Homes for Sale or on Sale? There are two types of residential real estate on the market right now: homes for sale and others on sale. Pricing is a bit all over the place because homes don’t enter the market at the same time. Some were listed in May, others entered in August and more were placed on the market yesterday. The May market was very competitive and it’s also five months old. The May market doesn’t mean much today, and neither does June, July, or August for that matter. What matters is now which is why many home prices are decreasing.
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Tag Archives: Selling a home
The Only Market is the Present One
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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Real Estate Inventory Reaches One Month
The real estate market doesn’t appear to be at base camp anymore. It’s 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 411 Primrose Boulevard, Kyle TX 78640
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
Austin Real Estate has been Shaken not Stirred
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; it’s 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
Sold Home in Northwest Austin
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 Multiverse is Madness
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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