There are 4 blog entries for April 2017.
Sunday, April 30th, 2017 at 8:21pm. 691 Views
I'm now verging on 10 years in the residential real estate business this June 2017, having started in commercial/corporate real estate for my first nine years in 1998. Over the last 10 years, I've sold approximately 174 homes personally, and during 2018, I likely will hit my 200th residential sale. This does not include the hundreds of homes sold by my agents for which I'm responsible and have oversight. I've trained many agents both new and experienced alike and have served as crisis manager for many challenges that are inherent to the business. And with all this experience comes insight and wisdom, yet the acknowledgement that there is always the potential for something new and challenging that can arise at any time. Nobody is perfect, but we are only…
Wednesday, April 26th, 2017 at 2:30pm. 522 Views
The Austin Business Journal, in partnership with information from Metrostudy Inc., released a list of the fastest growing new construction neighborhoods in the Greater Austin area, with results including neighborhoods in Travis, Williamson, Hays, Bastrop, and Caldwell counties. As reported by the Real Estate Center at Texas A&M University, the results track one year of activity from 1Q 2016 through 4Q 2016 and are based on housing starts, when foundations are poured.
Here are the fastest growing neighborhoods in the Austin area for 2016:
With 426 home starts, Siena at Highway 79 and SH 130 was the fastest growing new construction neighborhood in the Greater Austin area. Homes range from $212k to $380k. With 313 new home starts, Sun City Texas by Del…
Monday, April 24th, 2017 at 1:51pm. 612 Views
Homes Sales Neutral in Austin and Greater Austin
Home sales in Austin and Greater Austin were relatively neutral in March 2017. Within the city, home sales increased 1.2 percent compared to March 2016 to 780 home sales, according to the Austin Board of REALTORS® March 2017 Central Texas Housing Market Report. In the Austin-Round Rock Metropolitan Statistical Area, home sales decreased 1.4 percent compared to March 2016 to 2,509 home sales.
In both areas, home prices increased. Median home price in Austin increased 12.6 percent to $371,606, and in the Greater Austin area, median price increased 5.6 percent to $295,767. Inventory also increased in both areas, with inventory in Austin growing by 0.1 months to 1.8 months of inventory and with inventory…
Friday, April 21st, 2017 at 1:03pm. 419 Views
Texas homebuyers are becoming increasingly diverse, with more single and minority homebuyers, according to the Texas Homebuyers and Sellers Report 2017 Edition, released by the Texas Association of REALTORS®.
Single homebuyers now represent 28 percent of all homebuyers, spurred by increases in sales by both male and female single homebuyers. Single female homebuyers increased five percent to 19 percent of all homebuyers. Single male homebuyers increased two percent to nine percent of total homebuyers.
Hispanic homebuyers now represent 14 percent of home sales and 27 percent of first-time homebuyers. African-Americans make up six percent of all home sales and are the most likely minority group to be repeat homebuyers.
The median age of Texas…