The 2 Davids

The summary of housing prices in the nation for last year from the Federal Housing Finance Authority are out.  Nation wide housing prices fell 4.5%.  Texas home prices were up 2.1% in 2009.  Austin did even better with home prices increasing 4.4%.  Here are a few other select city results. Abilene up 2.7% Austin–Round ...

Soon, the second largest employment sector in Round Rock will be Health and Medical.  This is great new for our regional economy.   http://www.costar.com/News/Article.aspx?id=5B2F32F2B2D34CF17425CDE6369AFA79 When completed, this facility will accommodate over 11,000 students.

The $787 billion federal economic stimulus bill has several tax provisions affecting energy efficiency improvements in placed in service in 2009 and 2010.  The tax credit for qualifying products has been increased from 10% to 30% up to a maximum allowed credit of $1,500.  This would allow a home owner to spend up to $5,000 on ...

The number of foreclosures continues to increase.  However, we are now seeing the number of homes sold begin to increase again nationwide. http://austin.bizjournals.com/austin/stories/2009/01/26/daily4.html?surround=etf

[photo:listing:1722154] • 1,257 sq. ft., 1 bath, 1 bdrm single story - MLS® $226,000 - Rare $$ in Travis Heights Travis Heights, Austin  -  Great location, rare chance for affordable living in original Travis Heights Subdivision. Property information

South Lamar, Austin  -  Announcing a price reduction on 2200 Dickson Drive #203, a 903 sq. ft., 2 bath, 2 bdrm single story. Now $229,000 - . Property information

[photo:listing:2186250] First Complex Rated 4 Star Austin Energy • 664 sq. ft., 1 bath, 1 bdrm single story - $148,900 South Lamar, Austin  -  Akoya is the first multi-family 4-Star Austin Energy Green Building in Austin. Michael Hsu Design Office, Located in vibrant South Lamar District we are close to Kerby Lane Cafe, ...

As long as Austin continues to create jobs, we well fair quite well through this economic downturn.  As the following article shows, our new home construction remains in line with what our current economy can absorb. http://austin.bizjournals.com/austin/stories/2008/12/29/daily14.html?ana=e_du_pap  

In this article from the New York Times, a very strong case is made for buying now.  Simply put, the old wisdom of Buy Low, Sell High applies now more than ever.  We may not be at the bottom of the national real estate cycle.  Unfortunately, we will only know where the bottom is by looking back.  Still it is certain that we are ...

ABJ - 12/2/08  Once again our stats show slow but steady growth.  Its good to be in Austin. http://austin.bizjournals.com/austin/stories/2008/12/01/daily24.html?ana=e_du