The law of supply and demand continues to ring true in central Texas, as the greater Austin area prices are still on the rise. The first Central Texas Housing Market Report of the year shows steady gains in both home sales and prices across the five-county Austin-Round Rock Metropolitan Statistical Area (MSA), according to the Austin Board of REALTORS® (ABoR).
Austin – Round Rock Real Estate Market Statistics for January 2020
In the Austin-Round Rock MSA, residential home sales in January rose 8.5% to 1,947 home sales, with a 9.6% sales dollar volume increase to $726,157,216. During the same period, new listings decreased 14.3% to 2,723 listings, and active listings decreased 24.1% to 4,889 listings. However, pending sales jumped 13.1% to 2,956 pending sales. Monthly housing inventory declined 0.6 months year over year to 1.6 months of inventory. Continue reading
As we ring in 2020, many buyers have a new house on their list of new year’s wishes. Historically, December 28th and New Year’s Day are two of the busiest days of the year for real estate searches. One of the benefits of looking at homes this time of year, is with school out of session – it’s much easier to get around town. Continue reading
For data lovers out there, here are some numbers to know whether you are moving to Austin or within Austin. The Central Texas real estate market is headed for record-breaking sales this year. November home sales throughout the five-county Metropolitan Statistical Area (MSA) pushed the year-to-date total to 30,561 sales, which is approximately 300 homes shy of last year’s total sales volume.
From the Austin Board of Realtors – Each county experienced a double-digit increase in home sales; the city of Austin slightly rose 4.5% to 670 sales, according to the Austin Board of REALTORS® latest Central Texas Housing Market Report. Continue reading
Before we get into the news, I wanted to take a moment to say I’m thankful for you! Support Local Austin will be hitting 14 years soon, and that would not have happened without your loyalty. I am thankful for your business, friendship, referrals and support over the years. I have helped some families through 3 generations which is an amazing blessing and connection to have.
I wish all of you a very Happy Thanksgiving!
Now onto the news….. Continue reading
Take a look at the dining room table you never use, the toys on the floor or maybe the pile of dishes in the sink. Clutter, for many people, can induce stress and is often the source when you can’t quite put a finger on what is bothering you. Understanding some basic principles of Feng Shui can help bring you and your home back into balance. A stress free home is not only important for every homeowner, but it is important to a potential buyer as well. A happy home is easier to sell.
Feng Shui Principles when Selling a Home
Chi is energy. Star Wars fans may identify more with the idea of The Force. The energy that binds the galaxy together is the chi that flows through us and our homes. When our chi is blocked, energy is zapped and we feel sad. Houses are no different than living beings when it comes to chi. When chi is constantly flowing through our homes – we feel good. That is why we often feel better after cleaning them. Clutter blocks chi, which is why we feel suffocated when it starts to build up. Continue reading
The difference between a house and a home is you. The memories, the pictures, the furniture, even the paint color combine to create a unique blend that reflects your own personality and style. Improvements and accessories personalize, improve and/or allow for added functionality that a house may not have had before. Consider them enhancements when it is time to sell an Austin home because they add appeal whether monetary or simply enhance the functionality of a room. Continue reading
I often get asked when it is the best time to sell a house. More often than not, the answer is when the seller is ready. It’s not about a season anymore. Every season is strong in Austin. About 60 people are still moving to Travis County every day and the numbers are even higher in Williamson and Hays Counties. Yes, there are more homes on the market in Austin, in the spring, but as a seller – that also means more competition. Inventory is very low in Austin. There is a housing shortage which has existed for years.
There is no bad time to sell in Austin. Sellers are always excited by the for-sale sign being placed in the yard. It is milestone for sure, but in order to reach that point – you need to be ready. When this list is complete – it’s time to sell: Continue reading