August 2019

Found 1 blog entry for August 2019.

July 2019 Austin Metro Real Estate Statistics

BACK TO SCHOOL MARKET IS CHUGGING ALONG

In July, we saw the highest median home prices rise once again! The number of new listings was up, and while the number of active listings was down. Pending sales are up a whopping 17% year over year, as predicted in our early Summer update, interest rates seem to have helped push the Austin market along. 12% more home sold this July vs last July. I guess the heat didn't keep everyone away. This July was recorded as the hottest July (temperature hot) EVER! We still have very low amounts of inventory, but what is left seems to be sitting on the market a little longer than usual. 

Refinancing and investment purchases are very strong. Investment loans are very affordable and interest rates dipped again, so if

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