From the monthly archives:

October 2008

I Voted Today, Amongst Grim Austin Faces

October 27, 2008

Today between placing a lockbox on a property and picking my daughter up from school, I had about 75 minutes to kill and no productive way to use that time, until I realized I was driving past the Randalls at Brodie and Slaughter Ln. in Southwest Austin. This, I had heard, is the early voting [...]

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The true, honest to goodness, Sold to List price ratio for Austin

October 27, 2008

I noticed something interesting when I was previewing listings yesterday in Austin Lake Estates. Several homes were priced currently at more than $20K below the original list price (which appears at the bottom of the agent listing printout). This made me start wondering about how accurate our reported sold/list price ratio is, so I decide [...]

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Austin Sales Market Stats by MLS Area – Sept 2008 YTD

October 20, 2008

Below are the YTD Sept 2008 stats for Austin homes sales, broken out by MLS area as compared to 2007 sold stats.
Here is a quick summary, the full chart is below.
Number of Sales
Of the 42 MLS areas tracked, the number of sales decreased in 41. Only the UT area had more home sale YTD Sept [...]

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Austin Real Estate Market Update – Sept 2008

October 13, 2008

September Austin real estate stats are below. Average and median prices are doing what they’ve been doing most of the year, which is treading water, trending down somewhat, but most notable is that the expired and withdrawns continue to rise, and for September moved past the 50% mark, meaning over half of the homes that [...]

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HOA Violation Leads to Jail Time

October 13, 2008

This came in my Realtor email newsletter today. It’s a reminder that HOA rules have to be followed, no matter the reaons for not being able to comply.

A 66-year-old grandfather in Bayonet Point, Fla., is doing jail time because he couldn’t afford to replace the sod on his lawn in his deed-restricted community after his [...]

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How to Sell a Home Fast in Austin TX

October 1, 2008

by Sylvia
While I’m finding the market to be a little sluggish overall, I have found a way to sell my listings quicker. I’ve had several in the last few months sell for list price in less than a week! How do I do that? It takes a lot of hard work, preparation and what I [...]

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Austin New Home Sales Update

October 1, 2008

The Austin Business Journal reports that home construction and closings of recently completed homes in Austin remain depressed, but that’s unlikely to bring prices down any time soon.
Home builders started 37% fewer homes in Austin during the 3rd quarter 2008 than they did a year ago in 3rd quarter 2007. They closed 33% fewer homes. [...]

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