News

NEW PRICE: Spacious Colonial on Corner Lot in River Ridge

NEW PRICE: Spacious Colonial on Corner Lot in River Ridge

Austin Area, Listings
https://www.tourfactory.com/2119049 NEW PRICE $349,900 First impressions are everything, and when you walk in the front door you’ll be struck by how open and bright this home is! Right away, you get the feel for having guests over for either formal or casual events, because you have both types of living & dining spaces. Multi-gen or guest opportunity with a bedroom and full bath downstairs. Astounding amount of storage and counter space will keep you in the kitchen even if you don’t like to cook! A trio of bay windows in the upstairs Owner’s suite is perfect for morning yoga and journaling, while you can end your day in the garden tub or free-standing shower. Unbelievable storage in this suite, including a secret entrance to the partially finished attic, with space…
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FOR SALE: Country Living, Close to Town

FOR SALE: Country Living, Close to Town

Austin Area, Listings
Looking for country living while staying close to city amenities? Look no further! Meticulously maintained custom built home sits on 0.78 acre in a desirable neighborhood just outside Georgetown city limits. No neighbors in back, and the lowest property tax rate around! Kitchen has been updated with granite counters and bar seating. Enjoy the large dining room windows that overlook a lush green pasture. Four bedrooms plus a separate office/study. Spacious Owner’s suite features built-ins and a dual vanity. Charming stone fireplace with built-in firewood storage makes this a cozy living room. Spacious enough for hosting and entertaining, the room is wired for sound. The fenced backyard will be your favorite place in the mornings, watching the sun rise from a wood deck. You’ll also enjoy evenings around the fire…
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April 2019: First quarter sales provide evidence for stabilizing prices

April 2019: First quarter sales provide evidence for stabilizing prices

Uncategorized
Austin's housing market shows continued demand and suburban growth AUSTIN, TX–Central Texas REALTORS® remained busy after strong first-quarter sales, with the number of April home sales skyrocketing almost 15% in the Austin-Round Rock Metropolitan Statistical Area (MSA) over the same period last year. However, because the median sales price increased by a much narrower margin, results signal market prices stabilizing, according to the Austin Board of REALTORS® April 2019 Central Texas Housing Market Report.  "In the first quarter of the year, the median price of a single-family home in the Austin-Round Rock MSA increased by just 0.2%, which is a much smaller margin compared to previous years. Between 2012 and 2015, we saw price increases as high as 9%," Kevin P. Scanlan, 2019 president of the Austin Board of REALTORS®, said. “These…
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March 2019: Single-family homes sales fall in Austin as inventory remains critically low

March 2019: Single-family homes sales fall in Austin as inventory remains critically low

Austin Area, Real Estate News
A new land development code is crucial for addressing housing market concerns AUSTIN, TX–City of Austin home sales dipped as the median price of a single-family home rose, according to the March 2019 Central Texas Housing Market report by the Austin Board of REALTORS®. At the same time, housing inventory remained critically low, and homes continued to spend less time on the market. "Because Austin’s economy is thriving and the city continues to remain one of the most popular living destinations in the country, the housing market remains extremely tight," Kevin P. Scanlan, 2019 president of the Austin Board of REALTORS®, said. “In March, new listings, active listings and pending sales all declined, but the median price increased. We need a solution to the ongoing affordability and inventory crisis, which is why…
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February 2019: Statistics Point to an Early Spring

Austin Area, Portfolio, Real Estate News
AUSTIN, TX– Central Texas REALTORS® sold more homes than any February on record last month, indicating the spring selling season may have started early this year. According to the Austin Board of REALTORS® February 2019 Central Texas Housing Market report, sales increased by 6 percent from February 2018 to February 2019 to 2,101 sales. This increase was matched with both a rise in active listings and housing inventory, signs that the Austin Metro housing market this year continues to move toward greater balance. "We've been hearing from our members that buying and selling activity has really picked up over the past month," Kevin P. Scanlan, president of Austin Board of REALTORS®, said. "We're seeing a lot of development in North Austin, as major tech employers are looking for space with ample room…
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SOLD: MCM in the Heart of Old Town

