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The offer of Uncle Sam to grant 1st-time home buyers an $8,000 credit on their federal taxes expires in just over 2 months! If you are thinking about buying your first home (or have not owned one in 3 years), this may be a good time for you to buy. Interest rates are still low, and prices in Austin have not started to move upward yet. Home ...
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If you are looking for a home that is close to Austin, but far enough away to give you that country feel, you might like the newish Garlic Creek subdivision. Located just west of Buda on FM-967, Garlic Creek has good access to Austin and other points north, to San Marcos and San Antonio and other points south via IH-35. Residents can also get to ...
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The program hosts and guests on the CNBC network know a lot about the financial world. I often watch some of the shows to see what is happening and to see what I can learn. The terms they use show me how little I know! However, when the Dow is headed up, I know that is in the right direction. If it is going down, I understand what that ...
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In an earlier blog, I discussed the cyclical nature of the Austin Texas real estate market. When viewed over a several-year period, the market cycles are predictable in many ways. What cannot be foreseen from the historical data is what will happen in the future—what the highs and lows of the market will be.
Just a year or so ago, homes in ...
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Do you wonder what the typical cycle of business activity in Austin real estate looks like? The graph below, published by the Austin Board of Realtors® in a February 2009 report, shows that listing and sales activity follows a pretty repeatable pattern every year. What varies the most is the height and depth of the cycles. (Based on ...
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Among the things that make this potentially a good time to buy a home are historically low interest rates (I received an email quote from a loan originator today for 4.5% for a 30-year loan!) and lower than normal home prices. Most of the Austin area real estate market is currently a "buyer's market," meaning that buyers have ...
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A couple of miles from the Village of Bee Cave, in the rolling hills of Northwest Travis County, is the beautiful Senna Hills subdivision. With average sales prices for the past two years in the $600K range, you can tell that this is not your average neighborhood. Quite the contrary! Senna Hills is ...
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The Olympic Heights neighborhood was built in the years 2002-2008 by D.R. Horton Homes. It is located in South Austin about a mile and a half south of W. Slaughter Lane on Manchaca Road. The main entrances to Olympic Heights are on Marcus Abrams Blvd.—from Manchaca just past Ravenscroft Dr., and ...
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Nestled near the end of Brodie Lane in desirable South/Southwest (S/SW) Austin Texas, the Bridges at Bear Creek is a new, upscale subdivision in its early stages of development. If you are looking for a home that is near to Austin and all it offers, but want to be away from the hustle and bustle at the ...
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Because of its proximity to downtown Austin, shopping, schools and major roads, Austin zip code 78739 is still a highly prized area in which to own a home. This blog highlights 2007-2008 real estate market stats in zip code 78739, and is intended to give current and potential homeowners some feel for how property values are faring. Subdivisions in ...
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