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Monthly Archives: March 2023

    Make Your Home Offer the Most Appealing

    By Tim Beary | March 28, 2023

    Sales in February 2023 were up 14.5% month over month and still down 22.6% year over year according to the NAR Housing Snapshot.  The median sales price dipped 0.2% to $363,000 and there are 2.6 months supply of homes on the market compared to 1.7 months a year ago. “Inventory levels are still at historic lows,... Read More

    2023 REALTOR® Day

    By Tim Beary | March 27, 2023

    In this edition … About 3,500 REALTORS® attended 2023 REALTOR® Day at the Texas Capitol.   Quick hits Watch Austin’s KVUE news report on REALTOR® Day at the Texas Capitol. View the recordings of the House and Senate Resolutions declaring March 22 REALTOR® Day at the Texas Capitol. Missed REALTOR Day? Click here to read the summary of the 2023 REALTOR®... Read More

    A New Perspective on the Housing Market

    By Tim Beary | March 21, 2023

    The housing market in 2021 and part of 2022 was anything but normal.  Mortgage rates were at all time lows and may never reach those levels again.  Double-digit appreciation drove prices to new heights.  Low inventories fueled by high buyer demand made multiple offers a normal expectation. As we look at the market snapshots provided by MLS in... Read More

    Rethinking Backup Offers

    By Tim Beary | March 14, 2023

    Like with any professional, there are tools and techniques available to help with particular situations.  They might be more popular at certain times and might even be put aside or forgotten at others. For real estate professionals, one of those is the backup offer.  In a situation where there are multiple offers, the seller can accept any... Read More

    Playing Monopoly Is Good Homework

    By Tim Beary | March 7, 2023

    If you’ve ever been in a Monopoly game after most of the properties have been purchased and developed, it can be a relief to land on Free Parking, knowing the dice must rotate to the next player giving you a respite from paying rent.  Like the game, in real life, it would be nice to avoid... Read More

    Welcoming Spring in Texas

    By Tim Beary | March 3, 2023

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