Agent’s Blog

30 March

Blog Post - Austin Luxury Real Estate Market Up 50%

Posted by Tom Bates

 

Just a quick study here of the Austin luxury real estate market (homes over $1m): Last year in the first quarter there were 48 homes that sold by March 30, this year as of today, there have been 72 luxury homes that sold over 1$m, so 50% more.  The average closed sales price to list price this quarter was close to 93% of list price, better than last year’s 91.75%.  (Note, these numbers will change slightly as agents continue to update the MLS with Q1 closed sales data.)  Ask anyone in the Austin luxury home sales market and they will tell you that inventory is low and multiple offers are back in fashion!  (Here is a link to that report if you’re interested: Q1-2013 Austin luxury homes report.)

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02 March

Blog Post - Wudjew Say Pardner?

Posted by Tom Bates

 

Pretty funny article from KUT News about Austin-speak

And this massive thread from Reddit Austin is pretty informative and good reading.  Keepin it weird ya’ll.

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03 February

Blog Post - 5 New Modern Homes in Travis Heights

Posted by Tom Bates

 

To fill a highly needed market gap, one of Austin’s top modern home builders is working on plans for 5 high-end modern homes in south Austin’s booming Travis Heights neighborhood.  All homes will have 3rd floor balconies, tons of high end luxury finishes, wet room master baths, loft/game/flex rooms, walk in pantries, open living concept, 2 car garages and tons of modern style.  Homes will be priced in the $500s and $600s, and will probably all sell pre-MLS if I had to guess.  We do not represent the builder on these homes, so contact one of our Austin real estate agents for more information.

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23 January

Blog Post - Austin Real Estate News: Summary Link

Posted by Tom Bates

 

Here is a good way to keep up with Austin real estate news from the Austin Statesman and Austin Biz Journals…this URL will update Austin real estate articles from both websites.  Enjoy!

Austin real estate news

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21 December

Blog Post - Austin #5 on Trulia’s 2013 Healthiest Housing Markets

Posted by Tom Bates

 

Been seeing a lot of national news about Austin’s real estate market being hot/healthy/etc compared to other US cities, here’s a link to a Trulia Pro Real Estate Blog – Austin article.   Honestly, Austin does not have a lot of competition on this list, I mean I could see living in Seattle, but the others:
San Francisco? > hello ridiculous amounts of state taxes
Nebraska? > do what?
Ft. Worth, Houston, San Antonio? > no way, no way, no way
Trulia map top 10 healthiest real estate markets - austin

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21 December

Blog Post - Austin Real Estate Market Up 23% in November: Statesman

Posted by Tom Bates

 

Austin real estate market jumped 23% in November over last November writes The Statesman.  This article mirrors what we are seeing in our own office: buyers who see something they like need to be prepared, act quick and be realistic with offers.  Many sellers are erring on the higher side of the appraisal range and getting their number…especially in closer in urban neighborhoods.  Still, there are some good deals out there if you have some vision.  Good luck buying and selling!

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