JBGoodwin REALTORS® - Austin & San Antonio Real Estate Blog

The JBGoodwin REALTORS® family is proud to announce the 10th Anniversary of the opening of our San Antonio Division.

Founded in 2010 by CEO/Broker J.B. Goodwin and the late Reagan Greer, our San Antonio Division has enjoyed tremendous success during its first decade in the Alamo City, and today is among the top 10 real estate brokerages in the city.

Along with its rapid growth, the JBGoodwin San Antonio Division has also sealed its reputation as one of the city’s most well-respected work cultures. Named a San Antonio Express-News Top Workplaces recipient the past eight consecutive years, the division was most recently awarded the top spot in its category for 2019.

Early in 2020, our San Antonio Division further expanded its central/south

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San Antonio New Construction homes
It’s impossible to deny that San Antonio is an amazing city.

It’s filled with colorful buildings, top-rated restaurants, and cultural events, making it one of the top visited cities in the United States.

Every year, over 37 million people come to visit this beautiful city we call home.

And although visitors come for the majesty of the city, they stay for the incredible lifestyle.

Over the past several years, San Antonio has seen a steady increase in population, meaning more and more homes have been needed.

As a result, plenty of new construction homes have been popping up in and around the city, and have been impressing homebuyers of all types.

But if you're looking for the best of the best, here are the top four home builders to look

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Here we are at the end of the first month of 2020!

Welcome to the January 2020 edition of the JB Goodwin Austin real estate market report, featuring exclusive data from our agents and the Austin MLS®!

Business is booming in the city, even as indicators point to a slight cooling off. The median price of homes in Austin are more or less steady compared to last year at this time, even as inventory levels continue to drop. Inventory is down a total of 24% compared to January 2019.

Even with cooling median home prices, demand continues to rise. It's never been a better time to sell!

Key stats to look out for:

  • 1,947 units were sold in January, up 8.5% from last year
  • Austin median home price is down 1%
  • Inventory is low, with a 1.6 months
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Ever since 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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Investment properties in San Antonio
Every homeowner is an investor.

With home values appreciating in San Antonio, it’s a great time to think about buying so you can start seeing the benefits for yourself.

Even if you never take the extra steps to directly monetize your real estate purchase—like flipping, short term renting, or leasing out your home—at least you’ll start putting more money in your own pocket, as opposed to the pocket of someone else.

"It helps to put homeownership in perspective: If there is a roof over your head, you’re either paying a landlord’s mortgage or you’re investing in your own future."

But real estate investment offers more than just an escape from paying rent.

The Benefits of Investing in San Antonio Real Estate

Passive Income

There are sides to

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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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Austin Texas City Skyline

Well, that's a wrap for 2019! And what a year it's been!

The red-hot Austin real estate market continues upward through the last months of the decade. Demand is higher than ever, with median house prices continuing to grow as inventory levels remain low. It's still a seller's market out there, so if you've got a property you are considering listing, market factors are definitely favorable.

Let's recap a few key market stats for 2019:

  • 33,847 units were sold in total
  • The median price of a home in Austin is $312,800, up 2.7%
  • Total inventory sits at 6,522 units, down 14%
  • Demand is up 6%, with a low inventory of just 2.1 months

Take a look at our infographic below for full details!

Want to learn more about buying or selling…
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Quaint towns near Austin
Looking for the entertainment value of a city like Austin with the quaint living environment of small rural town?

While there are many small towns around ATX that can give you the best of both worlds, we’re highlighting four here that fit the bill:

Lockhart

Population: 13,700

Distance to Austin: 33 miles

Noted for its particularly beautiful Victorian architecture, Lockhart is an old railroad cotton town that has since become known as a popular filming location for Hollywood movies.

Unofficially known as “The BBQ Capital of Texas” for its four famous eateries, Austinites were often known to spend the day here organized around delicious meat consumption before Austin became known as a barbecue town in its own right.

Find A Great

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A beginners guide to investing in Austin Real Estate

Are you considering buying an investment property in fast-growing Austin?

If you’ve ever owned a home before, you know that real estate transactions require a great deal of due diligence (and retaining a knowledgeable agent helps a lot).

Yet, investment properties offer unique benefits that might not be as readily available from other investment forms like stocks, including:

1) Steady Income

Unless you purchase a stock with a regular dividend-yield, you won’t see any income from that investment until you sell the stock and collect the appreciation.

With rental real estate, purchasing a property for a monthly cost less than what you can ask in rent produces a positive cash flow differential each month that goes into your pocket.

2)

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happy Central Texas home owners - father and a young child

Search Home Tips To Help With Your 2019 Resolution

1. Eating Healthily

2. Spending Time With Family

3. Saving Money

4. Stop Procrastinating

5. Keeping Organized

The fireworks have burst into the sky to welcome the New Year, and the Christmas decorations are coming down. Most of us are returning to work after vacation.

As you return home from holiday travels or finish the last of that leftover turkey, it’s time to mull over what you hope to create in 2020. As a Texan, your dreams can be as large as the state itself.

New Year’s resolutions are easiest to fulfill when your home fosters an environment that pushes you toward those goals. Here are some ways to prepare your home for making the most of 2020:

1. Robust kitchen =

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