Right now is a crazy time to buy and sell in Austin, Texas. Due to a number of factors (COVID, lumber shortages, new employers moving to Austin, low interest rates, etc.) the Austin real estate market is extremely hot right now. On average, homes are selling 5 – 20% over list price with multiple offers. […]
It’s no secret that right now, Austin is in a seller’s market. A seller’s market occurs when there is more demand from buyers for housing than there are homes available. A buyer’s market is the reverse and occurs when there are more homes available than buyers looking to purchase them. Here’s how to put your […]
The holidays are getting closer and for many people this year, that means a holiday season at home. As you celebrate in your own respective ways, here a couple of home improvement projects to consider that yield high returns* in Austin. *All return on investment estimates based on the 2020 Hanley Wood Media Inc remodeling statistics […]
As the pandemic has stretched on, demand for single-family housing has returned, and with a vengeance. The results of this have affected Austin’s market in several ways: 1. We are firmly in a seller’s market. Most homes have multiple buyers interested and are selling for over the asking price due to multiple offer scenarios. 2. […]
As we enter month three of the pandemic, more and more data is becoming available as to how COVID-19 is affecting businesses, the stock market, and the real estate market. The Austin Board of Realtors just released the April 2020 stats, and while overall home sales are down 20% from last April, the median sales […]
Spring in Travis County marks the start of property tax season. If you own property that has increased in market value by at least $1,000 in the last year, you should receive a Notice of Appraised Value from the Travis County Appraisal District. At the top of the notice are two numbers; assessed value and […]
First, a quick update. Homespace has gone virtual! I am now offering virtual tours to all present and future clients. Click here to read more and learn about some additional options available for those who plan to buy or rent real estate during the pandemic. Now, let’s talk about refinancing! Currently, interest rates for both new purchases and refinancing […]
In this ever-changing time where the only certain thing is uncertainty itself, many businesses have been faced with a choice: shut down, or pivot. We’ve seen beloved restaurants close their doors but turn on their ignitions for delivery or curbside. Alcohol suddenly became deliverable, and cinematic releases are now streaming on home televisions. Homespace is […]
This is a strange time for everybody, and I have no doubt that all of your inboxes have been flooded with emails from every advertiser you know on how they’re handling business during the COVID-19 outbreak. Thank you for your patience as I’ve taken time to figure out how to safely continue conducting real estate […]
If you’ve lived in Austin for a while, you’ll know that the city changes rapidly. From downtown towers to new suburban communities, Austin is growing more every year. Here’s a spotlight on a couple of new projects in the works in central and east Austin. A. Natiivo, Downtown Natiivo is a 33-story tower currently under construction […]