Tagged : Housing Market

Found 3 blog entries tagged as "Housing Market".


According to a report released by Metrostudy, Austin home sales continue to rise. With mortgage rates remaining low, the study shows a supportive climate for continual improvement in the Austin housing market.

Eldon Rude, who is the director of Metrostudy’s Austin market, indicated that prospective buyers should expect home prices to continue to rise in the Austin area. At the same time, the city is expected to continue to improve in the areas of housing starts, employment and the Housing Price Index, which is a measurement of residential home prices.

From November 2011 to November 2012, Austin saw a significant increase in new jobs, with approximately 35,000 jobs added to the city. In its study of 40 housing markets throughout the United States, the

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According to a Gallup survey that was released in the middle of April, 77% of Americans expect the prices of homes in their area to either remain the same or to go up over the next twelve months. Furthermore, the survey found that 34% of Americans expect the average price of the homes around them to go up over the next year. These figures represent a 12% increase when compared to last year, which is a good sign that consumers are starting to gain more confidence in the residential real estate market. (In April 2009, the Gallup survey found that 63% of Americans believed the housing prices around them would either increase or stay the same.)

According to Gallup, the low interest rates combined with the increase in consumer confidence will likely lead to more…
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According to Mark Dotzour, who is the director of Texas A&M University's Real Estate Center, it looks as if the state of Texas may have reached the bottom of its housing market a few months back. As such, he is ready to proclaim the inventory of homes through Texas - both unsold new homes and existing homes - are in a promising position.

“I feel now is the time to buy a house in most Texas cities,” said Dotzour through RECON, which is the center’s online newsletter “Housing affordability has never been higher, and I never thought I would see 5 percent mortgages in my lifetime. If you plan to live in the house for at least two or three years, now is the time to buy.”

Dotzour isn't the only one who sees a positive upswing in the economy's future. In fact,

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