When is the Best Time to Buy a House?

home buying tips l best time to buy a home l best time to buy a house

When is the best time to buy a house? Many buyers think of springtime. The weather is nice to take a good look at a potential home on the outside, take a walk around the yard, and tour the neighborhood amenities.

Closing on a home in June or July also gives people a chance to transition schools over the summer. There are typically more choices too. April and May often give buyers the most inventory, because many sellers list their homes during that time. When considering the best real estate season, spring certainly makes sense. Continue reading

Austin Real Estate: September Market Update

Austin Realtor l Austin Real Estate market

Austin real estate closed listings across the Austin-Round Rock-Georgetown MSA decreased 10.4% year-over-year with 2,591 sales.  That left 4.9 months of available inventory, according to the latest Central Texas Housing Report.  Active listings increased 15.4% year-over-year. The median home price dropped by 4.4% to $439,990 indicating more opportunity for buyers, though home prices need to decrease further to significantly impact sales growth across the region.
Continue reading

Austin Real Estate: August Market Update

Austin real estate market l Austin Realtor

Austin real estate closed listings across the Austin-Round Rock-Georgetown MSA decreased 3.5% year-over-year with 2,652 sales.  That left 5.1 months of available inventory, according to the latest Central Texas Housing Report.  Active listings increased 20.3% year-over-year.  While inventory is high, remember markets are local.  Sales increased outside of Travis County enough to keep the median sales price to $450,000, the same month-over-month.
Continue reading

Austin Real Estate News and Housing Market Insights

Austin Real Estate News from Doreen l Austin Realtor

AUSTIN, Texas —In June, closed listings across the Austin-Round Rock-Georgetown MSA decreased 13.4% year-over-year with 2,732 sales.  That left 5 months of available inventory, the highest since 2011 according to the latest Central Texas Housing Report.  Active listings increased 25.9% year-over-year. The amount of homes for sale coupled with elevated mortgage rates has tempered the median sales price to $450,000, a 6.3% reduction over June 2023.
Continue reading

Austin Real Estate Trends: More Options Give Buyers an Edge

Austin Real Estate News from Doreen

AUSTIN, Texas —In May, closed listings across the Austin-Round Rock-Georgetown MSA decreased 12.8% year-over-year with 2,968 sales.  That left 4.9 months of available inventory, which hasn’t been seen in 13 years according to the latest Central Texas Housing Report.  Active listings ticked up 37.7% year-over-year. Because of this increase in available options, buyers have the power to be more selective when purchasing a home.
Continue reading

Spring Austin Real Estate Market: Sales Bloom

AUSTIN, Texas —In April, closed listings across the Austin-Round Rock-Georgetown MSA increased 5.9% to 2,708 sales, the highest year-over-year increase in residential homes sold this year, while the median home price rose 1.1% to $469,998. The data demonstrates that there is a collective sense of confidence and optimism in the housing market among both homebuyers and sellers according to the latest Central Texas Housing Report.
Continue reading

What makes a home a condo?

What makes a home a condo? l Austin condos for saleWhat makes a home a condo? I represent buyers and sellers all over Central Texas. When I’m not looking for specific buyers, I’m touring new communities. I have seen various types of condominium regimes and neighborhoods comprised of fee simple single-family houses. Think you can tell a fee simple house from a condo? Think again. The perception is that you can tell a single-family house or duplex from a condo just by looking at it. Truth be told, there is nothing about the style of a house that dictates its classification. Continue reading