U.S. Homeownership Aspirations Aren’t Dead: Owning a Home Remains Defining Element of American Dream

rismedia.com - As the country continues to emerge from the turbulent mortgage period, a Homebuyer Poll released by TD Bank reveals aspirations of homeownership are still very much alive in the U.S.

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Austin-area Home Sales Volume and Median Price Up in March 2012

Austin-area Home Sales Volume and Median Price Up in March 2012

Austin Board of REALTORS® Releases March 2012 Real Estate Statistics

AUSTIN, Texas – April 19, 2012 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, 1,852 single-family homes were sold in the Austin area in March 2012, which is 15 percent more than March 2011. During the same time period, the median price for Austin-area homes was $200,000, or eight percent more than the same month of the prior year.

Leonard Guerrero, Chairman of the Austin Board of REALTORS®, commented, “This marks the tenth month in a row Austin has seen year-over-year increases in sales volume. In addition, another healthy increase in the median price indicates competition is increasing among buyers as the inventory of homes continues to shrink.”

In March 2012, the Austin market had 4.4 months of inventory, 1.8 months less than March 2011. In addition, the market featured four percent fewer new listings, 21 percent fewer active listings and 16 percent more pending sales in March 2012 compared to the prior year. On average, homes spent 84 days on the market in March 2012, or 12 days less than March 2011.

March 2012 Statistics

·         1,852– Single-family homes sold, 15 percent more than March 2011.

 

·         $200,000– Median price for single-family homes, eight percent more than March 2011.

 

·         84 – Average number of days that single-family homes spent on the market, 12 days less than March 2011.

 

·         3,350– New single-family home listings on the market, four percent less than March 2011.

 

·         7,274– Active single-family home listings on the market, 21 percent less than March 2011.

 

·         2,331– Pending sales for single-family homes, 16 percent more than March 2011.

 

·         4.4 – Months of inventory* of single-family homes, 1.8 months less than March 2011.

 

·         $480,471,768– Total dollar volume of single-family properties sold, 22 percent more than March 2011.

The following sections describe trends in other sectors of the Austin real estate market.

 

Townhouses & Condominiums

The volume of townhouses and condominiums (condos) purchased in the Austin area in March 2012 was 212, which is 37 percent more than March 2011. In the same time period, the median price for condos was $189,450, or 15 percent more than March 2011. When compared to the same month of the prior year, these properties spent 28 percent less time on the market, or an average of 89 days.

 

Leasing

In March 2012, a total of 1,115 properties were leased in Austin, which is four percent less than March 2011. The median price for Austin-area leases was $1,300, or eight percent higher than the same month of the prior year.

 

The Austin Board of REALTORS® is a non-profit, voluntary organization representing more than 8,500 licensed REALTORS® in Central Texas. Visit AustinHomeSearch.com, a public resource on Austin real estate, for the latest news on the local housing market. For more information, please contact Angela Brutsché at 512-454-7636.

January Pending Home Sales Rise, Market on Uptrend

Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.0 percent to 97.0 in January from a downwardly revised 95.1 in December and is 8.0 percent higher than January 2011 when it was 89.8. The data reflects contracts but not closings.

The January index is the highest since April 2010 when it reached 111.3 as buyers were rushing to take advantage of the home buyer tax credit.

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Austin Makes Top 5 List of Best Cities for College Grads

Best Cities for College Grads
thedailybeast.com, May 2011

  1. Fayetteville, NC
  2. Omaha, NE
  3. Oklahoma City, OK
  4. Austin, TX
  5. Houston, TX
  6. Lexington, KY
  7. Durham, NC
  8. Dallas, TX
  9. Tulsa, OK
  10. Little Rock, AK

See the rest of this list and the full story at thedailybeast.com.

See more rankings like this at Austin Tops the Nation.

Football Schedules Are Here (and Free!)

Looking for a football schedule for the Texas Longhorns, Texas A&M, Westlake High School, Dallas Cowboys, or Houston Texans?  Free Aria Realty football schedules are out and there are two ways to get them:

  1. Download and print your own
  2. Request for a free set to be mailed or delivered to you with the form below (before September 30th)

If you’re an existing client, watch your mailbox!

