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...
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)...
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...
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...
Austin ranked among the top 10 U.S. cities in terms of the share of people moving in who were ages 25 to 44. More than 1 in 10 people who moved to Austin in 2023 belonged to the millennial generation. Full article here: Top 10 U.S. cities attracting millennials (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article above, please let me know so I can...
More single women are buying homes than ever before. According to a recent survey from the National Association of Realtors, the percentage of single women buying homes has nearly doubled nationwide over the past four decades, despite the fact that women still typically earn less than men do. Full article here: Single women account for nearly a quarter of first-time homebuyers (512) 853-0110...
As housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates stayed elevated throughout 2023 and early 2024. Recent data, however, shows a modest decline in mortgage rates. Even slight declines can have a significant impact on housing affordability, pricing more households back into the...
Private residential construction spending increased by 1.3% in February, rebounding from a 1.2% dip in January. The growth was largely driven by higher spending on single-family construction and residential improvements. On a year-over-year basis, the February report showed a 1.6% gain, indicating a modest growth in private residential construction spending during market uncertainties. Full article...
A notable uptick in housing inventory nationwide may be pulling the real estate market out of a long winter hibernation. Total existing-home sales, which account for completed transactions for single-family homes, townhomes, condos and co-ops, rose 4.2% month over month in February. “Home buyers are slowly entering the market,” even as mortgage rates and home prices appear frozen at elevated...
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. A second phase will add about 50 more condo units, bringing the total to about 208 for...
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