Monday, March 12, 2012

Neighborhood Information for Austin, TX 78757

  • Number of Homes: 10,487
  • Active Listings: 91
  • Distressed Listings (Foreclosures & Short Sales): 1.3%
Home Ownership
  • Owned: 47.78%
  • Rent: 45.65%
  • Vacant: 6.57%
  • Median Age: 35
  • 35% Married
  • Homes with Children: 2405
Household Income Levels

Highest Education Level Attained

Data from Market Insider; deemed reliable but not guaranteed.

Kyle Pfaffe, REALTOR®
Keller Williams Realty
m: 512-636-9707
I Always Have Time for Your Referrals!

Monday, March 5, 2012

Top Notch Burger in Crestview: Austin, TX (78757)

I visited Top Notch in Crestview, Austin, TX (78757) for the first time after wanting to go for a while. I love charcoal grilled burgers so I had try this restaurant. I ordered the regular cheeseburger with fries and it was good with the unmistakable charcoal taste I was looking for. Next time, I'll have to get their "Longhorn Special"! An Austin original and Crestview mainstay for over 40 years - try it yourself!

Kyle Pfaffe, REALTOR®
Keller Williams Realty

Brentwood Park with the Kids!

I took the kids to Brentwood Park in the Crestview/Brentwood area (78757) in Austin, TX. Perfect weather and lots of fun!

Kyle Pfaffe, REALTOR®
Keller Williams Realty

Saturday, March 3, 2012

Crestview Real Estate Market Report, 2002-2011

Crestview Market Report (78757)
Real estate in the Crestview neighborhood of Austin, TX (within 78757), has seen phenomenal growth and changes in the last 10 years. Looking at only homes, condos and townhomes in Crestview, there were numerous changes in significant real estate metrics, including units sold, average and median sales prices, average and median prices per sqft., days on the market (DOM) and the average percent for sold-to-list price. Please call or email me for information on your particular home or on opportunities to buy or sell property in Crestview.
Sales Prices
In 2002, the the average sales price in Crestview was $159,702. At the Austin real estate market’s peak in 2006, when the most units were sold, the average price was $220,506. While total units sold dropped to only 122 in 2008, the average price still climbed to $263,876, a 65% increase vs. 2002! There has been some contraction since 2008, but prices have recently rebounded to be only -3% down from the peak, still +62%!
Units Sold & Days on Market
Number of units sold increased from 173 in 2002 to 246  in 2006, but then dropped sharply to only 122 in 2008. The average Crestview home sold in only 35 days in 2006, but that period grew to 63 days in 2010. The DOM remained constant in 2011 despite the +35% increase in units sold from 2010 to 2011.
Price Per Sqft. & Average Sold/List Price Percentage
The average price per sqft. grew from $142.69 in 2002 to $188.54 last year, a +32% increase. At its highest point in 2008, the avg. price per sqft. was $207.35. In 2011, the average sale price was only 96.45% of list price vs. 97.69% in 2002. The only time it was lower was in 2010 at 95.15%.
*Data Source: Austin MLS, 3/2/2012;  information is believed to be accurate but not guaranteed.
Kyle Pfaffe, REALTOR®
Keller Williams Realty
m: 512-636-9707

My Amazing Family!

Here are a few recent pictures of my family. They brighten my every day and are incredible motivation for everything I do! I love you guys!

Friday, March 2, 2012

Working With Purpose - My Big Why

I was recently introduced to a concept known “My Big Why.” The basic premise is that you have a specific motivation or purpose for your work. The principle is simple but the ramifications for myself are tremendous.

Every action we do is motivated by a certain desire to one degree or another.  My desire to sleep more keeps me in bed as long as I can. My desire to spend time with my wife and two kids drives me to get home from work as soon as possible. Having and knowing my one specific, foundational motivation to be successful in my work drives me throughout my day. My personal Big Why is to create a better life for my family and have time to enjoy it with them. This motivation inspires me to forgo that afternoon nap I so much enjoy and to work late into the night when needed.

My Big Why also creates tremendous focus in my life. I remind myself of it numerous times throughout my day to help me avoid distractions that cause me to waste my time. Other tasks might be good things to do, but ultimately hurt my productivity and prevent me from getting the most important things done first.

I encourage you to take a few moments today to think about exactly why it is that you do what you do. Evaluate your motivations discover your one driving purpose and use that to stimulate you and bring focus to your work when you need it.

Kyle Pfaffe, REALTOR®
Keller Williams Realty
m: 512-636-9707