Texas Real Estate

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Many of you may be hearing news about a downward turn in real estate. I would like to provide you with some clarity on the situation.While we are seeing some hesitation in the market, most likely a result of the barrage of headlines about the national real estate market and the fall-out from the sub-prime lending market, Austin and San Antonio are still very strong markets. Applying the national real estate headlines to our local markets is like saying it is cold and rainy in everywhere in the United States.

Keep in mind that Austin:

Is ranked by Business Week as having the most affordable housing of any metro area in the nation
Is in the top 10 markets nationally for job growth and actually has the healthiest job market in the last 6 years
Has a foreclosure rate that has actually fallen since last year
Is expected to double in population in the next 20 years
Has never seen the dramatic rise in prices that has troubled many markets around the country
Has NO fundamental problems in the real estate market
Has a great selection of homes to choose from, making this a GREAT TIME TO BUY-it’s like having a clearance sale!

So, if you or someone you know are looking to buy, please give me a call and I’ll be happy to help you take advantage of this very opportune time.

Angela
512-762-0923
www.RealTexasAgents.com

Austin MLS Statistics August 2007

Median Price: $192,200 Average Sales Price: $258,954
Annual Appreciation: 6% Average Days on Market: 58
Sales are down 10% and listings are up 21% from last year.

San Antonio MLS Statistics August 2007

Median Price: $156,500 Average Sales Price: $192,744
Annual Appreciation: 8% Average Days on Market: 66
Sales are down 12% from last year.

8 Reasons to List with an SRS

SRS designees are members of an elite group of trained seller client advocates that know the importance of their client’s specific needs by using Seller Counseling Sessions to insure all needs are addressed.

SRS designees concentrate their efforts on the seller client’s ultimate goals to insure the client is at the center of the sale.

SRS designee is extensively trained in a wide variety of manual and electronic marketing methods to uniquely promote your property to the widest range prospective purchasers.

SRS designees understand that negotiation skills are critical to a successful transaction and are trained to position their client to receive the best possible outcome during negotiations of the sale.

SRS designees adhere to the highest level of professional ethics and business practices in delivering ‘Client Level’ services with integrity.

SRS designees are uniquely qualified to exceed the expectations of their clients yielding client trust.

SRS designees know the importance of staging your property for best results. Staging is a critical component, along with accurate pricing, to attain desired results within a timely manner.

SRS designees have an advanced level of understanding on how to collaborate with a variety of cooperating agents of all skill levels in the marketplace to insure that the ‘best’ buyer has an opportunity to purchase your property.

Yours in Excellence,
Angela Sparks
REALTOR, GRI, SRS