Oct 28, 2010

According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin area homes sales were down in September compared to the same month the prior year, but remained on pace with 2009 year-to-date. The volume of Austin area home sales in September 2010 was 1,274, down 27 percent from the same month in 2009. Year-to-date,...

Oct 18, 2010

The map below shows two interesting data sets. First it shows the expected growth of Austin over the next few years. Second it show the average price-per-square-foot of homes selling today grouped by zip code. Maybe this is an easy way to find your next investment property. For example in a dark green zip code like 78739, homes sell for a $112 sqft and it...

Oct 18, 2010

This is a very telling graphic showing income levels of Austin residence.  It is interesting how I-35 is such a dividing line for the city.  I don’t think anyone planned it, but it sure has work out that way.  There are exceptions to every rule and as Austin develops to the east I think map will change.  New money is being put in east Austin and I...

Rental properties require their own type of coverage–landlord insurance, which is different than the homeowners policy you buy when you live in a house yourself. Landlord insurance protects you against losses from fire, lighting, falling trees, wind and hail, water damage, and injury to your tenants and their guests. But it doesn’t cover the...

Oct 10, 2010

Anyone in the sales world will tell you that building and maintaining a healthy pipeline is key to staying in business.  Most sales people believe in taking active rolls in building their pipeline.  Making cold calls, getting referrals, and advertising are all ways to actively build your pipeline.  However is it important to have passive pipeline builders as...