Chief Economist of Realtor.com, Jonathan Smoke, recently released analysis showing why he thinks September will be the best month to buy a home in 2015. Most of these reports are usually only supported with anecdotal data best. In Jonathan’s analysis, he backed it up with numbers, which as an Engineer, you know I love. His […]
Best Day to List Austin Home
Recently, national real estate blog Redfin released a study on the best day of the week to list your home. They studied listings over a 21 month period in several major markets, including Travis County in Central Texas. What did the study find? Homes Listed on Friday are 12% More Likely to Sell in 90 […]
Why Experts Say 2015 is the Year to Buy a Home in Austin
In the past few weeks, I’ve seen a lot of experts on TV, radio and online tell Americans 2015 is the year to buy a home. These stories are more than your typical “how to accomplish your New Year’s resolutions stories”, as they actually cite reasons for their claim. If you’ve been reading our Austin […]
Where Austin Housing Prices Increased and Decreased Most in 2014
Gracy Title recently released their 2014 year end Austin Real Estate Market Report, which includes data for single family homes, condos and townhomes. There are some pretty interesting findings in these numbers, which we thought we’d share and dispel some of the big myths we are seeing in the media. For the most part, the […]
Austin Showed 7th Highest Appreciation in the US
In a recent study by RealtyTrac, metros with a population of 500,000 or more were analyzed to find the cities that had the highest appreciation in 2014. RealtyTrac analyzed median sales price in year over year numbers and found Austin showed the 7th highest appreciation in the US. All of the cities in the top […]
Gave Up on Your Home Search During Spring? Time to Get Started Again!
There were more than a few home buyers who got frustrated and decided to put off their home search last Spring. Experiencing that frenzied market myself with multiple offers, overbids and cash buyers, I can completely understand why a buyer would want to take a break. It was emotionally draining, especially if you weren’t successful. […]
Timing the Real Estate Market – Buy Sell or Wait
Every real estate investor whether in Austin or Abilene wants to know the best time to buy, sell or hold? Here in Austin, the real estate market is enjoying a boom of sorts. But for how long and when might it change? Tools for Analyzing the Real Estate Market Market charts can be a useful […]
When Does Trading Up Make Sense?
Over the years, we have developed a check list for Austin home owners to help decide whether trading up to a more expensive home or move to a more desirable neighborhood makes good sense. Answering “yes” to most of the following questions may be indicative that moving is the right next step for you. #1: […]
Time to Purchase Austin Investment Real Estate
WOW! I’m amazed at how quickly a formerly depressed segment of the Austin real estate market can turn around. The Austin, Texas small unit (2-4 units) rental market is a textbook example. The notable drop in home ownership rates from 69% in 2005 to 66% in 2011 has created about 5 million new renter households. […]
