JBGoodwin REALTORS® - Austin & San Antonio Real Estate Blog


GOOOAAALLLLLLLLLLLLLLLL!!!

Lucky Austin residents will soon be able to experience the city’s first major team sports franchise, the Austin FC of Major League Soccer.

While no launch date has yet been set, construction was recently approved for the 24-acre, $240 million dollar mixed-use project at McKalla Place in North Austin.

So what does this mean for homebuyers and investors targeting the Domain and surrounding vicinity?

Rising prices.

“Those areas are increasing in value pretty rapidly,” according to Austin real estate agent John Martin, as quoted in The Statesman. “The ripple effects are going to be huge.”

Overall, the city of Austin just recently set a new monthly record for both the number of homes sold and the median price.

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Central Texas home prices in July 2019
The Austin Board of REALTORS® recently reported that Austin-area home sales and the median prices for those homes both hit all-time highs in July.

That July record also extended to the number of sales and the median home-sales price inside the Austin city limits.

According to ABoR’s monthly housing report, a total of 3,439 homes were sold in July across the five county area. That number represented an 11.7% increase over July 2018′s sales volume. The median price for those homes enjoyed a record increase of 3.2% to $310,500.

Buddy Schilling, Austin Division President at JBGoodwin REALTORS® adds, “The Austin market is on pace for another record sales year. Jobs, jobs, jobs and population growth are driving the economy. Austin is a great investment

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Austin real estate
Here’s the Austin MLS Sold Comparison chart from July 2007 to July 2019 brought to you by Austin MLS® and yours truly.

Austin's real estate market has slowed a bit, but it's still an amazing place to sell with a striking rise in home prices. As of July 2019, the median home price in Austin was $310,500, which is already up 2% from last year.

Even though it’s more expensive than ever to buy a home, they’re selling fast. In fact, there’s a 4% increase in units sold compared to 2018.

Here are other important statistics to pay attention to:

  • Inventory has decreased 4%
  • Demand has increased 4%
Want to learn more about buying or selling a home in Austin? Talk to one of our expert agents at JB Goodwin who are always happy to…
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Summer is winding down right now for much of the country… But not for Central Texas!

Thanks to that Southwest heat, there’s still time to get in a few more summer-only activities before the cooler fall weather sets in.

Here’s our list of summer musts to sneak in before all the beverage menus in Central Texas start to include pumpkin spice:

Float the River in New Braunfels

Bring your own tubes or rent ones from a local company and float down the Guadalupe River at your own pace!

The river can get quite crowded during the hottest months, but visitation thins out towards the end of the season.

Click here for more

Schlitterbahn Waterpark in New Braunfels

If you have small children or river floating just isn’t your thing, bring your

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Here’s an update on Austin’s leasing statistics for August 2019 from the local MLS® and everyone here at JB Goodwin Realtors.

Summertime is usually a busy month for rentals, and this August is no exception. As more and more renters are looking for places, supply in Austin is lessening. Although the demand for rentals is higher than August of last year, the total leases have dropped 16%.

Other key statistics for this month’s leasing report include:

  • Total leases are up 2%
  • Total home leases are up 2%
  • Median prices are level
  • Single family homes leases are down 16%

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Austin real estate market update, July 2019

Welcome to the latest Austin real estate market update from the local MLS®, courtesy of your friends at JB Goodwin REALTORS®.

The city of Austin is still a red-hot housing market, but signs are continuing to point to a slight cooling off. Total units sold for the year stand at 17,988 units, an increase of 3% compared to last year - inventory, however, has also dropped by 3%.

The median price of homes continues to rise with a 2% uptick!

Key stats to look out for:

  • Inventory across Austin remains low at just 2.7 months
  • Demand continues to rise, with a 3% increase overall 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…
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Would you like your house to be the coolest on the block without feeling like you’re donating your paycheck to the local utilities company?

Then read on as we cover some tips and tricks to lower your home air-conditioning bill during the blazing Texas summer!

Let’s start with the lowest-cost, fastest options first:

1. Keep the Blinds Closed

Did you know closing the blinds can save you up to 7% on your electric bill and lower temperatures in your home by up to 20 degrees, according to website Family Handyman?

While you’ve probably felt the difference this makes at some point in your life, it’s nice to know what kind of return you can expect for your efforts here! For added savings, install neutral-colored blackout curtains to the south- and

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On the heels of another record-setting year for real estate sales in 2018, San Antonio looks poised for continued – if slowing – expansion due to job growth and affordable home options.

Let’s run down what the experts are forecasting for the Alamo City as we approach 2020:

San Antonio Express News: "Not Enough SALT In High-Value Markets – Homeowners in high-dollar, high-tax markets will feel the effects of the late 2017 tax bill that limits deductions on state and local taxes (SALT) to $10,000 – a number easy to surpass in property taxes in some markets. Buyers in high-end markets may face regrets when tax time arrives."

San Antonio Board of Realtors [via CultureMap.com]: "Though the numbers are climbing, SABOR says this shouldn't dissuade

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Austin, Texas real estate

Take a look at the leasing statistics for July 2019 brought to you by the Austin MLS® - courtesy of the JB Goodwin Team.

This month brings good news for renters! Although the overall supply of rentals is still down from 2018, the number of units available have doubled since May 2019. Austin’s competitive market has certainly eased up this month with the demand for rentals down 2%.

Here are the key statistics for this month’s leasing report:

  • Total leases are down 2%
  • Total home leases are down 2%
  • Median prices are level
  • Single-family home leases are down 12%
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the best austin suburbs for raising a family

Raising a family in Austin can be a wonderful experience. The city offers great career opportunities, reputable schools and universities, exciting year-round events for all ages, and easy access to beautiful Texas nature.

Once you’ve decided Austin is where you want to live, how do you choose the right neighborhood for your family?

Fortunately, Austin is a very family-friendly place. It’s not hard to find safe, pleasant communities with access to fun experiences and daily amenities. So when it comes to choosing which part of town to settle down in, you can really just start with your preferences:

What part of town do you want to live in?

How close do you want to be to downtown Austin?

How close do you want to be to work?

What is my

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