Austin Real Estate is Lit Up with More Homes, Lower Prices

Austin Realtor l Central Texas real estateAustin real estate market news for December 2023 is here. The Central Texas housing data shows that the Austin Round Rock MSA dropped 8.4% to $424,450 last month. The market is now illuminated with an abundance of homes, lower interest rates, and more attractive price tags. If you’ve been dreaming of owning a piece of Austin magic, now might be the time to step out of the cold and into a warm, welcoming home.

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Buy a home or sell one now? Fall Real Estate Guide

Real estate guide for fall l Austin real estate market l home buyer advice l home seller adviceSome homebuyers and sellers had their fill of the Austin real estate market this past year. There are reasons to stay in the market, to get in the market, and certainly reasons to step away for now. As the song goes, you gotta know when to hold ‘em, fold ‘em, and walk away. Here is a real estate guide to navigate the fall market with home buyer and home seller advice. Continue reading

Austin Real Estate Market on the Move: November 2023

Austin real estate market news for November 2023 is here. The Central Texas housing data shows that the Austin Round Rock MSA experienced an increase in residential homes sold rising 4.1% year-over-year to 2,337 total sales demonstrating that buyers are finding value in the market despite higher interest rates. October median sales prices dipped 7.5% and spent an average of 21 more days on the market year over year.

According to the Austin Board of REALTORS® October 2023 Central Texas Housing Market Report, the Austin-Round Rock MSA, experienced a decrease month-over-month in closed sales by about 50 units. Housing inventory is the best it has been in years and buyers are showing up.  Pending sales month-over-month are also down by about 50 units but seasonally comparing year over year, October was up by 12%.

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Selling Homes with Good Chi

selling homes with good chi l home selling advice

Selling homes with good chi is no different than working with people with good energy. They both make you feel good.  I have always been gifted with clients radiating great energy. How often do we think about homes having positive vibes too?

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. Continue reading

How’s the Market? It’s Making Lemonade

Austin real estate market l Austin Texas Housing Market l How's the market? l builder incentives How’s the market? Making today’s real estate market work means making lemonade. The real estate market as a whole is slow. It’s slow because people have more homes to see than they have had in years. It’s slow because mortgage interest rates are high enough to question whether any house is worth it. It’s slow because housing prices haven’t really come down enough to aid in the affordability factor. Interest rates and housing prices equal fewer ready, willing, and able buyers. While it may be slow, it is not dead. More and more sellers are meeting the market where it is. 
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Austin Real Estate News October 2023

Austin real estate news October 2023Austin real estate market news for October 2023 is here. The Central Texas housing data shows that the Austin Round Rock MSA reached 4.0 months of inventory, the highest level in more than eight years. There was a drop in closed sales along with median prices indicating affordability and higher interest rates are tempering the market. September median sales prices were down 4.3% and spent an average of 24 more days on the market year over year.  

According to the Austin Board of REALTORS® September 2023 Central Texas Housing Market Report, the Austin-Round Rock MSA, experienced a decrease month-over-month in closed sales, indicating the market has cooled a bit. Housing inventory is the best it has been in years.  Cash buyers or those who can work with the financing options available, have a bit of a selection right now.  Those choices are creating a more competitive market for sellers  as home sales slow. 

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House Hunting Season is the Best Time to Buy

house hunting I house hunters I Austin real estate l home buying tips It’s not rabbit season.  It’s not duck season. It’s house hunting season.  I’ve been hosting open houses and have had visitors. The Texas heat has been similar to the dead of winter in that if people are getting out of their climate-controlled vehicles to visit me, they are for a reason. They are hunting. House hunters are not desperate. These buyers are slow, meticulous, and move when they are ready. House hunters want to buy a house and may need to buy a house, but whether they date the rate or marry it – financially it’s a big decision and they are taking their time.
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