Eleven Oaks Realty is proud to present their October 2022 Austin Foreclosure Market Report measuring activity in the single family homes market. Austin Bank Owned Properties Sold Saw a 67% Decrease In October 2022, the Austin foreclosure market saw a 67% (2 home) decrease in the number of bank owned homes that sold in year […]
October 2022 Austin Multi Family Real Estate Price Report
Eleven Oaks Realty is proud to present their October 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 October 2022. Austin Multi Family Properties Under Contract Down 56% In October 2022, 18 multi-family properties […]
October 2022 Austin Condo Price Report
Eleven Oaks Realty is proud to present their October 2022 Austin Condo Price Report measuring activity in the Austin condo market. Our October 2022 Austin Condo Price Report covers all condominiums and townhomes in the City of Austin. Number of Austin Condos Sold Down 50% In October 2022, 150 condos sold in Austin compared to […]
October 2022 Austin Real Estate Price Report
Eleven Oaks Realty is proud to present their October 2022 Austin Real Estate Price Report measuring activity in the single family home market. Austin Median Home Price Up 7% The biggest story this month: median home prices in Austin up, not as drastically as they have been in months past. But, still up more than […]
Best Affordable Austin Neighborhoods
We’re often asked where an Austin home buyer can find the best deal in Austin. To help answer that question, we’ve put together a list of the best affordable Austin neighborhoods. When coming up with this list we considered several things – schools, location, amenities and price being the main factors. Mapped: Best Affordable Austin […]
How Much are Property Taxes in Buda?
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 […]
Buda and Kyle Master Planned Communities
Buda and Kyle are southern suburbs of Austin and some of the fastest growing. Buda alone grew 103% from 2000-2010 and that number is expected to double over the next decade. Why are Buda and Kyle so desirable to buyers? Buda and Kyle offer suburban dwellers the best of both worlds – affordable, suburban living […]