Know The Features Of Your Home That Impact Sales Price

Many of the people interested in buying a home in Avery Ranch may be interested in features of your home you may not expect.

For example the direction of your home may impact the market value as much as wood floors.

In 2015 we met over 200 prospective Avery Ranch homebuyers at open houses. Through talking with them and asking what features are important to them we can give you a great recommendation for a list price that will help get your home sold for the most amount of money.

Put Your Home In The Best Possible Condition

Many Avery Ranch homebuyers are very picky!

Many also don’t have any creativity and are often not working with an experienced Realtor who can help them…

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Austin Board of REALTORS® releases real estate statistics for October 2015.

AUSTIN, Texas – Nov. 19, 2015 – Austin-area single-family home sales increased year-over-year for the fifth consecutive month in October 2015, according to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR). Austin-area single-family home sales increased by two percent year-over-year to 2,378 home sales and median price increased five percent by the same measure to $252,790 in October 2015.

Barb Cooper, 2015 President of the Austin Board of REALTORS­®, explained, “We’re on pace for another record year and while home sales typically slow each fall, housing demand has remained strong far past the typical peak selling season. This…

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Austin Board of REALTORS® releases real estate statistics for September 2015.

AUSTIN, Texas – October 22, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area single-family home sales and prices hit an all-time high for the month of September. Home sales increased by seven percent year-over-year to 2,603 home sales and median price increased eight percent year-over-year, reaching $258,000 in September 2015.

Barb Cooper, 2015 President of the Austin Board of REALTORS¬®, explained, “While current demand bodes well for home sales throughout the rest of year, affordability issues continue to impact Austin-area homebuyers. Fortunately, we have two strong solutions on the…

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I’m often asked if I know a Realtor in another part of the country. In most cases the answer is Yes!

Even if I don’t chances are I know what to look for in another agent to find a great one better than someone who isn’t working full time in the real estate business.

It’s much better to ask me this question before starting down the road of buying or selling real estate.

A few weeks ago I had two people ask me for a Realtor recommendation in Houston.

One person I was able to connect with a great agent who helped them find a home. They are closing on their home in a week and are very happy.

The second person contacted me after their friend had already listed his home with another agent. He wasn’t happy with the way his home was being…

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Austin-area home prices set August record, outpace household income growth in August 2015

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


AUSTIN, Texas – September 22, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area single-family home sales remained high in August, increasing eight percent to 2,943 home sales compared to August 2014. Austin-area single-family median home prices, for both sales and leasing, set a record for the month of August. Median home sales prices increased by eight percent year-over-year to $265,000, while median home lease payments increased by seven percent to $1,600.

Barb Cooper, 2015 President of the Austin…

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There are some important changes coming for future mortgage borrowers effective for mortgage applications taken after October 3, 2015. This is great news for borrowers to give them a better understanding of their costs and enough time to review the closing statement.

These changes have been brought about by the TILA-RESPA Integrated Disclosure (TRID) rule that is part of the Dodd Frank Reform & Consumer Protection Act.

The result of this legislation overhauls closing documents and institutes timelines for real estate settlement procedures.

Here is what this means to you as a buyer or seller of real estate.

Loan estimates and final closing financial disclosures will be easier to understand.

Disclosures will clarified to be easier to…

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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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Austin-area home sales top 3,000, $1 billion in volume in June 2015, prices remain high;
Mid-year results show 2015 on pace to exceed historical sales volume in 2014

Austin Board of REALTORS® releases real estate statistics for June 2015 and mid-year 2015


AUSTIN, Texas – July 21, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales topped 3,000 sales for the first time since July 2013, increasing five percent year-over-year to 3,051 sales for the month of June. Mid-year statistics show that Austin-area home sales increased an average of four percent year-over-year to 13,917, putting 2015 on pace to potentially exceed 2014’s historical high in sales volume.

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