Austin Real Estate

The Austin Real Estate market is, doing phenomenal and it’s a great place for property investing. However too many people jump into Real Estate without knowing much of anything, so here’s a real quick crash course on one type of investment property. The two primary ways to invest in Austin Real Estate: This is going to be an oversimplification for the more familiar out there, but this is meant to be a newbie guide, so bare with me. There are two primary ways to invest in Real Estate: one is for cashflow (which I will be talking about here) and the other is for a static asset, which is more like a savings instrument (which I’ll go into some other time). I highly suggest the former. In a previous article, I talked about PITI (principle,...

If you’re looking at selling a house, you probably have two goals in mind: get as much as you can, and sell as quickly as you can. No one wants to be stuck in a house for months, but how to accomplish this? Well, first and foremost, your house should be “market ready.” None of this weak ‘as-is’ stuff. How does it make sense to save $2,000 on repairs, just have your house sit on the market for a month or more (when it shouldn’t have to) and pay another $2,000 mortgage bill? It doesn’t make sense, does it? That’s what they call being pennywise and pound foolish. So market ready takes care of things like: Painting Landscaping Fix everything that’s apparently broken (cracked windows, leaky faucets, etc) Get your...

I’ve got another beautiful listing in Harris Branch at: 11129 Seay St. This house would make any techie weep! The entire house is hooked up so you can use your iPad like your own personal butler! You have iPad controls over: house lighting built in sound system including outdoor speakers 5 outdoor security cameras accessible from the iPad, one with POV controls The iPad will be included with executed contract! In addition to that, you’re getting: 5 zones for individual room temperatures controls built-in oven and microwave dishwasher gas fireplace a beautiful lighted multi-level deck Details  on this Harris Branch Home: Two story, 2,805 sq ft, cul-de-sac lot. 4 bedrooms, 2.5 baths, plus a study and a game room New: Carpet, tile,...

I wanted to take some time to elaborate on a post I did a little while back about the inventory of Austin Real Estate. In it, I spoke broadly about what the numbers are and what they mean, but if we delve into the details a little bit, the picture it paints is actually quite extraordinary! If you’ll recall from the last post, I quoted a news article that described the normal inventory level for real estate in terms of months it would take to exhaust the current supply, given current sales level. The Austin real estate market holds at about two and a half months worth of supply, which is lower than the national average of four months and still lower than the equilibrium supply of six months. Remember (from economics: fun, fun!) that equilibrium is when supply...

Austin Real Estate has been doing incredibly well (we’re actually running out!), but even considering that, Harris Branch has been exceptional. The community is flourishing and home prices have been not only stable, put predictably appreciating on a regular, consistent basis! It’s a beautiful community with great looking homes, but there’s still a lot more to come. Demand for a home in Harris Branch is up and developers are racing to keep up. One developer last month, raised twenty five homes, alone! So what is it about Harris Branch that is drawing in so much interest? Harris Branch is a subdivision in Austin that comprises about three and a half square miles of land, Northeast of Central Austin. It’s a short distance to major employers...

I’ve got a short-term rental available from March 6th through the 20th for the SXSW event! It’s a 2/2.5 (two bedrooms/two and a half baths) Condo on East 6th, literally only a few short blocks from Fort Fader and several SXSW events centers. View Larger Map Forget the hotels and cabs and all the other nonsense! Save your money for the event and having a good time in downtown Austin, and when you’re finally exhausted, crash where it’s comfortable! Staying at this place will be part of the story you tell when you get home. Believe that! It’s not just SXSW either. This location was chosen specifically for having access to everything you’ll need while you’re in town for the event. Check it out: ≈ LOCATION ≈ LOCATION ≈...