Austin Real Estate Market is Hotter than a Texas Summer

July 14, 2013 by · Leave a Comment 

oem software For the past five continuous months the overall real estate market has been a rare Extreme Sellers Market.  How rare?  In the prior 85 months, spanning 7 years, the Austin market has been in an Extreme Seller’s Market only three months, and all three months were in 2006. Demand remains strong as people continue […]

Austin Real Estate Market Closes the Year with a Bang

January 9, 2013 by · Leave a Comment 

Austin real estate market finishes 2012 with a bang. The Austin real estate market continued to break records as 2012 came to a close. In December, Austin had the lowest number of homes for sale in over 10 years. There were 5760 single family homes for sale in November. That number dropped to 5057 homes […]

December Austin Real Estate Report – Brisk Austin Housing Market

December 11, 2012 by · Leave a Comment 

The Austin real estate market is brisk with a record number of home sales and even lower inventory than last month. • Days on the market is the lowest in 7 years • Highest pendings in 7 years • Lowest number of homes for sale in 7 years • Highest market absorption in 6 years […]

Market has peaked for the year, still mostly a Seller’s Market

August 15, 2012 by · Leave a Comment 

Austin is projected to add 600,000 people by 2020 and an additional 800,000 people by 2030. In 18 years metro Austin will reach 3 million people! This continuous population growth at the time of a major US recession combined with less than normal new construction has made Austin a “Sellers Market” for homes below $600,000. […]

Market reaching peak, starting to slow, still mostly a Seller’s Market

July 14, 2012 by · Leave a Comment 

A Seller’s Market is defined as one with high buyer demand that results in slowly rising prices.Good and well priced homes in this seller’s market usually receive an offer in a few days. That is Austin, now. Currently, demand is high and inventory is low across ALL Zip Codes and Areas! The average and medium prices of […]

« Previous PageNext Page »