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Sellers got love from buyers this Valentines

I hope all of you had a fantastic Valentine’s Day and got your share of love.  Central Austin sellers certainly did! The market is heating up, and buyers are courting sellers with money, sureness of deals, and whatever else a seller might want.  To illustrate, in the under 500k range we saw 1 home with 30+ offers and another home with…

Coming Soon at 4909 West Frances 78731

In the next couple of weeks we will have a new listing on the MLS. It’s a 2 story 4 bedroom, 3 bath pier and beam home with wood floors, lots of natural light, a larger yard (for the area) on a street with sidewalks, beautiful trees and really close in to downtown. We are…

Here I go with predictions for the Austin Real Estate Market! And suggestions…

One month into 2015 buyers are busily looking for homes while sellers are still getting their homes ready for market. So, for my monthly market update, there is no real action yet but it’s coming. The number of homes available to choose from is still really low and we are all just waiting. Guess it’s…

Everyone (myself included) has predictions for Austin Real Estate in 2015

  There was a second report from Fitch Ratings saying Austin’s housing market is 20% over priced and this one predicted a slight decline in Austin home prices for 2015.  The Fitch report cites the cost of living in Austin vs. the rest of the state and our exposure to oil prices falling. If you…

Field notes 3/2’s under 500k in Central, North Austin

I went out today and saw most everything that was a 3/2 under 500k in Central, North Austin. These are my field notes. Hope you enjoy. The ones with stars next to them are properties that I thought might be worth you taking a look at. 4605 Beechwood – small lot, needs updating. Wall paper,…

What Happens in a Buyers Market

What happens in a buyer market? Last month we explored if Austin was in a real estate bubble or not. I don’t think we are. I think the earliest we can expect to see one is 2016. All the same, maybe it’s a good time to explore what happens when we do eventually find ourselves…

What’s a Market Snapshot?

What’s a market snapshot? Market snapshot offers a quick look at market activity around a property (including recent sold prices).  You might want to use this tool to get an idea of value for a home you own or one you might want to buy. We offer this free to you. In exchange we hope…

8 Central Austin homes under 650k

Was surfing the MLS searching for 3/2’s and better under 650k in Allandale, Crestview and Northwest Hills. These 8 jumped out at me as some of the better offerings. These will sell but thought you guys might like the intel.

3 good homes under 300k in North Central Austin

Today I went out house hunting for nice homes under 300k. Thought you might like to hear about 3 of them. (The rest did not make the cut) details of the 3 good homes under 300k These are my thought on them – pro’s and con’s The one at 5804 Avery Island  is at a…

Is Austin’s bubble about to pop?

  Austin’s bubble about to pop? Smart people on both sides of this argument are disagreeing. Let’s explore this. Trulia’s position Trulia’s Jed Kelko writes that Austin is the most overvalued market in the nation. He cites fundamentals:  price-to-income ratio, the price-to-rent ratio and prices relative to their long-term trends. I read that as the…