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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Selling Homes with Good Chi

Selling homes with good chi, are really no different than working with people with good energy.  They both make you feel good. Summer is already here! Is it me or is 2021 going by super quickly? I think the year has partly gone by so fast because like my clients, I have worked at lightning speed for most of the year to keep up. I am extremely fortunate in that all of my buyers have gotten the first home they really wanted. Nobody felt like they were settling. All of my appraisals and HOA documents came in on time with nobody paying crazy rush fees to get them. It has not been easy, but we all have much to be grateful for and thankful for. I have always been gifted with clients radiating great energy. How often do we think about homes that have positive vibes too? Continue reading

Want to Sell your Home? What Else do you Want?

Want to Sell your Home?  The Real Estate Center at Texas A&M University asked if I would write a blog article a couple of weeks ago directed to agents. The market has changed a lot in a very short time. As busy as I am, it has taken even me a minute to adjust, so it is hard to wrap my head around how hard it must be for new agents or even those less active than I. The article I wrote was about having a ‘show me the money’ meeting with buyers. Getting pre-approved for a loan doesn’t necessarily mean you have enough money to buy a home in Austin. It just means you qualify for a loan. 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

Selling a Home in Austin through the Looking Glass

Selling a home in Austin can be a strange experience as a homeowner right now. Austin is weird. Why should selling a home be any different? There are tons of mixed messages out there in terms of what to expect when selling a home in Austin. Yes, Austin is a hot real estate market. It’s been a hot market for years, that is not new news. What’s changed is the proportion of different buyers that make up the market.

Selling a Home in Austin

Austin has always had an influx of new residents. In recent years, the amount of inbound out-of-state new buyers has increased at an exponential speed creating a new narrative when talking about Austin’s affordability. Continue reading

Austin Real Estate Continues to Outpace Itself

Austin Round Rock December 2020 Real Estate Housing statisticsThe Austin real estate market continues to outpace itself.  The Austin-Round Rock Metropolitan Statistical Area (MSA) closed 2020 by continuing to break records as housing market demand across Central Texas reached historic levels.  Austin real estate market activity, according to the December 2020 and Year-End Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), a record-breaking 40,165 homes totaling $17,579,802,503 in sales volume were sold across the Austin area last year. Continue reading

Austin area real estate hits a perfect storm as a blizzard of buyers meets a hot market

The holidays bring out a plethora of emotions and this year real estate is doing that as well.  There just aren’t enough homes out there for everyone who wants to move.  The Austin Board of Realtors® does a great job creating the infographics I post every month.  The data certainly tells the story, but the graphics really paint the picture.  It is hard to express how hot the market is to people until I can actually show them.  Some buyers think only the particular market they are looking in is hot. We are in a collective buyers’ blizzard right now. It is hot all over the Central Texas real estate market right now with no signs of cooling off. Continue reading