Where is the Austin Real Estate Market Now?
September 30, 2022 by Laura Duggan · Leave a Comment
After over a year of an Extreme Seller’s Market (See Market Report Tab above) where there were fewer than 2,000 homes for sale and prices rose substantially, it all changed in May. There are now over 9,000 homes for sale, interests rates have risen 3.5 percent to just under 7%, inflation has increased the cost […]
Year End Market Report Indicates Austin’s Growth
December 29, 2021 by Laura Duggan · Leave a Comment
The real estate market in Austin continues to explode. We have sold more homes in Austin in 2021 than in any previous year, over 35,000. In fact, our team at West Austin Properties could have sold even more if we had had more inventory. Take a look at our December market report to see the […]
Growth = Demand
April 14, 2021 by wampadmin · Leave a Comment
The Austin job market is expanding at a level that exceeds the availability of housing. While more homes sold in the first three months of this year compared to any prior year, the number of homes on the market is at record lows. This is occurring for several reasons. Business relocations, combined with job expansion […]
Austin Exploding
January 20, 2021 by wampadmin · Leave a Comment
Austin is now one of the fastest-growing cities in the United States. In the last 20 years, the city of Austin has seen a population increase of 48%, from 675 ,000 in 2000 to over 1 million today. Oracle Corporation and Tesla have both just moved their headquarters from California to Austin. Other companies like […]
