Most active real estate brokerages have current war stories about buyers being in bidding wars in this sellers’ market, and multiple offer situations. It’s been the case in some of my areas for over a year now, so hopefully the mass media has picked up on this and the penny Read more…
I recently listed a home for sale in the Mueller Garden Court, and the seller received an offer under the doormat of her home. The prospective buyer had decided not to use a real estate agent to put together the offer, and the seller dutifully scanned it and sent it Read more…
The Austin multiple listing system (MLS) is the system of record for many but not all home sales. In most estimations it accounts for around 60-70% of the overall sales. So some homes sell without the MLS, and buyers often ask the question: “Why isn’t that home in the MLS?”. Read more…
The housing market in University Hills was under my microscope this morning. Is this somewhere that investors and buyers should be looking right now? The image below shows the currently active homes under $170,000. The red arrow means a price drop which has happened in 11 out of 17 active Read more…
If you look at the housing market in University Hills in East Austin, you’ll see that house prices span a wide range. There are foreclosed homes in the $120,000 range, and remodeled homes in the $250,000 and up range, with one home on Bradley Drive listed at $325,000. Why is Read more…
East Austin – You wouldn’t build a home without first putting down a solid foundation would you? It’s a phrase people bandy about with reckless abandon to illustrate their points about putting the groundwork in first. And in East Austin Realtor circles, and those who know University Hills in particular, Read more…