What’s the Latest on the Market?

The word of the day is:  Normalizing. I know, I said it last month but it’s worth repeating that our Austin market was long overdue for an adjustment period. But while high prices may be scaling back a bit, there are many signs that our market is steady and strong.   Inventory is on the rise, which is the sign of a healthy market! Over the last two years, we’ve seen an average of less…

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Real Talk: The Market and Events

The real estate market has been HOT but it appears the month of July is even hotter! The market continues to see a leveling-out nationwide and even Austin is seeing some small incremental price drops. More inventory is helping us to get back to normal. That’s the good news. The bad news? July is forecasted to be another hotter than normal month. Oh well…as long as the beer is cold, who cares! And if you…

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Dreaming about your next move?

Do you wonder what the most and least expensive States To live In are? Dreaming about your next big move? Choosing a place to live is a highly personal decision, and there are a lot of factors that go into it besides purely financial ones. For example, maybe you live in a place with a high cost of living, but you’re also close to your friends and family. Or maybe you work in an industry…

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March “Madness”: The Current Markets

Investing in the Metaverse Real Estate Boom might be a better option! There’s a land rush happening — and it’s not in New York City, Beverly Hills or Austin. Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t even exist in the real world. They are investing in metaverse real estate, a concept mind-boggling to most people. So, what exactly is the metaverse? Technologists say the metaverse is the next…

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What to Expect in 2022

Last Year’s Housing Market Was a Wild Ride, especially with lakefront property in Austin! The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021. But whether you benefited from this surge depended a lot on if you were selling a home or buying one. Homeowners saw average home prices skyrocket nearly 20% through…

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Foreign Buyers and U.S. Real Estate

Foreign Buyers Spent $20 Billion Less on U.S. Real Estate Travel restrictions associated with the coronavirus kept many foreign would-be buyers out of the U.S. last year – and that kept billions of their dollars out of the housing market. Home purchases by international buyers and recent immigrants plummeted 33% from the previous year, according to a recent National Association of Realtors® report. International purchasers spent roughly $54.4 billion on U.S. real estate -down considerably from…

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Housing Humor

The Handy-Dandy Real Estate Terms Decoder This decoder, compliments of Cathy and Bob, could come in handy when you’re reading the descriptions of potential houses and trying to figure out what they could really mean? DESCRIPTION    Cozy Potential Charming Classic Vintage Just Reduced Priced to Sell Secluded Move in Ready Up and Coming Motivated Seller As Is REAL MEANING Tiny and no natural light Better triple your line of credit No updates in 25…

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