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Austin Texas Real Estate

May Real Estate Stats for Austin Texas

The Month in Review April 2008

Units for Sale: (compared to April 2007)

New listings were up 48.05%.
Pendings were down 67.04%.
Solds decreased by 17.31%.

As for Average Prices:

The "New Listings" average list price is down 0.47% to 330,528. In April 2007 the average list price was $332,105. In March (2008) it was $322,288.
Sold average sales prices decreased 0.75% to $241,610. For April 2007 it was $243,425. In March (2008) it was $234,386.

Check it out at http://www.alamotitle-austin.com/mls_statistics.php

Did You Know...?

That we had 9,527 active listings during the same week in 2007? Today there are 11,892 active listings! That is a 25.03% increase from last year.

So how does this affect your listing? Check out our "Months of Inventory" chart on our website to get the details for your MLS area and price range. The report is available in two formats, just in case you need to print it out for your listing presentation.

Click here MLS Area Inventory Report

All the best,
Joe

Flintrock Falls Real Estate | Homes in Austin and Surrounding Areas: Austin TX Home Listings

Commercial Real Estate Expo

Just learned about this event and wanted to pass it along in case you are interested in commercial real estate like I am. Drop me a note if you're going and we can meet up.

Joe

Red Oaks Cedar Park Listings | Austin Texas Listings

Central Texas Commercial Association of Realtors


2008 2nd Annual
Showcase Expo

General Information


When: 5:00 p.m. to 8:00 p.m. Thursday, June 19, 2008
Where: Omni Austin Hotel @ Downtown 700 San Jacinto @ 8th St., Austin 78701(Parking Free with Validation)
What: The CTCAR Expo is a three hour informational reception and commercial real estate information and product convention that attracts hundreds of commercial sales and leasing professionals throughout Central Texas.


The 2008 CTCAR Showcase Expo is the Central Texas premier opportunity for commercial real estate professionals to gather new market information, meet the most active developers, discover the latest properties and products and network with some of the real estate industry’s top brokers.

Who Attends the Expo? Brokers, Developers, Leasing Agents, Owners and Investors, Corporate Real Estate professionals, Lenders, Title Company Professionals, Economic Development Councils, Surveyors, Architects, Aerial Photography, Map Companies, Engineering companies and representatives from all of our affiliated commercial sectors.

Who is Exhibiting at the Expo? Developers, Office Buildings, Retail brokerages, Industrial owners, Brokerage Firms, Research Companies, Pension Fund Advisors, Financial Services, Technology Companies, Real Estate News Media, Economic Development Agencies and all organizations seeking to reach the commercial real estate community. Join other exhibitors and take advantage of this great opportunity to profile your project or service and check out the competition. (If you wish to exhibit at our Expo download the form at www.ctcaronline.com .


Online Registrations: Members $15.00 and Non-Members $25.00 (Add $5.00 at the door)

Click Here for Online General Registration

Click Here to download the General Registration Form

Click Here to download the Exhibitor / Vendor Form

The New Landlord-Is it the answer?

There is not a doubt across the nation, it is a buyers market. Foreclosures are at an all time high and more and more homeowners are trying to find creative ways to make sure they can hold on to there home.

But what about homeowners caught in a flaccid market where home are subject to the sting of a fire-sale offer or to competition forcing pricing to bargain basement lows. For some this will have to be tolerated in order to sell the house.

For fortunate homeowner who can afford to ride the tide, consumer reports show that many homeowners are choosing to ride out the market prices by renting their homes to assist with the expenses.

Many homeowners are becoming landlords for the first time. There are many informative sites available for that new venture. www.Landlordonline.com is a site that provides a wealth of information for new landlords as well as the experienced landlord. There is also www.ezlandlordforms.com for online document systems for landlords. The Federal Trade Commission at: http://www.ftc.gov/bcp/conline/pubs/buspubs/landlord.shtm provides consumer reports to evaluate rental applications. These are only a few sites available to assist new landlords with much needed information. The internet can provide a wealth of information. Take advantage of it.

Renting your home rather than selling is not for everyone. For individuals who have the ability to keep their homes until the market takes an upward turn, with a little research and knowledge, it can be an auspicious time.

If you're looking to buy or sell and want help, give me a call. :)

Joe

Lakeway Real Estate | Austin Real Estate

Solar Energy and Green Building Event

I just got information about this in the mail. Pretty cool looking program. If you are going shoot me an email and we can meet.

Joe

Lakeway Real Estate | Austin Real Estate

Program Details

Friday, May 16, 2008
11:30 a.m. - 1:30 p.m.

Here Comes the Sun: Solar Energy in Green Building
In 2007, the U.S. Department of Energy selected Austin as one of the first 13 Solar America Cities to help lay the foundation for a solar energy market that can serve as a model for cities around the nation. Find out what Austin Energy is doing to encourage solar installations in the residential and commercial sector. Also hear from a residential design team about considerations and lessons learned from incorporating solar into home design. Finally, learn what it takes to make a case for commercial solar from a successful local solar design and installation company.

Speakers:
Eric Rauser
, Architect, Rauser Architecture
Roger Jennings, CEO, Avail Energy
Doug Marcis, Developer, 30 Degrees North
Andrew McCalla, President, Meridian Energy Systems, Inc.
Tim Harvey, Conservation Program Specialist, Austin Energy Solar Rebate Program

About the Venue
Our seminars are held at the LCRA Dalchau Service Center at 3505 Montopolis Drive. This is a 3-star rated building in a great location - it takes only a few minutes to get there from downtown - and there is plenty of easy parking!

Vending, soda, and water machines are available in the building, along with a cafeteria-style restaurant. Please feel free to bring your lunch or purchase food from the on-site cafeteria.

Directions
To get to the Service Center, take Highway 71 east to Montopolis Drive. Turn south (or right) onto Montopolis Drive, the LCRA facilities will be to the left about 1/10 mile. Enter the fenced parking area at the third gated drive (Gate 4), and park near the flagpole. We meet in Building A, Rooms 504 and 505, also called the Large Safety Conference Room.

Attendance
Seminars are open to Green Building Program professionals and other invited guests. Advance registration or RSVP is not required. Seating is on a first-come, first-serve basis. Learning Units are available for architects and designers. Certificates of Completion are also available for self reporting to professional organizations.

Texas Shoot Out

The Dallas Country Club hosted a Texas Shoot Out for the second year. This test of commercial real estate skills was an impressive display of talent, intellectual strength, and ability. Teams of four to six people were assigned to evaluate a complex real estate situation. This situation focused on the sales-leaseback arrangements as well as the corporation consolidation of two business campuses in a difficult market. This market challenge was set in a difficult and declining marketplace such as what they may experience today. Teams then conferred and designed solutions for the potentially real life issues. After reaching their conclusions the teams discussed these with a panel of real estate executives, experts in the field.

This competition is in it's third year. It was designed with the intention to build and strengthen the ties between the Dallas real estate brokerage community and the student real estate programs. It is the goal to show the development of talent young real estate students to those who can hire them locally. The panel selects from among the competitive teams one winner. The winning team receives a 10 thousand dollars prize, and second place takes home 7, 500. The prizes are divided first between the school they represent, then among the team members. This builds the school and the teams. Teams keep 60% of the winnings while 40% is apportioned to the school. From there the winning is divided among the teams.

This year the University of Texas - Texas Longhorn Team took home the top prize.

Joe

Rollingwood Real Estate | Flintrock at Hurst Creek Lakeway Homes for Sale