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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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Planning On Selling Your Austin Texas Home? Let Me Help You Sell For Top Dollar!
Are you thinking about selling your Austin Texas home? If so, you’ve come to the right place! Now is the perfect time to sell your often home because the real estate market is literally on fire and owners that are selling their properties in many cases for far above their asking prices. Work With An Austin Texas Real Estate Expert As a longtime Austin Texas realtor, I’ve seen it all, and I’ve done it all in the local real estate market. When it comes time for you to sell your property, you can have confidence and peace of mind knowing that should you choose me to sell your home, you’ll…
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10509 Cannon Mark Way – Don’t Miss This Spacious Austin Texas Home For Sale
Are you searching for a home in Austin Texas? If so, you don’t want to miss 10509 Cannon Mark Way, a spacious Austin Texas home for sale. Built by Drees Custom Homes, this Austin Texas Home For Sale also sits on one of the latest lots in Northwood Estates at Avery Ranch. Grand Entrance At 10509 Cannon Mark Way From the moment you enter this beautiful home, you will notice that home as a dramatic entrance that’s also spacious, warm, and inviting. Do you love cooking but hate being away from the action? The oversized kitchen overlooks the family room and features custom knotty alder raised panel cabinets with timeless…
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Austin’s median home price jumps nearly 29%, highest increase in nation
AUSTIN (KXAN) — The Austin housing market continues to set records despite all the hurdles and barriers it faces, the Austin Board of Realtors said in a report released Thursday. The Austin-Round Rock metropolitan statistical area covers five counties, and the board’s report said sales volume lost due to the February winter storms was recovered in March, and the median price for a home rose by nearly 29% compared to last year to an all-time high of $425,000. In a study by online housing brokerage Redfin, Austin’s median housing price jump was the highest in the nation, beating out Fresno, California and North Port, Florida, both at 23%. Redfin’s study…
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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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2907 East 13th Street, Austin Texas 78702 – Don’t Miss This 3 Bedroom, 3 Bath Austin Home!
Are you searching for an Austin Texas home that has plenty of outdoor space? If so, you don’t want to miss 2907 East 13th Street! This home sits on 0.149 acres and offers plenty of outdoor space to park your boat, RV, patio for grilling and lots of room for a beautiful garden. Besides offering a fantastic location that’s just two miles from downtown, this fantastic Austin Texas home for sale offers 3 bedrooms, 3 bathrooms, and 1,922 square feet of space. This home truly offers something for everyone but an exceptionally unique place to live because it’s right in the middle of everything but far enough back from the…
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Smart tips for buying your dream home before you turn 40
Buying a home has always been a milestone and something that generations have fixated on. It commands a lifetime of savings and a lot of effort. Although, the millennials had conveniently stepped away from that fixation for a couple of years. But as things stand, owning a home is back on the radar. Nothing can substitute the safety and comfort of having a home when going through a crisis such as the present one. It kind of feels like a shield that one can use to combat the worst that could befall you. However, it also commands a lot of planning. And we have seen the previous generations meticulously working…
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Your guide to Rainey Street, one of the hippest districts in Austin
Austin recently landed on the list of U.S. cities with a population of 1 million or more, and it’s not hard to see why everyone’s flocking to ATX. With its important music history, rich culture, and reputation for “keeping it weird,” Austin is a hot destination for both residents and visitors. That’s the niche that Natiivo Austin uniquely fills. Once completed in fall 2021, the 33-story tower on Rainey Street will offer 249 fully furnished units, all the perks of a high-end hotel, and the chance for you to purchase a condo and rent it out whenever you choose. It’s a completely new real estate concept. Natiivo also has a stellar location near Lady Bird Lake and…
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Austin Among Nation’s Best Real Estate Markets: Report
AUSTIN, TX — As mortgage rates hit record lows but amid a backdrop of the coronavirus, researchers sought to identify the nation’s best real estate markets — with Austin cracking the top ten list. Researchers at the personal finance website WalletHub released its report on 2020’s Best Real-Estate Markets detailing the nation’s most attractive real-estate markets in the U.S., comparing 300 cities across 24 key metrics. The data set ranges from median home-price appreciation to home sales turnover rate to job growth. Once crunched, the numbers showed Austin in the 7th overall position among the nation’s best real estate markets, and the 3rd ranking among large cities — bested only by Seattle…
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Austin Real Estate Market Update – July 2019
It’s hard to believe that it’s August 2019 already! If you plan on buying a home in Austin Texas this article will provide you with a breakdown of how the ATX real estate market did in July. Average Sales Price Right now, the average sales price for a home in Austin Texas is $396,110. This is an increase of close to 4% from July of 2018. Before buying a home in the ATX area make sure that you’re pre-approved for a mortgage loan because pre-approval will help your offer to stand out from other home buyers who may not have been pre-approved for mortgage loans. Units Sold Last month we…
