It's Not As Spooky As You Think

Almost every day I get calls or have people attend our seminars thinking they can’t sell their house because of what they are hearing in the news. I assure you we are still helping people like you sell their homes and If what you are hearing has stopped you from making a move contact us to talk about your plans. Many people have benefited this year from scheduling a buying power and home improvement audit. I’ve found that even if what I tell them isn’t what they want to hear it allows them to make better decisions and move forward with their life. I’m not saying it’s easy but in the end our clients always say it’s worth it to move on to a better place.

Who Is Moving Right Now?

One of our recent clients were the original owner of their home. They…

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Why The Market Is Like A Microwaved Frozen Burrito

Lance Lambert, real estate editor at Fortune Magazine, called Austin the most interesting real estate market in America.

Prices went up like a rocket and came back to earth, but still up 43% since March 2020. Some people can’t get over missing out on timing the market. The truth is few people did because even those who sold at the top had to buy in the same market at the top.

If I told you in March 2020 your home would be worth 43% more in 3 years you would have been over the moon happy about that. If you’ve allowed yourself to get stuck because you missed out on the peak perhaps a change in perspective to thinking about how much better off you are than 3 years ago will help you get unstuck. Otherwise using 2021 and early 2022 as your baseline…

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When Will The Market Be Good Again?

After 497 people told me they were going to wait to move until the market is good again, I realized I wasn’t doing a good job. 

You see, I am a “Professional Mind Maker Upper” and people count on me to consult with them so they can make the best decisions for their lives and their families. There’s a saying “Garbage in and garbage out” meaning if you don’t use accurate information, you won’t make good decisions. I was letting people use bad information without taking the time to ask more questions and explain some of the data that’s available about the real estate market. 

I have to give myself a little grace here because I haven’t gotten much sleep lately and I’ve changed a lot of diapers over the last few months so it’s possible I simply…

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4 Mistakes Home Buyers Are Making

I'm primarily a listing agent so I'm seeing buyers every weekend at our open houses. I'm also talking to agents and I'm seeing the offers that they put in every day. These are the four mistakes that I'm seeing buyers make in March of 2023.

Making Bad Offers

The first mistake I'm seeing is putting in “bad offers”. What I mean by that is a lot of buyers are out there and they're thinking they're going to make low offers. And you know what? A lot of sellers are actually negotiable right now.

Sellers are willing to come down on their price if they see that it's a good deal and you're a solid buyer. However, I've noticed that many buyers are submitting offers at a low price with unfavorable terms that are unrealistic to both myself as a listing…

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3 Important Things You Should Know About Mortgage Interest Rates Today

If you have been shopping for a home there are 3 important things you should know about mortgage interest rates today.

Fed Raised Rates And Mortgage Rates Went Down

You probably heard the Federal Reserve raised interest rates .75% in July. The Federal Reserve does not control mortgage interest rates. It seems counterintuitive, but when the Fed raised their rates mortgage interest rates actually went down. Mortgage interest rates had been over 6% back in June. As of August 2nd, we were seeing quotes for 30 Year Conventional rates near 5%.

Jumbo Rates Are Lower Than Conventional Rates

In the Austin area the loan limit for Conventional mortgages is $647,200. If you are borrowing more than that you would be getting a “Jumbo” mortgage.…

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Avery Ranch Fireworks 2022

The Avery Ranch fireworks show for 2022 has been cancelled.

For more information contact the Avery Ranch HOA.

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Perspective And Real Estate

Avery Ranch & 78717 Real Estate Update

Let’s review the 78717 and Avery Ranch real estate housing market statistics for May, 2022. The number of homes sold was down 8% compared to 2021. Homes sold on average for $316 per square foot, up 16% over last year. The average sales price increased 14% to $772,180 and the median sales price increased 9% to $720,000.

The home that sold at the lowest price was in Brushy Creek Village for only $286,66. This home was sold off market and entered into MLS as…

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Should You Sell Or Rent Your Property?

Because we have a market-proven system to sell investment properties that have always been a good portion of our business. This year we have been contacted by an unusually large number of investors who are considering selling their investment property. Some of the investors think the market is nearing a top while others have decided being a landlord isn’t for them. If you are thinking about selling your investment property here are a few questions to ask yourself.

Do you want to be a landlord?

I believe successful investors enjoy owning investment properties and they run their investment properties like a business. If you don’t enjoy some of the negative aspects of owning rental properties such as dealing with tenants or having to lease a…

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Avery Ranch Garage Sale

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 Spring 2022 Avery Ranch garage sale will take place on Saturday, April 30th, 2022 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 are interested in…

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65 Offers for 1 Home | Austin February 2022 Market Update

65 offers for 1 home! In this Austin housing market update we’re going to talk about how to get 65 offers on your home, the most recent real estate statistics for Austin, Texas, rising interest rates and what all this means for you as a buyer or seller of real estate in the Austin area.

First, let’s review the statistics for the January, 2022 Austin real estate housing market.

The number of homes sold in January, 2022 was 2,116 which was down 11.83% from 2,400 sales in January, 2021.

The average sold price in January, 2022 was $578,554 which was up 25.84% from $459,760 in January, 2021.

The average sold price per square foot in January, 2022 for Austin was $292.83 which was up 26.3% from $231.72 in January, 2021.

The median sold…

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Top 5 Predictions for 2022 | Austin January 2022 Market Update

Happy New Year Austin homeowners and home buyers. Here are my top 5 predictions for the Austin real estate market for 2022 but first let’s review the real estate statistics covering 2021 for the Austin, TX MLS area. It was another great year for real estate in the area.

The number of sales was down 5.7% to 3,756 sales but up 2.9% sales for the year with 44,871 sales overall.

The average months of inventory remained at less than 1 month. That means if no additional homes come on the market, it would take less than a month for all the homes currently for sale to be sold. A real estate market with 4-6 months of inventory is considered balanced between buyers and sellers so we are still in a strong seller’s market.

The average…

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