April 2006

Listing Price Changes Move Both Directions

April 10, 2006

I’m reviewing my hot lists tonight, where I track New, Pending. Back on Market, Price Changed, Expired, Withdrawn and Sold listings for certain areas I like to stay informed about. Of the six Price Changed listings tonight, three have been changed to a higher price, and three to a lower price. I’m seeing this more [...]

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Media Sends Mixed Messages on Real Estate Services

April 8, 2006

A recent article (March 18, 2006) in the Austin American Statesman titled “Unscrupulous sellers dwell in online home marketplace” said “gullible buyers lured by nice photos are falling prey to Internet con artists”. The article outlines stories of buyers being ripped off purchasing real estate directly from sellers online, then either losing their money outright [...]

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Austin February Sales Stats

April 6, 2006

The Austin Real Estate market continues its steady march into “Seller’s Market” territory in many areas. Average sales price rose 15% from Feb 2005 to Feb 2006. We continue to encounter multiple offers frequently. There are still many homes that come on market priced a bit low given current activity. This is due to inexperienced [...]

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February 2006 Rents stay Flat in Austin

April 6, 2006

I’ve been getting behind on my market updates. It’s been a hot sales market and me and Sylvia have been staying very busy every day. If you read the Jan rental market update you know that rental rates in Austin fell in Jan 2006 from Jan 2005. February stats show virtually no movement from the same month [...]

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Boxwood shrub can stink up your Sale

April 4, 2006

We have a listing with an odor problem at the front porch. The seller assumed it was the neighbor’s cats coming around and spraying her front porch, and she’s been putting up with it for years. We’ve taken steps to mitigate the smell, but when I showed up this morning to open the home for a Keller [...]

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