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June 2006 Market Report: Records Set for June and Midyear Home Sales

Halfway through 2006, figures indicate that this could be another record-setting year for the Austin-area housing market. According to the latest Multiple Listing Service (MLS) Report from the Austin Board of REALTORS®, more homes were sold in the first two quarters of 2006 than during the first six months of …

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Representing Buyers in Custom Construction Transactions

New home construction transactions fall into two basic categories: the purchase of what is commonly called a “spec house” from a builder or the construction of a home on property owned by your client. The latter is commonly referred to as “custom construction.”  Read Representing Buyers in Custom Construction Transactions to …

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May 2006 Market Report: May Home Sales Post Record

According to the May Multiple Listing Service (MLS) report from the Austin Board of REALTORS®, homes sales posted record numbers for the month. Representing a 15 percent increase from the previous year, the 2,620 single-family properties sold collected $619,383,720 in aggregate revenue, 24 percent more than they did in May …

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ACTRIS Bulletin Second Quarter 2006

Read the ACTRIS Bulletin Second Quarter 2006 to learn about SAFEMLS™ tokens that are set for distribution in May, how a new MLS fine will increase accuracy in the selling agent field, review the most recent ACTRIS quarterly update, and more.

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Survey Issues with New TREC Contract Forms

The contract forms promulgated by the Texas Real Estate Commission (TREC), which became mandatory for use on May 1, 2006, contain several changes relating to surveys. Paragraph 6C(1) of these forms seems to be causing some confusion among REALTORS®. Don't be confused--read Survey Issues with New TREC Contract Forms to stay …

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