Buying a Home amid COVID-19

I hope you and your families are in good health and good spirits as we collectively fight COVID-19. I have already connected with some of you and will continue to do so. Please reach out to me as well if you want to talk about real estate, are on the lookout for a supply you can’t find, looking for a new show to stream or are just bored and want someone different to talk to. Working from home can be very isolating, trust me I get it. I can certainly provide some tricks and tips to help you schedule your day a bit.

Austin Homes Sales are Strong

The Austin real estate market is strong, and that includes all of Central Texas. Yes, we have changed some business practices, but new homes are still coming on the market daily, houses are still being shown (with some precautions) and sold. Closings still happening virtually, with limited attendance and even taking place outside. Continue reading

January Home Sales Rise as Inventory Continues to Decline

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

What makes a home a condo?

Lately, my clients have taken me from Kyle to Dripping Springs to central and south Austin. I have been showing various types of condominium regimes and neighborhoods comprised of fee simple single family homes. 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

The Larger Austin Gets the Smaller it Becomes

Pay Austin a visit if you are planning to move back after living or having vacationed here in the past. Moving back to Austin requires a bit of a refresher course. Austin has changed greatly over the last decade and is continuing to evolve. The skyline alone has expanded quite a bit with skyscrapers now eclipsing one another annually. The landscape, population and job growth within the city have been taking turns outpacing one another for the last 10 years. Growth lends itself to convenience in some ways, adding greater variety in local eateries, retail stores and entertainment venues. The inconvenience comes with the reality that it is going to take you longer to get from point A to point B. Yes, Austin has been experiencing growing pains, and its residents along with it. Continue reading

New Year – New Home

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

Real Estate News for December 2019

Mozarts Coffee Roasters

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

Real Estate News for November 2019

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