Summer in Austin is officially here. With it comes hot temperatures and an even hotter real estate market. Yes, you keep hearing that…But it’s still as true as the last time you heard it. Prices are up 5% from this time last year and there is still high demand in our market, making it a great time to sell. For you buyers, with rising mortgage interest rates, expect to see more homes on the market…
There seems to be more than just pollen in the air; some uneasiness as well with a skittish stock market, unresolved war, interest rates rising, and signs the housing market is shifting. But not all is lost! It’s time to pull up a bench and let’s have some real talk. Real Talk: Real Estate News Mortgage rates are on the rise but does that mean our housing market will slow down? Lots of agents across…
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…
Open Floor Plan: In or Out? Over the past few months, we’ve been noticing the rise in rooms—not just designated areas of a larger space, but sectioned-off spaces complete with four walls. So, what gives? Is the open floor plan on its way out? Admittedly, it depends on who you ask. Read More at Martha Stewart Living
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…
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…
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…
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…