The Austin City Council’s recent approval of phase two of the Home Options for Middle Income Empowerment (HOME) initiative has shaken the local real estate landscape. The significant zoning changes affect, property owners, investors, and prospective homebuyers in a transformed market. As Austin grows, these zoning changes bring both opportunities and challenges. Read More
Golden Opportunities in this “Terrible” Housing Market
High home prices, high interest rates, and high inflation might paint a grim picture of today’s housing market. However, much of this negative perception could be over-hyped. While these factors present challenges, they also create unique opportunities. By understanding the nuances, potential buyers might find that now is the perfect time to get their finances together, get a pre-approval, and start house hunting … Read More
More BAD NEWS for Austin Housing Market
A sudden surge in housing inventory, unseen in over a decade, has created a surplus that has dampened median prices and intensified competition among sellers. Economic uncertainties and fluctuating interest rates have added to the complexity, posing risks for both buyers and sellers. The market dynamics have shifted, making it difficult for sellers to close deals and requiring more strategic pricing and marketing approaches … Read More
Clash of Cultures DISTORTED Austin’s Real Estate Market
Once celebrated as the “Live Music Capital of the World,” Austin, Texas has undergone a dramatic transformation over the past few decades. The convergence of vibrant artistic communities and a booming tech industry has created a unique but challenging landscape for residents and potential homeowners. This clash of cultures has distorted Austin’s real estate market … Read More
Unaffordable Housing is a GOOD THING
For decades, experts and commentators have repeatedly warned about the unsustainable rise in home prices and the growing divide between those who can afford to buy and those who cannot. However, there’s a compelling argument to be made that unaffordable housing is not necessarily a bad thing. In fact, it can be a reflection of economic prosperity and long-term investment potential … Read More
Why you’ll NEVER BUY A HOUSE (and ALWAYS be a RENTER)
Buying a house is a dream for many, but for some, it remains just that—a dream. There are several critical mistakes and misconceptions that can keep you renting forever. Understanding these pitfalls is essential if you want to break free from the cycle of renting and finally own a home … Read More
What the Politics are REALLY LIKE in Austin Texas
The popular notion that Austin, Texas, is a bastion of liberalism might be more myth than reality. If the city’s progressive initiatives are persistently thwarted by state intervention, can Austin genuinely be considered a liberal stronghold? Let’s delve into three prominent instances where the state’s actions have overridden Austin’s progressive ambitions, casting doubt on its liberal reputation … Read More
Californians REGRET moving to Austin – Why Are They Going Back?
Recent data from the US Census indicates that 111,000 Californians relocated to Texas last year, and the pandemic saw even greater numbers of Californians making this move. This substantial migration has piqued interest, prompting questions about why so many are moving and whether they find satisfaction in their new locales … Read More
Why Everyone is FLEEING Austin as Fast as They Can
In 2023, Austin experienced its first net population decline in a decade. This significant demographic shift has pushed Austin out of the top 10 largest U.S. cities. The population decline is largely attributed to high living costs and changing job market dynamics, which have made the city less attractive for both current residents and potential newcomers … Read More