Austin is a bustling hot spot these days. The influx of new buyers and businesses moving to Austin has cast a wider net for housing development. To the east, the new Tesla gigafactory has propelled new construction near the area. Whisper Valley, a unique eco-community, is starting to pre-sell Phase 2 called Whisper Highlands and includes five different builders to date. To the west, sales and residential construction in the Westlake and Lake Travis areas are strong. The farther reaching development is partially a byproduct of the pandemic as buyers seek less dense areas and more personal space. Continue reading
AUSTIN, Texas— Moving to Austin? As the summer real estate market season comes to a close, the Austin Board of REALTORS® (ABoR) latest Central Texas Housing Market Report indicates the Austin-area housing market continues to exhibit strength, despite economic setbacks amid the ongoing pandemic. The Austin-Round Rock MSA posted robust gains this August, as home sales experienced a double-digit increase of 12.9% year over year to 4,019 sales. Continue reading
I went on a couple of listing consultations last week. My listing consultation includes a home tour so that I have an idea of the updates, upgrades, and other bells and whistles the home might have. While the list I create may help market the property; the list I leave the owner will actually help sell it. Remember, you never get a second chance to make a first impression, and that first person who views it might be the buyer. Continue reading
Recently sold this two-story majestic home located in the Covered Bridge neighborhood. Located at 8704 Samuel Bishop Drive in Austin Texas, the two-story home featured a four-sided masonry exterior with covered backyard patio area. The hillside location provides the perfect opportunity for sunset views overlooking the Texas Hill Country landscape. 8704 Samuel Bishop Drive is a five bedroom home with the main bedroom location on the first level. The home also boast a first floor office which offers the perfect work-from-home convenience homeowners are seeking today. The secondary bedrooms upstairs offer additional lifestyle flexibility for either secondary living space or a media room. In addiiton, to a plethora of closet space throughout the home, there are dual walk-in-attics which perform as two additional large walk-in closets. Continue reading
AUSTIN, Texas—According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Austin-Round Rock Metropolitan Statistical Area (MSA) continues to exhibit resiliency in the face of COVID-19. The MSA posted its second consecutive month of strong home sales numbers with a 21.5% increase in July sales year over year. The robust increase demonstrates the vital role real estate will play as the region begins its economic recovery from the COVID-19 pandemic.
Austin Home Sales Rise in Median Prices, Units and Dollars across MSA
In addition to the 21.5% jump to 4,537 home sales across the five-county MSA, the median price increased 10.7% to $353,000 and sales dollar volume also soared 36.7% to $2,037,152,035. Pending sales climbed 32.2% to 4,607 as new listings increased 13% to 4,767, while active listings dropped 32.4% to 5,309 due to demand. Continue reading
Swimming pools are an instant source for entertainment, relaxation, and exercise. They provide a backyard retreat, a tranquil view, and a luxury marker some buyers dream about having. For those real estate buyers who want a pool, houses with them are much easier to sell. Forget the condition of the house– that oasis in the backyard, especially on a hot day kind of sells itself, doesn’t it?
Pools can often be a hindrance more than a help when selling. Not everyone wants a pool. In fact, I would say 70% of people do not. Pools cost money and time to maintain. In addition, there are safety concerns for people with small children and pets. They can also take up a lot of yard space. Continue reading
Austin Texas is hot and I’m not just talking about the temperature. According to the May Central Texas Housing Report, we’ve got less than 2 months of residential real estate inventory overall, which is certainly keeping everyone on their toes. Temperature-wise, if buyers have flexibility in their schedule, it is often best to go early in the day. Cooler temps keep spirits high and make the process more enjoyable for all. Continue reading