Austin Housing Market Predictions? It’s that time of year when I’m asked to take out the crystal ball and predict what the future will hold. Homeowners start to question whether to sell now. Homebuyers don’t know whether to start shopping now or wait until spring. Continue reading
Austin Real Estate News November 2021 – According to the Austin Board of REALTORS® (ABoR) October 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market remains on track for a record-breaking year, even as the market continues its calming trend. Home sales across the MSA decreased 12.1% to 3,250 closings compared to October 2020 as the median sales price grew 24.7% year over year to $455,000 setting a record For the month of October.
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How to buy a house when you already have one? There has been a lot of moving in Austin, quite frankly nationwide. Over the last two years, the pandemic provided some fluidity to the national workforce and virtual proximity to the office, providing the opportunity to move here to Austin with the same job. The arrival of more tech companies created job opportunities for those seeking a fresh start. Lastly, the historically low-interest rates, coupled with the influx of buyers created an abundance of demand, which elevated equity almost overnight. Continue reading