June Newsletter
Although Austin is FINALLY beginning to show some signs of cooling, this doesn’t mean that Austin won’t continue to lead the pack nationally for quite some time, nor does it even mean that sales prices will slow down yet. Sold prices are lagging indicators that only tell us about what happened a month or more ago, so it might even be the end of the summer before we start to see anything significant in the numbers. See below for more on this, and a few other headlines worth notice. You can also find more market commentary on our blog.
1,500 Austin Homes Sell for $100K Over Asking Price
The market here in Austin has reached new records of growth. How many sold for 300k over list price?
Austin Market Begins to Stabilize
Leading indicators are BEGINNING to give some signs of cooling off…
“Austin housing boom has homebuilders struggling to keep pace, prices soaring”
There have been a record number of new homes being built this year, but builders are still struggling to keep up with the high demand…
New Study Shows Zip Codes With the Most Growth
Which zip codes in Central Texas have experienced the most growth since before the start of the pandemic? The results might surprise you.
Late-Pandemic Lumber Prices and the Supply Chain Crisis
You may have heard about lumber prices skyrocketing in the past year. Here’s a look into the shortages that led to the price jump.
12K New Jobs Announced in Austin Area
Many companies are relocating or expanding to the Austin area, creating nearly 12,000 jobs…Read More
Austin is the Nation’s Fastest Growing Major Metro
With a 3% increase from the prior year, Austin has seen the fastest population growth when compared to other major metro areas…
“Don’t Sell on Your Own Just Because It’s a Sellers’ Market”
It’s a sellers’ market, but that doesn’t mean you should sell on your own and here’s why…
How to Navigate This Market
A good buyer agent can help counsel you about what it takes to win, and how to possibly not bid more than you need…
Major Developments Coming to Austin
These five major mixed-use developments will be opening in Austin by 2040.
A Breakdown of the Cost of Living in Austin in 2021
Austin is a less expensive city compared to some, but is it still an affordable city to live in?…
Tesla Launches Training Program with Austin Community College
This new 14-week program in partnership with Austin Community College will train students for a potential career at Tesla’s manufacturing facilities…
Home Renovations That Hurt Your Home’s Value
Many of these things might seem obvious to a lot of us, but you’d be surprised how many people disregard these.
“It’s not a ‘labor shortage.’ It’s a great reassessment of work in America.”
The amount of hiring in April was less than what was expected, but many workers are rethinking how they want to work and what they want to do…
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