June 2019

Found 4 blog entries for June 2019.

Hot off the press! Read up on the latest happenings in Austin's charged real estate market courtesy of your friends at JB Goodwin! We've collected the latest statistics directly from the Austin MLS® - we've the done homework so you don't have to.

Signs point toward a bit of cooling of Austin's red hot housing market. Both median home prices and inventory remain level compared to 2018 figures. Total units sold are still up - 4% over May 2018.

Key Stats to Look Out For:

  • Inventory remains low at a mere 2.6 months supply
  • Demand continues to climb, up 4% compared to last year
Do you have more questions about the state of the Austin real estate market? Don't hesitate to contact JBGoodwin REALTORS® online today!

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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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Utilizing renewable energy is a great way to both lower your bills and reduce stress on the environment. Through some high and no-so-high-tech methods, there are more and more ways to efficiently save and even create energy.

1. Residential Solar Panels

As the efficiency of solar power technology increases and costs of installation decrease, more homeowners are adding electricity-producing panels on their roofs. Doing so often allows users to sell their surplus power back to their utility company and recoup their panel investment even faster.

With government entities sweetening the deal with tax credits and subsidized rebates, many homeowners are saying ‘yes’ to producing their own power.

2. Smart Energy

Thanks to technologies like

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Join us as we dive into the latest leasing stats, direct from the Austin MLS® - courtesy of the JB Goodwin Team.

Supply is down and demand continues to rise - up 4.5% so far in 2019. Listing prices remain remarkedly level. If you're a homeowner looking to rent out your property, market conditions couldn't be more positive! There are roughly 200 units available across the city, and keep in mind JB Goodwin can get your rental filled 5 days faster!

Key stats to look out for:

  • Total leases are up 4.5%
  • Home leases are up 3%
  • Property leases are down 6%
  • Single-family home leases are down 3%
Do you have more questions about the state of the Austin rental market? Don't hesitate to contact JBGoodwin REALTORS® online today!

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