Austin continues to suffer from lack of inventory and it's having a dramatic effect on buyers With more and more out of town transplants making their way to Austin, the housing inventory is dropping at a dramatic rate. The grumbles of the local hipsters and Austinites are all the indication needed, our little college town isn’t so little anymore. Many sellers [...]
The latest U.S Census Bureau reported Austin as the 11th largest cities in the country and today, the population of Austin increases by over 110 people each day. Despite economist predicting the Austin housing market in 2014 to slow down, 2014 continues to surpass expectations. Buyers currently searching for homes for sale are experiencing the summer hot market where homes are sold [...]
The construction sites across downtown Austin means the aggressive condo development projects are growing. Almost every building is architecturally sound, built taller, thinner, and higher. From new age modern luxury to Austin hip, these developments inevitably will change Austin’s skyline in the years to follow. Here are four projects very close to completion. Eastside - Downtown Urban A local developer, [...]
How a Sellers Market is Affecting Buyers Another month has passed and the Austin real estate market is continuing to show solid growth for 2014. Last month, Multiple Listing Service (MLS) reported that 1,449 single family home within the low $200,000 medium price were sold in the Austin area alone. This is a 7% increase when compared to January 2013. [...]
Prices of Homes Rise as Austin Continues to Grow As Austin builds on last year’s economic and population growth, we are seeing home values continue to rise. Many homes, particularly in the central Austin area (south of 183, north of 71), are seeing tremendous appreciation. Price points along those boundaries are beginning to increase, moving these artificial lines that were [...]