Buda property taxes can contribute a significant amount to your monthly mortgage payment. Budgeting for property taxes can be difficult because there are two variables: property tax rate and assessed value of the property. Both can change from year to year. The property tax rate varies from neighborhood to neighborhood, so there is no set […]
Austin Named #2 Fastest Growing US City
Recently the Kenan Institute, in partnership with UNC Kenan-Flagler Business School, launched the American Growth Project, which aims to provide economic data, analysis and forecasting for cities and counties across the US. This project supports government officials, business leaders and decision makers, in near real time, short-, medium- and long-term economic forecasts. Why is this […]
Austin Named #1 US City Where Prices are Dropping the Most
Recently, Realtor.com posted an article naming the 10 cities where home prices are dropping the most right now. Austin takes the top spot on this list with a 10.3% decrease in median price from June to September from their data. They cite the reason as higher interest rates scaring away buyers. If you read on, […]
What are the Average Property Taxes in Austin?
Buyers who want to budget their monthly housing payment frequently ask how much property taxes are in Austin. The short answer is property taxes vary based on several factors, so it is hard to say they are a certain percentage in the Austin metro area. School district, utility district, hospital districts and whether or not […]
Austin Suburbs with the Best Schools
If you want to live in the Austin area, but aren’t too keen on Austin itself, you have several suburbs to choose from. Looking at a map and fumbling around with your home search parameters will show you where you can find the homes that meet your criteria, but you still might not know if […]
September 2022 Austin Luxury Real Estate Price Report
Eleven Oaks Realty is proud to present their September 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 September 2022 Austin Luxury Real Estate Price Report covers the luxury market in the following Austin metro area counties: Travis, Williamson […]
September 2022 Austin Foreclosure Market Report
Eleven Oaks Realty is proud to present their September 2022 Austin Foreclosure Market Report measuring activity in the single family homes market. Austin Bank Owned Properties Sold Saw No Change In September 2022, the Austin foreclosure market saw no change in the number of bank owned homes that sold in year over year figures. In […]
September 2022 Austin Multi Family Price Report
Eleven Oaks Realty is proud to present their September 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 September 2022. Austin Multi Family Properties Under Contract Down 50% In September 2022, 20 multi-family properties […]
September 2022 Austin Condo Price Report
Eleven Oaks Realty is proud to present their September 2022 Austin Condo Price Report measuring activity in the Austin condo market. Our September 2022 Austin Condo Price Report covers all condominiums and townhomes in the City of Austin. Number of Austin Condos Sold Down 43% In September 2022, 177 condos sold in Austin compared to […]
September 2022 Austin Real Estate Price Report
Eleven Oaks Realty is proud to present their September 2022 Austin Real Estate Price Report measuring activity in the single family home market. Austin Median Home Price Up 5% The biggest story this month: median home prices in Austin up, not as drastically as they have been in months past. But, still up. This increase […]