Here are the January/2025 MLS single-family statistics for Austin, TX: At first glance, it may appear that our January Austin home sales market gave up some ground when compared to the last 3 months of 2024 after it looked like we were gaining momentum.  However, it is important to remember that we only compare the same month’s data when looking at past history.  I posted the past...

Do you know the difference between 550 and 780? Yes, they’re 230 digits apart, but they’re also examples of bad and good credit scores, respectively. If you don’t check yours regularly, now’s the time to start. Small mistakes are a lot more common than you think, and they can do some serious damage to your credit score. Full article here: Keep watchful eye on your credit score (512)...

No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. Full article here: Why You Want an Agent’s Advice for Your Move (512) 853-0110 or robert@AustinTxHomeSales.com If you are...

The market for million-dollar homes is expanding across the United States, but growth isn’t limited to traditional luxury hubs. The metros of Colorado Springs, CO, Durham-Chapel Hill, NC, and Seattle are also seeing significant increases in seven-figure sales, driven by distinct factors. Full article here: Million-Dollar Home Sales Are Growing—and Affluent Buyers Are Paying in Cash (512)...

Employment data from the Texas Labor Market review shows consistent growth from 2023 to 2024, with Austin’s job market continuing to outperform national averages. Even as major economies in Europe and Asia have struggled, the U.S. economy has remained strong, and Texas remains a key contributor to the overall strength of America’s economy. Full article here: Latest data show Austin thriving...

This year’s CES event showcased the latest advancements in smart home technology, offering innovations that combine convenience, security and sustainability. These products are poised to become essential upgrades for tech-savvy homeowners. Full article here: Top 25 Smart Home Innovations to Look Forward to This Year (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to...

They say that everything is bigger in Texas, but there’s an important exception that’s key to improving housing affordability in the state: new homes. Last year, Texas was the No. 1 state for permitted housing units, accounting for 15% of the national total, well above the state’s 9% share of the U.S. population. And, Realtor.com announced it is relocating its headquarters from California to Austin,...

Home prices finished 2024 strong, NAR data shows. But in the last five years alone, median home prices have jumped 50%. “Record-high home prices and the accompanying housing wealth gains are definitely good news for property owners,” says NAR Chief Economist Lawrence Yun.  Full article here: 90% of Markets Saw Home Price Gains in Fourth Quarter (512) 853-0110...

It’s easy to get caught up in the idea of waiting for the perfect moment to make your move – especially in today’s market. Maybe you’re holding out and hoping mortgage rates will drop, or that home prices will fall. But here’s what you need to realize: trying to time the market rarely works. And here’s why. Full article here: When Is the Perfect Time To Move? (512) 853-0110...

Some segments of the U.S. residential real estate market started to thaw in January after December’s deep freeze, with a growing number of homeowners listing their homes for sale in a sign that the stubborn “lock-in” effect is finally beginning to ease. The “lock-in effect” refers to homeowners’ reluctance to sell because they have a low mortgage rate and would have to take out a mortgage at a...