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Migration Patterns in U.S. Show Move to South, West

comments Published Wednesday, May 17, 2006 by Real Estate Pro.  


Between 2000 and 2004, the South saw a net migration of 1.4 million, mostly in the South Atlantic states of Delaware, Maryland, the District of Columbia, Virginia, North Carolina, South Carolina, Georgia and Florida. The Northeast, and in particular the Mid-Atlantic states of New York, New Jersey and Pennsylvania, saw a net loss of nearly 1 million between 2000 and 2004.

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Migration Patterns in U.S. Show Move to South, West


How to handle 'year of the buyer'

comments Published Tuesday, May 16, 2006 by Real Estate Pro.  


As for marketing and servicing listings, Rouda said all firms and agents do a good job in this area, but it's key to make sure the client knows this. "We recognized last fall that the market was more balanced, so we developed some in-branch training particularly for new agents to help bring them up to speed on what new market conditions are like," said Sherry Chris, chief operating officer of Prudential California, Nevada and Texas Realty.

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How to handle 'year of the buyer'


Texas Property Tax Cut

comments Published Friday, May 12, 2006 by Real Estate Pro.  


Finally some relief - the Texas House of Representatives approved, 139 votes to five, an 11% cut in property taxes. Now the bill goes to the state senate and the governor. If passed, the bill will give school districts around $2 billion from the state's surplus. Most districts across the state are taxing property owners close to $1.50 per $100, which is the maximum amount allowed by the state. Let's hope we get the relief that property owners need.

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Texas Property Tax Cut


Austin Housing Market Remains Strong

comments Published by Real Estate Pro.  


As cities line Boston, Los Angeles and Miami see rising inventories of unsold homes, the Austin market is seeing fewer and fewer homes for sale. Central Texas job growth, the strongest in Texas, is responsible for much of the demand for homes. We saw job growth of around 4.5% in 2005. Because of that, we've seen a 14% rise in the sale of single-family homes for the first quarter of this year. We've also seen the continued trend of rising prices.

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Austin Housing Market Remains Strong


Who Wins: Discount Brokers or Six Percenters?

comments Published Thursday, May 11, 2006 by Real Estate Pro.  


As far back as 2004, the smartest realtor I know told me he wouldn?t pay IAC for client leads because RealEstate.com referrals were always for buyers, and he had all the buyers he needed. The much more ominous thing for highly paid brokers is that now nearly a quarter of buyers, according to the head of one discount brokerage I interviewed, buy a specific home they found online themselves.

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Who Wins: Discount Brokers or Six Percenters?


Condos Planned on Henderson St.

comments Published by Real Estate Pro.  


By SANDRA BAKER STAR-TELEGRAM STAFF WRITER FORT WORTH -- CityHomes, the division of Dallas-based Centex Homes that builds urban town houses, including the popular Addison Circle in Addison, has bought a small tract on Henderson Street just west of downtown where it plans a 50-unit condo development called Fronterra. The land is on the west side of Henderson Street bounded by Lexington, 10th and Texas streets.

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Condos Planned on Henderson St.


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