Austin Real Estate News

Found 4 blog entries about Austin Real Estate News.

Welcome All - Bienvenidos a Todos - Austin, TX

 

Just when you think you've seen it all, Austin get's hit with a meteoric rise in home values only to be exasperated by SNOVID aka SNOWPACOLYPSE aka a fierce, snowy blizzard in Central Texas. January started off with a bang, sales were spiking and multiple offer scenarios, where sales prices were easily at 20-30% over list price, was the norm. This created a bit of a frenzied state, not only amongst home buyers, but also the real estate community itself. Everyone starts to wonder when offers are $150K over asking, buyers are paying for title policy and in some cases, waiving your inspection option... what's next?

A historic winter storm in Austin, TX, that will shut down the electrical grid, that's what's next! Apartment & Condo dwellers really

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Homestead Exemptions In Central Texas

Not many people get excited to pay property taxes, especially when you live in one of the fastest and hottest real estate growing cities in the U.S,- every year can look more expensive. That's why, we, at the Austin House Company, want to make sure you remember to file your homestead exemption in order to save your hard earned money.

If you want to take full advantage of the tax savings when you apply for a Homestead Exemption, you'll have to file between Jan. 1, 2021- April 30, 2021.  But remember, you currently have to own and occupy the home and state it as your primary residence (you then cannot claim a homestead on any other property).  We've listed some more important information you'll want to know

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Austin is Blasting Off!

Austin is blasting off! And this isn't just a pun related to SpaceX CEO Elon Musk moving into town and bringing Tesla with him. 

The latest market stats from the Austin Board of Realtors is highlighted below. Inventory levels have reached historical lows in December, and we should see those stats next month. If you're a buyer in the current Austin Real Estate market you have likely experienced how tight and difficul the inventory levels have become. Even new home builders have inventory issues and delays that are creating long wait lists for upcoming phases and new communities. This is all due to a "perfect storm" of factors that developed over the last fews years. Austin has been a popoluar place to live for a long time. The mortgage crisis caused

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At the beginning of 2020, it was thought that this would be a booming year for real estate and Austin, Texas real estate agents would be quite busy. However, thanks to COVID-19 bringing life as we know it to a screeching halt, things may not be as prosperous as previously predicted - or will they? 

In an article posted on CultureMap.com, Romeo Manzanilla, the president of the Austin Board of Realtors, said that home sales will continue to soar, thanks to the extremely low-interest rates. Also, the demand for housing will only increase as houses are sold, which means the housing market is unlikely to run into any lasting negative effects. 

However, according to Mark Sprague, Austin’s Independent Title state director of information capital, he

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