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Monthly Archives: May 2011
More Aggressive Pricing Needed to Move Downtown Austin Condos
Just under half of four condo developments in downtown Austin are sold, according to Shonda Novak of the Austin American-Statesman, in a May 17, 2011, article Just over half are unsold or under contract – which amounts to a large … Continue reading
Downtown Austin needs Retail Space to Grow
Austin and Seattle are both beautiful cities. They’re attractive places to live because of young populations, a tech savvy atmosphere, great universities, active and outdoor lifestyle, and a hip music scene. I’ve lived in both cities – and sunshine is … Continue reading
Mortgage Rates May be Poised to Rise
Prices of commodities, the building blocks for houses, have climbed relentlessly for nearly a year. In March the Federal Reserve said that “many contacts [in Texas and parts of Louisiana and New Mexico] reported higher input prices for fuel, metal, … Continue reading
Will Texas Newcomers Pick up Where Stimulus Left Off?
Median prices of single family homes in Austin rose 1.3% in the first quarter of this year from the year-earlier period, according to the Real Estate Center at Texas A&M (http://www.texasrealestate.com/web/2/25/downloads/TQHR-2011-Q1.pdf). But median house prices fell 5.5% from the third … Continue reading

