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Austin Real Estate Guy Blog

This is a blog about Austin real estate market conditions, statistics and anything else happening in the Austin area area that might impact the real estate market here. Every so often I will throw some unrelated stories in so please come back often.

May 2008 - Posts

High Gas Prices and Home Buying
I had a conversation with another couple of agents the other day about the cost of gas. The conversation turned to home buyers. What was discussed was whether or not home buyers will start to look closer to places of employment rather than areas they Read More...
Is the Housing Crisis Over?
I read a Wall Street Journal recently that gave reasons to believe that the national housing crisis is over. Click here to read the article. The article talks about inventory dropping and prices having dropped a huge amount. It also talks about people's Read More...
Selling Your House
If you are selling your house and have not had that experience before or in a while, there are quite a few things you should know. I have a pretty extensive description of what you need to know when selling your house on my Austin real estate website. Read More...
2008 Austin Parade of Homes
The 2008 Austin Parade of Homes is in the subdivision of Rough Hollow in Lakeway. Sitting on the Rough Hollow Cove of Lake Travis, all of the homes have lake frontage. There are six homes by various custom builders in the Parade. I am working the Jenkins Read More...
New Homes in Austin TX
If you have read my last two posts, you will know that homes sales in Austin have slowed. Now homes in Austin have sat longer and longer and as a result, builders have slowed starts dramatically. For example, the subdivision of Apache Shores has a lot Read More...
Austin and Other Markets Performance
I posted a little while ago about how Austin has slowed and how much of it is due to buyers not buying here yet as they have not sold in other markets yet. I heard from Jay Thompson that the Phoenix had a net increase in homes sold in April from a year Read More...
Other Markets Hurting Austin
If you have followed the news or Austin real estate blogs like this one at all, you know that the Austin real estate market has cooled. With an annualized job growth of 3% and unemployment around 3.6%, you wouldn't expect a slow real estate market. Read More...
Compact Flourescents and Energy Savings
Last summer I got rid of almost all of my regular light bulbs and replaced them with compact fluorescent bulbs. The bulbs were about four times as expensive as regular bulbs, but I have really liked the savings. My electric bill in an all electric, 1600 Read More...
Austin Home Sales Continue to Slow
The latest stats from Alamo Title are out and here they are: April 2008 - Units for Sale: (compared to April 2007) New listings were up 48.05%. Pendings were down 67.04%. Solds decreased by 17.31%. As for Average Prices: The "New Listings" average Read More...
Krause Springs
I went out to Krause Springs today. This is a place I had never visited and I wish I knew about it when my kids were small. We would have visited a lot. It is said that a picture is worth a thousand words. Well, here are a few thousand words for you: Read More...
Been to the Oasis Lately?
This is the view from the Oasis Restaurant high above Lake Travis. Amazing, isn't it. This is the view from the Oasis looking toward Comanche Trail. This shot really gives you a good idea of how high above Lake Travis the restaurant is. This photo Read More...
ABoR - Is It a Single-Family or Condo?
A conversation started at a multi-agency property tour I attended today that got a lot of people fired up. The particular subdivision being discussed is one that I will not mention by name. It is an area in which there are several groups of properties Read More...
Fedex Kinko's Classic Returns to The Hills of Lakeway
The Fedex Kinko's Classic is back at The Hills Country Club. Starting with some ProAm golf yesterday and today, the bulk of the play that everyone will want to see will be over the weekend. Preparation for this year's Classic got a little spooky Read More...