Buyers Information

Found 107 blog entries about Buyers Information.

When the owners of 15909 Dink Pearson Ln called us they were concerned about the price we could get for their home because there had been several recent sales nearby for much lower prices. Because home prices in our area can vary based on unique criteria of each home it is important when pricing your home you work with a Realtor who has experience selling homes here. Everyone has access to data but there is a huge difference between data and knowledge.

After reviewing the market and what our experience told us about the market the owners trusted our suggested list price. The owners also believed in our proven marketing system that exposes our listings to the maximum number of buyers. Our marketing system gives us the best chance to

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AUSTIN, TX–As single-family home sales continue to rise, another record-breaking year is expected for the Austin-area housing market, according to the latest monthly report from the Austin Board of REALTORS®. The November 2018 Central Texas Housing Market Report released today suggests another strong showing for the region.

"Sales are up 3.3 percent year-to-date for 2018,” Steve Crorey, president of the Austin Board of REALTORS®, said. “Pending sales volume in December, the Central Texas housing market is on track to have one of the highest-grossing years on record."

Austin-Round Rock MSA

In the Austin-Round Rock Metropolitan Statistical Area (MSA), sales volume slightly increased 0.7 percent year over year from 2,185 sales in November 2017

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The next Bulk Collection in Avery Ranch begins on August 27. Check out the postcard to see what items can be picked up.

Client Testimonial

“Kopa Real Estate did an amazing job of marketing my home in Avery Ranch. If you are thinking about buying or selling in Avery, don't spend anymore time looking--call Eric. Unlike some other realtors I've worked with in the past, they understand how to market a house. While other homes are still for sale that were put up before mine, mine sold in days with 5 offers. They know how to create demand. HIGHLY recommend Kopa Real Estate. ” - Paul

 

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Whenever I look at the real estate market statistics I like to pick out a few interesting things you might not know simply by looking at the numbers.

It is often difficult for me to explain how dollars per square foot works when trying to price real estate. Sometimes homeowners with beautiful homes will want to take the average $/SF and multiply that by the size of their home and then add their upgrades. In reality, when using the $/SF statistic for all of Austin, the numbers will skew more based on size than condition of the home.

A great example of this is the home in Austin that sold for the highest $/SF was also the smallest home and the home that sold for the lowest price. It is counterintuitive that your home which is likely much nicer and

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YES, an open house will help sell your home. 72% of our homes have sold to a buyer who visited an open house.

Sometimes that means a buyer who visits the home only during the open house. It can also mean someone who came to view your home with their agent and wants to come back for a 2nd look. Other times a buyer attends an open house and then wants to come back with their agent.

One of the many things that make Austin real estate different from other areas is half the buyers are not committed to working with a real estate agent until the find a home they want to buy. If you don’t have an open house you are missing out on half the buyers in the area. Not having an open house means not fully exposing your home to the market.

Because we have

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The 2018 HBA Housing Forecast provided US and global economic statistics and outlooks from UT Economist Dr. Greg Hallman, local economic factors and forecasts on housing from 360 Analytics’ Eldon Rude, and insight into the constantly evolving consumer from Kantar Future’s Lindsay Kunkle. Below are some takeaways from the conference, held at the AT&T Center on the UT campus on January 31, 2018.

Global and US Economy
Dr. Greg Hallman gave some statistics of what overall seems to be a healthy economy that is back to “full potential.” He predicts GDP growth of 2.5-3% in 2018 as we continue this long (101 month) period of expansion. That optimism is provided by the low unemployment rate across all levels of education, wage growth (although slow is outpacing

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Using dollars per square feet ($/SF) may be the most misunderstood area of real estate. It’s not unusual for me to meet with a client and have them say something like “My neighbor’s home is 1,800 square feet and it sold for $310,000. My home is 3,600 square feet so it’s worth $620,000.”

But, that’s not how real estate works. In general a smaller home will sell for a higher $/SF. I’ve always had a hard time explaining that until I was meeting with a couple at the neighborhood coffee shop.



We each had a different size cup of coffee and each cup had a different price. You can see the smallest cup of coffee cost $.32 per ounce. The last 4 ounces for the largest cup only cost $.12 per ounce. The larger the cup of coffee the lower the cost per ounce.

The same…
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Austin has seen excellent price appreciation over the last few years. As a result many homeowners have decided to move up to a larger home and lease their current home. Before making that decision it’s good to have an understanding of what it costs to rent a home so you can make an informed decision about your property.

Renting a home is more than just multiplying the expected rent by 12 months. Here are some of the expenses you may incur if you decide to rent your home.

As always you should consult with your own tax and financial advisors. 

Opportunity Cost 

Perhaps the biggest expense of leasing your home isn’t something you have considered. Opportunity cost means by making one choice you can’t do something else. Not selling your home means

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Single-family home sales declined across most of the Austin-Round Rock Metropolitan Statistical Area (MSA) in September, while inventory levels continued to increase, according to the September 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­® commented, “Despite last month’s dip in home sales activity, it’s important to remember that we’re comparing our current figures to the record-breaking housing market activity in 2016 and it’s not necessarily indicative of a downturn.”

Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®, agreed: “Austin has had one of the fastest job growth

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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 Late Summer 2019 Avery Ranch garage sale will take place on Saturdays, May 18th and September 28th, 2019 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.

If you are having a garage sale at your home feel free to leave your address and a list of items you are selling in the comment section below.

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

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