JBGoodwin REALTORS® - Austin & San Antonio Real Estate Blog - Austin Real Estate

Central Texas Home Sale and Median Price See July Records

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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7 Tricks for Keeping Your Home Cool This Summer

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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Austin Real Estate MLS Leasing Statistics - July 2019

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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Austin Real Estate MLS Statistics - May 2019

Hot off the press! Read up on the latest happenings in Austin's charged real estate market courtesy of your friends at JB Goodwin! We've collected the latest statistics directly from the Austin MLS® - we've the done homework so you don't have to.

Signs point toward a bit of cooling of Austin's red hot housing market. Both median home prices and inventory remain level compared to 2018 figures. Total units sold are still up - 4% over May 2018.

Key Stats to Look Out For:

• Inventory remains low at a mere 2.6 months supply
• Demand continues to climb, up 4% compared to last year

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5 Green Energy Home Trends for 2019

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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Austin Real Estate MLS Leasing Statistics - May 2019

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%

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Austin Real Estate MLS Leasing Statistics - April 2019

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%

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Austin New Construction Developments You Should Know About

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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Austin Real Estate MLS Leasing Statistics - March 2019

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.

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