Doug Mellen's Austin Area Real Estate Blog

There are lots of different ways to look at the Austin housing market.  Some make it look frightening, some are much more optimistic.  To me there are three things that present a meaningful indicator of the overall health of the Austin, Lake Travis, Cedar Park, Leander, Round Rock and ...

Tierra Grande, a publication from the Real Estate Center at Texas A&M discusses some recent changes in the IRS Tax Code regarding capital gains and includes some examples of how they apply.  A portion of the article follows: Tax rules for home sales were greatly enhanced in 1997 and have been improving ever since. Several new IRS rulings ...

The Austin Business Journal reports that a new research report questions whether some of the new condo projects projected for Central Austin will move forward under their original timelines, or at all, given the decline of available financing. The report from Residential Strategies Inc. shows that there are more than 5,800 condo units ...

Courtesy of Alamo Title Company The Week in ReviewMarch 23 - March 29, 2008(compared to the same week in 2007)New listings up 33.07%Pendings are down 75.27% Solds are down this week by 55.45%As for Average Prices: Mar. 23 - Mar. 29, 2008(compared to the same week in 2007) The "New Listings" average list price increased ...

COPY OF THE PRESS RELEASEMACFARLAN CAPITAL PARTNERS ANNOUNCE PURCHASE OF CENTEX DESTINATION PROPERTIES ASSETSMacfarlan Forms TerraMesa Resorts to Manage Exclusive Destinations andSecond Home Communities Located on Lakes, Ocean front and MountainsDALLAS, March 25, 2008 — Macfarlan Capital Partners, L.P. a Dallas-based private real estate ...

February 15, 2008By CLIFFORD KRAUSS and RON NIXONAUSTIN, Tex. — The real estate market these days is a tale of two Americas, and one of them is not doing too badly. In the America of big-city housing markets, especially on the coasts and in the struggling industrial Midwest, the huge run-up in values in recent years has given way to big ...

In a report today, The Austin Business Journal wrote that after a cautious slowdown in new construction late in 2006 and early this year, Austin homebuilders are forging ahead, starting more than 1,100 more homes during the second quarter of 2007 than during the first quarter, according to a report from housing research group Metrostudy. The ...