One of the neighborhood events I look forward to is the semi-annual Avery Ranch garage sale. This event happens in both the spring and the fall. The fall 2015 Avery Ranch garage sale will take place on September 19h from 7AM-1PM.

With almost 4,000 homes in the neighborhood there will be plenty of homes selling items. This is a great opportunity to find clothes, toys, bikes and furniture.

One piece of advice is to get started early. Cars will be lined up at 7AM and the great items will sell right away.

We are Avery Ranch homeowners and real estate experts. If you are interested in buying or selling Avery Ranch real estate contact us today.

Avery Ranch Home For Sale


 

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Real estate prices in the Austin area have appreciated so much this year we are seeing more problems with appraisals coming in lower than the sales price.

An appraiser is looking backwards at sales prices that happened in the past. Buyers and sellers are looking at current market value, which in an appreciating market can be higher than the appraised value of a home.

The reason a low appraisal can be a problem is the mortgage company will only loan based on the lower of the sales price or appraised value.

Let’s look at what can happen if an appraisal on a home is determined to be lower than the sale price.

The buyer can terminate the contract

In most cases if a home does not appraise for the sales price the buyer has the right to…

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If you were taking a friend out for the best hamburger in Austin would you bring him to McDonalds?

One of the biggest misconceptions about real estate is that a real estate agent who works for a large brokerage will be able to represent someone selling their home better than an agent who works for a smaller, independent broker. I spent over 11 years working with larger brokerages and based on that experience let’s talk about some of those misconceptions.

Networking among agents

What happens inside a large real estate brokerage is probably the most misunderstood aspect of real estate. As an outsider you may be under the impression that each brokerage has large office meetings where the best agents attend and exchange information about their…

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Austin-area home sales hit all-time high, inventory levels rising in July 2015

Austin Board of REALTORS® releases real estate statistics for July 2015

AUSTIN, Texas – August 20, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales hit an all-time high, increasing 12 percent year-over-year to 3,149 sales for the month of July.

Barb Cooper, 2015 President of the Austin Board of REALTORS¬®, explained, “We’re in the midst of one of the most active summer selling seasons to-date, with more single-family home sales than ever before. Home prices remain high, but inventory levels have increased steadily throughout 2015, perhaps taking a step toward a more balanced…

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