Austin Real Estate Blog

Austin Real Estate market stats, market updates, investment information, and related info. Provider: Crossland Team Feed Type: Residential [report]

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Repair Negotiations - What is Reasonable?
I continue to be amazed at the number of agents who cannot grasp a simple concept when it comes to repair negotiations and who respond to reasonable, normal requests as if the sky is falling. My concept of reasonable is, in a nutshell, what would an ordinary buyer and seller ...

Austin Rental Market Update - July 2008
The Austin TX rental market continues to do well overall. Rents are steadily rising for the third year in a row after falling for 4 straight years (2002 through 2005). Average rents for homes in Austin for July 2008 were $1,493 per month. Year to date the average rent is ...

The Reputation of Your Austin Realtor Matters
An Austin Realtor who works with buyers in south Austin has brought the buyers for three of our listings in the past 6 months. Sylvia commented to me yesterday that when the agent called to say she was bringing another offer, she told Sylvia "I was so happy to see ...

Austin Real Estate Market Update - July 2008
The average sales price for houses in Austin in July 2008 remained about level, decreasing slightly (0.05%) to $262,114. The number of failed sales efforts (expired or withdrawn) was 42%, which is a large number. Days on market continues to climb also, to 60 days average on market and 39 ...

Understanding Your Economic Stimulus Payment
I received this nice letter from the IRS called "Understanding Your Economic Stimulus Payment". I got out a calculator to arrive at my own understanding and, from what I can tell, my stimulus award was taxed at a rate of 92.17%, which is the percentage of the $1,800 total that ...

All About GFIs and T&P Safety
By Bob Petersen, Precision Inspection This month I am going to discuss two of the more critical mechanical components of a house, the ground-fault interrupter (GFI) and the temperature and pressure relief valve (T&P). GFI's (also called gfci for “ground fault circuit interrupter“) are generally found only on homes of relatively ...

Consumer Reports Flawed Realtor Survey
There has been a lot going around about a recently published consumer reports survey of home buyers and sellers. I take these type of surveys with a grain of salt, but I don't ignore them, especially when the information provided is so obviously incorrect. The survey says: Most people still close the ...