Author Archive for Austin Real Estate Blog
Austin Real Estate Market Update - Oct 2008 Sales
Closed Published by Austin Real Estate Blog November 17th, 2008 on Austin Real Estate BlogThe number of residential single family home sales in Austin took a 28% dip for Oct 2008 compared to a year ago. The number of “Not Solds” (expired or withdrawn) took a big jump also, to 59% of all listings that departed the Austin MLS in October. These are grim …
Redfin Abandoning Failed Model and Moving Toward Traditional Services
Closed Published by Austin Real Estate Blog November 16th, 2008 on Austin Real Estate BlogThe discount Broker Redfin, which I follow with interest even though it doesn’t serve Austin, looks like it’s making yet another move toward traditional real estate services. Rather than facilitating the wholesale disintermediation of the traditional Realtor, Redfin instead continues to adopt more and more of the traditional Realtor approach …
Social Media and the Real Estate Business
Closed Published by Austin Real Estate Blog November 6th, 2008 on Austin Real Estate BlogI was surpised this morning to see “Steve and Linda Crossland” featured as “Blogging Agents” on the Business front page of today’s Austin American Statesman. I’ll be calling Sylvia “Linda” for the next few days, until she has enough of it and threatens me with disaffection. We were not contacted …
I Voted Today, Amongst Grim Austin Faces
Closed Published by Austin Real Estate Blog October 28th, 2008 on Austin Real Estate BlogToday between placing a lockbox on a property and picking my daughter up from school, I had about 75 minutes to kill and no productive way to use that time, until I realized I was driving past the Randalls at Brodie and Slaughter Ln. in Southwest Austin. This, I had …
The true, honest to goodness, Sold to List price ratio for Austin
Closed Published by Austin Real Estate Blog October 28th, 2008 on Austin Real Estate BlogI noticed something interesting when I was previewing listings yesterday in Austin Lake Estates. Several homes were priced currently at more than $20K below the original list price (which appears at the bottom of the agent listing printout). This made me start wondering about how accurate our reported sold/list price …
Austin Sales Market Stats by MLS Area - Sept 2008 YTD
Closed Published by Austin Real Estate Blog October 21st, 2008 on Austin Real Estate BlogBelow are the YTD Sept 2008 stats for Austin homes sales, broken out by MLS area as compared to 2007 sold stats.
Here is a quick summary, the full chart is below.
Number of Sales
Of the 42 MLS areas tracked, the number of sales decreased in 41. Only the UT area had …
Austin Real Estate Market Update - Sept 2008
Closed Published by Austin Real Estate Blog October 14th, 2008 on Austin Real Estate BlogSeptember Austin real estate stats are below. Average and median prices are doing what they’ve been doing most of the year, which is treading water, trending down somewhat, but most notable is that the expired and withdrawns continue to rise, and for September moved past the 50% mark, meaning over …
HOA Violation Leads to Jail Time
Closed Published by Austin Real Estate Blog October 13th, 2008 on Austin Real Estate BlogThis came in my Realtor email newsletter today. It’s a reminder that HOA rules have to be followed, no matter the reaons for not being able to comply.
A 66-year-old grandfather in Bayonet Point, Fla., is doing jail time because he couldn’t afford to replace the sod on his lawn in …
How to Sell a Home Fast in Austin TX
Closed Published by Austin Real Estate Blog October 2nd, 2008 on Austin Real Estate Blogby Sylvia
While I’m finding the market to be a little sluggish overall, I have found a way to sell my listings quicker. I’ve had several in the last few months sell for list price in less than a week! How do I do that? It takes a lot of hard …
Austin New Home Sales Update
Closed Published by Austin Real Estate Blog October 2nd, 2008 on Austin Real Estate BlogThe Austin Business Journal reports that home construction and closings of recently completed homes in Austin remain depressed, but that’s unlikely to bring prices down any time soon.
Home builders started 37% fewer homes in Austin during the 3rd quarter 2008 than they did a year ago in 3rd quarter 2007. …