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
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
The Most Underrated Builder in Kyle (Austin Suburb)
Kyle, Texas, a vibrant suburb south of Austin, has seen explosive growth in recent years. Among its various housing communities, Six Creeks stands out, primarily due to Perry Homes’ exceptional offerings. As an underrated builder, Perry Homes brings a blend of quality, value, and design that appeals to many prospective homeowners … Read More
Are There Going to Be More Homes to Buy This Year?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale is at an all-time low … Read More
3 Reasons We’re Definitely Not in a Housing Bubble
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. This time, housing supply is … Read More