This well-designed home at 2504 Keating Lane is so special we wanted to feature it this week on West Austin Marketplace. Built by a small custom home builder with quality in mind in 2008, this Tarrytown home features gorgeous reclaimed antique heart of pine floors, walls of windows, and a generous open floor plan just […]
The key statistic you need to use to show the current relationship between inventory and demand is a term called “Months of Inventory.” It is the number of homes for sale divided by the number of homes sold the month before. It is like an absorption rate and has always been a good way of […]
The Austin real estate market continues to strengthen: higher demand (sales) with a stable inventory (homes for sale). With interest rates not changing, current high occupancy rental rates and positive inward mobility the average/medium value of 85% of the homes in Austin have stabilized. In some areas, price ranges and zip codes we are seeing […]
Filed under Market Reports, Real Estate Trends · Tagged with Austin, Austin home market, Austin Real Estate, Home Buying, Home Values, housing update, Katy Duggan, Laura Duggan, Market Report, West Austin Properties
Why is the Austin market so strong compared to the rest of the country? Simply stated: • Home prices over the last three years have not drop substantially compared to other markets. For homes under $700,000, 95% of our market, prices have stabilized or are starting to increase in value. • Fewer Austin home owners […]
May Austin Market Report 2011 from West Austin Marketplace on Vimeo. The Austin market is a significantly different market than the rest of the country, and is constantly changing. Most of the rest of the country, as nearly every national headlines indicates, are experiencing home values that are still not stable, with many areas experiencing […]
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