Texas Institute of Real Estate

Wayne's Real Estate Blog

Austin Real Estate Poised For a Strong 2010

According to the S&P/Case-Shiller U.S. National Home Price survey, U.S. home prices in 20 cities grew for the sixth straight month. While the increase was only 0.2% on a seasonally adjusted basis, the increase signals that the housing sector’s long return to form is coming along well. October saw a rise of 0.3% on a seasonally adjusted basis, which includes statisticians’ adjustments based upon changes in seasonal activity. While the market as a whole improving, several cities in Texas have seen particular success through the market downturn. Austin is one of those cities.

Experts Predict A Lucrative Real Estate Up-Turn Period

The real estate market has been a mark of concern for the nation for nearly half a decade. Between the peak of real estate prices in 2005 to early 2009, total home re-sales fell 38 percent while sales of new homes dove more than 76 percent. Construction of homes and apartments skidded to a stop by nearly 80 percent, and for the first time in more than forty years, home prices posted consecutive yearly declines.

Invest in Success with a Texas Real Estate License

Invest in Success with a Texas Real Estate License  Fifty years ago, it was common for a person to work for the same company their entire life. Today, it is common for most people to switch their careers multiple times throughout their working lives. Switching jobs is an important and, often, difficult decision to make at any given time. If you are having to do it during a recession, you need to ensure you are making the right moves.

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