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Austin booms among top real estate markets for new homes, report says
The Austin new-home market is booming, according to a new ranking from real estate platform Point2. Austin is tied with San Antonio for third place on the list of the major U.S. cities with the most new homes for sale that were built in or after 2012. The ranking is based on active listings from Point2, Redfin, Realtor.com, and Zillow during the last week of April. For Austin and San Antonio, the number of new homes on the market represented a 42 percent share of all homes for sale. El Paso topped the list, with 51 percent of homes for sale being built in or after 2012. At the opposite end of…
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Tips For Reducing Stress During The Home Buying Process
Buying a home is one of the most exciting times in life because of the simple fact that it means you’re going to either be moving up to a bigger home, or you’re going to be purchasing a house for your first name. Regardless of the reason why you’re buying a home now, one thing is for certain, the Austin home buying process can be stressful from start to finish. Thankfully, you can avoid the stress that comes during the home buying process when you follow these simple tips. Tip #1 – Rate Hikes Are Not The End Of The World There’s no denying that rate hikes can be a…
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Austin Texas Events – May 2022
May is almost here and with the awesome weather also comes plenty of great things to go in Central Texas! Here is a list of cool things to do in the Austin area during May. Latino Music Month Various Venues The many Latino music genres are showcased during performances on the Plaza at Austin City Hall each Friday at noon. Other special events throughout the month are presented as well. 5/7/22 – 5/8/22 Pecan Street Spring Arts Festival East Sixth Street A free, family event, the Pecan Street Festival is the oldest and largest art festival in Central Texas. Musicians, food vendors, artists and crafts people turn Sixth Street –…
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Electric Vehicle Ownership On The Rise In Travis County
In 2022, it’s not uncommon to see at least one Tesla in Austin, or across Travis County, daily, compared to two years ago when seeing the most well-known electric car on the market was like spotting a unicorn. One of the biggest reasons why more drivers are investing in electric vehicles in Travis County is Elon Musk, the founder of Tesla, who has a home and factory in the Austin area. Since Tesla’s are now made in Texas, it’s not unlikely that we will see more people driving EMV’s in the next 5 years, especially if prices on the average electric vehicle become more affordable for the average car buyer.…
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2905 E 13th Street – Austin Texas Home For Sale
Searching for an Austin Texas home for sale? If so, don’t miss 2905 E 13th Street in Austin! Located just two miles from downtown Austin, this 3 bedroom, 3 bath home offers 1,780 square feet and a large lot with plenty of room for anyone to enjoy their piece of Austin Texas. About 2905 E 13th Street Large and spacious, this $900,000 home is also located in a great neighborhood that’s also close to the newly improved Upper Boggy Creek Trail and there are plenty of great shops, stores, and things to do in the area as well. From this house you will also be able to enjoy downtown fireworks…
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Austin Named Top Tech City, Rumble Got $15M and More ATX Tech News
Followed by a busy week at South By Southwest, catch up on the latest tech news in Silicon Hills, including funding rounds and Austin being named the best tech city (which most already knew). Keep reading to find out more. This is the Built-In Austin weekly refresh. Austin claimed the title of best tech city in the U.S. CompTIA, a nonprofit IT trade association, published its Tech Town Index. The report evaluated metropolitan areas that have a big tech presence and factored in the cost of living, the number of IT jobs, and projected growth over the next year and next five years. From a list of 20, Austin ranked…
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5 Red Flags That Should Be Deal Breakers When Buying a Home
If you’re buying a home, it’s easy to act based on emotion and move forward with making an offer if you fall in love with a particular property. But you should remember that buying a house is a huge investment and will likely come with a large mortgage payment, so you don’t want to rush into the process of picking a property and end up with a place that has major issues. The good news is, by looking out for a few key red flags, you should be able to avoid a mistake that could come back to bite you. Here are five big signs that suggest you should probably walk away from…
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Texas real estate market could see a cool down in 2022
AUSTIN — Texas home prices skyrocketed in 2021, but it may begin to slow in 2022, experts say. Mortgage rates dropped in 2020 as a direct response to the coronavirus pandemic. This pushed homebuyers into the market and set off a frenzy for homes in Texas when the state was already experiencing a population boom. But the push in demand where there was already a limited supply meant prices rose. “The biggest trend [in 2021] was the increasing hike in home prices,” said Luis Torres, research economist at the Texas A&M Real Estate Research Center. “You’ve seen such strong demand due to historically low mortgage rates. I think that was…
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Median price of a home in Austin is now $624,000
AUSTIN, Texas — The latest housing report from the Austin Board of Realtors (ABoR) shows that in March, the median price of a home in Austin rose 22.4% to $624,000 – an all-time record for the city. Last month, ABoR said home sales in Austin decreased 6.3% to 1,048 sales in March, new listings decreased 7.5% to 1,316 listings, active listings rose 20.3% to 533 listings and pending sales dropped by 18.7% to 1,128 pending sales. Monthly housing inventory increased 0.1 months year-over-year to 0.5 months of inventory. “Rising home prices along with nationwide inflation and rising interest rates can seed caution in the market, so it’s important to remember that we are still…
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Austin Ranks Among Top 15 Cities For Homes That Increase In Value
Are you planning on buying real estate in Austin Texas this year? If so, you’re making a smart choice! The Austin Texas real estate market has continued to be on fire in recent years and a recent study has also shown that the ATX area is also a great place to buy a property if you want it to increase in value. 368% Growth Since 1997 Thanks to a recent study by Smart Asset, we know that Austin Texas real estate has appreciated by 368% since 1997. Compare that with Flint, Michigan, the lowest-ranking market. Homes have appreciated by an average of 83% in the same period and carry a…
