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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Why I Dislike Automated Realtor Feedback Systems
I showed homes to a buyer yesterday, and now my inbox is filling with these annoying automated email feedback requests. Each time an Austin Realtor opens a lockbox with the electronic key (or iPhone or Blackberry key), the visit is logged and reported via wireless transmission, sometimes in a matter of minutes. If the listing agent [...]
02/07/2012 11:41 AM

Austin 2011 Real Estate Sales Breakdown by MLS Area
The Austin real estate 2011 sales breakdown by MLS area is below. Most areas of Austin are holding steady. I’ve color coded the results columns of each area to show whether or not that area performed above or below the greater Austin market on whole. For example, let’s look at MLS area “W” (West Austin). [...]
01/29/2012 11:53 PM

Forgetting the MLS Key Really Stinks
No doubt every Austin Realtor has forgotten – or almost forgotten the electronic MLS key when showing a property. That really stinks when it happens. Me and Sylvia are still old school and carry around these horrible devices. The alternative would be to use an iPhone app that requires a small infrared stick that plugs [...]
01/24/2012 11:04 PM

Austin Real Estate Market Update – Dec 2011 End of Year Stats
The Austin real estate market did about what we expected in 2011, which wasn’t much. Basically treading water with some slight improvements, but nothing that represents a notable shift in market activity. Instead, it looks like momentum is building for a breakout year of increased activity and rising prices either in 2012 or 2013. Let’s [...]
01/18/2012 02:27 PM

Seller Should Pay at Least Token Repair Amount
We recently had a transaction where the seller refused to negotiate any repair adjustments. None at all. This is actually not completely unusual, but most of our buyers do receive at least a small amount to offset repair and condition issues that were revealed by the inspection and not disclosed on the Seller’s Disclosure form. [...]
01/06/2012 11:21 AM

Austin Short Term Rental (STR) Update
Almost a year ago I wrote about the Austin Short Term Rental (aka STR, Vacation Rental, VRBO) issues surfacing in the Austin community. That blog article generated 57 comments and a lot of heated back and forth. I eventually had to close the comments for that article because I felt everything had been said that [...]
12/04/2011 02:14 PM

Fitting Into Your Smaller Austin Home
Sylvia and I recently installed new hardwood floors in our entire home. Bedrooms, closets, kitchen, hallway, etc. Everywhere except the laundry room and 2 bathrooms, which received new tile the month before. The process of doing this in an occupied home required a packing and moving of stuff not dissimilar to actually moving. Every part [...]
11/29/2011 11:57 PM