The Carvajal Group Blog

Entries from August 2008

Austin Housing Market Expected to Recover Faster than the Rest of the Nation

August 25th, 2008

Mark Dotzour, the chief economist at Texas A&M University’s Real Estate Center, has stated that Austin is likely to outperform the rest of the nation in the coming year in terms of job growth and the stability of the housing market. Between now and August of 2009, it is estimated that Austin will add 8,500 […]

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Tags: Austin businesses · Austin Home Search · Austin Real Estate · Austin real estate sale · Buying homes in Austin

One of Nation’s Largest Real Estate Buys is in Austin

August 21st, 2008

San Francisco-based real estate company Spear recently announced their decision to buy Riata, a local office park, from Equity Office, a subsidiary of the Blackstone Group, and JP Morgan. The property covers 1.1 million square feet. The price these companies agreed on has not been officially released yet, but it is estimated to be at […]

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Tags: Austin businesses · Austin Home Search · Austin Real Estate · Austin Real Estate Agent · Austin real estate sale

Austin’s Biggest Real Estate Trend: Downtown Condos

August 14th, 2008

New lofts and condominiums are springing up all over downtown Austin, a trend that has caught the eyes of realtors and economists as well as people looking for a new home. It is speculated that this trend is being supported by a related trend: the growing popularity of a “pedestrian” mindset. As people become increasingly […]

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Tags: Austin condos · Austin Home Search · Austin lofts · Austin Real Estate · Austin Real Estate Agent

Austin has the Lowest Property Turnover Rate in the Country

August 5th, 2008

Across the nation the housing market has witnessed an overall decline in home values.  According to researchers, for sale prices have dropped by 0.8% this month and by 1.7% over the past three months.  Most of the pain is felt in the coastal markets, particularly in Florida, where the average property turnover rate is the […]

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Tags: Austin Home Search · Austin Real Estate · Austin Real Estate Agent · Austin Rental Property · Buying homes in Austin