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Real Estate News and more...
Austin Real Estate Market Continues to Show Momentum thru February
Get the Full Report here....
Homestead Exemption Requirements Have Changed. To find out what
FEBRUARY 22, 2012
The Austin Board of Realtors just released market statistics for January 2012. The information
is published below. Personally, I've observed that we are currently experiencing a Seller's market
with inventory low and demand high.Many homeowners chose to take their homes off the market
over the holidays and are just now deciding whether or not to re-list. If you are considering selling
your home, do not hesitate. NOW is the time - BEFORE everyone else jumps into the market.
Call me for a personalized evaluation of your home complete with my estimate of your final sales
price and timeline needed to sell. I'm looking forward to hearing from you...
Know Your Stuff
February 13th, 2012
If you had the misfortune of suffering a major loss from fire or natural disaster, would you be able to remember everything you own in order to make a claim for loss of personal property? This is one of the most difficult parts of the recovery process. If you know someone who lost a home in the wildfires last year, you and they know the issue first hand.
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One of the many ‘trends’ that researches such as those at the Texas A & M Real Estate Center are always on the lookout for is what’s often referred to as an “inflection point” in their data.
When a trend is either moving up or down, it’s easy to just say “next month will, or should be a continuation of the trend.” An inflection point occurs when a previous trend clearly has ended and a new one has begun.
(click here to read more.)
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According to the Austin Multiple Listing Service’s May, 2011 sales report that was recently released by the Austin Board of REALTORS®, that even though the overall volume of single-family home sales decreased year-over-year by 8% to 1,891 (from May of last year), the median price of Austin area homes sold increased by just over 4%. And that is definitely good news if you’re looking to sell!
(click here to read more.)
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A trend I’ve noticed with buyers that appears to be gaining momentum over the past few years is that
while they're looking for smaller houses (“right sizing” is the term most often heard as opposed to
“downsizing”) they are also beginning to focus more and more on ‘lifestyle’ choices such as outdoor
living spaces, higher-end interior design elements, and other upgraded amenities.
(click here to read more.)
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A trend I’ve noticed with buyers that appears to be gaining momentum over the past few years is that
while they're looking for smaller houses (“right sizing” is the term most often heard as opposed to
“downsizing”) they are also beginning to focus more and more on ‘lifestyle’ choices such as outdoor
living spaces, higher-end interior design elements, and other upgraded amenities.
(click here to read more.)
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This past month final nationwide data became available from the 2010 US Census for the entire United States. And
there’s some great news included for Austin! Among the over 100 Metropolitan Statistical Areas (an “MSA” is a “metro” area with over 500,000 in population) Austin was the fifth fastest growing area during the past decade!
(click here to read more.)
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