Central Texas foreclosures are down to their lowest level in four years!
As foreclosures are increasing around the country they are becoming more rare in Austin and the surrounding area. The real estate market in Austin is very strong right now and that makes it easier for sellers to get out of properties quickly when facing financial problems. Austin also has very low unemployment - another factor in the low foreclosure rate.
Things are looking good for Austin. We should see another great year for housing appreciation!
June 2007
Found 3 blog entries for June 2007.
Top Notch Remodel - Just Listed!
Just listed! 3601 Garden Villa Lane - $447,500
Remodel done RIGHT!!! Designed by former Architectural firm owner. Top notch materials with open floor plan. Beautiful landscaping w/ enchanting garden to sit back and relax in. Kitchen and master suite to die for!
Call 512-344-6000 for a showing - this one will sell fast!!
Legacy@Town Lake Apartment Tower
Construction has begun on a new 31-story apartment tower in downtown Austin.
The Legacy@Town Lake is the latest high-rise to break ground amid downtown Austin's building boom. The 187-unit luxury apartment tower is located at the intersection of Rainey and Cummings Street.
The units will be from 650 to 2,900 square feet, and the rental rates are projected to range from $1,300 to $7,000, with the average rent projected to be $2,300. These units will not be offered for sale at this time.
Legacy@Town Lake’s planned Grand Opening is for fall 2008.
