Austin Home Sales Sizzle In August!

The Austin Statesman writes about the several factors that make for a "sizzling" market, one of which is dwindling inventory.  This is just one of many articles written by various publications in the past few weeks discussing the positive trend in the Austin real estate market. To learn about the other factors, read the entire article here:  http://www.statesman.com/business/real-estate/austin-home-sales-sizzle-in-august-expected-to-2463444.html

Austin Area Housing Stats Are In For August...All Things Point Up...Except Inventory!

New Listings in the Austin area increased 14% to 3,080.  Pending Sales were up 35.8% to 2,525. Inventory levels shrank 22.3% to 8,763 units, with 4.1 months of supply.

Prices moved higher. The Median Sales Price increased 9.1% to $209,000.  Days on Market was down 25.4% to 57 days. 

All things point to a Seller's Market.  If you're thinking about selling your house, contact me for additional details.  I can provide you with the sales stats in your neighborhood!

PROVIDED BY THE AUSTIN BOARD OF REALTORS®

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I love helping people buy and sell houses...but a house is just a house, until it's a home.

What's My House Worth?

My last three listings all went under contract in under 2 weeks.  Pricing your home in accordance with what the Fair Market Value is in your area, is crucial to bringing in acceptable offers.  


First impressions are everything when selling your home. Studies have shown that the first two weeks on the market are the most crucial to your success. During these initial days, your home will be exposed to all active buyers. If your price is perceived as too high, you will quickly lose this initial audience and find yourself relying only on the trickle of new buyers entering the market each day. 


With dwindling inventory and trending multiple offers, Austin is now moving into a Seller's Market.  If you're thinking about putting your house on the market, let me know and I can provide you with the market stats for your neighborhood.  


According to Leonard Guerrero, the Austin Board of Realtor' s chairman, "2012 is on pace to be the Austin housing market's strongest summer since the recession."


Contact me at 512-659-5590 or laura@theboutiquerealestate.com.

Several New Projects In The Pipeline for Mueller

Mueller bursts with major developments: kxan.com

A Personal Approach To Relocation

The Relocation Professionals at The Boutique are ultimately in the people business.  Yes, it’s business, but it’s also very personal.

Relocation is much more than boxes and moving vans.  People are uprooting their families and often leaving the city where they grew up and all the things that are familiar to them.

Whether relocation is employment based or for other reasons entirely, Personal

Consultations are an invaluable part of our service.  Being able to open a dialogue with

our relocating clients and gain personal insight to their needs, requirements, and

concerns, enables us to remove some degree of stress from the process. 

Our role is to answer questions about Austin and its real estate market, neighborhoods,

infrastructure and schools.  As local experts, we are able to provide access to local

resources in order to provide as much assistance as possible for long or even short

distance moves.

Your business depends on having the right people in the right places and our business

is getting them there.  The Boutique Relocation Consultants are ready to assist with a

professional staff that provides customized relocation and real estate services for both

individuals and corporations.


For more details, contact Laura Macias at 512.659.5590 or laura@theboutiquerealestate.com.

Austin Area Homes Sales Up 16%

The Austin area had a 4.2 month supply of homes, 1.5 months less than in February 2011, the Austin Board of Realtors reported. A supply of 6.5 months is considered a market where supply and demand is balanced, according to the Real Estate Center at Texas A&M.

The market is slowly shifting in favor of sellers. If you are thinking about selling your home, contact me for assistance. I'm happy to provide market stats in your area and great information on how to get your home ready to sell!

Read more at The Statesman:  http://www.statesman.com/blogs/content/shared-gen/blogs/austin/theticker/entries/2012/03/20/austinarea_home_sales_up_16_pe.html

Economic Turnaround In Austin Could Serve as Inspiration

MSNBC's Dylan Ratigan high-lights Austin and how our job market could serve as inspiration to other cities. He was impressed by Austin's "self-organizing culture of entrepreneurship, creativity and investment in the job market." Check out his interview with Gary Farmer, President of Heritage Title Company Austin, who believes that our strong creative class is a crucial link to our success.

 

Visit msnbc.com for breaking news, world news, and news about the economy

We have lots of inventory (that is leasing pretty quickly now). Contact us if you need a place for SXSW or if you want to rent your place!

There are many SXSW attendees looking for Downtown Austin and Central properties to lease. Message me if you are interested in leasing your place. Also, Downtown venue spaces are available for lease for SXSW - including showcases/interviews/office/work space/gallery/HQs/launches/book signings, etc. Contact me for details!

 

Downtown hotels full for SXSW: kxan.com

New streets in downtown Austin?  Believe it.  As part of the redevelopment of the Seaholm and Green plant sites, the city of Austin is adding nine blocks of new streets at a cost of $24.2 million.  Read The Statesman article here: http://www.statesman.com/news/local/new-streets-in-downtown-austin-believe-it-2102792.html

Homestead Exemption, don't forget!

If you purchased your home in 2011 and you live in Travis or Williamson County, it's time to file your Homestead Exemption, if you haven't already done so.

 

You can file your exemption between January 1st and April 30th in order to receive your homestead property tax reduction for your 2011 taxes, which are due in 2012. The exemption only has to be filed once; not annually.

For Travis and Williamson counties, these forms can be found online at:

Travis County:

http://www.traviscountytax.org/pdfs/070716ExForm.pdf

Williamson County:

http://www.wcad.org/Appraisal/PublicAccess/Forms/PublicServices/HomesteadExemptionApplication.pdf

For additional details and answers to common questions, please also see:

http://independencetitle.com/Resources/Homestead-Exemptions?&Sort=&Cat=1172&SubCat=309

As always, please contact me at laura@theboutiquerealestate.com or 512-659.5590 if I can be of any assistance.