Eric's Blog

These days 1st time buyers have a lot of options available to them. It seems like the only reason not to buy is because you can't! Interest rates are at an all time 40 year low an the government is paying buyers an $8000 kings ransom for anyone that wants to and can take advantage of the stimulus...

There are probably more than 8000 reasons why now is a great time to buy a 1st home but the most obvious is $8000 in stimulus program money. If you currently own then you may qualify for $6500 in stimulus money. Details can be found at the IRS website. Rates are at a 40 year low but are expected ...

Every city is a little different. I was maping the overall production in 2009 for agents across the country. If you have some time let me know what city your in and if sales were up or down from 2008 for you and by how much. If you don't want to use actual numbers that's perfectly fine.  A percen...

Who Thinks there will be an extension to the Buyer stimulus program? The program has been extended once back in November 2009 but will it end forever on April 30th? I have heard many discussions on this from both Realtors and Loan Officers. Does anyone out there have some information on possible ...

Are you good with a hammer? You may want to see the home on Bouldin Ave in Central Austin. Its a great opportunity for someone that can do some fix up. If you would like to see this home you can check it out on the my website or give Eric Olson a call at 512 905-0506.   MLS #: 4187065 Price: $299...

Foreclosure homes offer a great way to get a home at a below market price. As a buyer you need to be careful and select something within your budget but by looking at foreclosure homes you may be surprised at how much home you can get. Banks are trying to get homes of their books. To do this the ...

Many buyers are taking advantage of the $8000 stimulus money. This is great in the short run for the real estate market but was it the right solution? The market is being artificially held up by this government program. When it ends the sales could quickly slow and we may see another speed bump i...

I have a property that has been on the market for 477 days. We initially got a few offers in the 150's before the market turned sharply down last year and the bank turned them down because they felt it was too quick and the offers were likely lower than what they could get by holding out. 477 day...

I really see the Austin Housing Market taking off again. The Rates we are seeing are super low and the opportunities are plentiful. It seems to be in the lower end of the market around 100K - 300K. I would atribute this to the $8000 tax credit for first time buyers. The people that can qualify ar...

These are the the statistics for the Cedar Park Homes/Single Family Site Built/Manufactured or Mobile Homes for the past 6 months. We're seeing homes on the market for about 2 months before they sell. I have more Cedar Park property information on the web.  Property Type: Residential Status: Sold...