May Figures for the Austin real estate market, active listings are up 1756 from last year. Homes sold is down 544 from last year. Both these numbers indicate a trend for a buyers market. But then the average sales price is up as well as the median sales price. I think this is a little misleading because lower priced houses are

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The January stats are out for the Austin real estate market. While the market is doing better than most real estate markets in the US it is down from what we were seeing this summer. The blog has a chart showing the stats for the last few years.In January we see the year over year decrease in sales at 10% which is better than

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The Austin real estate stats have been released for November. Although the market is still down from the summer it has shown improvement over the last 3 months. The suburbs are moving slower than central Austin real estate market. And east Austin is moving slower than west Austin. It will be interesting to see what happens in 2008. Part

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Mortgage Rates Jump up to Highest Level Seen in 2008. Mortgage interest rates jumped this week to reach their highest levels of 2008. This was caused by a sudden spike on mortgage rates last week. Their a few causes for the spike. One might be the rash of recent bank failures and the FED concentrating on curbing inflation

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