2007

Survey says what we already know

December 4, 2007

This news snippet below is from the Texas A&M Real Estate Center email newsletter. It’s a survey of Houston home sellers and buyers, but the same results would be found if they did the survey in Austin. The big news?…“Houstonians shopping for a home look for quality neighborhoods, good schools and short commutes to their [...]

2 comments Read the full article →

Forbes: Top-10 Best Performing Housing Markets includes Austin

November 29, 2007

Looks like Austin is still comparatively right up there in the top 10 cities. The following is from Forbes Magazine. Top-10 Best Performing Housing Markets As anybody who has ever sold real estate knows, there are no national markets, only local markets. The adage holds true when you look at the condition of the real [...]

2 comments Read the full article →

A Tale of Two Real Estate Markets

November 27, 2007

No matter where you live, there always exists two real estate “markets”. One market consists of homes that are priced “in the market”. These are the homes that will sell. The other market consists of homes priced “out of the market”. These are homes that probably won’t sell unless a price or condition adjustment is [...]

1 comment Read the full article →

Austin Real Estate Market Update – Oct 2007

November 26, 2007

Home sales in Austin are getting better or worse, depending on which side of the equation you’re on – Buyer or Seller – and some other factors. If you’re a Buyer, you currently have more homes to choose from and are more likely to find a seller willing to negotiate compared to 2006 and the [...]

1 comment Read the full article →

Austin Rental Market Update – thru Oct 2007

November 24, 2007

The Austin Rental Market keeps chugging along. Not much new to say for the stats report this month as the steady climb in rents continues. Average rental rate is up 5.7% from a year ago, to $1354 (though down from last month due to our seasonal shift). But remember, average rents in Austin are still [...]

4 comments Read the full article →

Texas A&M Economist Mark Dotzour on the Economy

November 13, 2007

Mark Dotzour is one of my favorite speakers. He makes things easy to understand and is funny. Below is a snippet from one of his recent speeches. COLLEGE STATION (Real Estate Center) – Speaking before the Houston Economic Club earlier today, Dr. Mark Dotzour discussed the state of the national and Texas economies, and made [...]

7 comments Read the full article →

Right Brain Left Brain Spinning Girl

November 12, 2007

Someone sent me a link to this spinning girl and I found it interesting. Which way is she spinning for you? For me, she is spinning to the right (clockwise) 100% of the time. For Sylvia, she is spinning to the left (counter-clockwise) 100% of the time. For our kids, she randomly switches back and [...]

9 comments Read the full article →

Austin Toll Roads – Cheap suburb living more expensive than you think

November 7, 2007

The Austin Statesman website has an Austin Toll Road Calculator that’s interesting. You can click on your entry and exit points on the map to find out the cost of a certain trip. (you may have to log in or register at Statesman.com to be able to use it – sorry) Every since I paid [...]

12 comments Read the full article →

Inverted Pricing Cascade Showing up in Austin Real Estate Prices

October 31, 2007

I ran a CMA (Comparative Market Analysis) the other day for someone. The CMA revealed what I call an inverted pricing cascade. That is, when looking at the pricing of the Active, Pending and Sold listings, the lowest average prices and prices per square foot for this particular neighborhood started with the Active listings, next [...]

27 comments Read the full article →

Austin Rental Market Update – September 2007

October 29, 2007

The rental market in Austin remains strong, helped further by the fact that there are in fact some qualified buyers who are electing to rent instead of buy because they fear that there is an Austin Real Estate bubble, and they don’t want to buy into that bubble. I’m not going to go into several [...]

1 comment Read the full article →

← Previous Entries

Next Entries →