If one day you aspire to be a homeowner, keep your long-term goals in mind. The transition from renting to buying is a big step that requires patience and lots of planning. Here are three ways you can prepare to become a homeowner while renting. Full article here: Renting with the goal of buying (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article...

  Originally designed to serve 11 million travelers a year, Austin-Bergstrom was successfully operating at that size for years. However, as Austin began to turn into a tech, music and financial hub, officials knew its airport needed to grow. In 2019, nine gates were added to the airport to accommodate 15 million passengers annually. Full article here: With 20M travelers yearly, Austin airport...

  Despite economic headwinds that have pushed office vacancies into double digits and slowed new development, downtown Austin hasn’t lost its luster.  While slower, growth in the city’s central business district is still being fueled by new developments and population growth, even as businesses adapt to changing market conditions. Full article here: Downtown Austin hasn’t lost its...

Home values are up roughly 50% in five years, leaving households with $35trillion in equity. Of that amount, homeowners who have a mortgage have $11trillion in 'tappable equity' – money that can be borrowed against while leaving a 20% equity buffer in the home. Full article here: Americans are awash in home equity  (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open...

  Home buyers may need to brace for a new reality: Mortgage rates in the upper 6% or even 7% range—at least for the time being. A comprehensive analysis of monthly costs is crucial for all home buyers, rather than focusing on minor fluctuations in mortgage rates as rates are only one component. Full article here: Maybe It’s Time to Stop Obsessing Over Mortgage Rates (512) 853-0110...

  There were 743,000 (SAAR) new single-family home sales nationwide in April. That’s a 10.9% increase from the revised March rate of 670,000. Sales of newly built homes are 3.3% above the April 2024 estimate, according to the U.S. Census Bureau. The median price of new houses sold was $407,200, down 2.0% from a year ago. Full article here: April 2025: Despite The Headwinds, New Home Sales Blow Past...

  The real estate market constantly shifts, and knowing whether conditions favor buyers or sellers can help you make smarter, more confident decisions. Here’s how to recognize which type of market you’re in and what each means for you. Full article here: Consumer Guide: Buyer's vs. Seller's Market (512) 853-0110 or robert@AustinTxHomeSales.comIf you are unable to open the link/article...

  Whether you are thinking about or preparing to sell your home, you may be wondering how much your home is worth. Timing plays a role, but there are several ways you can determine what your home may sell for. Full article here: How Much Can I Sell My Home For? (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article above, please let me know so I can get...

  Saving for a down payment is one of the biggest barriers to buying a home, but it doesn’t have to be with a Home Possible® mortgage from Freddie Mac. Home Possible offers a low down payment solution, as well as other options and benefits, that may help you buy a home. Learn more about how the Home Possible mortgage could be your key to homeownership. Full article here: Unlock Homeownership with...

Below are the latest graphs of single-family home sales in the Austin metro spanning the last 5 years.  I’ll make some comments above each one, starting with the Average Sales price.  You can disregard 2021 since that was the last full year of the “Covid effect” on our local (and national) real estate markets.  The first half of 2022 was greatly affected by the Federal Reserve’s...