February 2006

Austin Rental Home Market Still Favors Renters

February 28, 2006

Despite all the great news about our booming sales market in Austin, many of the sales are to investors and the result is an over-supplied rental market. Renters have never had it so good! In Austin TX you can rent a 4000+ square foot brand new home on a golf course for $2200 per month! [...]

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Austin’s Booming Market

February 25, 2006

Here is another article from today’s Austin Statesman regarding Austin’s strong real estate market. What we really have happening in Austin at the moment is a set of markets within the market. In fact, there are certain neighborhoods within which homes are selling so fast we have to get our buyer’s offers in on day [...]

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Austin Real Estate Market Continues Heating Up

February 25, 2006

Today’s Austin Statesman has several good real estate articles in the Business scection. I’m posting one below. The stories essentially state, among other things, that it’s becoming harder for buyers to find homes priced under $200,000 or close to downtown. This is true to some extent, and we’ve certainly had our share of buyers miss out on [...]

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Las Vegas Real Estate Convention – Part 2

February 23, 2006

If you read my first post about mine and Sylvia’s arrival and first day in Las Vegas for the Keller Williams real estate convention, you know that we spent a lot of time waiting in big lines. The lines never did decrease but we acclimated, or were assimilated perhaps, to the drudgery involved in pedestrian mobility at [...]

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Blogging From Las Vegas Real Estate Convention

February 20, 2006

Sylvia and I arrived in Las Vegas last night for the Keller Williams real estate convention. Neither of us has been to Las Vegas in our 15 years of marriage, and we have no other reason to come here since we don’t drink, gamble or smoke. Since our arrival, we have spent more time standing [...]

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Austin city council passes moratorium on some residential projects

February 10, 2006

This is a followup to my blog article earlier this week regarding the possibility that Austin will impose certain construction and remodel limits in older neighborhoods. I’m just going to reprint what appears in the Austin Statesman today …

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Interesting new Real Estate website – www.Zillow.com

February 8, 2006

Zillow.com is online now. This is the much anticipated real estate website launched by the guy who started Expedia.com, which changed the travel industry (80% of all travel is now booked online). Zillow lets you: • Instantly get valuations for over 40 million homes in the U.S. • See historical sales and comps of nearby [...]

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Should Austin Limit Home Sizes?

February 8, 2006

The Austin City Council is considering whether to limit the construction of “McMansions” – big homes that replace smaller homes that are demolished or removed. Central Austin Neighborhoods such as Tarrytown, Hyde Park, Travis Heights, Clarksville and Crestview are areas where lot values will support the construction of new or remodeled homes much larger that the [...]

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