Austins Real Estate Market First Quarter In Review

Austins Real Estate Market First Quarter In Review

Image title
Image title
Image title


Pictures speak loader than words. As an Active Licensed Salesperson and Realtor, I live on a daily basis the effects of Austin's super hot real estate market. Small inventory, overpriced properties, multiple offers, rushing to go see a property that may fit my clients' needs and wants; and "hand-holding" to keep them motivated and engaged so they can ride this tide and accomplish their goal of finding their first, second or third home. Some buyers give up or take a break from house hunting though, who can blame them? Looking at listings from dawn to dusk, putting an offer to then find out that the seller picked a lower cash offer, can be exhausting. Most buyers ride this tide because that is the only choice they have or they would be renters if they don't purchase a home before the month-to-month increase in property value and mortgage interest puts them out of the market. 


In Austin, we have seen a steady 4% increase in property values since the beginning of 2018 and we see o signs of this coming to an end. Among 125 cities in the US, Austin was named the best place to live for the second year in a row by US World and News Report this April. Land shortage and the daily increased need for housing - high demand, low inventory - are the 2 main reasons Austin's real estate market goes up month after month.  


Buyers, keep it up. Stay focused and determined and you will accomplish what it seems an impossible and daunting task. Homeownership is worth every effort, I promise!


Best,


Marcela 


Marcela Alfonsin Headshot
Author:
Phone: 512-300-7406
Dated: April 24th 2018
Views: 198
About Marcela: Born and raised in Argentina, Marcela is calling Austin "home" since 2004. She is versatile and mult...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

3113 Fontana Dr B Austin Tx 78704 - Open House Sunday 12 to 3PM 
You DO NOT Need 20 Down To Buy Your Home NOW - The Aspiring Home Buyers
Safe And Happy July 4th 2018 ATX Style - Parades, fireworks, and live music
Listing Of The Month - Just Listed in Northwoods at Avery

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Bill Austin
7320 N Mo-Pac Ste 305
Austin, TX
512-709-6343
888-643-9502