Archive Monthly Archives: July 2007

Austin renters to pay more late fees with new law

The brilliance of our Texas Legislature is on display again as a new law, HB 3101 which will go into effect Jan 2008, has been passed that will produce greater late fee income for landlords by ensuring that more renters pay their rent late. Undoubtedly, this is not the outcome hoped for by State Representative […]

Read more ...
Posted by Steve
11 years ago

Austin Rental Market Update – June 2007 and Mid-year Stats

Rents continue increasing overall in Austin, as the number of homes rented drops. The average leased price of a home in Austin for June 2007 is $1364 per month, up 7.5% from $1269 in June of 2006. Average days-on-market for homes rented in June 2007 was 41 days. The median days on market was 28 […]

Read more ...
Posted by Steve
11 years ago

Austin Real Estate Market Sales Stats – June 2007 Update

Below are the June 2007 and YTD mid-year real estate sales stats for Austin and surrounding areas. These are for single family homes, condos are not included. The most interesting thing to me on the first chart below for June sales is that the median days on market is 28 days. That means half of […]

Read more ...
Posted by Steve
11 years ago

NY Times writes about Austin Hill Country

Austin’s Hill County sprawl was featured in this New York Times article a few days ago. The article does a pretty good job of outlining the issues facing growth in the fragile Hill Country area west of Austin. This is near the intersection of Hwy 71 west at Bee Caves/620, and further SW toward Dripping […]

Read more ...
Posted by Steve
11 years ago

The Hall of Shame for Worst Realtor Photos

I’ve written in the past about the really bad photos that can be seen on far too many MLS listings. When I wrote this article back in September 2006, someone somehow recognized the house and sent a link to the Seller who in turn informed his agent. That agent contacted me and threw a fit […]

Read more ...
Posted by Steve
11 years ago

Hutto, Kyle among fastest-growing cities

From the Austin Business Journal today. Hutto and Kyle continue to be boom areas, though not areas we recommend to buyers/investors looking for the better appreciation found in the closer in Austin neighborhoods. If I had to pick one of these areas for a first time buyer to consider though, I’d go with Kyle and […]

Read more ...
Posted by Steve
11 years ago