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A few days ago the Austin Chamber Of Commerce published a very good summary of employment and unemployment in the Austin area … worth reading. Continue reading
I am often asked, “What’s the average price per square foot in Austin?” Here’s the REAL answer! Continue reading
Sales between $120,000 and $160,000 represented less than 10% of market activity in 2011 and 2012. At the same time, sales between $200,000 and $400,000 have become well-established contributors to our market over the past few years, representing 34% of sales in 2011 and 36% of sales so far in 2012! Continue reading
The strength of the Central Texas real estate market continues …. Listing inventory is down, representing just a 4-month supply — solidly in seller’s market territory. The monthly unit sales pace is still about 20% lower than the peak of the market cycle in June 2006, but is almost 24% higher than the same month last year. Continue reading
CowParade Austin — what a great, fun way to raise money for the kids! 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.
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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
Austin is ranked #2 in this study of “markets to watch” in 2012 Continue reading
What fields offer the most abundant employment opportunities in Austin? Continue reading
