What makes a street “COOL”?
Austin has the 3rd Coolest Street in the world! …According to TimeOut Magazine. What makes a street cool? No idea, but the good people at TimeOut Magazine know.
What interest rate are buyers waiting for? Here’s a breakdown.
Interest rates are a direct indicator of real estate volume. Buyers have in their mind the “perfect” rate that is right for them to start their house hunt. Using data from Realtor.com, I will break down the percentage of buyers that will consider buying when rates dip below different levels. Keep in mind, even a […]
Austin’s Home Initiative, will density = affordability? No. Just, no.
Austin has new guidelines for residential lots with at least 7,500sf. Will this zoning change result in higher density and lower rices? Well, look at the density of housing in NYC, Tokyo, London, etc. No! It will result in more tightly packed housing and increase prices. This is great news for developers, not so much […]
Is Austin’s housing market overpriced? Nope!
Is there a “housing bubble” in Austin? Was there a “bubble” to be burst in Austin? Not really. Yes, home prices shot up during the pandemic with so many people being sent to work from home and workers realizing they could work from anywhere, but that is just supply and demand. As demand increases, prices […]