Austin Real Estate

Found 194 blog entries about Austin Real Estate.



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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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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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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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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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!

jb goodwin austin leasing stats for march 2019

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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!

austin mls sold comparison - February 2019

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Hot off the press! Get up to date with what's going on with the Austin real estate market direct from the MLS®, courtesy of your friends at JB Goodwin!

There are some signs that the market may be slowing down slightly. Total units sold and median home values have remained level compared to 2018, even as inventory has grown by over 1000 units. That's an increase of 19%! Despite this increase, inventory still remains low when compared to the early part of the decade, with a supply of just 2.3 months.

Here are a few key stats to look out for:

  • Demand remains level
  • The median price of homes sold 1 month into the year is $294,000
  • 1,797 units were sold in January throughout the city of Austin
Have more questions about the Austin
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pros & cons of buying a new construction home in texas

As you enter the central Texas real estate market, there are many types of homes to consider. It may be helpful to narrow your search by asking simple either/or style questions:

One or two story? House or duplex? Close to downtown or remote?

You also might ask: Should I buy a new construction home or one that’s been lived in before?

There are wonderful benefits to buying a new or used home in Central Texas. For today’s article, we’ll investigate the pros and cons of buying a new construction home. By default, this article will also tell you about some of the benefits of buying used homes as well.

We hope this is helpful as you enter the Texas real estate market.

Without further ado:

The Pros of Buying a New Construction Home

Many

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