Archive Monthly Archives: November 2006

Austin Realtors Advised to Protect Ourselves From Lawsuits

Sylvia returned from a Realtor Risk Management Course yesterday with all sorts of frightening and scary news. This was an MCE course (Mandatory Continuing Education) required to maintain her Broker’s License and the instructor was an attorney. After Sylvia rattled off the list of things we do that the attorney says we shouldn’t be doing, […]

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Posted by Steve
11 years ago

The Problem with East Austin Real Estate

I’m not sure what to think about East Austin. I still don’t recommend it to investors, though I know many investors have done well and are doing well there (selling mostly to other investors and brave young buyers), and I have friends who’ve invested there. One friend of mine purchased a 2 bedroom home a […]

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Posted by Steve
11 years ago

Austin Real Estate Sales Market Update – Oct 2006

The average price of a single family home sold through the Austin MLS is up 10% from October of last year, and we’re up 9% year to date. I created a graph below to illustrate what real estate appreciation in Austin has looked like over the past 7 years. As you can see, we enjoyed […]

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Posted by Steve
11 years ago

Texas Home Prices Show Increase

(Dallas Morning News) – All of the Texas cities tracked in a recent survey by the National Association of Realtors had increases in home prices in third quarter 2006. Statewide prices were up 8.6 percent, one of the largest such increases in the country. The biggest jump was in El Paso, which was up 14.3 […]

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Posted by Steve
11 years ago

Austin Million Dollar Homes

Below is a link to a news segment from News 42 Austin profiling the Austin real estate market for homes that cost 1 million dollars or more. The news story plays up the $1M+ market, indicating a swell of demand for homes in that range. It’s an interesting story not only about the Austin real […]

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Posted by Steve
11 years ago

Austin Rental Market Update – October 2006

Austin’s rental market for single family homes looks like it might finish the year with a slight upturn from last year. This would break a four year downward slide in Austin rental rates that started in 2002 after the tech bust and 9/11. We still have November and December to factor in, but we’re a […]

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Posted by Steve
11 years ago