Austin Housing Market Update – Midyear 2011

Homes values in Austin are trending up overall. This graph shown below can be deceptive though, because market activity is highly localized within pockets and neighborhoods. Let’s have a look and I’ll discuss further below.

It’s impoortant to understand what a graph like this is and what it isn’t. It’s not an indicator of the value of your specific home. Many homes in Austin still won’t sell for the price they sold for in 2007. Many will sell for more now. It’s very dependent on activity and demand in your local area.

We recently listed a home in Avery Ranch at a farily agressive price and had multiple offers right out of the gate. That actually

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What Does it Take to Succeed as a Realtor?

I was at the TAR (Texas Association of Realtors) Winter Meetings in Austin yesterday. One of the events I dropped in on was the Professional Development Open Forum. It was announced at the forum that the Texas Association of Realtors is going to start providing a pre-license course for those thinking of obtaining a real estate license in Texas.

The course will provide an opportunity for those thinking of becoming a Realtor to get the straight skinny on what being a Realtor in Texas is really all about.

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Building Wealth in Residential Real Estate

Part 1 and part 2 of our series on investing discussed reasons why today’s market is a great time to begin a career in residential rental real estate. This edition will explain things to look for in acquiring properties and put some real numbers behind expected cash flow and appreciation for your investment.

The first step in building wealth through residential real estate is buying the right properties. Location, as always in real estate, is extremely important. Renters like safe neighborhoods, so do research on the area and even walk the neighborhood at night to see what it’s like. Col

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Austin House Hunting Gets Boost from Daylight Savings

If you’re currently searching for a home in Austin – not online but physically touring homes with an Austin Realtor – you know that one of your biggest limitations is available daylight time. That’s about to change over Spring Break as we move to daylight saving.

Starting in Early November each year, sunset happens before 6PM. That makes looking at homes on weekdays after work nearly impossible. Buyers don’t like looking at homes in the dark. Tonight, sunset will be around 6:30PM but, starting tomorrow, you’ll have an extra hour of daylight to view homes with sunset after 7:30PM. By mid Apri

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