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Essential Tips That Will Make Your House Stand Out
Selling your house is one of the most exciting things that you can do because of the simple fact that you’re moving on to your next property, and accomplishing your real estate goals. In June 2022, the reality is that the current real estate market has changed as it’s gone from being a seller’s market, to a buyer’s market. This means that sellers must go a step further to get their properties ready for sale and ensure that they get the highest visibility possible. If you’re planning on selling your house for the first time, this article will provide you with tips that you need to know to ensure that…
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Austin Texas Real Estate Market – June 2022 Update
Summer is only getting started and the real estate market in Austin is still hot. If you’ve been thinking of buying or selling a home in Austin, this article will provide you with an update on what’s happening in the ATX real estate market. Inventory Is Up! There’s no denying that inventory has been a consistent problem over the last 5 years, especially in Austin, as homes received multiple offers as soon as they were listed, sold fast and drove up home values fast across the ATX area. In 2022, we now have a good problem, there’s more inventory than in years past. Buyers have more homes to choose from…
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Austin housing market showing signs of calming down, according to new report
AUSTIN, Texas — New data released by the Austin Board of Realtors (ABoR) indicates that the real estate market is calming down. According to ABoR’s May market report, housing inventory in the Austin-Round Rock MSA is improving. Active listings skyrocketed 146% compared to last May. That’s a total of 4,173 listings. The rise in listings has caused the housing inventory to more than double to 1.2 months of inventory, up from 0.7 months last May. ABoR reported that last month residential home sales declined 6.7% year over year as the median price rose 19.6%, maintaining the all-time record of $550,000 set in April 2022. Sales dollar volume grew 9% while new listings also…
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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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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 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…
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What Are The Unexpected Challenges You May Face When Buying A Home In 2022?
There’s no denying that now is a great time to buy a home in Austin Texas because interest rates are increasing and buyers want to lock in a low interest rate before the next rate increase. Even though you may think you’re ready to buy a property, the reality is that there are several ‘unexpected challenges’ that come from home buying in 2022 including the following: Outbidding The Other Buyer May Not Be Enough Even though you may get into a bidding war on an Austin Texas home, the reality is that outbidding the other buyer still might not be enough. The seller may agree to a lower bid especially…
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Texas Realtors: Austin median home price jumped nearly double the state average in 2021
A new report from the Texas Realtors showed the statewide real estate market in 2021 was hot, but the Austin-Round Rock market was even hotter. While statewide median home prices jumped 15.7% from 2020 to $300,000, the report said median home prices in Austin-Round Rock shot up nearly 31% to $450,000 since 2020. Since 2018, median home prices have climbed $145,000 — meaning the median home price just four years ago was $305,000. It was the seventh consecutive year the median home price in Texas rose, the report said. The report, which is the 2021 year-end report by Texas Realtors, said Austin has the highest average rent of anywhere…
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Austin home prices are up 36% since this time last year, report says
AUSTIN, Texas — Austin’s housing prices are still rising month to month, according to Realtor.com’s July Housing Report. Realtor.com reports that Austin home prices are up 36% year-over-year. Nationally, listings are up and small home prices are down, according to the July report. Realtor.com reports new listing increases are the highest in Midwestern cities like Columbus, Ohio, Cleveland and Milwaukee. Realtor.com also reported that while inventory is still lower nationally compared to last year, the rate of decline is improving. The U.S. median listing price was $385,000, a 10.3% increase year-over-year, and the typical U.S. home spent 38 days on the market in July. But in Austin, homes go faster and cost…
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New Austin Homes Sale Fast As Low Inventory Drops Prices
AUSTIN, TX — Austin’s new home market saw record fast sales as less inventory pushed total monthly sales lower, according to a July report by HomesUSA.com. The new homes report was released Tuesday and is based on data from the Austin Board of REALTORS Multiple Listing Services, North Texas Real Estate Information Systems, Houston Association of REALTORS, and San Antonio Board of REALTORS. According to the report, new home sales set a record pace in June. The three-month moving average for Days On Market in Austin dropped to 38 days, a new low for the fewest average number of days for new homes to be on the market locally since…
