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If you are wondering why I have not written anything during the past two weeks, it is because Austin Real Estate is just busting loose and booming. Really. It's not just me, but every experienced Realtor that I know that has been in this business for very long and knows what is going on is being inundated with activity right now. Why is that?
Here is what is happening right now:
1. Inventory is low. This means that the number of available homes for sale compared to the number of buyers who are buying homes is low. There are possibly as many buyers as homes. (If you have a home that you are considering putting on the market this year--let's talk soon).
2. Buyers are "fighting" over houses. Well, not really fighting, but we are definitely seeing an increase in multiple offers--a big increase. This is the most challenging time for buyers, coming out of a national real estate crisis--it can be hard to understand why Austin's market is so fast paced compared to many places where people have moved.
3 Houses that show well and are priced right are selling. While a Seller's Market does not mean that all houses will sell fast or sell at all--it does mean that homes that are move-in ready and priced to market are selling fast--near, at or above the listing price. Unless there are issues or concerns for the buyers, we are seeing homes sell.
That's the recap. I am sorry that I don't have more time to write, or add to The Austin Golfer this month. At the rate the market is moving right now you may have to call me and talk to me about buying or selling your home--rather than us catching up on the blog. I am available to help you with your Real Estate needs 7 days a week. Just call me--Let's Talk.
Being able to spot the differences between flooring materials is not always as easy as it sounds. Just looking at a picture of a room is not enough and sometimes walking on the floor is not enough to tell the difference either. Now, this was not always true and there are some floors that you can tell immediately that they are inexpensive laminate floors, but not all laminate floors are inexpensive these days and not all hardwood floors are solid wood.
Let's start with the basics. Hardwood. A solid hardwood floor plank is made from a single piece of wood. It is cut to a size, sanded and a manufacturer's edge of some description is added to the edges so that pieces can fit together (this board has a tongue and grove edge). The edges may be unique to the manufacturer, but are not unique to solid hardwoods. What makes this material unique is the thickness of the solid wood section. Solid hardwood is thick and lends itself to being sanded and refinished multiple times--depending upo…
My contact and experience with management companies is fairly extensive--both as a home owner/investor and in my experience as a Realtor with many different management companies in condo associations and single family communities alike. What I have seen over the years is that management companies have the tendency to become complacent with time and then become unresponsive and ultimately become very arrogant about their (paid) role in the management of the affairs of a Home Owners Association (HOA). Sad, but true and this seems to be a predictable truth.
Not only have I seen management companies that will not return phone calls or answer questions, but I have seen Management Company Representatives in annual meetings tell the home owners what they could and could not do in their association and treat home owners as if they were unruly children under the parental care of the management company. Well, I am here to tell you the Home Owner…