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January 31st, 2012 2011 Year in ReviewAccording to a report released on January, 20th, by the Austin Board of REALTORS®, single-family home sales in December, 2011 outpaced the same month of the prior year for the seventh straight month in a row! And, year-end figures show tremendous momentum for the Austin real estate market as we head into 2012. November 30th, 2011 Austin Area Home Sales Increase by Over 19% in October.According to the Astin Board of Realtors, sales of existing homes in the broader central Texas area increased by over 19% in October, 2011, when compared to October 2010. (click here to read more.) October 31st, 2011 Selling My Home During the Holiday Months (Oct, Nov, Dec)I'm often asked if putting a home on the market duing the holiday months is a good idea. Let's take a closer look at some of the facts, and factors, that can come into play for both sellers and buyers during the months of October, November and December. (click here to read more.)
One of the many ‘trends’ that researches such as those at the Texas A & M Real Estate Center are always on the lookout for is what’s often referred to as an “inflection point” in their data. When a trend is either moving up or down, it’s easy to just say “next month will, or should be a continuation of the trend.” An inflection point occurs when a previous trend clearly has ended and a new one has begun. (click here to read more.) July 24th, 2011 Local Austin Area Real Estate Market Continues to Show Significant Signs of Strength According to the Austin Multiple Listing Service’s May, 2011 sales report that was recently released by the Austin Board of REALTORS®, even though the overall volume of single-family home sales decreased year-over-year by just over 8% to 1,891 units (from May of last year), the median price of Austin area homes sold increased by just over 4%. (Click here to read more.) May 15th, 2011 Recent Trends in Home Buyer Preferences Show Smaller Homes Gaining Momentum A trend I’ve noticed with buyers that appears to be gaining momentum over the past few years is that while they're looking for smaller houses (“right sizing” is the term most often heard as opposed to “downsizing”) they are also beginning to focus more and more on ‘lifestyle’ choices such as outdoor living spaces, higher-end interior design elements, and other upgraded amenities. (click here to read more.) April 6th, 2011 Austin Housing Forecast for 2011 The much anticipated Austin housing forecast for 2011 is predicting a slow improvement through the first two quarters according to The Economist. The uptick will likely begin in the third quarter and pick up momentum in the fourth, positioning the opening months of 2012 to be prime for listing a property.
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