I was chatting to an agent a few days back who was convinced that the extreme sellers’ market in Austin was coming to an end. Is it true? Do we have inventory piling up? Her claim was that we were seeing price reductions throughout the central part of the city Read more…
Yes! Yes, you can! It can be a challenge to buy any home in Austin Texas right now. Maybe you’re aware of this, or maybe you’ve already experienced the challenge. This is an understatement – but with some preparation and a little work, you can make it happen. Prices are Read more…
I read an article a few weeks back in the Wall Street Journal about selling real estate as a career, and one thing that stuck out to me was the quote from the senior vice president of a large real estate brokerage, Laura Ellis: “We do not see the part-time Read more…
If you’re in two minds whether to buy a single or multiple story home here in Austin, you might want to consider some interesting statistics that I unearthed while I was researching home sales in the Multiple Listing System (MLS) for a client yesterday. They had asked – what sells Read more…
There are only 2.8 months of housing inventory reported in the Austin Multiple Listing System by the Austin Board of Realtors a week ago. There are stories of stampeding buyers trampling agents at open houses. Are buyers in danger of overpaying for homes in an Austin Housing Bubble? OK, so Read more…
With the increase in mortgage rates, is the Austin housing market finally cooling down? As rates have increased over 1% in the last months, you might expect that to put the brakes on Austin’s runaway housing market, and we certainly wouldn’t expect to see the extreme sellers market persist for Read more…