Archive Monthly Archives: April 2009

Austin Rental Market Update – March 2009

Average rents in Austin have taken a slight dip for the first quarter of 2009. The number of rented homes is up 11% over the same three months a year ago, no doubt due to the fact that many sellers are opting to rent instead of dropping prices below their bottom dollar. This creates additional […]

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Posted by Steve
10 years ago

Are Price Reduced Homes the Best Deals?

An interesting news announcement came to me the other day. The title was “Trulia Introduces ‘Hair Cut’ Search Engine”. This is a new feature that allows someone searching for real estate listings on Trulia to weed out listings that haven’t had a price reduction, and thus view only listing that have had a price reduction. […]

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Posted by Steve
10 years ago

Should Realtors take over priced listings?

Sylvia and I have turned down some listings recently. We only take listings we think we can sell. The result is, in a market where half of all listings end up Expired or Withdrawn, we just had our first Withdrawn listing in a couple of years last month. And that was because the owner rented […]

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Posted by Steve
10 years ago

Austin Real Estate Market – March 2009 Update

The average and median sold prices in Austin are down for March 2009, which extends a streak of 7 months in a row during which average home sales prices in Austin have been up, then down, then up, from the month before. The market does seem to be establishing a slight down trend, because the […]

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Posted by Steve
10 years ago

Austin Economic Forecast for 2009/2010

I’ll be attending the Angelou Economics Austin Economic Forecast today, hosted by the Oak Hill Business and Professional Association. This is a rerun of the presentation presented earlier in the year (but which costs $270 to attend). The power points and information are posted up on the Angelou website, but I always appreciate the question […]

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Posted by Steve
10 years ago