Austin Real Estate | Lake Travis Real Estate

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 list price is down 0.47% to 330,528.  In April 2007 the average list price was ...

I have been getting call and emails asking me to find people great deals since the Austin market is slowing.  Buyers from other markets have been coming and low-balling sellers all over the place.  Is it reasonable to expect a great deal in Austin?  Are things really as bad as the press would have us believe?  Check out the ...

I've been waiting and watching for this.  This is only one week, but I wonder if it is the beginning of the trend I have been expecting.  From Alamo Title Co.:Week in Review:March 2 - March 8, 2008(compared to the same week in 2007)New listings up 74.22%Pendings are down 65.11% Solds are down this week by 16.67% As for ...

From Alamo Title Co. for the month of February, 2008:Units for Sale: (compared to the same month in 2007)New listings are up by 58.04%. Pendings are down 12.37%.Solds decreased by 26.88%. As for Average Prices:The "New Listings" average list price is up 4.94% to 313,233.Sold average sales prices increased 0.33% to $233,015 ...

I just got the latest Austin real estate market statistics from Keller Williams showing the number of units sold by MLS area.  This compares 2007 to 2006 and shows a slow-down in most MLS areas.  To make more sense of this, click to see an Austin MLS map.  You will want to enlarge the view in your browser in order to see things ...

As I sit this morning after having read the newspaper, I am reflecting on how Austin’s economy and housing market are doing compared to back in 2001.  That was when our tech-heavy economy went in the tank after the national tech bubble burst.  That also caused the area’s housing market to take a big hit.That was a time during ...

 October 7 - October 13, 2007 (compared to the same week in 2006)New listings up 42.39%Pendings are up 34.72% Solds down 13.89% As for Average Prices: Oct 7 - Oct 13, 2007(compared to the same week in 2006) The "New Listings" average list price increased 4.45% to $289,359.  In 2006 the new listing average list ...

I ran some numbers this afternoon to support a discussion that fellow agent Phil Walthall and I were having today.  What we were discussing was the decline in Austin area home sales, but that prices continue to rise.  If you are into numbers, this will make sense to you.  The Austin market is Travis and four surrounding ...

Home sales plunged again in July across the country.  The National Association of REALTORS® stated that existing (resale) home sales dropped 3.8% in July, 2007.  The press loves this stuff.  They love to print how bad things are.  Face it, good news doesn't sell.  What you may not have heard is that new home sales ...

The Austin area had a 2% decline of home sales in July.  We are also down 2% for the year compared to 2006, which was a record setting year.  Is this a cause for concern?  I don't think so.  The tightening of requirements for buyers to get a loan probably has a lot to do with this.  The fact that Austin's real ...