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Local news | Home » Archives by category » Travis County
Austin will see the rise of a $24.5 million Hampton Inn & Suites building on Lavaca Street. The project comes to breathe life into an unfinished building that caused traffic problem on the street. Construction has already started on the hotel project, although the new owner just recently purchase the foreclosed project from Texas Capital [...]
It looks like the Austin housing market is performing poorly, as the number of foreclosures went up. However, we aren’t talking about a dramatic increase but a light 0.05% rise, but it is still a rise, compared to a year prior. CoreLogic released its latest data covering October foreclosures in the Austin area, saying that [...]
Homeowners in foreclosure are ready to take any tool that will prevent them from losing their homes. But unclear and unlawful methods will not solve their situation permanently. And as you might already figured out, foreclosure fraud can be found in each part of the country and Texas is not an exception. The Statesman reported [...]
CoreLogic released its latest report, which does not bring good news for the Austin housing market. Austin’s home foreclosure activity was up 1.08% in September, the report highlights. Another highlight of the report is the outstanding mortgage foreclosure rate, which also rose, 0.03% compared to the same period a year ago, when the foreclosure rate [...]
The same day Massachusetts Attorney General filed a lawsuit against the nation’s biggest bank over deceptive foreclosure practices, an Austin woman sued Bank of America over fraudulent foreclosure practices. Maria Gonzales filed a lawsuit in state District Court in Travis County alleging Bank of America fraudulently sough to foreclose on her home, the Statesman has [...]
Two weeks after the Austin-based Temple-Inland was sued for its role in the failure of Guaranty Bank from Austin, the corrugated packaging paper maker was bought for $4.3 billion. When the lawsuit occurred onlookers got worried whether it would kill the potential buyers’ interest, but in the end, International Paper Co. paid $32 per share [...]
The number of locals fighting against foreclosure is continuously growing. Now Gloria Harris is part of the group that gathered power to fight against banks and the wrongful foreclosure process. Her story begins in 2007. Gloria Harris co-owns the home on Lockwood Avenue with her elderly father. Working as a lunchroom assistant, she knew that [...]
Homes sales are up 32% compared to the same month a year ago, Austin Board of Realtors reported this week. But not all news are positive: the median sales price fell 11%, indicating a shift demand from higher to lower-priced homes. The report notes that July brought 1,973 home sales, compared with 1,499 in July [...]
Central Texas follows the national trend: foreclosure postings fell to their lowest level in more than two years, according to latest figures released by the Foreclosure Listing Service. The exact number of properties posted for September 6 foreclosure auctions in Travis, Williamson, Hays and Bastrop counties declined to 3,197 listings, which makes a 20% decline [...]
The Austin-area recorded 1,873 single-family home sales in July 2011, according to the MLS’ (Multiple Listing Service) latest report, released on August 18 by the Austin Board of Realtors. This number is up 32% compared to the same period a year ago. However, on the median price for Austin homes dropped 11% from a year [...]