Archive for Austin Real Estate Information
Handyman Special in Northeast Austin
I recently came across this bank owned foreclosure and handyman special in the Copperfield subdivision at 11929 Tobler Austin TX 78753. The property needs work but is priced well below market and the guess here is that it could be had for less than the asking price. The current tax appraisal on it is $101,583. If [...]
The Numbers Say Now is the Time to Buy!
Did you know that there are 13,497 homes on the market in Austin Texas? Compared to the 11,490 that were on the market last year at this time. That represents an increase of 17%! That coupled with the 20% decrease in pending sales and 26% decrease in sales for July 2010 it make s for [...]
The Numbers Indicate It’s A Great Time To Buy North Austin Real Estate
Those of you who have been following our posts know we have been saying for a while that this is a great market to buy real estate in Austin. Inventory in many of the prime North Austin MLS areas has now risen above the magic 6 months of supply. In our monthly North Austin Market [...]
North Austin Open House
Pre-foreclosure short sale in North Austin open today at 2921 Long Day dr. Austin TX 78754 in the Pioneer Crossing subdivision from 2pm-4pm. Virtual tour.
North Austin Real Estate Market Report July 2010
As reported in our June Market Report home sales in the Austin area continue to decline. The chart below shows that home sales in June 2010 officially came in below 2009 and the numbers for July will reveal volume normally seen in the non peak winter months. Look for the July chart later this month. [...]
Wondering Why Your Home Isn’t Selling?
As the summer home selling season comes to a close many home sellers in North Austin may be wondering why they have not sold. As simple as it seems it all boils down to price, condition, marketing and location. The two biggest issues I feel are price and condition. If a home is priced properly [...]
Now Is The Time to Buy In North Austin
For those that have been putting the idea of buying a new home off, you may want to rethink your strategy. All the current date suggests that the second half of 2010 may represent the best buying opportunity in years. While historicaly low interest rates in the 4.6 % range on a 30 year note for [...]
More Great News For Home Buyers
We have some great news in the home buying world, and we want to make sure to share it with you. For the second week in a row, mortgage rates are at 25 year lows. I checked the rate today, and it’s averaging at 4.70%! What does this mean for you? It means that you [...]
North Austin Real Estate Market Report June 2010
While the deadline to close transaction from the April 30, 2010 tax credit has been extended, it’s my opinion that the majority of those deals have now closed. Those transaction that are lingering are either due to homes not being ready from the builders or lender issue (any many deals with lender issues may never close). When [...]
North Austin Neighborhood Showing Signs Of Slowing Market
I have been actively listing and selling homes in the North Austin subdivision of Copperfield since 2003. As a result, I consider myself to be an expert in the subdivision. While reviewing the active and pending listings as of July 19, 2010 I have noticed a trend which indicates to me the market is slowing down quickly. [...]
