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Austin and Case-Shiller – How Do We Compare?

I am genuinely encouraged by the trend shown by the Case Shiller indices and I hope and believe that the recovery will gain real traction this time. Continue reading

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Top 50 Austin Restaurants and more …

One man’s opinion about the best restaurants in a “restaurant-rich” city … Continue reading

Open Letter from RE/MAX Chairman — Housing Is Important For All

An open letter from RE/MAX chair to presidential candidates …. Continue reading

Homebuilders coming back – another sign of strength

As with most of this market recovery, Austin gained momentum ahead of most other cities. Single family permits are up a healthy 30% compared to the same time last year, but the 5+ Family segment is already almost 70% ahead of last year’s 12-month total! Continue reading

More about home prices around town

Looking at all sales adds high and low price extremes that were not in the sample a few days ago of sales near $200,000. This data shows even more clearly the huge variations around the metro area — Sold Price/SF in today’s sample ranges from $13 to $992! Continue reading

Myth of the “3.8% real estate sales tax”

The tax is NOT a transfer tax on real estate sales and similar transactions. Read to see what it is. Continue reading

215 Falcon Lane – great home in Summerlyn, Leander

Almost 2800 square feet on 1/4 acre, built in 2010! Must see! Continue reading

From the Austin Chamber: Central Texas Employment

A few days ago the Austin Chamber Of Commerce published a very good summary of employment and unemployment in the Austin area … worth reading. Continue reading

What do you get for the “median price”?

I am often asked, “What’s the average price per square foot in Austin?” Here’s the REAL answer! Continue reading

What price ranges are selling in Austin?

Sales between $120,000 and $160,000 represented less than 10% of market activity in 2011 and 2012. At the same time, sales between $200,000 and $400,000 have become well-established contributors to our market over the past few years, representing 34% of sales in 2011 and 36% of sales so far in 2012! Continue reading