Austin Texas 2015 Update: 2014 was another banner year in central Texas housing markets. The uptick in housing prices in the Austin and surrounding areas was unprecedented. The extreme shortage of inventory in the “affordable” near-town residences continues, with no real change on the horizon. Median sold price for all areas combined in December is up to $244,950. While the $400,000+ […]Continue Reading →
Austin-area home sales top 3,000, $1 billion in volume in June 2015, prices remain high
Austin Board of REALTORS® releases real estate statistics for June 2015 and mid-year 2015 AUSTIN, Texas July 21, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home […]Continue Reading →
Prop 1 will save you money by increasing your homestead exemption from $15,000 to $25,000. This is great news for Texas homeowners because it lets you keep more of your hard-earned money. Prop 1 also helps seniors and people with disabilities by giving them much-needed tax relief, and providing them a lower property tax cap, […]Continue Reading →
Another banner year for housing in Texas. No surprises there if you’ve been trying to land a home under $225,000 in Austin. That particular market price is drawing so much fire with so little inventory it is unprecedented.
Forbes magazine released its top 20 of America’s fastest growing cities and Austin was behind only Houston […]Continue Reading →
Austin Texas 2014
The growth in central Texas continues at a fast pace. The 2013 stats are in and year over year sales price and volume are both up, while days on the market are down. Another year of overall improvement for sellers in this region.
The usual seasonal adjustment […]Continue Reading →
The Austin real estate market overall, is improving. The mid-term cycle will show improvement in sales volume and a shorter average marketing period. In so far as appreciation of values, that’s another matter.
Recently the market indicates, as seen in the graphs, that there is downward pressure on price coupled with […]Continue Reading →
We rock on and so does our local real estate market. While I wouldn’t call it great guns, it is steady in many neighborhoods. Average prices seem to have come down a tad, although there are a number of special locations that out perform all others at every turn. As an example those areas […]Continue Reading →
Well there is really no big surprise here. We’ve seen and felt the decline in overall volume state wide. The average home owner, in the average location, that must sell is catching the brunt of the decline, although there are segments in every market doing well.
Invariably the norm is affected the most. Meanwhile demand […]Continue Reading →
Most of us in the central Texas region have been spared huge depreciation in housing…but not all of us. I like the term “pretty” houses, which I’ve been hearing lately although it’s a bit shallow. The reality is that “pretty” means: that right location is NOT enough…it requires the right, specific location within a area […]Continue Reading →
Platform estimates property values up to 1 year in advance By Inman News Inman News™ February 04, 2011 Real estate data company Altos Research has created an analytics-based valuation platform that forecasts home value changes three, six, or 12 months in advance, according to the company. The AltosEvaluate Forward Valuation Modeling (FVM) platform will formally […]Continue Reading →