As we head into the busy Spring home buying season in Austin, we’re starting to see more multiple offers. As the season progresses, I would expect to see more. Buyers who want to eliminate the frustration of losing a home to another buyer need a carefully thought out multiple offer strategy. To be successful, the […]
When It Comes to Home Buying, My Dad Had The Best Negotiation Advice
Best Negotiation Advice While haggling may be commonplace around the world, save for country fairs, open markets and occasional trips abroad, it is a skill not commonly utilized by Americans. While it is true that during those trips to the Moroccan souk, we gleefully delight in bringing the cost of an item down to half […]
How to Succeed with Multiple Offers
Austin’s housing inventory is selling faster than the boom period of 2007. In June 2012, Austin had a 4.4 month supply of homes available for sale. Today (March 2016), at the current rate of sale Austin has only a 1.8 month supply. The surge in sales coupled with resurgent demand has re-introduced the phrase “multiple […]
How Many Offers are Cash Offers in Austin?
Multiple offer situations can be incredibly frustrating for buyers, especially those who have been outbid more than once. It can be even more frustrating if your offers are beat out by cash buyers simply because they are cash. If you need to get a loan to purchase your home, you might be wondering if you […]
#1 Reason Why Austin Housing Market is so Hot
Jobs. Jobs. Jobs. They’re why the Austin housing market is so hot. Austin, Texas continues to create new jobs at a remarkable pace. New jobs draw newcomers, and those new arrivals need places to live. The jobs that are being created in Austin are primarily of the white-collar type and many of them are centered […]
Austin’s Housing Crunch – Home Buyers Feel the Pinch
The frustration is building among prospective home buyers in Austin as inventory levels tighten and competition for single family homes intensifies. Austin’s growing housing shortage is starting to wear thin on the emotions of budding home owners. Austin is a Seller’s Market According to the Texas A&M Real Estate Center, a market with a balanced […]