Austin Real Estate Market Update Aug 2018

The Austin real estate market has begun to level off and slow down a bit, but that fact is not yet fully reflected in the market statistics, other than Days on Market creeping up. Nevertheless, Median Sold price is up to $322K, an increase of 8% over August 2017. I see more price drops coming […]

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Posted by Steve
a couple of weeks ago

How to Save for a Home Purchase In Austin TX

Austin median home values 2008-July 2018

Historically in Texas, homes have appreciated at 4.5% annually (according to Texas A&M Real Estate Center). This is the expected appreciation we use when making real estate investment assumptions as well. For example, a $200,000 home would increase in value to $209,000 if appreciation was 4.5% for that year. If you wanted to save for […]

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Posted by Steve
last month

The Growing Acceptance of Real Estate Value Inaccuracy

What is my Austin Home Worth

What is your Austin home worth, right now? When considering a sale, it’s generally worth “market value”, defined loosely as the highest price a buyer would pay, and that a seller will accept in an open, competitive market. This assumes neither buyer nor seller are under any undue stress or duress external to the transaction […]

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Posted by Steve
11 months ago

The Austin MLS Now Has a ‘Coming Soon’ Status

Coming Soon listings shown in pink

Update August 2018: The Austin Board of Realtors has Discontinued use of the Coming Soon Status. It caused more trouble that it was worth. Austin Realtors can now enter For Sale listings into the Austin Central Texas MLS before the listing is ready for showing. For up to 14 days prior to the “Active” date. […]

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Posted by Steve
a couple of years ago

Is Live Answer Worth the Investment for Businesses?

Do missed calls cost money?

As the owner of a business where 100% live answer is not possible or cost effective, I do receive my fair share of angry voicemails from people wanting to talk to a human right now. It’s kind of interesting actually. I received this one just recently. Many would just delete it, as I usually do […]

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Posted by Steve
a couple of years ago
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