September 2018

Found 2 blog entries for September 2018.

Cimarron Hills in Georgetown Texas

We had the pleasure of getting an update on the housing market from Eldon Rude, Principal at 360 Real Estate Analytics. The seminar was very informative and these are some of the key points/takeaways.

Be careful with headlines

In a world of instant gratification, and knee-jerk reactions, it's easy to misconstrue headlines or maybe put too much importance on their meaning. For example, there are many headlines relating to an expected "downturn" in the real estate market in 2019. These expectations are sometimes based on small samples of information, and when you look at the big picture and take into account the significant amount of growth the country and the local Austin market have seen in recent years, wouldn't any slow down be considered a

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July 2018 Austin Real Estate Statistics

Stats show that the market was steady in July, which surprisingly can be a sluggish month. Most areas saw a slight decline in the number of sales (year over year), however, median home prices have continued to rise showing a 5% increase since July of last year making the median sales price in the Austin Metro in July $326,000. Both pending contracts and overall volume (1.4 Billion) were up significantly in July. Home inventory levels were down slightly to 2.9 months of inventory, which could be the reason for fewer homes selling. Low inventory levels were likely the reason for lower the lower number of units sales. 

Pending sales are up! That's really what tells the tale of the tape. Our agents are ready to help you market your home for sale in

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