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 […]
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 […]
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 […]
Buying a new home or moving into a new place is exciting, but moving generally is not. Here are a few tips to make your next move a bit simpler and more affordable. 1. Get Free Moving Boxes Buying enough boxes to pack up an entire house can add up quickly. Next time you’re planning […]
Austin, Texas has been an investor haven for the last two decades or so, with next to endless opportunities to purchase investment properties and rent them out for a profit. With the amount the city has grown in the last few years however, the number of cash flowing properties from the time of purchase has dwindled significantly. […]
Moving into a new place is exciting, especially when purchasing a home. You can finally change the paint colors, hang things wherever you like, and update fixtures, lighting, etc. While these are all important rites of passage, there a few ‘less fun’ tasks that should be on your to-do list. 1. Locate the water shutoff […]
The Austin real estate market isn’t slowing down. Both home prices and rent hikes are on the continual rise, incentivizing more and more renters to buy their first place. Buying into a real estate market while prices are rising opens the opportunity to gain equity in a home relatively quickly. This means a higher profit for you when you […]
The rent vs buy debate is common in Austin, TX. With almost 52% of Austin residents renting, it’s easy to see why. The truth is, there’s a fair argument for both renting and buying, and the answer varies depending on how long you plan to do either. Let’s take a look at a cost breakdown […]