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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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April 2006 Market Report: Austin REALTORS® Report Strong Local Market Despite Nationwide Cooling

The April Multiple Listing Service (MLS) Report from the Austin Board of REALTORS® shows strong and growing demand for Central Texas homes - a trend that runs counter to the national market. Single-family home sales were up 12 percent from last year to 2,190 and contributed $517,812,360 to the local …

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