From the Houston Business Journal… Four Texas markets will be among the first in the nation to recover from the recession, says a nationwide forecast by IHS Global Insight. Austin and San Antonio will lead the way, bouncing back to their pre-recession job levels sometime next year, according to the Lexington, Mass.-based economic forecasting firm, [...]

Austin releases unemployment data late, but we now have August figures for Austin, Texas, and the US.  The unemployment rate, like other factors, points to the end of the recession and the beginning of a slow & steady recovery.  We are expecting unemployment rates in Austin (along with the state and national rates) to continue [...]

Austin-area real estate market shows improvement over last year Austin Board of REALTORS® releases September 2009 real estate statistics October 19, 2009 – According to the September 2009 Multiple Listing Service report by the Austin Board of REALTORS®, activity in the Austin-area real estate market has shown signs of improvement from September 2008. In September [...]

A note from the Austin Home Pro… The Austin real estate market has long been the economist’s stronghold on optimism, because our strong local economy centered in an economically strong state continues to beat the “doom and gloom” odds.  Despite falling home prices around the nation, Austin has held strong.  Due to Austin’s slow and [...]

The U.S. Bureau of Economic Analysis just completed a statistical study that ranked the top 50 fastest growing economical metros in the U.S. I am proud to report that Austin beat out New York City, Denver, Houston, Chicago, Dallas and Seattle…actually I am being modest…Austin beat out EVERYONE!!! While new statistics released yesterday by the [...]

This morning on the Today show, there was a wonderful update on the first time home buyer tax credit and on the possibility of seeing the credit extended.  There has also been talk of the credit being expanded, but it is all up to several bills in Congress right now.  This video is very worth [...]

Click Here For Updated Graphs & Statistics for the Austin Real Estate Market Austin real estate market slows from summer buying months Austin Board of REALTORS® releases August 2009 real estate statistics September 18, 2009 – According to the August 2009 Multiple Listing Service report by the Austin Board of REALTORS®, the Austin real estate [...]

Austin Real Estate Report Austin real estate sales volume continues momentum, reaches 2008 pace for July Austin Board of REALTORS® releases July 2009 real estate statistics August 20, 2009 – According to the July 2009 Multiple Listing Service report by the Austin Board of REALTORS®, the volume of Austin home sales reached 2008 levels for [...]

The current newz buzz is all about the changing state of the economy lately, and the changes we are seeing in its behavior and the outlook that these chances can provide us.  Prices and sales are up in Austin real estate, but recovery is still a long process and not all prices, areas, and parts [...]

National vs Austin Home Sales Volume Here is the latest and greatest (and most accurate data out there) for you to visualize the trends you hear and read about. About the real estate data & statistics on my site: I’ve received emails about how my graphs look differently that Zillow’s/Trulia’s, and believe me, those websites’ [...]