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The Business of Real Estate

This category contains 97 posts

Emerging Markets Index

The Emerging Markets Index has identified the top 10 cities/metros that are benefiting most in the current economy. Austin is #2 but you’ll be surprised by the diversity of the entire list. Continue reading

A new, exciting role — C2EX Ambassador!

After many years of working to improve professionalism in the real estate indusstry I am proud to be chosen by NAR as one of the first C2EX Ambassadors. Continue reading

Part of the Supply solution?

Local land use policies and zoning decisions can help to expand the types and prices of housing available. Here’s a look at some relevant history in the Austin area. Continue reading

New home construction in Austin still growing

As a result of the high demand for single-family housing, the Real Estate Center projects an increase in sales by 6.4 percent with a lift of 5.2 percent per square foot price. Austin will still lead the state in sales and price increases, expecting a 9.2 percent growth in sales and a 7.9 percent growth in price per square foot. Continue reading

Confidence from RE/MAX Founder

“No doubt the industry is changing, as it always had in my 50 years of experience, but the constant that I see through all this time is consumer preference for quality brokers and agents.” Continue reading

Pricing to Sell

Buyers may begin to think that if a listing lasts too long there must be something wrong with the property. They may make a discounted offer or simply choose not to see it at all. Both options cost sellers real money. Continue reading

Thank you to my clients!

I received this message a couple of days ago, and I want to thank all of my clients who have participated in the surveys that allowed me this privilege for 8 consecutive years … Continue reading

Investing? Compare different parts of the Austin metro …

Every investor has his or her priorities, property management style, risk tolerance, and target market, and with experience comes to understand the financial trade-offs that may be required by a chosen strategy. Here’s one tool to help compare opportunities. Continue reading

Tax appraisals are here! Now what?

If you own real property in Texas, you have probably received your 2017 Notice of Appraised Value.  If you haven’t, it won’t be long. Question:  What does that Notice tell you? Answer:  The appraisal district’s estimate of the market value of your property as of January 1, 2017.  If you have exemptions, it will also … Continue reading

More about interest rates — what can you buy?

Assuming reasonably healthy economic conditions in the U.S. and internationally, mortgage rates will eventually rise. Sellers will continue to sell, and buyers will continue to buy, in virtually any interest rate environment, and rate changes will impact both. It is worth understanding and planning for, though. Continue reading