Since January 1st of this year 1,214 homes have sold and 342 homes have been withdrawn from the market in Austin, a 32% decline and 47% increase respectively from the same period last year. With that said, the median price for homes sold during...
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The subprime crisis still rocking and rolling these days. In terms of the crisis' primary component, it is expected to actually grow in scope during 2008: The number of subprime-related foreclosures expected to occur this year will actual...
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The number of homes sold in Austin Texas in 2008 compared to the same time period in 2007 from January 1 thru February 28 is down 35% and homes taken off the sale block is up 52% in 2008 when comparing the same time periods. In 2...
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“Whirlwind of activity” is a favorite cliché of journalists. During most economic upheavals the press likes to use the phrase to describe what's been going on at the Fed. It's descriptive, and it gives a certain sense of exci...
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With US housing foreclosures making headlines the world over, it should come as no surprise that banks have tightened their lending guidelines for the residential real estate market. That being said, the Federal Reserve's recently-published s...
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