From the monthly archives:

April 2008

Does MLXChange MLS Software Calculate Price Per Square Foot Properly?

April 30, 2008

I have have been critical of our new Austin MLS System called MLXChange since it was first placed into production in Austin in November 2007. It produces what I believe to be incorrect data. I was contacted yesterday by a product manager from MLXChange because they saw my last blog article showcasing some of the [...]

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Responding to Unsolicited Offers to Buy Your Home

April 27, 2008

I received a call recently from an Austin homeowner looking for a place to rent. After further questioning I learned of her situation. The neighbors have offered to buy her home, and she is willing to consider selling it. The neighbors have outgrown their smaller home and would love to move up to her larger [...]

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Austin Property Tax Appraisal Map 2008

April 24, 2008

The Austin Statesman published this map today of the property value increases around Austin, broken down by School District area, for 2008. There is a link to the full story below.
This is a good time to once again draw the distinction between the Appraised Value of a home for property tax purposes, as set [...]

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Huttoparke Problems Continue, Values Suffer

April 22, 2008

It is with great fascination that I first saw last year Huttoparke home owners made sure that everyone knew how poorly their homes were built. They may have had no choice but to bring public attention to the problems they were having. The homeowners felt that Lennar was unresponsive to their complaints about poor [...]

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Austin Sales Market Update – 2008Q1 Stats Breakdown by MLS Area

April 21, 2008

Below is a chart breaking down Austin MLS Sales of single family homes by MLS area for Jan-Mar 2008. Not all MLS areas are included due to low or no sales activity in some.
Of the 42 areas covered 36 saw a decrease in the number of homes sold and 6 saw an increase in [...]

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Austin MLXChange MLS Software Still Falls Short

April 20, 2008

I just finished running my stats for my Austin Rental Market update. This month I only had to report three listings to the Austin Board of Realtors which had bogus and incorrect data. Check the screen shot above to see the sort of thing Austin Realtors deal with on a regular basis.
Hopefully if you [...]

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Austin Rental Market Update – March 2008 and YTD

April 20, 2008

Homes in Austin are renting for 8% more than last year, on average. Average rent price for homes across the Austin Metro area was $1401 per month for March 2008 compared to $1295/mo the year before. The Median leased price remained about the same at $1200. Homes are renting fast this March. The average days [...]

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Austin Eviction Aftermath and the Cost of Rental Property Turnover

April 19, 2008

Last Tuesday my tenants did not show up at Eviction Court, so I was awarded possession of the property. Afterwards, I immediately drove to the property to find it trashed, as expected. I own this particular property. The tenants had lived there since 2001 and had been good tenants until about a year ago when [...]

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New Crossland Real Estate Website and Blog – All Wordpress Now

April 18, 2008

After spending the past few months redesigning and completely redoing our Crossland Team website and blog, it’s finally done – well, close enough. It’s live and you’re seeing it now. I’m still ironing out some things, but that will always be true with any website, forever. A website is never really done. Whew! It was [...]

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Property Tax Appraisals Rising in Austin Area

April 17, 2008

Home owners will be receiving their property appraisal notices from your County Tax Assessor this month or in May. Most will see value increases due to the continued strong job growth and low unemployment in Austin and surrounding areas. Job growth and employment drives the real estate market more than any other factor. There was [...]

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