JBGoodwin REALTORS® - Austin & San Antonio Real Estate Blog

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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San Antonio was named the 3rd best place to retire in 2018 by U.S. News. Since Sarasota, FL and Lancaster, PA took first and second place (in that order), that means San Antonio is the #1 place to retire in Texas.

For generational Texans and newcomers alike, San Antonio offers the conveniences of living in a major city, without many of the big-city headaches. It’s a beautiful location for settling down, with reasonable housing prices that are appreciating.

Beyond our great restaurants, golf courses, and local attractions, it’s San Antonio’s neighborhoods that make it a great place to retire. Whether you’re looking for a quiet retirement surrounded by Texas golf courses in the Hill Country or an in-the-action retirement surrounded by stores,

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5 Reasons Why So Many Californians Are Relocating To Austin, TX

Spurred by the 2008 U.S. recession, thousands of Californians have been making the decision to relocate to Austin, TX.

So what's going on?

California has long been the dream location for many. Picture year-round warm weather, gorgeous sandy beaches, endless blue skies, and that notorious laid-back attitude. It's hard to believe that anyone would want to move away from such a luxurious location.

The reality of the situation is that many Californians are realizing that this picturesque dream is just that; a dream.

California is becoming an increasingly difficult place to live and work. Well...relative to Austin at least.

The cost of living continues to grow, housing prices are astronomical, and though the active lifestyle, food industry,

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Why Move to Texas?

Texas has become one of the most popular places for relocation in the United States, according to The Fiscal Times. Our state is home to sprawling cities, temperate weather, and an ethos that is still punctuated by the independence and adventure of Louis L’Amour novels and John Wayne films.

On their way to their new Texas homes, families drive through the dips and winds of the Texas Hill Country, passing horses and farms, city lights and towers. Texas is still a place where independence and new beginnings draw families from across the country to experience fresh starts that are filled with adventure.

No matter the city you choose, finding a new home in Texas is thrilling. It also comes with a handful of challenges.

We

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Take a look at the latest leasing report for April 2018, coming to you from the JB Goodwin Team!

Attention property owners! With supply down and demand up, it's still an incredible time to lease out that space. There are approximately 200 available units across the city, with occupancy sitting at around 93%. Keep in mind, if you are lookning to fill your rental space, we can find a tenant an average of 3 days sooner!

Key stats to look out for:

  • Total leases are up 4%
  • Home leases are level
  • Property leases are down 7%
  • Single-family homes leases are down 7%
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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Join us as we examine the latest developments in the Austin real estate market, using stats direct from the Austin MLS®. You can see the entire market trends for the month of March in the infographic below!

The median price of a home in the city is up slightly at $295,300, compared to $304,500 this same time last year. Demand remains level with supply on the rise. Despite an increase of 500 units over last year, overall supply remains at a low 2.4 months.

Key stats to look out for:

  • 7,194 units have been sold, up 1.2% from last year
  • 6,600 units are currently on the market, up 17% from last year
Do you have more questions about the state of the Austin real estate market? Don't hesitate to contact JBGoodwin REALTORS® online…
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austin, texas downtown cranes, new construction

Have you heard the news… Austin is growing?

Local news station KXAN is now reporting that 27 new construction projects are currently in the works in downtown Austin alone!

According to KXAN, this includes:

  • Six new high rises on Cesar Chavez, including a 46-story skyscraper overlooking Republic Square
  • Along Waller Creek: A medical research facility that’s part of the Dell Seton Medical Complex and a 5,000-seat amphitheater at Waterloo Park
  • Eight new hotels, including a 32-story tower off Cesar Chavez featuring a hotel and apartments, a new Marriott west of the Austin Convention Center and a 42-room boutique hotel in east Austin

They are even reporting that a new condo on Rainey Street is being budgeted at a cool BILLION

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Joining a homeowners’ association can be an added perk of living in certain communities. In essence, a homeowners’ association allows a community to agree to share the costs of the extra benefits of living in said community.

HOAs are common in gated neighborhoods with special accommodations like a pool, tennis courts, regular lawn service, and more. They can also afford greater security and fund neighborhood maintenance problems that may arise.

With shared community amenities, a local body to keep the neighborhood uniform and safe, and a community fund to help with issues around the neighborhood, HOAs provide a kind of safety umbrella for neighborhood members.

HOAs can make a neighborhood more pleasant and liveable by allowing for shared

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Check out the latest leasing report for March 2019 direct from the Austin MLS®, courtesy of JBGoodwin REALTORS®.

Supply is down at just 200 available units across the city. It's a great time to lease out your space with demand up 3% so far in 2019. Rental prices remain level however.

Here's a breakdown of the key stats to look out for:

  • Total leases are up 3%
  • Home leases are up 2%
  • Property leases are down 7%
  • Single-family homes leases are down 2%

Remember, your friends at JB Goodwin can fill your rental property 4 days faster than the average Austin real estate agent.

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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JB Goodwin MLS Real Estate Market Update, February 2019

What's going on in the Austin real estate market? We're glad you asked. Check out the latest JB Goodwin sold comparison report direct from the MLS® below!

Total units sold stands at 4,136, up a marginal 1.3% over this same time last year. Inventory is also up 17% over last year, with a total of 6,600 units currently on the market! Despite this increase, overall inventory remains comparatively low at just a 2.3 month's supply.

Key stats to look out for:

  • Demand remains level
  • The median price of homes sold so far this year is $293,400
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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