If you saw the Trulia headline that said Austin Homes are overvalued by 19%, you might be a little anxious – especially if you’re considering a purchase or have recently purchased. No-one wants to buy something that will potentially be worth four fifths of what they paid for it in Read more…
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…
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…
Most active real estate brokerages have current war stories about buyers being in bidding wars in this sellers’ market, and multiple offer situations. It’s been the case in some of my areas for over a year now, so hopefully the mass media has picked up on this and the penny Read more…
A friend recently saw so many coming soon signs in his neighborhood that he was concerned that the Austin sellers’ market was over and that a flood of inventory was going to bring the market back into balance in no short order. Indeed there are more $500k+ Austin homes for Read more…