Archive for January, 2012

December MLS Statistics – Austin Area Homes Sales Outpace Prior Year for 7 Straight Months

Monday, January 23rd, 2012

According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, single-family home sales in December 2011 outpaced the same month of the prior year for the seventh straight month, and year-end figures show momentum in Austin real estate heading into 2012. In December 2011, a total of 1,581 single-family […]

What are the Costs Involved in Selling My Home?

Tuesday, January 17th, 2012

It’s often said that it takes money to make money, and that’s certainly true when you’re selling your home. If you’re thinking about selling your home, you may be asking yourself, What are the costs involved in selling my home, and how can I lower them? The first step to lowering the costs involved in […]

2012 Forecast – Austin Area Continues to Stabilize

Tuesday, January 10th, 2012

Data released by Clear Capital Monday shows year-over-year, national home prices were down 2.1 percent in 2011. The company says movement in home prices began to stabilize somewhat during the latter half of the year and REO sales as a percentage of total home sales began to decline, which helped to moderate depreciation for the […]

What Does it Mean to Buy and Bail?

Tuesday, January 3rd, 2012

“Buying and bailing” refers to the act of buying a second property and allowing a first home to fall into foreclosure. Homeowners who purchase second properties in this scenario are typically “upside down” on their primary residence, meaning they owe more on their first home than it is worth in the current market. It’s likely […]