2010

Which Demographic Can’t Wait to Leave Austin?

October 9, 2010

I’ve taken an informal poll of a certain group of long-time Austinites, and 4 out of 5 surveyed desperately want to leave Austin .. before September 2011. Who are these crazies? High school seniors who are born and raised in Austin. My own kid is one of them. Born at Brackenridge hospital, schooled for eight [...]

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Austin office market back to pre-recession levels

October 6, 2010

This from the Austin Business Journal today, Austin office market back to pre-recession levels. Let’s review a few snippets from the news article. The Austin office market saw a trifecta of positive developments in the third quarter with a dramatic boost in absorption, decrease in sublease and large corporate move-ins. The shift is the best [...]

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Does the Austin Lifestyle Keep us all Feeling Younger?

October 3, 2010

Sylvia and I attended a friend’s birthday party last night at a local restaurant. We were among the oldest people there, but we blended in just fine. I met a college guy who just recently graduated McCallum High. Our friend is in his mid 30s and the crowd of guests ranged from young 20s to [...]

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Realtor Success, Girl’s Volleyball, Eating Frogs and Pareto

September 24, 2010

Five years ago when my oldest daughter started middle school volleyball, I declared to her after observing a few matches that I could coach a winning team by doing just one thing. I would, I told her, spend every practice having every girl practice serving. 100s of serves each, every practice. Not until every player [...]

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Announcing CrosslandProperties.com – Property Management

September 23, 2010

Back in 2005 when Sylvia and I started CrosslandTeam.com and our Austin Real Estate Blog, we were in the process of taking a break from Property Management, having just sold our Property Management company the year before and taken a year off from real estate altogether. When we started back, we only brokered sales, mainly [...]

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Austin Real Estate Market Update – Aug 2010 Stats

September 16, 2010

The average year-to-date sold price for homes in Austin is $256K, which just broke through the (peak) year 2007 YTD of $255K. Now, there is a lot of discussion and caveats that must be considered along with this milestone statistic, but nevertheless, look at the graph below for a visual representation of where average and [...]

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Buyer Happiness was Higher in Austin Seller’s Market

September 8, 2010

What makes Austin real estate buyers happy? The answer may surprise you. What apparently doesn’t make a buyer happy is a rock bottom price at a 4.37% interest rate. If that was the case, there’d be far less buyer angst and hand wringing than there is now in the Austin real estate market. We’d have [...]

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Austin Real Estate Market – July 2010 Update

August 18, 2010

The Austin real estate market is chugging through the summer and producing some interesting stats. By that I mean that the stats shown below look better than some of the actual outcomes we are seeing in the market. Some homes are selling fast, at or close to list price, and others are not moving. In [...]

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The Changing Face of Texas – Population Forecast

July 28, 2010

A portion of our Texas Real Estate License dues goes toward funding the Real Estate Research Center at Texas A&M University. The Real Estate Center provides agents with press releases we are allowed to share. Below is the latest, which discusses the demographic shifts and population growth of Texas, both past future. At the bottom [...]

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