Many believe that for recovery to occur in the housing market, it must begin at other sectors of the economy. In particular, many believe that once the job market becomes more stable and more jobs available, an increase in the prices and value of real estate should occur. An improvement in the job market will [...]
Entries from August 2009
Job Market Important to Improve Real Estate Market
August 24th, 2009 · No Comments
Tags: Austin Home Search · Austin homes
Homebuilder Confidence Rises in U.S.
August 19th, 2009 · No Comments
Confidence among U.S. homebuilders has rose to a first time high for the year, following a decline that has started in 2006. Many believe that the lower prices of the market and government tax credits have been important in increasing U.S. homebuilder confidence. Although the confidence of the homebuilders is not extremely positive, any improvement [...]
Tags: Austin Home Search · Austin homes
Foreclosures in Central Texas Top 10,000
August 17th, 2009 · No Comments
Foreclosures in Central Texas have reached a landmark of over 10,000 filings since the start of 2009. Nearly 9,000 foreclosures were filled out for all of 2008. In 9 months, the number has been surpassed and will likely be much higher than last year. Averaging over 1,000 filings a month, the number of foreclosures will [...]
Tags: Austin homes · Austin Real Estate
Texas Homes Doing Better than National Average
August 14th, 2009 · No Comments
The Texas housing market is doing a lot better than the national housing market. Many real estate experts are excited about the trends that are beginning to take place, and believe they offer hope for the future of the housing market. Home sales have been mostly flat in Texas. This normally does not seem like [...]
Tags: Austin Home Search · Austin homes
Plano Man Sentenced for Real Estate Fraud
August 14th, 2009 · No Comments
A man from Plano has been sentenced to 46 years in prison for carrying out a real estate scam. The man made an estimated $1.7 million dollars off of the fraud. The man scammed investors who believed they were purchasing land on the Pacific coastline of Mexico. The man did not use investors money for [...]
Tags: Austin Home Search · Austin homes