According to the most recent housing forecast, Fannie Mae economists predict that existing-home sales will rise by 10.5 percent this year, and by 6.2 percent in 2014. The forecast looks even sunnier for new, single-family home sales, projected to grow 15.1 percent this year and an amazing 44.1 percent in 2014! Time will certainly tell if these predictions turn out to be true, but it seems like a great sign of a recovering housing market.
If you’re a home seller, it may be tempting to think about going it alone in the real estate market. However, as stated by Realtor.com:
“Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®.”
In addition, a Realtor can also help you in negotiations, act as your marketing coordinator, and work with you through various legal aspects of the transaction. Here’s another reason you may want to think twice about going it alone when it comes to real estate.
If you want to talk more about your options as a seller with no obligation, contact Steve at 512-829-2062.
The volume of home sales in Austin outpaced last year significantly and the price for Austin-area homes continued to rise. Check out the statistics below:
February 2013 Statistics
1,626 – Single-family homes sold, 26 percent more than February 2012.
$208,500 – Median price for single-family homes, seven percent more than
71 – Average number of days single-family homes spent on the market, 15 days fewer than February 2012.
2,574 – New single-family home listings on the market, one percent more than February 2012.
5,121 – Active single-family home listings on the market, 25 percent fewer than February 2012.
2,223 – Pending sales for single-family homes, 15 percent more than February 2012.
2.6 – Months of inventory* of single-family homes, 1.6 months less than February 2012.
$430,324,152 – Total dollar volume of single-family properties sold, 32 percent more than February 2012.
Looking for something to do this weekend? Want to help support local schools? Come out to the Annual Denim & Diamonds Gala this weekend and enjoy dinner, dancing, casino, and silent auction, all benefiting the Dripping Springs Education Foundation. For more information visit http://www.dseducationfoundation.org/events/denim-diamonds-gala
February 2013 real estate market statistics for the Dripping Springs area gathered from the most recent MLS data.
If you’re thinking about building or remodeling a home, you may already have a Pinterest board filled with ideas for your dream home. However, wouldn’t it be nice to have a whole website dedicated to not only helping develop an online idea book filled with pictures from top designers, but also serve as a one stop shop to assist you in finding contractors, and selecting products to make those idea books a reality? Enter Houzz.com. This free website allows you to browse over 1 million photos by room and design, search through over 350,000 products curated by the sites experts, and helps you find professionals in your area. You can even discuss your remodeling/building questions with other members and professionals. So if you’re thinking about building or tackling a remodeling project, or are already in the process, checking out Houzz.com might just make your life a little easier!
It’s awards day here at Keller Williams! Congrats to our team for receiving the #1 Listings Taken award and Top Closed Volume award!! Our team was also awarded top GCI, the Quadruple Gold Medal for production, not to mention Steve received the Cultural Ambassador award for the Dripping Springs office for his outstanding leadership! What a great day!
Have you ever wondered if there’s a secret to selling your home quickly and for the most money? Well, while there’s no magic formula, this week I wanted to share one tip that may help you sell your home almost two times faster and for more money than the competition. Check out the video above to find out more, and if you want to talk more about selling your home, give me a call! 512-829-2062
Mallett Integrity Team
Dripping Springs, TX 78620 PH: 512-829-2062