Austin Real Estate Blog |
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 Austin Real Estate market stats, market updates, investment information, and related info.
Provider: Crossland Team
Feed Type: Residential
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Most recent items from this feed:
Understanding Your Economic Stimulus Payment
I received this nice letter from the IRS called "Understanding Your Economic Stimulus Payment". I got out a calculator to arrive at my own understanding and, from what I can tell, my stimulus award was taxed at a rate of 92.17%, which is the percentage of the $1,800 total that ...
08/21/2008 02:18 PM
All About GFIs and T&P Safety
By Bob Petersen, Precision Inspection
This month I am going to discuss two of the more critical mechanical components of a house, the ground-fault interrupter (GFI) and the temperature and pressure relief valve (T&P).
GFI's (also called gfci for ???ground fault circuit interrupter???) are generally found only on homes of relatively ...
08/21/2008 02:18 PM
Consumer Reports Flawed Realtor Survey
There has been a lot going around about a recently published consumer reports survey of home buyers and sellers. I take these type of surveys with a grain of salt, but I don't ignore them, especially when the information provided is so obviously incorrect.
The survey says:
Most people still close the ...
08/21/2008 02:18 PM
Home Warranty Does Not Cover Known Pre-existing Conditions
I was negotiating repair items on a deal last week. I represent the buyer. The property inspection revealed, among other things, that both A/C systems in the home were showing splits that were out of compliance with normal readings.
A "split" is the difference in temperature between the air that is ...
08/21/2008 02:18 PM
Housing and Economic Recovery Act of 2008
Well, the big Housing Act of 2008 has been signed. Based on what I've read and studied, this political move will do little in the long run. It may simply postpone true recovery in the national housing market by impeding the movement of the real estate to where it eventually ...
08/21/2008 02:18 PM
Dear Out of State Investors - We Told You So
Today's Austin Statesman has an interesting, if not predictable article about California investors being disproportionately represented in Austin area foreclosures. We've participated in several sales by California investors (not ones that we sold to though) bailing out, some of which were short sales or pre-foreclosures.
As the Austin real estate market ...
08/21/2008 02:18 PM
Austin Real Estate Sales Breakdown by MLS Area - June 2008 YTD
Below is the breakdown of year-to-date home sales in Austin by MLS area. This is for houses only, no condos, townhomes, etc. I'm often asked, "how is the Austin real estate market?", to which I reply, it depends on which market you are talking about. There are multiple "markets" and ...
08/21/2008 02:18 PM
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