Austin Real Estate Market is Hotter than a Texas Summer
July 14, 2013 by Laura Duggan · Leave a Comment
oem software For the past five continuous months the overall real estate market has been a rare Extreme Sellers Market. How rare? In the prior 85 months, spanning 7 years, the Austin market has been in an Extreme Seller’s Market only three months, and all three months were in 2006. Demand remains strong as people continue […]
December Austin Real Estate Report – Brisk Austin Housing Market
December 11, 2012 by Laura Duggan · Leave a Comment
The Austin real estate market is brisk with a record number of home sales and even lower inventory than last month. • Days on the market is the lowest in 7 years • Highest pendings in 7 years • Lowest number of homes for sale in 7 years • Highest market absorption in 6 years […]
Market has peaked for the year, still mostly a Seller’s Market
August 15, 2012 by Laura Duggan · Leave a Comment
Austin is projected to add 600,000 people by 2020 and an additional 800,000 people by 2030. In 18 years metro Austin will reach 3 million people! This continuous population growth at the time of a major US recession combined with less than normal new construction has made Austin a “Sellers Market” for homes below $600,000. […]
Market reaching peak, starting to slow, still mostly a Seller’s Market
July 14, 2012 by Laura Duggan · Leave a Comment
A Seller’s Market is defined as one with high buyer demand that results in slowly rising prices.Good and well priced homes in this seller’s market usually receive an offer in a few days. That is Austin, now. Currently, demand is high and inventory is low across ALL Zip Codes and Areas! The average and medium prices of […]