JBGoodwin REALTORS® - Austin & San Antonio Real Estate Blog

The stats are in, and October brought more of the same to the Austin real estate market. You can read over the full Austin MLS® sold stats below!

Inventory continues to fall, even as demand continues to rise. Compared to last month, the total number of properties available for sale is down, but still up 7.8% compared to 2017. Sales in October were up 4% compared to the same time last year.

Here are the key stats to look for:

  • Total inventory in Austin is only 2.9 months
  • Median home price is $305,700, compared to $293,200 in 2017
  • So far in 2018, 29,334 units have been sold
Have more questions about the Austin real estate market? Please don't hesitate to contact JB Goodwin REALTORS® online today!

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So, how is the rental market in Austin faring? Well, we're glad you asked. Read up on the latest from the Austin leasing market, direct from the MLS®!

Supply remains quite low at just 300 units, so it's a great time to lease out that property you've been considering. With high demand and low supply, you can get top dollar for your rental. Remember, the average days on market for a rental in Austin is currently 34 days, but you can get that property filled 4 days faster with a JB Goodwin rental specialist.

The essential stats to look out for:

  • Total leases are up 4%
  • Home leases are up 6%
  • Property & single-family home leases are both down 10% respectively
  • The median price of a single-family home rental is $1,750, or approximately
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New Fortune 100 Company HQ Coming to Austin: What This Means for Local STEM Opportunities

In January 2018, WalletHub ranked Austin, Texas the fourth best metro area in the country for STEM (Science, Technology, Engineering, and Mathematics) professionals.

When it comes to STEM opportunities, publications like WalletHub look for cities where big companies in technical fields are expanding. Those expansions translate into job opportunities.

Austin Business Journal recently announced that Resideo Technologies (REZI), a Honeywell spinoff and Fortune 100 company, has chosen Austin for its future headquarters.

Resideo manufactures residential indoor-environmental control and security systems. They are the “leading wholesale distributor of security and low-voltage products,” and a top manufacturer of smart home products.

What will

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san antonio, tx famous riverwalk

Every time we walk a first-time homebuyer through the process of finding and purchasing a new home, it’s cause for celebration.

At JB Goodwin, we recognize purchasing a home is a big commitment — and a very exciting decision. There are so many factors to consider including location, number of bedrooms, style of home, price range, amenities, forecasted rates of appreciation, property taxes, and more.

If San Antonio is your choice for a first home, expect to enjoy a blend of affordable city-living with a deep Texas pride connected to one of its most popular locations. Alamo City is definitely up-and-coming, with new restaurants and developments being added every day.

First-time homebuyers in San Antonio have a lot to think about. The property

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Hot off the press! The JB Goodwin Team is proud to present the latest Austin MLS® stats for the month of September 2018!

Upward is the predominant trend across several different statistics. In a shift over last month, inventory is up 5% compared to 2017 figures, as are the median price of homes and the total units sold year to date.

Supply is up 400 units compared this same time last year, but still lags far behind eight years ago when there were 2,500 more units available for sale.

Key stats:

  • Median home prices are up 4.3% over last year
  • Despite an increase, inventory remains low at just 3 months
  • Demand is up 3%
Have more questions about the Austin real estate market? Don't hesitate to contact us online today!

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The Susan G. Komen Race For The Cure is a nationally-held fundraising event for breast cancer research. We ran for those who have been impacted by a breast cancer diagnosis — whether a friend, family member, coworker, or even oneself.

These races bring hope.

Not only does the Race for the Cure raise awareness and build community — but they also raise money to help end breast cancer once and for all.

The JB Goodwin Team Arrived in Force

That’s why 80 JB Goodwin racers woke up bright and early on Sunday, September 30th.

The race began south of the South Congress bridge, where a sea of runners was surrounded by well-wishers holding signs and wearing shirts in memory or support of a loved one who has been diagnosed with breast cancer.

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It’s an exciting week for the JB Goodwin San Antonio office. At this year’s Top Workplaces award ceremony, our San Antonio team was awarded a 2018 Top Workplaces award by the San Antonio Express-News.

This was our 7th year in a row being recognized as a top place to work in San Antonio, and it’s all thanks to our many great team members.

Several of our Alamo City JB Goodwin staff attended the award ceremony and received two awards on our company’s behalf:

First, JB Goodwin received 3rd Place overall among midsize firms.

The second, the Best Management award, recognized JB Goodwin for its outstanding leadership.

We wish to congratulate and offer a shout out to the entire JB Goodwin - San Antonio team for their support, continuous hard

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Read up on the Austin rental market with JB Goodwin's MLS® leasing statistics for the month of October - hot off the press!

Supply is still down overall, but up slightly over last month with 200 available units. With supply down and demand up 4% in 2018, now is a great time to lease out that property. The average days on market of an Austin rental property is 34 days, but you can get that unit filled 5 days quicker with JB Goodwin!

Other essential leasing stats:

  • Total leases are up 4%
  • Home leases are up 6%
  • Property leases & single-family homes leases are both down, 6% & 8% respectively

Are you interested in learning more about leasing our your Austin home, condo or townhome? Don't hestitate to contact the team at JB

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Real estate investment in San Antonio can be a passive or active means to growing personal wealth. As housing costs appreciate, simply owning a home in the area is a great way to invest for the future.

But some people wish to be more involved in their investments. For those who love fast turn around, manual labor, and problem solving, house flipping is a popular and fulfilling form of real estate investment.

HGTV popularized the art of house flipping by portraying this DIY renovation business in a way that seems highly accessible. As a result, there’s been a surge of ambitious investors entering the market across the country. Competition to buy undervalued homes has increased, but there’s still opportunity for the careful, savvy investor to make

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The JB Goodwin team is pleased to present the latest Austin MLS® stats for the month of August 2018.

The median price of a home in the city continues to rise, up 4.6 % this year at a price of $306,700. Demand is also up 4% with a low inventory of just 3 months. It's a great time to sell!

Compared to 2017 figures, the total inventory for the first half of the year is down 3%. The median price of homes and the total units sold so far this year are both up 4%.

Key stats to look out for:

  • Inventory is down over 4000 units compared to 8 years ago
  • Sales are up 6.5% this year
  • Median home prices are expected to continue upward into the second half of the year

 

 

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