New construction homebuilders in Austin, Texas
Austin is an ever changing city.

Over the past several years, it’s seen large changes—not only in its career industries, but in its real estate.

The Austin skyline has been growing as new buildings and skyscrapers are reaching new limits and breaking old records.

But large-scale buildings aren’t the only new things to hit the Austin real estate market.

More and more residential homes have been popping up in and around the city, making room for a growing population.

Although there are countless homebuilding companies around Austin, here are five home builders to look out for in the upcoming years:

KB Homes

If you’ve spent any time searching the Austin real estate market, you’ve probably come across KB Homes. This homebuilding company…

3194 Views, 0 Comments

Read Full Post

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…

720 Views, 0 Comments

Read Full Post

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,…

40577 Views, 3 Comments

Read Full Post

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…

7533 Views, 0 Comments

Read Full Post

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)…

2669 Views, 0 Comments

Read Full Post

We're nearing the end of a prosperous year here in Austin. It's a great time to check in on the status of the local Austin real estate market! We invite you to take a look at the real estate market report for November 2019, courtesy of the professionals at JB Goodwin and the Austin MLS®.

11 months into the year, the Austin market has seen a total of 33,847 units sold, a 6% increase over last year's numbers. Median home prices hold steady compared to last months, but are up 2.5% compared to last year.

Unsurprisingly, demand continues to rise, up 6% over last year. As a result of a huge demand, supply continues to dwindle, down 14% with just 2.1 months supply.

To recap, the Austin real estate market continues to boom. Without a doubt, it's a…

863 Views, 0 Comments

Read Full Post

Welcome to the JB Goodwin real estate market report for October 2019, pulling information from the Austin MLS® and our team of experienced local agents!

The growth of Austin's median real estate values continues its upward trajectory. 10 months into the year, the median price of a home in Austin is $313.000, a 3% increase over last year. With values increasing, inventory has not been able to keep pace - it's down 12% compared to this time last year. Inventory levels remain at a low 2.4 months supply.

As a result of these market trends, demand continues to be high, up 5% compared to last year!

It's a great time to sell.

Want to learn more about buying or selling a home in Austin? Talk to one of our expert agents at JB Goodwin who are…

1330 Views, 0 Comments

Read Full Post

Austin, Texas - State Capitol Building

While the summer selling season has ended for most housing markets, the Austin Board of REALTORS® latest Central Texas Housing Market Report shows a double-digit percent increase in Austin home sales, which continue to outpace inventory and drive up home prices.

The median price of a single-family home in the city of Austin rose 11.9% this month to $406,000––an all-time high for any September on record.
Source: Austin Board of REALTORS®

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 help!

958 Views, 0 Comments

Read Full Post

McKinney Falls in Austin, TX 

Hot off the press. Read up on the latest from the Austin real estate market with our August 2019 report, courtesy of your friends at JB Goodwin REALTORS®.

The median price of homes continues its upward climb, up 2% compared to the same time period last year. Inventory remains quite low, down 8%, or 750 units, compared to 2018.

The Austin real estate market is still performing strongly moving into the second half of 2019. It's a fantastic time to sell with a high demand and low inventory overall.

Key stats to look out for:

  • Median home price: $301, 500
  • Available inventory: 8,076 units
  • Level inventory at a 2.7 month's supply
Want to learn more about buying or selling a home in Austin? Talk to one of our expert agents at JB…

1246 Views, 0 Comments

Read Full Post

Austin, TX condos for rent in downtown

If you’re wondering about what’s been happening in Austin’s real estate market this September, here’s an update on the leasing statistics from the local MLS® and all our agents here at JB Goodwin.

Had trouble finding a rental unit back in August? Unfortunately, September doesn’t bring any better news. The total number of home leases on the market has dropped 2% from last month and a whopping 18% from September 2018.

Other noteworthy leasing statistics for this month include:

  • Total leases are level
  • Single-family homes for lease are down 19%
  • Median price per square foot is level

Interested in buying or selling your Austin home? Reach out to one of our local agents who can give you expert advice!

1249 Views, 0 Comments

Read Full Post