Austin Real Estate

Found 170 blog entries about Austin Real Estate.

What will change about buying and selling homes within the next year, two years, or five?

Predicting the future of any industry isn’t easy. Fortunately, real estate generally offers more accessible and reliable data than other industries to use when making forecasts. That means making reasonable predictions about the not-so-distant future isn’t a complete shot in the dark.

Consider the Austin, Texas market as an example. We know that the U.S. government tracks population growth through periodic censuses. This decade to decade population data shows that Austin’s population usually grows by more than 20% every decade, with the single exception being the 1920s (16.8% growth). Someone could use such data to reasonably predict that this trend will

247 Views, 0 Comments

 

Austin’s popularity seems to grow every day. Whether it’s our food, nature trails, career opportunities, or local music, Austin boasts a magnetism that’s impossible to deny.

In fact, U.S. News announced recently that Austin is the number 1 place to live in 2018!

Since over 62,000 new residents are expected to move to the city just in 2018, the rest of the country seems to agree with U.S. News’ conclusion.

As many might suspect, all our popularity puts Austin real estate in high--and growing--demand. Austin homes appreciated by 7.2% over the course of the last year.

If you’re in the market to invest in Austin real estate, here are some hot locations you might consider:

Central East Austin

Living in Central East Austin means calling

553 Views, 0 Comments

The process of buying your first home brings with it a handful of new terms and phrases to learn.

By researching or asking your Austin or San Antonio real estate agent what each new term means, you can set yourself up for success and achieve a more informed understanding of the home buying and selling process.

Among the many words you may soon encounter, “escrow” is one you’ll want to know. While the term is used across a handful of financial industries, this article will solely define escrow in relation to the real estate industry.

What Does Escrow Mean?

When a person refers to money (or something else of high value) as being “in escrow”, they mean that their value-item is being held by an unbiased third party to ensure a fair transaction

544 Views, 0 Comments

austin real estate market statistics

Hot off the press! The March 2018 real estate statistics for Austin are in!

The median house price has now surpassed 2017 totals, with total units sold up 7.7% compared to last year. Inventory, while remaining quite low, has increased to 2.2 months from 2.0 months compared to February's stats.

The real estate market in Austin continues to take off with home values soaring to new heights.

Market highlights:

  • Total units sold are up 3%
  • Total inventory is down 2.8% compared to last year
  • Over 7000 units have been sold since the beginning of 2018!


391 Views, 0 Comments



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

681 Views, 0 Comments

jb goodwin austin real estate agent analyzing stats

The results are in! Let's take a look at the February 2018 real estate statistics for Austin.

After some gains over last month, the average cost of sold homes still lags behind 2017, with $291,000 compared to $293,200. Inventory continues to hold steady at a low 2 months of available inventory.

We are only two months into the year and the trend of continued median home prices is sure to continue.

Other highlights:

  • Total units sold is up 2% from 2017
  • 6% more units were sold in February, compared to 2017
  • Inventory is down 1%, compared to February 2017
490 Views, 0 Comments



“A dollar saved is a dollar earned,” wrote Benjamin Franklin. On the surface, Franklin’s famous adage offers simple advice: frugality is a form of financial investment.

But go just a little deeper, and the saying encourages us to discern between good discounts and misleading ones. Whatever the venture, an investor owes it to him or herself to take all risks into honest consideration before putting any money on the table.

Real estate is one of the most common forms of investment. It can be done through several methods, including buy-and-hold, property leasing, and house-flipping, among others. In recent years, shows like Fixer Upper on HGTV have popularized house flipping. This method involves purchasing a (low-cost) foreclosed property, performing all

611 Views, 0 Comments

The JBGoodwin team perusing over the Austin real estate MLS statistics

January 2018 real estate statistics for Austin are in. It looks like Austin can expect continued real estate appreciation, despite a few dips in average home sale costs from the same month last year.

The average cost of sold homes in January dropped from $293,200 in 2017 to $289,500 this year. However, December 2017 sales were up 11% from the previous year, emphasizing the continued average growth of home values in the area.

Other highlights:

  • Inventory is up 3% from last January
  • Total units sold is up 9% from last year
  • Inventory is still down from 2010's supply highs

Want to learn more about the Austin real estate market? Get in touch with the JB Goodwin team today!

Austin Real Estate MLS Statistics by JBGoodwin
530 Views, 0 Comments


Austin regularly competes for the top spot in national polls. It has become one of the most talked-about cities in the country, and for good reason!

Between its local support for entrepreneurs, employment and educational opportunities, world-class cuisine, and overall day to day fun, there are few cities that compare to the quality of life in Austin.

With so much to talk about, it’s no surprise that the city is also a notable place for adding some character to your Instagram feed.

There are some cities where looking like a tourist just comes second-nature. With so many great spots to snap an artistic photo, Austin is one of those places. #NoFilter

If you’re new to the area, or just looking for some awesome places for your Insta-feed, here are a few…
439 Views, 0 Comments


You finally found the perfect Central Texas home.

The house checks all your boxes: it is the right style and size, has an entertaining kitchen, and even boasts an awesome master bedroom. To make things even better, your offer was accepted by the homeowner. Congratulations!

You’re one step closer to owning your first home.

The next step in your home buying journey is the home inspection. The job of a home inspector is to provide interested homebuyers an unbiased report about the utility and safety of the home they are preparing to purchase.

While a home inspection is not required, it is highly recommended. A home inspector gives you the chance to understand a property through the trained scrutiny of someone whose job it is to notice problems, risks, and…
602 Views, 0 Comments

Subscribe for Listing Updates Now