Austin, TX -- (SBWire) -- 09/13/2012 --Despite the global economic downturn, the real estate market has started to show shoots of recovery in select markets. In most parts of the world the reluctance of banks to give out mortgages is slowing the market down, but in the greater Austin area the market is growing as a result of owner financed homes, which are purchased without bank loan approval.

One website that is making waves in the Austin real estate market is GreaterAustinHomes.com, a new online resource for prospective homebuyers and sellers. GreaterAustinHomes.com provides an extensive toolkit for those who are looking for homes in the Austin area, and is quickly gaining a reputation for streamlining the marketing and buying of properties.

The site’s powerful Austin home search function has a huge number of options to help visitors find the right home, including a unique owner financed home search for those looking for that particular type of buying opportunity.

Each listing is replete with high quality digital imagery, a full description of each property, a map showing nearby amenities and details about local schools for concerned parents. Also contained next to each listing is a useful mortgage calculator.

As well as the property search function, GreaterAustinHomes.com also contains a mortgage loan pre-qualification feature and a whole host of useful editorial content about the home buying process. One of the sites specialties is there expertise in foreclosures and owner financing and a plethora of editorial content walks visitors through numerous strategies for locating and benefiting from these markets.

A spokesperson for the website said: “The real estate market is booming in Austin at the moment, no doubt due to the exceptional rise in owner financed homes. Prospective buyers who have failed to pass the unprecedentedly stringent conditions to receive a mortgage we are seeing these days can use the unique owner financed home search on our website. We also have a huge number of other features to make finding the right home in the Austin area easier than ever before. We view ourselves as a one stop shop for Austin area home buyers and sellers.”

About GreaterAustinHomes.com
GreaterAustinHomes.com gives prospective homebuyers of Austin real estate the tools needed to browse all properties for sale in the Greater Austin area. Not only that, it provides school information, Austin real estate blog & news updates, unique owner financed home search, home seller resources, buying tips, mortgage loan prequalification and much more.

For more information please visit http://www.GreaterAustinHomes.com