August 2006

When Should an Inspection Kill a Real Estate Deal?

August 31, 2006

I had a deal bust last week over repair items revealed in the inspection. After the property inspection, the buyer asked for certain things to be remedied by the Seller, and the Seller refused. The buyer terminated the contract and we found them another house. Who is dumber…a buyer who walks away from a good [...]

8 comments Read the full article →

Stevie Ray Vaughan – 16 years ago today

August 27, 2006

Stevie Ray Vaughan died in a helicopter crash 16 years ago today on August 27, 1990. Hard to believe it’s been that long. Sylvia and I went down to Zilker Park that night for the memorial gathering. It was a sad day in Austin. We had just seen him live at Auditorium Shores earlier that [...]

2 comments Read the full article →

Austin Sales Stats – July 2006

August 23, 2006

I’ve put together some stats for July 2006 sales. Homes only, no condos, townhomes, etc. Usually I just grab the chart that ABOR puts up in the Realtor area of the abor.com website, but that chart doesn’t break things down into different areas, so this month I decided to do something different. Looks like the [...]

14 comments Read the full article →

Model Home Has Fake Family

August 17, 2006

Here is an interesting clip I saw. While our sales market in Austin is strong, California and other places are slowing down. To stir things up a bit, Centex homes in San Diego staffed a model home with a fake family to give the place a more homey feel. Sounds like like fun, especially when [...]

3 comments Read the full article →

Economist: Austin will add 20,800 jobs in the next year

August 15, 2006

More job growth and real estate news as reported by the Austin Business Journal today. I don’t have much to add, just wanted to share this. The growth of the Austin economy will continue to outpace the rest of the nation over the next year, according to a forecast from one Texas economist. Mark Dotzour, [...]

0 comments Read the full article →

Austin Real Estate Appreciation

August 14, 2006

We’ve heard and read a lot about Austin’s hot real estate market lately. Usually we see a broad overview presented in a news story or article showing number of sales, average and median prices, days on market, etc. Lately, this has all been good news for sellers and owners, as median and average home prices [...]

18 comments Read the full article →

Austin tops for relocating businesses

August 14, 2006

I just read this in todays Austin Business Journal news briefs. More good news for Austin, and our real estate market. Job growth drives a healthy real estate market more than anything else, and Austin continues to land at the top or near the top of the various “Best of ..” lists with regard to [...]

3 comments Read the full article →

Austin Rental Market – July 2006 Update

August 5, 2006

July shows an upswing in rents for single family homes in Austin compared to July a year ago and June of this year. The number of homes leased through the Austin MLS increased 7% over a year ago – from 692 to 741, a much smaller increase than last month, but a notable increase nonetheless. [...]

7 comments Read the full article →