The days when almost every buyer automatically took a 30-year mortgage are pretty much over. Now, not only are there all kinds of mortgage variations, but there are various financing options as well. These can help sellers find buyers more readily in this current market. Full article here: The Upshot on Mortgage Buydowns: A Valuable Tool in the Right Circumstances (512) 853-0110...

Here are the August/2025 MLS single-family statistics for Austin, TX: August ended our traditional annual home selling season with some positive numbers. For instance: While still up over last year, listings had its 2nd best number of this year and the first under 20% since January. Pending listings continued the positive trend of 4 months in a row after registering the 1st 4 months of this...

  Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since the same time last June. But while slowdowns can be painful in the moment, history tells us...

  f your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry, and it’s called an accidental landlord. Full article here: Thinking About Renting Your House...

As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down. The median sales price of a new home in June was $401,800, which was about 5% lower than in May. Newly constructed homes in June were also far cheaper than existing homes. The median sales price of an existing home rose to a record high in June of $435,300. Full article here: Newly Built Homes Are...

  Governor Greg Abbott today celebrated Texas as the No. 1 state for jobs added over the last 12 months following the release of July employment data by the U.S. Bureau of Labor Statistics (BLS). Texas added 232,500 nonfarm jobs from July 2024 to July 2025, more than any other state and outpacing the U.S. annual growth rate. Full article here: Texas Leads U.S. For Jobs Added Over Last Year (512)...

As I mentioned to you previously, I’m sending you these 5-year charts for home sales, average sales price and home inventory for our Austin metro, 5-county region to help you graphically see what has been happening in our market.  Here are my comments: For all 3 graphs, keep in mind that 2021 was the last and only full calendar year of our red-hot, record-setting 48 month-long market that was...

  Believe it or not, there are clear signs buyer interest is heating up again. Let’s talk about what’s really going on behind the scenes, and why the housing market might not be as quiet out there as it seems. One of the clearest ways to measure what people are thinking about is to look at what they’re searching for online. And according to Google Trends, searches for phrases like “home for...

  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...