Key Takeaways Kyle, Texas, is growing rapidly due to its prime location south of Austin and increasing retail and commercial developments, making it a highly desirable place to live. Perry Homes is highlighted as an underrated builder offering high-quality construction and modern amenities at competitive prices, starting in the low $400,000 range. The Six Creeks community features attractive amenities such … Read More
More BAD NEWS for Austin Housing Market
Key Takeaways Market Dynamics: The Austin housing market is currently experiencing a shift with more homes listed for sale than in the past 13 years. This has led to increased inventory and a decrease in median sales prices. Impact of Interest Rates: The rapid rise in interest rates has significantly slowed buyer demand. Sellers may need to adjust their expectations … Read More
Golden Opportunities in this “Terrible” Housing Market
Key Takeaways High home prices, interest rates, and inflation might make the market seem terrible, but much of that is hype. Interest rates are unlikely to decrease soon, with cuts not expected until the end of 2024. Current housing inventory is high, offering more choices for buyers and pressuring sellers to price realistically. Many listings are priced under $300,000, and … 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