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
Austin Real Estate News October 2021 – According to the Austin Board of REALTORS® (ABoR) September 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market is continuing its calming trend. Home sales decreased 5.1% compared to September 2020 as the median sales price of $450,000 set a record for the month of September across the MSA.
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Home buying in Austin looks a little different than it did just a few months ago. Austin real estate data is mirroring what I continue to see out in the streets, the market is continuing to settle out. You may be seeing a bit more price decreases on active homes for sale, whether you are looking on my website or any home search feed. As sold data rolls in, comparable homes entering the market may need to adjust listing prices. Continue reading
Austin real estate news shows the volume of homes sold decreased across the Austin-Round Rock Metropolitan Statistical Area (MSA) year-over-year, according to the Austin Board of REALTORS® August 2021 Central Texas Housing Report. The report states that “despite setting a record for August with a median sales price of $470,000 across the MSA, prices are no longer increasing at a significant rate month to month “
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The Austin real estate market news continues to tell the tale of rising homes prices, little inventory, and who’s moving to town. It is never a dull moment in this town and there is always an answer to ‘what’s next? Continue reading