Austin Real Estate Today Radio | Austin Realty Podcast | Episode 4 for Aug 6, 2012

Latest Austin housing market news from Kevin Cottrell and Perry Henderson covered during the Austin Real Estate Today Radio Show | Austin Realty Podcast during the week of August 6, 2012.

Austin housing market discussion of Austin real estate news related to:

Strong momentum in Texas real estate market continues in second quarter of 2012
State wide -- sales up 13%
5.9 Months of inventory (down from 8.1)
Downtown Parcel near Four Seasons Sold - Plans unclear
Slightly less than an acre sold near Four Seasons
(Austonian residence tower built on a 29K s.f. parcel)
Land is at Trinity / E Cesar Chavez
Estimated value for land downtown - $250 - $275/s.f.

Case Shiller: House Prices increased 2.2% in May
20 city index
House prices nationally are up 1% vs. 2011
Fannie Mae and Freddie Mac Serious Delinquency rates declined in June
Fannie Rate 3.53% down from 4.08% June 2011
Freddie Rate 3.45% down from 4.2% Feb 2010 (peak)

Austin Realty Market updates for Steiner Ranch Austin and Avery Ranch Austin markets.

More questions from listeners on how to hire the right Austin Realtor and how to prevail when buying a home in a hot market like Austin when multiple offers prevail.

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