April 2025

Single women driving housing market

  Before 1974, women couldn’t secure a mortgage without a male co-signer. That was before passage of the Fair Housing Act’s prohibitions against sex discrimination and the Equal Credit Opportunity Act. But today, single women have emerged as a major segment of homebuyers. In fact, single women have outpaced single men in homebuying for more than 40 consecutive years. Full article here: Single...

Upscale condo project launches near trail along Lady Bird Lake

  An Austin developer has kicked off construction on the first phase of a six-story luxury condominium project just west of downtown. Located at 300 Pressler St., just a few blocks from Austin’s Whole Foods flagship store, the initial phase of the development, called the Belvedere, will have 158 upscale condominiums.  Full article here: Upscale condo project launches near trail along Lady Bird...

Things Are Looking Up For Real Estate Market

  The past year was another terrific one for homeowners. Their overall net housing equity swelled to $35 trillion in 2024. Nearly a third of that growth came in the past four years. The momentum of higher home sales was already noted in the final months of 2024. A steady boost in inventory, starting in the summer months, has brought more options and excitement to those looking to buy. And, incomes have...

More homes are finally hitting the spring market. Will buyers take the plunge? 

Last year was the slowest existing home sales market since 1995. It's wasn't that people didn't want to buy -- there simply wasn't much for sale. The big question now is whether a frozen market can begin to thaw. Signs suggest things are starting to shift, with more inventory coming on the market. In February, there were 17% more existing homes for sale compared to last year, followed by a 10% increase...

Report: 2025 home sales gradually picking up

  Some observers even think the 2025 spring season might be one not seen in a number of years: an almost normal housing market, as close to evenly balanced between buyers and sellers as anything we’ve seen in a while. Selma Hepp, chief economist with Cotality, the real estate data provider formerly known as CoreLogic, predicts 2025 home sales to be 'slightly above' the pace set in 2024. Full article...

Mixed-use project taking shape in Leander 

A 65-acre, mixed-use project in Leander is under construction with one restaurant already open and luxury apartments ready for lease. Crystal Village is expected to be completed by 2030 with retail, offices, a hotel, conference and meeting spaces, and more residential units. The project, expected to cost more than $250 million, is at the southeast corner of the 183-A tollway and East Crystal Falls...

Ways To Use Your Tax Refund If You Want To Buy a Home

  Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? Let Credit Karma explain… Full article here: Ways To Use Your Tax Refund If You Want To Buy a Home (512) 853-0110 or robert@AustinTxHomeSales.com If you...

How to File a Property Tax Appeal

Property appraisals are being sent out so be looking for them. If you feel your home has been appraised too high, here are some steps you can take to appeal the valuation. Also, if you haven't filed your homestead exemption (and/or over age 65 if you recently crossed that threshold), you can do so here: Texas Homestead Exemption.  Full article here: How to File a Property Tax Appeal (512)...

Austin’s March home sales reflect uneven market of past few years

Here are the March/2025 MLS single-family statistics for Austin, TX: The numbers for our Austin metro single-family home sales in March looked much like our February numbers and a retreat from our March/2024 numbers (below).  This is not unexpected due to the changes our country is experiencing right now and the uneven stabilizing of our market after the rapid interest rate increases of 3...

AI Boom Could Spark a Land Rush in Texas—and Drive Up Demand for Homes

  The vast data centers needed to power artificial intelligence are in high demand, and Texas is at the center of a new boom to build the physical infrastructure behind the digital revolution. Due to its relatively cheap electricity, abundant land, and business-friendly policies, Texas has seen rapid growth in data centers, especially the facilities needed to run the energy-intensive computations that...

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