Tag: Austin

November 30, 2017

Has the Texas Real Estate Market Slowed?

by Mark Sprague I am frequently asked if the Texas real estate market has slowed. In this piece I’ll explain the state of the market and try to answer this question. First, some context. Austin real estate has been traveling at light speed with over 60% appreciation on residential real estate in the last ten […]

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June 8, 2017

What Is CodeNEXT?

Have you heard of CodeNEXT yet?  If not, this is a topic that could have an impact on the real estate market and you will want to gain knowledge on the topic.  CodeNEXT is the new City of Austin plan to update the current Land Development Code.  The land code consists of how a piece […]

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May 16, 2016

Beware! Wire Fraud is at an All Time High.

You’ve done it!  You took a Buyer from shopping for a house, to a contract on a house, to the closing table and you couldn’t be more ecstatic for them.  Then… in total shock you find out your Buyers have wired thousands of dollars to a thief!  You discover the “I could never be a victim to wire fraud, it’d never happen to me” […]

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May 10, 2016

New Additions to Our Education Team!

School will soon be out for summer, but Independence Title’s classes are still in session!  We are continuing to grow our education resources and have added two new members to our team,  Sandy Lambright and Kaema Roberson, who bring a wealth of experience to support our clients and staff. Sandy Lambright has over 16 years […]

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April 5, 2016

Looking for Something to do While Sitting in Traffic?

Let’s face it, sitting in traffic isn’t ideal.  Especially when your to-do list is a mile long, you were supposed to be at your appointment 20 minutes ago and every radio station is playing that VERY annoying used car guy commercial.  We get it and can very much relate!  What can you do while you […]

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December 18, 2015

End of year Texas economic review

It seemed like the Texas growth miracle would never end. Texas has led the nation in job creation and home price appreciation since the end of the Recession. 2013 was a tremendous year, with home price appreciation at 15% or greater in all Texas metros. 2014 saw continued strength but a slowing of demand. At […]

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September 18, 2015

Texas metros remain sellers’ markets

We are in interesting times. Texas metros have had hot real estate markets for the past five years. For the last few months, we have had questions at both end of the selling spectrum. On the one hand, we are still seeing a sellers’ market in terms of inventory and demand. On the other hand, […]

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July 31, 2015

2015 Texas Midyear Review, Part I

Of the 3218 counties in the US, only 65 have fully recovered from the recession. By “recovered”, we mean that employment is back to prerecession numbers, GDP is same or better, and real estate values are at or better than prerecession. It’s important to understand this context when talking about the market in Texas, where […]

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October 3, 2014

Metropolitan job growth drives demand for all real estate channels

The median price for homes in the state of Texas hit another all-time high in June 2014 in the four major metros, and demand for homes in the state continues to be strong, but demand has seems to reached a plateau in the last couple of months with values and rents continuing to remain strong […]

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July 25, 2014

The future of Texas is bright

With the media attention on the lack of housing starts and the lukewarm national economy, I felt it was time to revisit why Texas continues to stand out from all the negative news about the national economy. The $1.3 trillion Texas economy has shown a complete recovery from the Great Recession and is getting stronger, […]

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June 13, 2014

Austin and San Antonio midyear review

It’s time for a midyear review of our real estate markets in Texas. This week we will start with what is happening in Central Texas and San Antonio. The underlying theme is the continued job growth in Texas and all the benefits it brings. Not only does Texas have a rapidly growing job market, it […]

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March 7, 2014

Factors driving the Texas economy

Texas cities are clearly the place to be in terms of job creation, wealth formation, and overall growth. All the major Lone Star cities continue to show economic strength while the rest of the nation struggles. I thought we would look at each of the metros and see what is driving the growth in each […]

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October 25, 2013

Continued job growth drives strong Texas real estate market

The median price for homes in the state of Texas hit another all-time high in September 2013 in the four major metros, and demand for homes in the state continues to surge to record levels, increasing home values and rents. On a statewide basis, 271,839 single-family homes were sold in the last 12 months, up […]

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August 23, 2013

Texas real estate: no sign of slowing down

Texas continues to lead the national economic recovery. Home prices are on the rise, businesses are relocating here, and jobs are being created. I wanted to revisit the major Texas metros and examine all channels of real estate to really show how well we are doing. First, understand that the median price for homes in […]

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July 19, 2013

Another look at rising interest rates

With Texas seeing the resurgence of a seller’s market the last year, there has been concern over what could stop it. One concern is the ending of rock-bottom interest rates, and how it will impact the real estate market. We will begin to find out. Last month the nation learned that the days of ridiculously […]

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April 26, 2013

How strong is our real estate market?

The strength of the home market in San Antonio and Austin continues to build as realtors and homebuilders record another strong quarter of activity, which will in all likelihood lead to a strong year. I thought it would be good to address some of the questions we get for both markets. “You keep saying that […]

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December 7, 2012

2012: A Year in Review

2013 is here and 2012 is behind us. 2012 started great and continued to gained steady momentum. We thought it would be worthwhile to review. We started the year with a battered national economy, high unemployment and low credit liquidity, which hampered the economic recovery. However, by the end of the year, national markets have […]

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October 19, 2012

Austin and San Antonio Housing Markets

After reviewing the Texas commercial real estate market last week, we would like to review residential sale prices in the Austin and San Antonio metropolitan areas over the last twelve years. Texas housing markets has shown steady strength in 2012, and this will give you a comparison of how we stack up to previous years. […]

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September 14, 2012

Demographics

Since the founding of Texas, there has been constant change in the composition of the state’s growth. Population in rural areas in many parts of the state is declining and in all likelihood will continue to. The opposite is true in Texas’s four major metros. Projections show that the state’s doubling of population in the […]

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September 7, 2012

Formula One Q&A

Since the announcement of the new F1 track site in southeast Austin was made, there have been many opinions offered about the wisdom of this venture. Was it going to really happen? Most of the Austin and Texas ‘big’ real estate and finance players seemed to not know about it until after it was announced. […]

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