homes for sale austin tx: Lake Pointe - Bee Cave Austin TX - Market Report
- 09/03/10 05:56 AM
Lake Pointe - Austin Bee Cave TX - Third quarter sales are holding pretty well. Below are three different charts for the visual person. This first chart is showing you the currently active properties on the market and how long they've been on the market. Third quarter alone has seen 11 listings become active (Red + Yellow). What's going on with those 120+ day listings? Yikes! I think some sellers need to evaluate their asking prices before they end up still on the market during the winter months!
This next chart shows you the break down of all properties … (3 comments)
homes for sale austin tx: Real Estate - Austin TX - How Long Does it Take to Buy a House? It Depends on You...
- 09/01/10 04:09 AM
I get asked a lot, "How long does it take to buy a house?" My response? "That depends on you!"I usually get strange looks or silence if they're on the phone...In the past year, I had some buyers that took 8 months to find a house. Yes, 8 months! Yet, I had buyers that took a week... you never know until you start the process.These buyers contacted me on a Friday, we scheduled to look at houses on the next Tuesday, and we submitted an offer on Thursday. From contact to contract was less than a week!!The 8 month buyers... He … (9 comments)
homes for sale austin tx: Psychology of Real Estate - Interesting Study Results
- 07/19/10 06:04 AM
The Psychology of Real Estate - Old Dominion University just released some preliminary results of an interesting study they're conducting about the way people view homes for sale, from pictures to descriptions to the attractiveness of their agents.Something obvious is that people are less likely to think a house looks nice when there is a pink living room, even though it's easily corrected with a can of paint. We've known that for years and preach to our sellers to neutralize as much as possible, but also point out to our buyers that paint is cheap...The part I disagree about is descriptions. … (43 comments)
homes for sale austin tx: Real Estate - Austin TX Homes for Sale - Closings up, Pendings down
- 06/26/10 12:05 PM
Real Estate - Austin TX Homes for Sale - Closings for residential real estate in Austin TX were up in May, by 24% compared to May 2009, with a total of $508M in inventory, being 2074 single family homes. That sounds like a great number, right? Well, let's look at some other things going on. The median price of Austin TX actually decreased 2% in May over last year, to $192k, however, this number is up from last month April 2010 at only $190,700. Two percent is nothing to lose sleep over, as Austin is still a bargain being under $200k, … (4 comments)
homes for sale austin tx: Real Estate - Homes for Sale - Austin TX - Sales Increase 6.4%
- 10/23/09 06:42 AM
Real Estate - Homes for Sale in Austin TX and Central Texas rose 6.4% in September!! That's huge!! That's the first substantial increase, year-over-year, in more than two years!! What else did the Austin Board of REALTORS® report?? The median sales price in the area was also up, by 2% to $185,250.In August, homes for sale were strong with 1748 closed transactions. However, in September, which is traditionally a slower month since school just started back in session, closed transactions were at 1780 strong. To compare, there were only 1673 sales in September 2008.There are many reasons why we're having an … (9 comments)
homes for sale austin tx: Homes for Sale Austin TX - Inventory is Decreasing
- 10/01/09 07:05 AM
Homes for Sale Austin TX - I hear over and over again that it's not a good time to put your house on the market. I don't know why people think that, because they're missing out on all the action! In just the past two days, according to the Austin MLS, there have been 273 new listings for homes for sale Austin TX. With all the activity for the new homes listed, 317 properties have had price adjustments, some up but mostly down. Even though there have only been 258 properties that closed in this two day time frame, there have … (2 comments)
This blog is to help educate Buyers, Sellers and even other Realtors across the country. Each market is different and the way Real Estate is done is different. Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between. Some times there will be other things besides real estate as I like to rant and rave as much as the next!! Come back often!
Lake Pointe - Austin Bee Cave TX - Third quarter sales are holding pretty well. Below are three different charts for the visual person. This first chart is showing you the currently active properties on the market and how long they've been on the market. Third quarter alone has seen 11 listings become active (Red + Yellow). What's going on with those 120+ day listings? Yikes! I think some sellers need to evaluate their asking prices before they end up still on the market during the winter months!
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