austin

Popcorn Ceilings – Are They Really So Bad?

April 10, 2011

As I was suffering with allergies last month, praying the medicine would work, and wishing I could at least start to half-breath again, I took respite on my living room sofa and laid there for a while, like a zombie, staring at my ceiling, meditating and trying to will my sinuses into operation. As I did so, I [...]

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Austin House Hunting Gets Boost from Daylight Savings

March 12, 2011

If you’re currently searching for a home in Austin – not online but physically touring homes with an Austin Realtor – you know that one of your biggest limitations is available daylight time. That’s about to change over Spring Break as we move to daylight saving. Starting in Early November each year, sunset happens before [...]

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Austin Craigslist – A Real Estate Advertising Sewer

March 8, 2011

We don’t post ads on Craigslist. I’m not sure why any informed buyer, renter or seller would use Craigslist in Austin anymore, as it’s become a sewer of real estate scams and spammy garbage ads. If that’s not bad enough, Craigslist real estate ads in Austin represent the #1 subject of Ethics Complaints at the [...]

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Austin Real Estate Market – 2010 Breakdown by MLS Area

February 20, 2011

Below is a chart breaking down the 2010/2009 sales comparisons by MLS Area for the Austin real estate market. This time I’m adding a couple of new things. First, there is color coding on each of the summary rows for each area. A green shade indicates “improvement” in the measured metric. I put “improved” in [...]

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What Does it Take to Succeed as a Realtor?

February 13, 2011

I was at the TAR (Texas Association of Realtors) Winter Meetings in Austin yesterday. One of the events I dropped in on was the Professional Development Open Forum. It was announced at the forum that the Texas Association of Realtors is going to start providing a pre-license course for those thinking of obtaining a real [...]

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Austin Real Estate Market – Year 2010 Summary and 2011 Predictions

February 6, 2011

The Austin real estate market finished 2010 with increased overall sales prices. The market is roughly a bit higher than the peak 2007 values. See the graph below for an illustration of Austin home sales values from 1999 through 2010. The graph can be deceiving though. It simply represents the cumulative data from all MLS [...]

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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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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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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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