 2011
RISMEDIA, April 21, 2011—Sales of existing-home sales rose in March 2011, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of REALTORS®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased […]Continue Reading →
The Chamber’s monthly Economic Indicators report on the Central Texas region chronicles economic activity on a monthly or quarterly basis. For this overview including links to downloadable data files please visit the Economic Indicators page within the Business section.
Central Texas Economy in Perspective April 5, 2011 edition
Austin’s existing home sales […]Continue Reading →
Investor activity has been on the increase. Low rates and favorable terms on some foreclosures present one of the best opportunities for investors in recent years. Many of the leading predictors see Austin as one of the top spots for real estate investment. I’m sticking with my prediction that buying a FNMA foreclosure is […]Continue Reading →
Summary of All Areas January-11 Median Average Jan 2011 Jan 2010 % Change Jan 2011 Jan 2010 % Change List Price $193,761 $179,000 + 8.2% $256,730 $244,185 + 5.1% Sold Price $186,000 $175,000 + 6.3% $245,154 $233,052 + 5.2% Square Feet 1,969 1,896 + 3.8% 2,143 2,068 + 3.6% LP/SF $101 $100 + 1.3% $117 […]Continue Reading →
The United States will experience moderate to strong growth in 2011. Unlike in other major economies, consumer activity comprises the bulk of the U.S. system — some $10 trillion of the $14 trillion total. That $10 trillion is approximately half of the global consumer market. (The combined BRIC states — Brazil, Russia, India and China […]Continue Reading →