This October, Austin home sales smashed its previous record for the number of homes sold, while the number of active listings dropped and housing inventory declined. Another month of sharp increases in housing sales and price appreciation have prompted Austin real estate industry leaders to call for faster reforms to … [Read more...]
Why This Suburb is Austin’s Newest “Hipsturbia”
Recently, we learned that Austin is the top investment city in 2020 from the recent Urban Land Institute and Pricewaterhouse Coopers Emerging Trends report. We’ve also see the revival of a term that was born from observing migration patterns of the millennial generation in the early 2000s. That term is “hipsturbia” … [Read more...]
Is Austin Recession Proof?
Since the great recession resulting from the mortgage crisis of 2008, not all cities have bounced back as well as Austin. The Texas State Capitol, also known as the Live Music Capital of the World, has recovered remarkably well and is experiencing enviable economic growth. In fact, investors still look to Austin as one … [Read more...]
Austin Area Home Prices Set A New Record in September
News from the Austin Board of REALTORS® (ABoR) reveals that Austin area home prices hit a record high this September. Conversely, housing inventory dipped yet again and remains the driving factor behind consistently increasing home values. Although an updated land-use code is likely to stimulate the proliferation of … [Read more...]
Austin Real Estate Sales Climb As Inventory Drops
It looks like this summer was another stellar selling season for Central Texas real estate, as August home sales outpaced last year’s numbers. Meanwhile, housing inventory took a dip and continues to be the driving factor in the continued growth in the median sales price of single-family homes in the area. The news … [Read more...]
Our Purpose: Empower Agents to Provide Improved Services for Clients
Real estate has changed dramatically as a result of advances in technology. With the advent of online real estate services, artificial intelligence and online brokerage models, most brokerages are investing more heavily in their online presence in an effort to remain relevant. It seems that many brokerages have shifted … [Read more...]
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