[si-contact-form form='3']

Rawhide Trail Acreage Lots

SOLD
This listing is no longer available.

Call 512-646-1000 or email if you would like assistance with similar properties. 

5 to 32 acre lots

Bring your horse!  Close-in large acreage tracts with BIG panoramic views and beautiful large trees.

5 acre lots in Southwest Austin
  • Austin ISD
    • NEW Baldwin Elementary
    • Small Middle School
    • Bowie High School
  • Surrounded by BCCP Nature Conservancy Preserve
  • Panoramic hill country and preserve views, some to Lakeway and Mansfield Dam
  • City Water District 14
  • 7 lots total in subdivision, 4 still available
  • Can re-divide from 5 to 32 acres!
Availability - SOLD OUT
for pricing, call Aria at 512-646-1000 
    • Lot 1 (Reserved)
    • Lot 2 (Reserved)
    • Lot 3 (Reserved)
    • Lot 4 - 5.06 acres
    • Lot 5 - 5.02 acres
    • Lot 6 - 5.05 acres
    • Lot 7 - 5.05 acres

Win this Austin Maptote Free!

Win this Austin Maptote Grocery Tote!

Aria Realty, Inc. has a brand new Facebook page!  Once we get to 100 fans, one of our lucky fans will win this Austin Grocery Tote by Maptote.

To enter (for free):

  1. “Like” Aria Realty on Facebook
  2. Share this news with your friends
  3. One we reach 100 fans, we will announce the giveaway!

Winner will be chosen from facebook fans entering the giveaway at random.
You must live in the U.S. and will be notified by Facebook message if you are the lucky winner!

Giveaway ends once we reach 100+ fans on facebook or 4/1/2011

Aria Realty, Inc.

The Austin Home Pro is now Aria Realty, Inc.

The new website is under development at www.ariarealtyaustin.com.

What do you want out of a real estate website?  Submit your feedback here, by email to aria@kilpatrick.org, or on facebook!

Please update your links and we’ll see you on the new site!

Bad MLS Photo of the Week: June 11, 2010

There is plenty more where this came from, check back each Friday for another Bad MLS Photo!

Actual MLS photo
Go ahead, insert your puns here.


Some of these photos are from listings in Austin, which I used to refrain from posting for obvious reasons, but some of these are just to good.

If well over 80% of today’s home buyers begin the search for their next home online, are pictures important? Sure, most listings have at least photo, mostly because even the laziest of Realtors® will be fined by our Austin Board of Realtors® (Supplier of our MLS system). We used to only be able to post 8 photos, then 12, but now we can post 25 so make sure your agent is doing your house justice with a high quality and quantity of photos!

My question to you… how important, really, is the quality of the photography? Some sellers (and their agents) scratch their heads at “why buyers can’t see around” a bad photo or furnishings fitting to a strong personal taste. These weekly postings of actual MLS photos should help to illustrate to even the most stubborn seller/agent that quality of photography is important.

Bad MLS Photo of the Week: June 4, 2010

There is plenty more where this came from, check back each Friday for another Bad MLS Photo!

Actual MLS photo


Some of these photos are from listings in Austin, which I used to refrain from posting for obvious reasons, but some of these are just to good. Sorry if your house appears in one of these posts… I’m sure it’s absolutely beautiful in person and I hope you sold /will sell it for what you want!

If well over 80% of today’s home buyers begin the search for their next home online, are pictures important? Sure, most listings have at least photo, mostly because even the laziest of Realtors® will be fined by our Austin Board of Realtors® (Supplier of our MLS system). We used to only be able to post 8 photos, then 12, but now we can post 25 so make sure your agent is doing your house justice with a high quality and quantity of photos!

My question to you… how important, really, is the quality of the photography? Some sellers (and their agents) scratch their heads at “why buyers can’t see around” a bad photo or furnishings fitting to a strong personal taste. These weekly postings of actual MLS photos should help to illustrate to even the most stubborn seller/agent that quality of photography is important.

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