2013 Year-End Totals
- 27,298 – Single-family homes sold, 19 percent more than 2012.
- $223,890 – Median price for single-family homes, nine percent more than 2012.
- 50 – Average number of days that single-family homes spent on the market, 19 days fewer than 2012.
- 34,132 – New single-family home listings on the market, nine percent more than 2012.
- 5,492 – Active single-family home listings on the market, 20 percent fewer than 2012.
- 28,017 – Pending sales for single-family homes, 12 percent more than 2012.
- $7,933,813,683 – Total dollar volume of single-family properties sold, 28 percent more than 2012.
“Dell Inc. is attempting to cut costs by offering buyouts to employees through a “voluntary separation program.”
An undisclosed number of workers at the Round Rock-based company have until Dec. 20 to agree to the buyout packages, the Wall Street Journal reported Thursday.
Spokesman David Frink declined to disclose the number of jobs Dell plans to eliminate or whether it would layoff workers.”
Click the Dell logo (above) for the entire article published in the ABJ.
AUSTIN, Texas – Nov. 21, 2013 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales and prices increased nine percent in October.
According to the report, 2,145 single-family homes were sold in the Austin area, which is nine percent more than October 2012. The median price for Austin-area homes was $217,000, which is nine percent more than the same month in 2012.
Cathy Coneway, 2013 President of the Austin Board of REALTORS¬® explained, “Given the last year of steady sales volume and home price increases, many have begun to wonder if Austin is in a housing bubble. This is not the case. Industry experts say the growth of Austin’s housing market has been fueled by true demand, not speculation. Our city’s high growth rate – currently estimated at 150 people per day – is a primary reason why we continue to see increases in home sales and prices.”
Yes, someone with a great sense of humor has created a blog of “Inexplicably bad property photographs. It’s that simple.” My professional experience tells me that these properties probably sat on the market a long time…
Click on the above photo to enjoy some good, clean, real estate humor!
- Austin added 28,400 jobs or 3.5% in the last 12 months ending in July
- Austin ranks as the 8th best performing Metro job market.
- The majority of the job growth came from the private sector
- By comparison, overall US job growth was 1.7%
- Jobs in both Texas and Austin peaked in November of 2008. Austin is now 62,900 jobs (8.0%) ahead of its pre-recession peak and Texas now has 459,700 jobs or 4.3% more than it’s peak
- Even though the US created 2.3 million jobs this last year, total U.S. jobs remain 3.5 million short of the US peak in November 2007.
- Austin had the fourth lowest rate of unemployment among the 50 largest metros at 5.6%.
- With Austin’s unemployment rate down from one year ago, the number unemployed has also declined. In July 2012, Austin’s number of unemployed was 60,875, and has decreased by 2,787 or 9.5%, to 55,088. Texas is also showing larger growth in employed (2.4%) than in labor force (1.6%), and 76,360 fewer people (8.2%) are unemployed.
AUSTIN, TX (September 16, 2013) - With a net gain of 12,000 associates in the past year, Keller Williams Realty is now the largest real estate franchise in North America. The announcement, based on publicly available agent count data as of September 9, 2013, was made during Keller Williams Realty’s Midyear State of the Company presentation. Keller Williams is now home to more than 90,000 associates around the world.
“We are not a company of complacency,” CEO Mark Willis said. “We have the best business model in the industry and it’s leading to increased productivity, profitability and profit sharing that are at all-time highs for our company and unrivaled in our industry.”
In recent months, Keller Williams Realty has shattered its monthly records for listings taken, contracts written, commissions earned, owner profit and profit share:
- Year over year, units are up 8 percent, closed volume is up 17 percent and gross commission income is up 18 percent.
- Ninety-five percent of the company’s offices are profitable year to date - a figure that far outpaces the standard for franchise businesses.
- In the past 12 months, the company has distributed $58 million in profit share to associates, a 33 percent increase over the previous year.
Click here to continue reading the entire press release
“One of the principle legal questions left in the wake of the United States Supreme Court’s decision striking down key portions of the Defense of Marriage Act (United States v. Windsor) was the tax impact it would have on same-sex spouses. That is, would the IRS now recognize the marriages of same-sex spouses who live in any state, or only in those states that legally recognize same-sex marriages?
For example, if a same-sex couple was married in Massachusetts (which recognizes same-sex marriage) but lives in Florida (which does not recognize such marriages), would the IRS consider them married?”
Click here to read the entire article by Stephen Fishman, contributor to Inman News
AUSTIN, Texas – September 4, 2013 – Today, the Austin Board of REALTORS® (ABoR) announced plans to begin construction on an approximately 33,000-square-foot new member facility. The new building will provide multiple new technologies and member services for ABoR’s nearly 9,000 members across Central Texas, along with staff offices.
Cathy Coneway, Chairman of ABoR, explained: “We’re thrilled to announce the plans for our new facility. ABoR’s members are technologically savvy and highly mobile. Our new building will be dedicated to giving them the member services they expect along with the technology and educational resources they need to serve consumers.”
Click here to read the full announcement