Active Rain Realtor Nationwide Survey About Texas

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.750.6899

The current real estate market in Austin Texas is strong! Homes listed at market value and staged well have an excellent opportunity of selling with prices holding. Properties over priced are languishing on market. Buyers are making offers and coming to terms with realistic expectations. Plunging interest rates are a plus in allowing buyers to get more house for their money. Tax credits are over but many sellers are offering to pay buyers closing costs as an added incentivewhich helps maintain steady market activity.

Austin is leading the country in enjoying a great quality of life and experiencing good job growth. Our sold properties in April topped 2008 and 2009 and came close to our recordhighs in 2007. May looks like it will show continued good numbers, the verdict is still out as we end up our closed units this last week in May.

Overall activity in Austin Texas is robust with optimistic sellers maintaining control over many buyers who still want to believe its a buyers market! 

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Location:
Texas Travis County
Groups:
Realtors®
Texas Real Estate
Posts to Localism
All Thing's Texas
Local Expert
Tags:
buyers
austin real estate
austin tx
real estate marketing
real estate
tax credit
sellers
activerain realtor
national real estate surveys

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Rainmaker
516,438
Russell Lewis
Realty Austin, Austin Texas Real Estate - Austin, TX
Broker,CLHMS,GRI

I did not know there was a survey going on but I do enjoy living here and we are so fortunate to be in a part of the country that continues to thrive when so many other areas are not doing well at all. Have a great week!

May 23, 2010 11:44 AM #1
Rainmaker
3,858,003
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Hi Russel,

I just happend to log on after my open house today..what a great idea this was! The power of Active Rain!

May 23, 2010 01:58 PM #2
Ambassador
727,341
Sheldon Neal
Bergen County, NJ - RE/MAX Real Estate Limited - Maywood, NJ
That British Agent Bergen County NJ

Glad to hear things are looking up in TX !!

... wishing you the very best Dorie !

 

May 23, 2010 02:16 PM #3
Rainmaker
545,096
Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

Hi Dorie:

So glad to hear that the Austin market is going strong!

May 23, 2010 02:44 PM #4
Rainmaker
3,248,775
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Dorie

Thanks for sharing the success story for Austin Texas.

Good luck and success.

Lou Ludwig

May 23, 2010 03:14 PM #5
Rainmaker
3,858,003
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Seldon,

We are looking good..thanks for stopping by!

May 23, 2010 03:36 PM #6
Rainmaker
3,858,003
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Hi Toula,

The phones are ringing! I just got back from getting a listing I put on Thursday signed off! Two offers..the sellers like that!

May 23, 2010 03:37 PM #7
Rainmaker
3,858,003
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Hi ou,

Austin is performing well..couldn't be more happy with how things are moving.

May 23, 2010 03:38 PM #8
Rainmaker
629,317
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Dorie, That's fantastic news -- if Austin is leading I hope a lot of other areas are not far behind,  Good news is always welcome!

May 23, 2010 05:21 PM #9
Ambassador
2,758,601
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Dorie, Great news! Good to hear that your market area is alive and well...

Helping you help others live their American dream...

May 23, 2010 10:44 PM #10
Rainmaker
3,858,003
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Mary,

We are blessed to have things going so well. We never jumped in value like some other areas like CA & FL did. When ever property values escalate at rapid rates during the boom times they tend to free fall when the economy turns downward. WE usually make modest gains but remain more stable.

May 23, 2010 11:40 PM #11
Rainmaker
3,858,003
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Michael,

Thank you Mikael ..we are pushing along and making great headway. I got 2 offers over the week-end on a great new listing I put on last Thursday. We came to terms with one of them and my sellers are very happy!

May 23, 2010 11:43 PM #12
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Rainmaker
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Dorie Dillard CRS GRI ABR

Serving Buyers & Sellers in NW Austin Real Estate
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