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 […]
There has been a BIG change in the Austin Energy Audit and Disclosure Ordinance that requires home sellers to have an energy audit and disclose it to potential buyers. The recently amended ordinance now calls for the Energy Conservation Audit and Disclosure (ECAD) report to be provided to buyers during the option period. (The option […]
(To skip straight to the market report, scroll to the bottom of this post.) Can you believe that it’s mid-March already?! March, for real estate, marks the beginning of the Spring selling season. More and more people will be listing their homes for sale–trying to time the market to sell in the least amount of […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Trends · Tagged with Austin, Home Buying, Home Selling, Market Report, Market Statistics, Real Estate, Relocating to Austin, Texas
The positive vibes in the economy have finally landed in Austin. Home sales are up for the second month in a row. There is also a strong number of homes under contract, which shows us that sales will continue to be strong through February and into March. The number of homes coming on the market is […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Investing, Real Estate Trends · Tagged with Austin Real Estate Report, Cash Buyers, Distressed Property, Home Invetories, Home on the Market, Home Sales, Interest Rates, Investors
Coming Soon! Avery Ranch Custom Golf Course Home Catch the video, see the website for the home and let us know if you know anyone looking to buy this beautiful home. We have an incredible single-story custom home in Avery Ranch coming on the market soon. This Partners in Building home has a custom-built luxury […]
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