Market Statistics 
There are currently 15 blog entries related to this category.
Texas Has the Greatest Net Relocation Gains
Sunday, August 14th, 2011 at 7:33pm. 1266 Views, 0 Comments.
A report recently released by Allied Van Lines found that Texas passed all of the other states in the country when it came to net relocation gains last year. As such, 2010 represents the sixth year in a row that the Lone Star State has been at the top of the list.
According to the data collected by Allied Van Lines, Texas experienced a net total of 1,640 moves between January and November 2010. This figure is derived by calculating the number of people moving into the state and then subtracting the number of people who move out of the state with Allied Van Lines’ services.
Although…
Survey Finds Texas is the Most Popular Destination for Relocating Americans
Thursday, May 5th, 2011 at 6:27pm. 1930 Views, 13 Comments.
A recent survey conducted by Relocation.com found that a growing number of Americans are deciding to make the move to Texas. In fact, Texas knocked California out of the top position in terms of the most popular places for Americans to move to. In all, the Website found that the number of people who were interested in moving to Texas jumped by 50 percent when comparing the results of the survey taken in February 2011 to June 2010.
In order to come to these conclusions, Relocation.com surveyed a total of 1,000 people as part of an ongoing survey process that started in March 2009.…
Austin Housing Markets Shows Signs of Recovery
Saturday, April 10th, 2010 at 9:29pm. 1274 Views, 5 Comments.
While housing markets around the country took a significant hit as the country struggled through economic troubles, the Austin real estate market has fared much better. Although the Austin housing market did take a dip in sales and in housing prices, the fall has not been as drastic as with most markets throughout the country. In addition, just as economic experts predicted, the Austin housing market has started to rebound before other housing markets around the country.
According to the Austin Board of Realtors, multiple listing service data indicated that home sales increased while…
Foreclosure Rates Enjoying a Downward Trend
Thursday, January 21st, 2010 at 10:07am. 1219 Views, 2 Comments.
A recent report released by RealtyTrac Inc, which is a foreclosure seller based in Irvine, California, has found that the national foreclosure rate has gone down by 8% in November when compared to the previous month. On the other hand, the housing market still has a long way to go before it can be considered recovered, as the foreclosure rate is still a disheartening 18% higher than it was just one year ago.
According to the report, which was released in November of 2009, there have been 306,627 foreclosure filings this year. This includes scheduled foreclosure auctions as well as…
Existing Home Sales Climb Throughout Texas
Tuesday, November 24th, 2009 at 4:19pm. 1142 Views, 2 Comments.
News just in from the Texas Real Estate Center – A total of 19,347 existing single-family homes were sold in Texas last month, a 15 percent increase from October 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University.
The median price rose 1 percent to $143,300 during the same period, and the state finished the month with a 6.9-month inventory of existing homes.
Here is how select Texas cities fared in October (data current as of Nov. 24, 2009):
Additional home sales data for these and other major Texas cities are available on the Center's…
Austin Housing Market Shows Improvement
Monday, August 3rd, 2009 at 12:49pm. 1129 Views, 2 Comments.
Although Austin has been ranked by Forbes.com as the city that is most likely to experience the fastest economic turnaround, it doesn't mean the city is quite ready to proclaim that all is well. In fact, home sales still remain down year-over-year, but they are showing improvement when compared to earlier this year.
According to the Austin Board of Realtors, a little more than 1,700 homes were sold in May 2009, which is down by 19% when compared to May of 2008. In addition, the median price for single-family homes declined by 1% when compared to one year ago, resulting in a…
Austin’s Housing Decline Not as Severe as Other Housing Markets
Monday, June 15th, 2009 at 7:16pm. 1859 Views, 1 Comments.
Everyone knows that the housing market has been on the decline throughout the entire country, but according to research conducted by Metrostudy, the decline is not as rampant in the Austin area as it is in other parts of the country. In fact, when looking at the number of housing starts in the area, Austin is doing much better than other metro areas.
According to a report released by Metrostudy, Austin has actually experienced the smallest decline out of the 81 markets that were studied. Still, the Houston-based research group does acknowledge that the Austin area experienced a…
More Foreclosures on High-End Homes
Tuesday, June 9th, 2009 at 5:50pm. 1122 Views, 0 Comments.
The current economic conditions have resulted in an increase in foreclosures around the country, but new data released by the Foreclosure Listing Service Inc. located in Addison has shown that the foreclosure on higher-end homes have seen the largest gain in Bastrop, Hays, Travis and Williamson counties.
Although foreclosures on homes valued at less than $200,000 are still responsible for the bulk of foreclosures within the Austin metro area - with 71% of foreclosed upon homes fitting within this price range - the number of higher end homes that have gone into foreclosure has…
New Home Starts Down in Austin
Tuesday, June 9th, 2009 at 5:44pm. 1051 Views, 0 Comments.
According to Residential Strategies, Inc., new home starts continued to plunge within the Austin area during the first quarter of 2009. In all, the number of new home starts was only 1,215 during the first quarter this year, representing a 47% decrease when compared to the same quarter last year. This also drops the annual start rate to just 7,938, which is a far cry from the 17,128 annual starts seen in Austin during its third quarter peak in 2006. Closings in the first quarter were also down when compared to the first quarter of last year, with the total number falling to 2,145…
Austin Considered to be Low Risk for Home Price Correction
Thursday, April 9th, 2009 at 5:02pm. 2265 Views, 2 Comments.
While many housing markets throughout the country are experiencing a great deal of instability and projected housing process are looking grim for the next few years, a report released by PMI Mortgage Insurance Co. indicates that Austin is at a low risk for experiencing home price correction over the next two years.
In order to create its First Quarter 2009 Economic and Real Estate Trends Report, PMI Mortgage Insurance Co. analyzed a variety of different statistics, including employment rates, home price appreciation, excess housing supply, affordability, foreclosure activity and…
