Real estate blog entries tagged with housing boom by Robert Rees - Austin Real Estate (Robert Rees Realty, Inc)

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housing boom: New Poll shows Austin as STONGEST MARKET - 10/17/06 11:01 AM

A qoute from the recent report is that, "Austin Remained the Strongest of the Top 20 Markets On Every Metric in September"
Other notable facets of the report were that there were 17,076 single-family permits in 2005, Autin is the 19th largest market in the country.
Reasons for Austin's Market Strengthe were due … (3 comments)

housing boom: Austin Area's Appreciation through Sept 2006 - 10/10/06 09:23 AM

Here is my monthly update for the Austin Area's Appreciation YTD by MLS Area.

In the month of Sept we are beginning to see the first signs of some slowing down in the real estate market as there were 122 more new listings in Sept 06 compared to Sept 05, but 4 … (2 comments)

housing boom: Your Area BOOMED, now it's BUMMED...what's up with that? - 10/09/06 09:52 AM

Throughout many parts of the country the housing industry seemed to go crazy. I have a friend that bought three brand new homes in Phoenix area and 1 year later sold them for $100K each. $300K in 1 year for median priced homes...I'm sorry, that's insane! Now it appears that many … (3 comments)

housing boom: Hyper Housing Bubble or Economic Downturn? - 10/07/06 10:43 AM

There will always be a some sort of growth in real estate, but sometimes just as in the stock market, if there is high appreciation (or price increases) mainly due to hype, then there comes a time when the "market corrects itself"
This is the so-called bubble effect. It's not … (3 comments)

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