Now that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal. That's why almost half of homeowners are making some type of concession. This can include covering closing costs, paying for repairs, or dropping the price. Not sure which concessions to offer? Let’s connect so you know what’s working for sellers in our market. Full article...
American housing market is facing a persistent shortage. Home prices have reached historic highs and affordability has declined. Normally, in response to higher prices, housing supply would increase. However, new home construction has not kept pace with population growth and household formation, especially following the surge of demand in the wake of the pandemic. Full article here: America’s...
Real estate agents have a keen sense of what is and isn't working when it comes to a home's exterior, and they have plenty of thoughts on curb appeal. A little effort out front can go a long way in getting people excited to see the rest of the home. Full article here: The One Curb Appeal Mistake Real Estate Agents Immediately Notice (512) 853-0110 or robert@AustinTxHomeSales.com If you...
Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes. There are more available. Builders are more flexible on prices right now. And people who buy new homes tend to get lower rates in this market thanks to the incentives builders can offer. Full article here: 3 Advantages of Buying a...
Here are the July/2025 MLS single-family statistics for the Austin, TX metro area: July presented us with some interesting data when comparing it to the rest of this year and Pendings stood out with a solid green 10% improvement over last July. Pending listings (homes for sale that are under contract but haven’t closed yet) represent a future-looking market. Couple that with our best...
Buyers remain highly sensitive to interest rates. Many blame today’s rates for a subpar selling season, and economists say that when rates begin to fall, a wave of pent-up demand could be unleashed, potentially driving a surge in home sales. Full article here: What Mortgage Rate Will Get More Buyers Moving? (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the...
In a national landscape where recent college graduates are facing one of the toughest entry-level job markets in years, Austin continues to distinguish itself as a top destination. While graduates in major metropolitan areas like New York and Chicago struggle to find their footing, Austin stands out among a select group of cities proving fertile ground for new talent. Full article here: Study places...
The edges of the Mueller neighborhood along Tom Miller Street are quiet, even as a dozen homes are being constructed nearby. That’s because they’re being 3D-printed by Austin-based construction tech company Icon Technology Inc. Among them are three houses priced as low as $195,000, part of the Mueller Affordable Homes Program, which reserves 25% of the neighborhood’s housing for...
Typically, new homes carry a price premium over existing homes. From 2010 to 2019, this pattern held steady, with an average difference of $66,000. However, over the past five years, the gap has narrowed significantly, averaging just $24,800. Notably, this trend reversed in 2024. In both the second and third quarters, the median price of existing homes surpassed that of new homes. Full article...
Buying your first home should be one of life’s most exciting milestones. Instead, many new buyers find themselves stressed, confused, and making expensive mistakes that could have been easily avoided. Homebuying involves many moving parts, from getting pre-approved for a mortgage to navigating inspections and closing costs. Full article here: 7 First-Time Home Buyer Mistakes to Avoid (512)...
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