September 2010 Data:
Units for Sale: (compared to September 2009)
New listings are down 12.9%.
Pendings are down 26.66%.
Solds decreased by 32.31%

As for Average Prices:
The "New Listings" average list price is down 6.73% to $281,120.  In Spetmeber 2009 the average list price was $301,416.
Sold average sales prices increased 4.29% to $249,017.  For September 2009 it was $238,763.

Contact us for the Austin Area Luxury Housing Market Update.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area or neighborhood, obtain a FREE Austin Area Market Snapshot at no obligation.

August 2010 Data:
Units for Sale: (compared to August 2009)
New listings are down 8.35%.
Pendings are down 21.87%.
Solds decreased by 18.91%

As for Average Prices:
The "New Listings" average list price is down 1.44% to $289,761.  In August 2009 the average list price was $294,002.
Sold average sales prices increased 10.42% to $261,006.  For August 2009 it was $236,376.

Contact us for the Austin Area Luxury Housing Market Update.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area or neighborhood, obtain a FREE Austin Area Market Snapshot at no obligation.

Travis Country and Trailwood Village at Travis Country (primarily built in mid to late 70s)

• Number of homes currently for sale:8
  $160.36 average $/SqFt
  33 average days on market
• Number of homes currently pending:5
  $164.53 average $/SqFt
  56 average days on market
• Number of homes sold in June 2010:2
  $149.02 average $/SqFt
  31 average days on market

Village Park at Travis Country, Travis Country Green and Lost Creek at Gaines Ranch (primarily built in mid to late 90s)

• Number of homes currently for sale:22
  $139.06 average $/SqFt
  73 average days on market
• Number of homes currently pending:3
  $135.38 average $/SqFt
  37 average days on market
• Number of homes sold in June 2010:5
  $147.51 average $/SqFt
  64 average days on market

Find out what Travis Country homes are being listed and sold for by requesting your FREE Travis Country Market Snapshot!

Richard Cain, Owner, Realtor, GRI, Travis Country Realtor & Specialist
512.794.6601 | www.traviscountryonline.com | www.cainsellsaustin.com 

I wanted to share some GOOD news we received today from United Guaranty, a mortgage insurance company.  They've announced that they will once again offer mortgage insurance on investment properties.  This means that investors can put 15% down (instead of the 20% down minimum that has been in place) when they purchase a rental property.  Of course, they will be subject to monthly mortgage insurance with a down payment less than 20% but if the property cash-flows and they want to keep more of their cash in-hand this may be an option worth consideration.

Here are some of the guidelines:

· 700 minimum FICO

· Only 1-unit detached properties (no condos)

· Rental income from the property cannot be used to qualify

· Reserve requirements of 6 months PITI for all properties owned 

If you or your investor clients have questions or want more information, feel free to call or e-mail me.

Silvia Ward Carden

Mortgage Loan Originator (#217202)

United Lending

1801 S. MopacAustin, Texas  78746

512-592-5455 direct

512-791-6332 mobile

512-646-7333 fax

silvia@silviaward.com

www.silviaward.com

June  2010 Data:
Units for Sale: (compared to June 2009)
New listings are down 2.86%%.
Pendings are down 30.61%.
Solds increased by 6.56%

As for Average Prices:
The "New Listings" average list price is down 9.50% to $342,513.  In June 2009 the average list price was $312,793.
Sold average sales prices decreased 3.47% to $238,460.  For June 2009 it was $247,041.

Contact us for the Austin Area Luxury Housing Market Update.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area or neighborhood, obtain a FREE Austin Area Market Snapshot at no obligation.

May 2010 Data:
Units for Sale: (compared to May 2009)
New listings are up 5.18%.
Pendings are down 32.10%.
Solds increased by 49.68%

As for Average Prices:
The "New Listings" average list price is down 3.56% to $342,513.  In May 2009 the average list price was $355,139.
Sold average sales prices decreased 4.62% to $238,460.  For May 2009 it was $250,014.

Contact us for the Austin Area Luxury Housing Market Update.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area or neighborhood, obtain a FREE Austin Area Market Snapshot at no obligation.

Units for Sale: (compared to April 2009)
New listings are up 27.42%.
Pendings are up 43.78%.
Solds increased by 21.13%

As for Average Prices:
The "New Listings" average list price is down 15.05% to $313,737.  InApril 2009 the average list price was $369,308.

Sold average sales prices increased 2.45% to $233,873.  For April 2009 it was $228,272.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area or neighborhood, obtain a FREE Austin Area Market Snapshot at no obligation.

Travis Country and Trailwood Village at Travis Country (primarily built in mid to late 70s)

• Number of homes currently for sale:2
  $15.53 average $/SqFt
  7 average days on market
• Number of homes currently pending:2
  $185.54 average $/SqFt
  11 average days on market
• Number of homes sold in February 2010:0
  $000.00 average $/SqFt
  0 average days on market

Village Park at Travis Country, Travis Country Green and Lost Creek at Gaines Ranch (primarily built in mid to late 90s)

• Number of homes currently for sale:8
  $147.45 average $/SqFt
  82 average days on market
• Number of homes currently pending:7
  $143.19 average $/SqFt
  65 average days on market
• Number of homes sold in February 2010:1
  $143.68 average $/SqFt
  90 average days on market

Find out what Travis Country homes are being listed and sold for by requesting your FREE Travis Country Market Snapshot!

Richard Cain, Owner, Realtor, GRI, Travis Country Realtor & Specialist
512.794.6601 | www.traviscountryonline.com | www.cainsellsaustin.com 

Units for Sale: (compared to February 2009)
New listings are up 8.22%.
Pendings are up 18.37%.
Solds increased by 19.64%

As for Average Prices:
The "New Listings" average list price is down 10.17% to $295,379.  In February 2009 the average list price was $328,804.

Sold average sales prices decreased 3.78% to $236,145.  For February 2009 it was $245,430.

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area, obtain a FREE Austin Area Market Snapshot.

October 2009 Data: 
Units for Sale: (compared to October 2008)
New listings are down 7.39%.
Pendings are up 37.78%.
Solds increased by 29.37%

As for Average Prices:
The "New Listings" average list price is down 15.68% to $276,975.  In October 2008 the average list price was $328,479.
Sold average sales prices decreased 2.04% to $234,521.  For October 2008 it was $239,401.  

*Keep in mind that these numbers represent the entire Central Texas Multiple Listing Service area.  Every area and even different neighborhoods within a certain area are performing differently.  To get an accurate depiction of the market in your area, obtain a FREE Austin Area Market Snapshot.