October 2009

Gabardine, You’re no Shady Hollow

October 26, 2009

I was reading an article about a new subdivision in South Austin yesterday and was struck by the blatant misrepresentation of the neighborhood. The new subdivision is called Gabardine and is located on Frate Barker Rd. Frate Barker connects Manchaca Rd. and Brodie Ln. The article states: “Gabardine is a unique community in the sought-after [...]

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Want to Avoid an HOA Neighborhood in Austin? Be Careful

October 21, 2009

In early 2007 I got fed up with the deed restriction violations in my SW Austin neighborhood. This was a neighborhood with no Home Owner’s Association, and thus, no formal enforcement mechanism to keep bonehead neighbors in line. This all came to a head when one neighbor decided to install a mobile home on their [...]

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Austin Real Estate Market Update – Sept 2009 Stats

October 13, 2009

Austin Real Estate sales values for September 2009 are even (up 0.04%) with the same month last year. The number of homes sold is actually up 0.61% from the same month a year ago, no doubt due to a surge in the lower priced homes caused by the $8,000 home buyer tax rebate. More on [...]

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Who is Really Getting the $8,000 Tax Credit in Austin?

October 11, 2009

As the November 30 closing deadline for “first time” home buyers in Austin and across the U.S. approaches, buyers are creating price bubbles in South Austin in the sub-$200K range. Perhaps other areas as well, but I work South Austin mostly so it’s the area with which I’m most familiar. We have one buyer who [...]

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