SOLD: MCM in the Heart of Old Town

Austin Area, Solds
When people mention LOCATION, this one has got it! Only four blocks from the Most Beautiful Town Square in Texas, this mid-century ranch style home is in the middle of it all. Walk to dinner & drinks, shopping, and the popular festivals that keep the downtown area hopping all year round. Nestled into a shady yard, there's plenty of outdoor space for entertaining or adding square footage to the house. Old, native pecan trees overshadow the young apple, grapefruit, and fig trees. The house has some updates, and yet there is potential for further updating and personalization to your specific taste. 3 Bedrooms1 Bathroom1,044 square feet$250,000
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December 2018: Record-breaking sales & housing affordability

December 2018: Record-breaking sales & housing affordability

Austin Area, Real Estate News
Record-breaking sales in the Central Texas market underscore the need for greater housing affordability AUSTIN, TX– Rising property values and increased demand led to an all-time high in sales dollar volume in 2018 as shrinking affordability spread across Central Texas, according to year-end data in the latest Austin Board of REALTORS® (ABoR) report. Central Texas REALTORS® sold 30,713 homes in 2018, generating $11.9 billion in sales dollar volume, the December and Year-End 2018 Central Texas Housing Market Report found. “2018 was the highest-grossing year on record, and for the first time ever, the median price for single-family homes in the Austin-Round Rock MSA (metropolitan statistical area) stayed above $300,000 for 10 consecutive months,” Kevin P. Scanlan, the 2019 Austin Board of REALTORS®president, said. “While much of the region is benefitting from these higher numbers,…
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Record-Breaking Sales Continue

Record-Breaking Sales Continue

Austin Area, Real Estate News
Austin-area housing market on track for record-breaking sales AUSTIN, TX–As single-family home sales continue to rise, another record-breaking year is expected for the Austin-area housing market, according to the latest monthly report from the Austin Board of REALTORS®. The November 2018 Central Texas Housing Market Report released today suggests another strong showing for the region. "Sales are up 3.3 percent year-to-date for 2018,” Steve Crorey, president of the Austin Board of REALTORS®, said. “Pending sales volume in December, the Central Texas housing market is on track to have one of the highest-grossing years on record." Austin-Round Rock MSA In the Austin-Round Rock Metropolitan Statistical Area (MSA), sales volume slightly increased 0.7 percent year over year from 2,185 sales in November 2017 to 2,201 sales last month. Sales dollar volume increased 5.6 percent year…
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Getting Ready to Move? This Checklist Should Help!

Buying, Home Care Tips, Real Estate News, Selling
Moving Checklist The best way to organize your move is to set your move-in date then use this guide to keep you on track from two months right up until you move. If you wait until the last minute, you might find yourself stuck renting a U-Haul and begging friends to tote your boxes for pizza and beer. There’s a better way. First, determine your move date, then get busy with this checklist. 60 days before move date: Sort, purge and donate – Make sure you only move things you want, need, and use. Start by tossing out anything damaged, donate what can be, give away items, and purge the unusable. Find a mover – The process is more intense for a long-distance move, and it pays to start early.…
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Can Landlords Limit Certain Dog Breeds Because of Insurance?

Real Estate News
Q. I manage a property with a no-pets policy and am in the process of leasing it. The landlord decided to lease to a hearing-impaired tenant who is requesting her dog, a pit bull, be allowed as her assistance animal. The owner of the property has a homeowners insurance policy that prohibits "vicious" breeds, including pit bulls. What can the landlord do? A. Generally speaking, the landlord must grant a reasonable accommodation, unless an exception applies. An accommodation is unreasonable if it imposes an undue financial or administrative burden on a housing provider’s operations. According to a 2006 memo from the U.S. Department of Housing and Urban Development, if a housing provider’s insurance carrier would cancel the insurance policy, substantially increase the costs of the insurance policy, or adversely change…
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