The best practice for choosing a lender when buying a home in Austin is a bit counterintuitive. Most buyers start their search by checking mortgage rates at different banks or lending institutions and choose the lender who posts the best rates online. Though rates are a piece of the puzzle (and a large piece considering […]
Best Georgetown Neighborhoods with No HOA
HOA’s are something that some feel very passionate against. If you’re wanting to park a boat on your driveway, have a trailer you need to store or even an RV, many HOA’s do not allow those items to be stored in plain sight. Which means, once your garage is full, you run out of room […]
Should I Buy a Home with a Foundation Problem?
Foundation problems are not uncommon in Central Texas. Our clay soil expands or contracts as the moisture content in the soil changes throughout the year. The expansion and contraction of the soil can place disproportionate stresses on the foundation causing it settle. Settlement in one area may not be the same in other areas, thus […]
December 2022 Austin Luxury Real Estate Price Report
Eleven Oaks Realty is proud to present their December 2022 Austin Luxury Real Estate Price Report measuring market activity in the Austin area single family home market priced at $1 million or over. Our December 2022 Austin Luxury Real Estate Price Report covers the luxury market in the following Austin metro area counties: Travis, Williamson […]
December 2022 Austin Foreclosure Market Report
Eleven Oaks Realty is proud to present their December 2022 Austin Foreclosure Market Report measuring activity in the single family homes market. Austin Bank Owned Properties Sold Saw a 100% Decrease In December 2022, the Austin foreclosure market saw a 100% (11 home) decrease in the number of bank owned homes that sold in year […]
December 2022 Austin Multi Family Real Estate Price Report
Eleven Oaks Realty is proud to present their December 2022 Austin Multi Family Real Estate Price Report measuring activity in the Austin multi family market. This report includes all multi family properties (duplex, triplex and quadplex) that sold in December 2022. Austin Multi Family Properties Under Contract Down 65% In December 2022, 15 multi-family properties […]
December 2022 Austin Condo Price Report
Eleven Oaks Realty is proud to present their December 2022 Austin Condo Price Report measuring activity in the Austin condo market. Our December 2022 Austin Condo Price Report covers all condominiums and townhomes in the City of Austin. Number of Austin Condos Sold Down 64% In December 2022, 109 condos sold in Austin compared to […]
December 2022 Austin Real Estate Price Report
Eleven Oaks Realty is proud to present their December 2022 Austin Real Estate Price Report measuring activity in the single family home market. Austin Median Home Price Down 4% The biggest story this month: median home prices in Austin, for the first time in years, are trending downwards. Though the stats say “down”, 4% still […]
Should I Respond to a Low Ball Offer?
In this changing Austin real estate market, we often hear about multiple offers, homes selling for more than asking price and cash buyers. What we don’t hear about too much, but happens more than you think now that the market is in flux, are “low ball” offers. Even in a booming Austin real estate market, […]
What to Expect at the Design Center
As we are starting to see builders go back to allowing buyers to pick a lot and build a home from scratch, I thought we should revisit this post describing the process of selecting finishes at the design center. When you buy a new home, there’s a lot of decisions to be made. While you […]
9 Questions You Must Ask Before You Purchase Waterfront Property
Austin’s river system is one of its most important natural beauties and greatest attractions. Owning waterfront property in Austin is a dream shared by many and it’s unique characteristics pose more potential traps than any other type or real estate. Whether you are looking to buy waterfront property on the Colorado River known around Austin […]