Tag Archives: Buying a home

Looking to purchase a home in Austin? Doreen Zelma is a real estate professional ready to help, whether you are a first time home buyer or seasoned second time or move up buyer.

Austin Real Estate is Starting to Bloom

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AUSTIN, Texas — The bluebonnets are popping along with the Austin real estate market.  Spring is definitely in the air.  In February across the Austin-Round Rock-Georgetown MSA, new listings jumped 44.9% to 3,915 listings bringing the total months of inventory for the region to 3 months, up 0.1 months more than February 2023, according to the latest Central Texas Housing Market Report. The data indicates that more owners are ready to sell, giving buyers a broader range of home options to choose from–specifically first-time homebuyers. Continue reading →

Buying Your Dream Home: From Honeymoon Phase to Closing Day

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buying your dream home l Austin real estate l finding the perfect home

The first date with your dream home can feel like love at first sight.  I was showing a home four years ago and when we got as far in as the kitchen, my client waved her hand and said, “Call the listing agent and tell her it is sold. We are buying it, just take it off the market.” She never turned to look at me. Too enamored with her surroundings, I just got a wave and my instructions. Those were the wild west market days of 2021. Emotions were running high. A bit tongue in cheek, I complied and called the listing agent telling her to expect an offer. My client was in love. Continue reading →

Austin Real Estate and Central Texas Market Optimistic

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Austin real estate news l homes for sale in AustinAUSTIN, Texas — The latest Austin real estate news includes a first market analysis of the year released by the Austin Board of REALTORS® and shows an increase in residential homes sold, up 4.3% year-over-year to 1,667 closed sales, and an uptick in pending sales, which rose 3.8% to 2,480 listings, according to the latest Central Texas Housing Market Report. The data demonstrates that more options are available for potential homebuyers and sellers are feeling optimistic moving into 2024.

Clare Losey, Ph.D., housing economist for Unlock MLS and the Austin Board of REALTORS, noted that although still elevated, the recent decline in mortgage rates is contributing to lower home prices and the increase in closed sales activity.

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Unlocking Austin Texas Real Estate

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Unlocking Austin Texas Real Estate l Moving to Austin Tx l move to AustinPeople are still moving to Austin TX. Some even want to move to Austin again. It may be taking a little longer to buy a property partly because of affordability and supply. While the supply is the best it’s been in years, it’s not a compact inventory. The Austin real estate footprint continues to expand its reach in every direction.  Buyers may be able to choose a zip code, but not necessarily a neighborhood.

One of the reasons choices are limited is that homeowners are locked into historically low mortgage interest rates they aren’t motivated to lose – until they get the bug, that is. Once they get the buyer’s bug, the only cure is to buy. 

For sellers who need to sell to purchase another home – that bug is getting hungry if it’s been around for a while. Now that the interest rates have settled down, the decision to move forward with the sale is a little more palatable. Lower interest rates will not only help with affordability, but they will also help with supply.

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Austin Real Estate Chills: Prices Stabilize December 2023

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Austin real estate market news for January 2023 is here. The Central Texas housing data shows that the Austin Round Rock MSA experienced a decrease in residential homes sold down 8.9% year-over-year to 2,295 total sales that resulted from a drop in demand. The decline in inventory turnover leveled Austin home prices a bit, with interest rates playing a key role in cooling off the market in 2023.

According to the Austin Board of REALTORS® December 2023 Central Texas Housing Market Report, the Austin-Round Rock MSA, experienced an increase month-over-month in closed sales by about 230 units. Sellers met the market where it was as buyers were challenged by some of the highest rates of the year.  Pending sales month-over-month were also up by about 20 units but seasonally comparing year over year, December was up by 13%.

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Find A Home for the Holidays: Austin Real Estate Market Tips

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Santas workshop in Zilker Park. Finding a home. Austin real estate market advice. Home buying tips. Home selling tips. Advice from real estate expert, Doreen Zelma, Realtor, Broker Associate The holiday season is officially upon us. ‘Tis the season to make those lists, check them twice, and then rewrite them. Here is some Austin real estate market advice on those wants and needs in your next home including home buying tips, home selling tips, and how to check that must-have list twice. Continue reading →

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

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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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