Archive Monthly Archives: August 2005

What your real estate offer really buys you

House Sold Sign Photo

Once your real estate offer in Austin TX has been accepted, have you just purchased a home? If you are a seller, and have just accepted a real estate offer, have you just sold your home? The answer to both questions is, not necessarily. Let me explain. Buying real estate in Texas is a two […]

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Posted by Steve
13 years ago

Austin Home prices on the upswing

The article below, from this morning’s Austin American-Statesman, does a good job of articulating what I have been noticing as the Austin real estate market starts to awaken from the past 3 or 4 years slumber. The last two offers I wrote were multiple offer situations – 3 offers on one home and 4 on […]

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Posted by Steve
13 years ago

Rental rates, occupancy to rise in local Austin rental market

Home with for rent sign in yard

Although the article below specifically references apartments, the single family and duplex rental markets generally run parallel to whatever is happening in the multi-family rental market in Austin. Rental prices in turn have an effect on home prices. In general, this is more good news for Austin real estate investors and sellers alike. Source: Austin […]

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Posted by Steve
14 years ago

Another Real Estate Bubble Prediction

Real Estate Bubble

Robert J. Shiller is arguing that the housing craze is another bubble destined to end badly, just as every other real-estate boom on record has. Lately, most of the news I read, hear and see about the Austin economy and Austin real estate market is positive. I write about and quote this information here online […]

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Posted by Steve
14 years ago

Responding to Lowball Real Estate Offers

Lowball Real Estate Offer

Austin Real Estate Agents disagree on the best negotiating strategy for responding to lowball Real Estate offers. There are two general camps of thought. One philosophy says that the amount of an initial offer doesn’t matter, and that the seller should always respond to any offer with a counter-offer of the lowest ‘bottom dollar’ price […]

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Posted by Steve
14 years ago

Austin-area home sales still robust

From today’s Austin Statesman, more good news for Austin sellers who have been waiting the past several years for the market to rebound. By Kate Miller Morton AMERICAN-STATESMAN STAFF Thursday, August 18, 2005 Central Texas homes are selling in record numbers so far this year, and the buying boom shows no sign of waning. Sales […]

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Posted by Steve
14 years ago
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