Happy New Year Central Austin! I have high hopes for this year so listen up! It’s time to get back to work – some of us have resolutions to live up to! (grin, sort of) On the ground, in real life, it seems like a hot market. Clients are motivated, offers are being made, homes are being shown, we are…
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It’s everything I wanted for Christmas! Happy Holidays to all! It’s getting busy out here. The tide is turning. Homes are selling. For the first time in a while our “Market Action Index” has made some large strides to get closer to an even market between buyers and sellers. We are not there yet but…
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Happy Thanksgiving! Hope all of you are doing well this month. Me? I’m thankful for you guys following these reports and am especially thankful for the support and referrals we have seen through this downturn. Also, and back on to real estate, I am thankful for a market that’s getting slightly healthier each month. This month what’s…
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Looks like we may be here a while. With the exception of two odd anomolyies in the market we seem to be stabilizing and prices, for the most part are flat. Hopfully your weren’t wanting to do a flip or make a momentum play! (wink) On to the anomolyies… In the last 60 days we…
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It seems the Central Austin market is a little stalled out. Not to worry though, this is a normal given the time of year. It seems everyone is in some kind of transition. Real Estate – as sexy as I think it is – is apparently being put on the back burner. In the market…
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Considering the recent drama over our nations debt limit, stock market fluctuations and 100+ degree weather Central Austin is doing great. Where we are… Taking a more historical look at where we are, our average price per foot in Central Austin is up 7-10% since 2007 but flat since 2008. In the short run we…
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With Central Austin temperatures in the 100′s and a serious drought in place the two largest Central Austin zip codes (78703 and 78731) have continued to be hot, absorbing homes at an accelerating pace. This acceleration of sold homes is driving other healthy signs as well. To spite the inventory increase the average price per…
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The Central Austin market continues full speed ahead with homes being absorbed into the market at accelerating levels (for now). Keep reading to learn about what’s on the horizon and my crystal ball projections for this summer. Meanwhile, as you can see below Central Austin sellers have not gained any real pricing power. I guess…
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For market data about your zip code or Price Vs. Inventory trends updated each Wednesday visit this link. If you are buying or selling one of the largest investments you own – shouldn’t you have access to the most recent and easiest to digest data available? I think so. That’s why we have been partners…
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This month has been really strong. In my personal book of business – 6 contracts in 10 days and I’m pretty sure mine wasn’t a unique experience. As I did research for this update you can imagine my surprise when I learned that our inventory of homes was increasing in Central Austin. Meanwhile prices have been holding…
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