From the HBA Government Relations newsletter
The City of Austin released its June housing and development tracking data. Year-to-date, new construction applications have increased 25%; remodels/additions have jumped 37%. Single-family building permits have inched up 4%. For the development process, the city received six new submittals in June as well as 14 updated submittals
Friday, July 30, 2010
Single-Family Building Permits Up Slightly, Remodels Up Substantially in Austin Year-to-Date
Wednesday, July 28, 2010
Tuesday, July 27, 2010
Monday, July 26, 2010
Foreclosures: A look across the country
Across the nation, the number of foreclosure filings of all types fell during the first half of 2010. Of all the foreclosures posted, only 40% on average actually get foreclosed on. Austin, Travis County and Texas are seeing some of the lowest foreclosure rates in the country.
Foreclosure Postings on Average
Source: RealtyTrac
June 2010
Nevada: 1 in 87 homes
Florida: 1 in 170 homes
Arizona: 1 in 188 homes
California: 1 in 193 homes
Georgia: 1 in 334 homes
Texas: 1 in 788 homes
Travis County: 1 in 858 homes
Wednesday, July 21, 2010
Making the Top Ten List yet again
Round Rock Ranks 6 in Family Circle's 2010 National Ranking of the Ten Best Places for Families
Round Rock, Texas
Population: 88,519
Median Income: $80,576
Median Home Price: $162,052
Households with Children: 48%
Student/Teacher Ratio: 16:1
Great Schools Rating: 7
Located 20 miles outside Austin, this town calls itself the sports capital of Texas. And as Norma and Gene Saldivar can tell you, Round Rock really delivers. Old Settlers Park—just one of 34 here—covers 570 acres, with dozens of baseball diamonds, soccer fields, and tennis courts, plus miles of walking and biking trails.
For the full article: http://www.familycircle.com/family-fun/money/10-best-towns-for-families-2010/?page=6
Monday, July 19, 2010
Austin Region Likely to See Shortage of New Homes with Continued Population Growth on the Horizon
From the HBA newsletter, presented at last weeks Midyear Economic Forecast
"Buyers who may be “on the fence” are encouraged to buy now. If interest rates were to tick up just 1%, the price of a home would have to decline by 10% to make up the difference. Home prices are already on the rise in the greater Austin region. Expected population growth coupled with the lack of new home starts that will keep up with the region’s growth will likely cause prices to rise further."
For the full article : http://hbaaustin.com/displaycommon.cfm?an=1&subarticlenbr=611#fphousingforecastpr
Wednesday, July 14, 2010
Friday, July 9, 2010
Wednesday, July 7, 2010
Friday, July 2, 2010
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