Stay in the present. It is the only market that matters when buying or selling a home. Currently, the Austin real estate market is finding its footing as it starts to balance out. Some homes have had price adjustments, a portion has been sitting for a month or more, and others are selling in less than a week.
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The real estate market doesnāt appear to be at base camp anymore. Itās climbed the mountain, possibly reached the summit, and now seems to be hanging out, smelling the remains of the May flowers. According to ABoR’s Central Texas Housing Market Report, the real estate inventory for all 5 counties that make up the Austin Central Texas Realty Information Service (ACTRIS) and Austin – Round Rock Metropolitan Statistical Area is now at a one-month supply. Continue reading
Sold in Kyle. 411 Primrose Boulevard is a sweet home that checks plenty of boxes. It is a single-story home nestled within an established neighborhood. Located less than 1 mile from Steeplechase Park with Dog Park and Lake Kyle Park, and about 4.5 miles from I-35. Continue reading
If Austin real estate was a cocktail, it has been rattled around in a shaker in recent years. The mix of the jarring jump in home prices, the steady climb of interest rates, and now the gut-punch of tax valuations; itās enough to make buyers, sellers, investors, and owners alike feel like they have just been battered by ice cubes in a beverage shaker. Continue reading
I just sold this Northwest Austin beauty in Overlook at Cat Mountain. After 5 months of searching, It’s the first home my clients actually made an offer on and we were fortunate to be chosen within multiple offers. It was truly a find as my clients really didn’t want a pool and all we were finding were homes that had them. For my clients, finding the ideal location was a bit of a challenge as the commuting distance was an important factor. Continue reading
The real estate market is a multiverse. There really is no single simple market anymore. Back in the day real estate had basic reference points and avenues for everyone. The options were fairly black and white. Those were simpler times.
Then it happened. The real estate market started to split into a multiverse.
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When is the best time to buy a home in Austin? It was yesterday. When is the best time to sell? It is today. Austin real estate and every other market always operate in a constant state of looking in the rearview mirror. We use the past to predict the future, to value the present, and use it to reflect on what might have been. The constant state of reflection and prediction makes it hard to actually stay in the present whether you are a buyer or a seller. Continue reading