The Carvajal Group Blog

Entries from February 2009

Austin May Face Housing Shortage in Future

February 27th, 2009

The Austin economy has done a lot better than the national economy.  The real estate of Austin has done well considering the circumstances and all the bad news. A few real estate experts from Austin though worry about the way the market has reacted in Austin.  A slow down in housing construction has occurred in […]

[Read more →]

Tags: Austin Home Search · Austin Real Estate

‘The Spring’ Condos Frame Almost Finished

February 25th, 2009

The Spring Condominium tower is one of the large buildings that are currently being developed in downtown Austin.  The building is over 4o stories tall and is even expected to top out at over $125 million in cost. The building is located just south of where the downtown Whole Foods Market is. Construction workers are […]

[Read more →]

Tags: Austin condos · Austin Real Estate

360 Retail Space Now on Market

February 25th, 2009

The 360 Condominiums downtown have a first floor dedicated to retail space.  This space is now being put on the market for businesses to purchase,  allowing a prime retail downtown spot near 4th Street and Nueces Street. The condos that are a part of the 360 Condominiums have all but completely been sold,  but the […]

[Read more →]

Tags: Austin condos · Austin Real Estate

Austin Home Sales Down

February 20th, 2009

The home sales for Austin have been down over 30% compared to a year earlier for the month of January.  The month of February will likely be a slow month as well. Although this is bad for sellers,  it is a perfect time for buyers. It is important to remember that with the slow down […]

[Read more →]

Tags: Austin Real Estate · Austin Real Estate Agent

Obama’s Plan Aims to Help 9 Million Home Owners

February 18th, 2009

Today President Barack Obama announced his plan to help over 9 million home owners that are suffering with payment of mortgages and falling home prices. The plan is offering several different solutions that hope to address the housing crisis. The plan will provide incentive for many lenders to refinance current loans.  It hopes that this […]

[Read more →]

Tags: Austin Real Estate · Austin Real Estate Agent