Interest Rates Continue to Rise
August 16, 2023 by Laura Duggan · Leave a Comment
Mortgage interest rates have risen 11 times since March, 2022. Each time the rate increases, it raises the price of a home to a home buyer. Take a historical look at the rise and fall of rates. For a comprehensive look at how the rates are affecting home prices and sales by zip code and […]
Where is the Austin Real Estate Market Now?
September 30, 2022 by Laura Duggan · Leave a Comment
After over a year of an Extreme Seller’s Market (See Market Report Tab above) where there were fewer than 2,000 homes for sale and prices rose substantially, it all changed in May. There are now over 9,000 homes for sale, interests rates have risen 3.5 percent to just under 7%, inflation has increased the cost […]
Year End Market Report Indicates Austin’s Growth
December 29, 2021 by Laura Duggan · Leave a Comment
The real estate market in Austin continues to explode. We have sold more homes in Austin in 2021 than in any previous year, over 35,000. In fact, our team at West Austin Properties could have sold even more if we had had more inventory. Take a look at our December market report to see the […]