Last month, Austin city officials took steps to thwart the potential spread of the coronavirus and the resulting covid-19 virus. Many businesses - such as retail, hospitality and restaurants - were shut down in an effort to keep local hospitals from being overrun and to preserve public health and welfare. The resulting … [Read more...]
Gov. Abbott Issues Order Safeguarding Real Estate Activity
In the days since the shelter-in-place ordinance was issued for Austin and the surrounding areas, there has been confusion about what is an essential service and what is not for real estate activity. The general consensus was that real estate transactions that were in the process of closing were allowed to continue. … [Read more...]
New Homes in Austin are an Affordable Option
A recent report from Zillow Group, Inc. shows that housing inventory in the Austin metro fell more than 15% last year. It was the ninth-highest rate of inventory drop in the nation, which also saw a precipitous decrease in overall housing inventory. Despite that, Austin real estate was able to shatter its existing … [Read more...]
Condos vs. Houses: Which is the Better Investment?
When it comes to buying your first home, the type of home you buy could make a big difference in your return on investment and your lifestyle. Owning a single-family home is on the wishlist of many aspiring homeowners who are eager to free themselves from their neighbors’ walls. However, it can be a lot of … [Read more...]
Austin Will Be the Hottest Housing Market This Year
At the end of 2019, the Austin area housing market was on track for yet another year of record-breaking home sales. Local real estate statistics from the Austin Board of REALTORS® (ABoR) show us that the Austin-Round Rock Metropolitan Statistical Area (MSA) is still experiencing sky-high demand for homes throughout the … [Read more...]
Central Texas Home Sales on Track for Record Year as Suburbs Continue to Boom
It looks like another record-breaking year is going on the books for Austin real estate in 2019. The most recent home sales report from the Austin Board of REALTORS® shows that single-family home sales throughout the Central Texas area were significantly stronger in November than at the same time last year. Experts say … [Read more...]
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