You're reading...
Market News and Trends

A little more on foreclosure sales

This article from NAR summarizes RealtyTrac’s Q3 2012 U.S. Foreclosure and Short Sales Report:

Foreclosure Sales Increase 21 Percent in Third Quarter

I won’t try to summarize that summary — it’s a short article and worth a read if the topic interests you.

I will, however, offer this quick comparison between Austin’s recent foreclosure sales experience and the national average:

Foreclose Sales 3Q12

In an earlier post about the Foreclosure Monthly Trends Newsletter, I provided similar comparisons, and commented that foreclosures represent just 3.4% of Austin-area listing inventory at this time — very different from the situation in many cities, even as their situations improve.

About Bill Morris, Realtor

More than thirty years of business experience (high tech, client service, business organization and start-up, including many years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs: -- Seller Representation is a comprehensive process that begins with thorough market analysis and consultation, continues with properly staging the home to achieve the highest price possible in a reasonable time on market, a complete program of marketing and promotion, ongoing updates and communication, closing coordination, and follow-up throughout (and after) the sale. -- Buyer Representation is also full service: shopping, previewing, price and market consultation, contracting, negotiating, coordination of inspections, appraisals, repairs, and closing details, and follow-up beyond the closing of your purchase to ensure your lasting satisfaction. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That's why I constantly research the market and property values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: