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From today’s electronic edition of the Austin American-Statesman: Housing market still a stabilizing force for Austin’s economy
It is a statistical fact that the average sale price in July 2012 was 24% higher than in January 2012, and the median sale price increased by 21% over the same several months. Those numbers need some clarification, though, lest my readers think we have entered a California-style housing bubble. Continue reading
It has been such a busy year in Austin real estate that I haven’t made time to write for months. An update on my Market Dashboard seems a fitting place to start. Continue reading
One of many reasons I am proud to be part of this organization … Continue reading
CowParade Austin — what a great, fun way to raise money for the kids! Continue reading
There are many websites that offer “automated” estimates of home value, but this important process still needs the human touch. If you’re considering the sale of your home, consult a professional, and choose carefully. Continue reading
This is more than just interesting. It is vital to confidence in private property rights, a foundational principal and a huge part of what makes the United States the United States. Especially if you work in the mortgage industry or the title insurance industry, please comment. Continue reading
There is an obvious upward trend overall from 2008 through 2011, and the shape of this curve in 2011 looks very much like pre-bubble 2005. Year-to-date dollar volume in 2011 (January through September) is just 2% lower than the same period in 2005.
Continue reading
Anyone who has been in the real estate business is well aware of the requirement to “disclose, disclose, disclose” everything you know or think you know about the condition of your home when selling. Not only is it the right thing to do, but it is the best protection against this kind of horrible surprise. Continue reading
Austin’s “slow and steady” performance during the recession means that a dip compared to last year’s very unusual July price spike should not be surprising. The longer-term view remains encouraging. Continue reading
