Tag Archives forAustin Real Estate

Mortgage Rates Drop Below 6%

Loan rates are back in the 5%s and may keep falling. I’m not sure if this will create any notable demand increases in Austin, but buyers and investors do at least perk up when rates drop below 6%. On the downside, the “number of loans” limit recently fell from 10 to 4, meaning if you […]

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Cheaper Austin Homes Staged Better than Higher Priced Homes

I’ve been previewing and showing homes in a variety of price ranges and areas of Austin lately. Would you believe currently that homes in the $150K price range in Cedar Park and Leander are staged better and show better than homes $300K-$400K┬áCircle C and SW Austin? Well, that’s what I’m seeing the past couple of […]

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The Reputation of Your Austin Realtor Matters

An Austin Realtor who works with buyers in south Austin has brought the buyers for three of our listings in the past 6 months. Sylvia commented to me yesterday that when the agent called to say she was bringing another offer, she told Sylvia “I was so happy to see that it was your listing […]

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Austin Real Estate Market Update – July 2008

The average sales price for houses in Austin in July 2008 remained about level, decreasing slightly (0.05%) to $262,114. The number of failed sales efforts (expired or withdrawn) was 42%, which is a large number. Days on market continues to climb also, to 60 days average on market and 39 median days on market. Those […]

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Consumer Reports Flawed Realtor Survey

There has been a lot going around about a recently published consumer reports survey of home buyers and sellers. I take these type of surveys with a grain of salt, but I don’t ignore them, especially when the information provided is so obviously incorrect. The survey says: Most people still close the deal. Eighty-six percent […]

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