April 2018

Found 4 blog entries for April 2018.

San Antonio is one of the most populous cities in the United States and home to some of the most luxurious houses and condos in Texas.

San Antonio contains some of Texas’ most famous attractions--the Botanical Gardens, Natural Bridge Caverns, Pearl District, Six Flags, the Alamo, and the Riverwalk, just to name a few.

The city is also home to world-class cuisine. Local restaurants and breweries are loved by residents and visitors alike.

It is home to some of the most popular golf courses and country clubs in Texas, including some that are even alongside affluent San Antonio luxury homes.

If you are in the market for luxurious San Antonio real estate, here are 5 neighborhoods worth your attention:

The Dominion

This master-planned

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austin real estate mls leasing statistics, april 2018

Statistics have remained remarkably level across the board, with apartment occupancy remaining above 90%.

Supply is up with 200 new properties added to the market, with demand remaining more or less level.

Here are a few of the key statistics to pay attention to:

  • Total home leases increased by 4%
  • Total property leases increased by 9%
  • Total single-family home leases increased by 6%
  • The median price per square foot for apartments, etc. dropped by 6 cents
  • The median price per square foot for single-family homes remained steady

The main takeaway is that the leasing market throughout Austin remains extremely healthy, with steady growth seen in many different segments.

austin real estate, JB Goodwin April 2018 leasing statistics

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Austin Business Journal predicts that an average of 170 new people will move to Austin every day throughout 2018, which means 62,000 plus new residents over the course of this year.

The area has a perpetual allure that draws more and more families from across the country to call Austin their home.

As the basic laws of supply and demand would predict, our popularity has resulted in years of appreciating real estate values. For those in the market to live in or around downtown Austin, these growing home costs come with clear pros and cons.

In one regard, appreciating values mean a healthy real estate investment opportunity. On the other hand, rising costs mean there’s a growing financial barrier of entry for families in the market to buy central

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jb goodwin austin real estate agent analyzing stats

The results are in! Let's take a look at the February 2018 real estate statistics for Austin.

After some gains over last month, the average cost of sold homes still lags behind 2017, with $291,000 compared to $293,200. Inventory continues to hold steady at a low 2 months of available inventory.

We are only two months into the year and the trend of continued median home prices is sure to continue.

Other highlights:

  • Total units sold is up 2% from 2017
  • 6% more units were sold in February, compared to 2017
  • Inventory is down 1%, compared to February 2017
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