In the News
The Economy is Still Better in TX
This in today from The Real Estate Center, part of the Mays Business School at Texas A&M University in College Station
COLLEGE STATION (Real Estate Center) – More than two million U.S. jobs were lost from November 2007 to November 2008, representing 1.5 percent of its labor force. The Texas economy fared much better during [...]
Good News for Austin
Top 10 Most Promising Housing Markets
Housing Predictor, which provides housing forecasts in 250 markets, has identified 10 markets where the regional economies are healthy and have strong potential for increasing prosperity.
These housing markets have bucked the national trend in 2008 and avoided the subprime crisis, the consultancy says.
Whatever the future holds for the housing market [...]
You can still get a mortgage
Yes, you can. Do you have a job and a decent credit score? There’s money out there. The more you fit into the lenders specifically-defined boxes, the easier it is. There are fewer boxes. And tighter boxes, but there is money out there; plenty of it. If you are outside of the box (self-employed, own multiple [...]
Read Full Post | Make a Comment ( 1 so far )Biggest Article of the Week: Watch Where the Artists Live
Bling (photography: KAngermann)
BusinessWeek
Real Estate News September 23, 2008
Great article from BusinessWeek … Up-and-Coming Neighborhoods: Great Buying Opportunities
Want to know where the next hot real estate markets will be? Watch where the artists are living now.
Similar trends are occurring in Boston, Los Angeles, San Francisco, Philadelphia, Miami, and Austin, Tex. BusinessWeek.com selected 15 urban neighborhoods that [...]
Bail out
Just wanted to get this out quick because it’s the best summary I’ve seen this week …
COLLEGE STATION (Real Estate Center) 09.26.08 – As negotiations continue over the proposed $700 billion bailout of the nation’s financial system, Dr. Mark Dotzour, chief economist for the Real Estate Center at Texas A&M University, offers his perspective:
“It’s a sad day [...]
Bottoms Up? NYTimes 8.26.08
Falling prices bring out home purchasers in July
Some analysts say market has hit bottom, but supply very high relative to sales.
By Michael M. Grynbaum
NEW YORK TIMES
Tuesday, August 26, 2008
Home sales perked up in July, a respite for the housing market, as falling prices appeared to lure more buyers. But the number of homes for [...]
Bright spots in the housing nightmare
David Koeppel of MSN Money interviews James Gaines, a research economist at the Real Estate Center at Texas A&M University on the topic of why Texas as had “remarkable resilience” in the 2008 market woes. Koppel says that nobody has been unscathed, but TX is a bright spot. Lucky us.
Here’s the link:
BrightSpot
2nd Place, woo hoo
Forbes Magazine says Austin is the 2nd best cities to buy a home in right now. God bless Austin. Read on …
Forbes, Real Estate
Best Cities To Buy A Home
Maurna Desmond, 07.14.08, 6:00 PM ET
Houston, we don’t have a housing problem.
The city’s $152,500 median home sale price is up 6.6% from 2005. It boasts a low [...]
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A surprising safe haven for savings
Posted on September 30, 2008. Filed under: In the News, Smart Buyers, Smart Investors, Smart Real Estate | Tags: real estate market commentary |
An emerging story beneath the headlines
Read Full Post | Make a Comment ( None so far )September 29, 2008
By Dave Jenks, Vice President of Research and Development and Jay Papasan, Vice President of Publishing and Executive Editor, Keller Williams Realty
Amidst fears of a financial market freefall, the real estate market is emerging as a bright spot. Indicators are pointing to an end to [...]