Austin Real Estate News July 2021

Austin real estate news shows the June market volume of homes sold set records once again.  According to the Austin Board of REALTORS® (ABoR) June and Midyear Central Texas Housing Market Report, 4,369 homes sold in June, a record for June, across the Austin-Round Rock Metropolitan Statistical Area (MSA), an 8.6% increase year over year. The record-setting number of transactions for any June on record contributed to an increase of 16.5% to 19,991 home sales during the first half of 2021.
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Austin Home Sales Keep Getting Hotter

Austin home sales keep getting hotter.  The greater Austin area posted record-breaking gains in May, as the median home price reached an all-time high—for any month on record—of $465,000, while both home sales and sales dollar volume skyrocketed, according to The Austin Board of REALTORS® May 2021 Central Texas Housing Report. Continue reading

Central Texas March Housing Market Madness

Central Texas March housing market data is out and the numbers certainly reflect the madness active participants have experienced first hand.  The Austin real estate market continues to soar at a record pace. One thing to note here is that we essentially hit the pause button last year on March 13. Was I essential? Could I still show homes? When could we leave our home? I’m not saying it’s not crazy out there, but comparing March YOY specifically is a bit of an outlier in terms of data. Time will tell. Continue reading

How to Buy a House in Austin

Want to buy a house in Austin? The Austin real estate market is very fluid right now. It is data-informed and not as data-driven as I would like. A non-data-driven market is volatile when it comes to home values and hard to predict because much of it is based on how much cash someone has available and how much emotion is driving the decision. Continue reading

Austin Housing Market Froze in the Snowpocalypse

The Austin Housing Market sat frozen with much of Central Texas last week, as the city sat with no power, no water, and no clear end in sight.  If you’ve never heard my accent before, you may not be aware that I am originally from the Northeast coast. Growing up on the border of New York and New Jersey, I am used to snow. I am used to several feet of snow, having to wait for a plow to come through my street and then through my driveway just to be able to go to work. Yes, we drive in the snow on the east coast, it happens too frequently not to. There is a difference between driving in snow and ice though, and certainly a difference in having a 4WD vehicle.  Continue reading