Austin Metro Real Estate Market

The #1 Reason Home Buyers Walk Away 

You may have seen headlines on social saying the number of buyers backing out of their contracts is on the rise – and has recently reached a high not seen since 2017. That can sound intimidating. But it varies a lot by market. And here’s the key thing to understand if you want to sell. A lot of the time, there’s one common cause. And it’s something you can actually control. Full article here:...

Single women own more homes than ever before

  The numbers from First American, a title, settlement, and risk solutions company for real estate, reveal that more than 20 million single women are homeowners — about 50.9% of the total demographic. That number is actually down 1% as far as total demographic homeownership rate, but it’s still a record for the amount of single women's homeowners, thanks to the population segment’s growth. Full...

Should You Wait for Lower Mortgage Rates?

  Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one. A lot of buyers are treating the 5s like some kind of magic number. As if moving from 6.1% to 5.99% suddenly changes everything. And from a mindset perspective, it does feel...

Home Sales Perk Up as Housing Affordability Improves

Climbing out of a gloomy winter, existing-home sales reversed course following a sharp drop in January and ticked up slightly in February as housing affordability improved nationwide. Lower mortgage rates, rising wages and slower price growth are offering improving conditions for prospective home buyers. Full article here: Home Sales Perk Up as Housing Affordability Improves (512) 853-0110...

Mortgage holders fall into 3 groups, from those with rock-bottom rates to over 6%

Mortgage rates don’t just affect your monthly housing payments — they can influence your ability to move and upsize your home. Two households with similar incomes and home values can have radically different financial flexibility, simply because of timing. An article in Fortune suggests that today’s housing market has split homeowners into three distinct mortgage classes. Full article here:...

Do You Need a Real Estate Agent for New Construction?

  Buying a brand-new home has obvious appeal—everything is fresh, modern, and move-in ready. But if you're working directly with a builder, you might wonder: Do I really need a real estate agent for new construction? The short answer is yes. While builders have their own sales teams (often called builder’s agents), those professionals are hired to represent the builder’s best interests—not...

Are Home Prices Dropping? Here’s the Real Story

. You’ve probably seen posts on social media talking about how “home prices are falling.” And when you see something like that, it’s normal to wonder: Is this the start of a crash? What does this mean for my house? Let’s clear this up right away. This is not a crash. And your home is not suddenly losing a lot of value. Full article here: Are Home Prices Dropping? Here’s the Real...

Aerospace company to hire hundreds

  n aerospace and defense technology company plans to hire hundreds of new employees as part of a headquarters expansion in Bee Cave. CesiumAstro has officially closed on 270,000 square feet of advanced manufacturing space to expand its global headquarters in Central Texas. Full article here: Aerospace company to hire hundreds (512) 853-0110 or robert@AustinTxHomeSales.com If you are...

Spring Sellers Have an Edge. Here’s Why

.  Homeowners looking to sell usually want three things: plenty of interested buyers, strong offers, and a short timeline. Spring is the season that most often delivers all three. So, if a move has been on your mind this year, this is the window where momentum tends to work in your favor. Here’s what makes this season so powerful for sellers. Full article here: Spring Sellers Have an Edge. Here’s...

Housing Market Turns ‘Ripe for Buyers’—Here’s Why

  he housing market is pointing to one that's "ripe for buyers," according to the latest Realtor.com® Weekly Housing Trends Report. Data shows that the housing market is shifting to a buyer-friendly direction with new and active inventory up and home prices down. Full article here: Housing Market Turns ‘Ripe for Buyers’—Here’s Why (512) 853-0110 or robert@AustinTxHomeSales.com If...

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