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August 2022 Real Estate Market Update
Are you planning on buying or selling a home in the Austin Texas Real Estate market? If so, you’ve come to the right place! In this article, we will break down the latest information on what’s happening in the ATX real estate market for August 2022. Median Sales Price Up, Closed Sales Down The Austin Texas real estate market continues to follow the trends that we’re seeing nationwide of fewer sales and longer days on market. Our Austin Board of Realtors recently released stats for July which showed that prices have actually decreased year-over-year while inventory continues to climb across the Austin Area. This is good news for home buyers…
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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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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…
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Austin-area housing market stays hot, sets January records
Continuing the Austin-area housing market’s hot streak, home sales and the median price paid for those homes set records for a January, according to new data from the Austin Board of Realtors. Low mortgage interest rates, high demand and a shortage of homes continue to fuel the market and drive prices higher, experts and real estate agents say. Sales of single-family homes, townhomes and condos soared almost 24% in January, with 2,523 homes changing hands, a record volume for the month. Half of the houses sold for more than $365,000 and half sold for less, a January record for the median price and an increase of nearly 20% over January 2020’s median. Things To Do Before…
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Are We Going to See A Foreclosure Wave In 2020?
One of the top things that most people who are interested in real estate, especially in Austin Texas, having asked us over the class of two months is if we are going to see a foreclosure wave hit the Austin Texas real estate market in 2020. Many people who study the real estate market think that the current economic conditions closely mirror that economy of 2008 which everybody knows that once things began to fall apart, a foreclosure wave hit the real estate market as well. Before 2008, mortgage lenders would lend money to anybody who had a pulse, and it wasn’t uncommon for there to be a wide variety…
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Austin Realtor – Click Here to Buy or Sell A Home in Austin
Are you searching for an Austin Texas realtor? If so, you come to the right place! Now is the right time to buy or sell a home in the Austin Texas area because mortgage interest rates are historically low and demand for ATX properties is high. Don’t miss out on your opportunity to buy an Austin property! Texas is proving to be the next “gold rush” state and Austin is one of the top relocation destinations as many people want to move here from all over the United States. About Me As a licensed Realtor® since 2000, I believe that my diverse clientele and community activism are my keys to…
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Buying Real Estate as An Investment Vs. Home – What’s the Difference?
Are you thinking about buying your first home in the Austin Texas area but people are also telling you that you should also look at the investment potential of the property as well? The good news is that you can indeed move forward with purchasing your first home while at the same time looking for things that will make it an ideal investment property when you follow the tips in this article. How to Make Sure It Will Be A Great Home When purchasing your first home you should first review your credit and clean that up before applying for a mortgage loan because your score will ultimately affect what…
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Austin Texas Is The Top City For Real Estate Prospects In 2020
Are you planning on buying or selling a home in the Austin area next year? If so, the ATX area continues to remain the top city for buying or selling a home in the United States, especially in 2020. Why buy or sell a home in the ATX area? The answers are simple. Homes in the Austin Texas area are still priced lower than other comparable properties nationwide, Central Texas has a thriving jobs market, there’s plenty of things to do in the area, and so much more! Buy Or Sell A Home In Austin During 2020 The Urban Land Institute, or ULI, cited Austin as the top U.S. real…
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Mortgage Interest Rates Keep Dropping Making Now A Great Time to Buy or Refinance
We’re at a period in the real estate market where many people thought interest ratwes would be climbing back up into the 5’s or higher but they are dipping down to 3.5%, making right now an excellent time to either buy a home in Austin or refinance your home. What’s driving mortgage rates today? Average mortgage rates edged down again yesterday, in line with our prediction. That makes three days of falling rates and one when they held steady in the last four business days. But recent falls have barely made a dent in the damage wreaked during the Sept. 5-13 period. Of course, mortgage rates today still remain remarkably…
