As with communities across the nation and world, real estate markets throughout the central-south Texas region have been affected by the coronavirus pandemic, but real estate experts are already pointing to what they see as promising signs that the Austin and San Antonio metro areas are well-positioned to withstand the impacts of the crisis.
An uptick in activity over the past few weeks, coupled with record-low mortgage rates have many feeling optimistic that our markets will emerge from a downturn sooner than later. With warmer weather, businesses reopening, and many people’s desire to relocate to our region all contributing to increased activity, the hope is that local real estate will soon return to its pre-pandemic highs.
Thank you for checking out the latest edition of the JB Goodwin Austin real estate market report for March 2020. We've got plenty of great information direct from the local Austin MLS® and our team of experienced agents.
The trend of lowering inventory continues into March as Austin home owners continue to be hesitant to list their homes. Of course, this isn't surprising given the current international crisis.
Despite the uneasy feeling in the marketplace, Austin home values continue to grow, as do sales. It's actually a great time to sell - declining supply and steady demand means that homes are still selling quickly. JB Goodwin's agents as well other real esate agents across the city have gotten creative in order to be able to show homes and…
Welcome to the latest edition of the JB Goodwin Austin real estate market report for February 2020. We've pulled data from the local Austin MLS® and the experience of our agents to bring this information to you!
Despite an uncertain climate, the Austin real estate market continues to charge ahead. Total units sold are up 8.3% over last year and the median price has remained level. Demand remains high, especially as inventory levels dip, sitting at 29% below last year's level.
The Austin real estate market is still active and it's a great time to sell - lower inventory levels are sure to make your property that much more attractive to potential buyers. And buyers, lending rates are low and real estate is a great, stable investment. Think about…
Austin and San Antonio are only an hour apart from each other, but they seem worlds away.
Over the past several years, Austin has gained a reputation of being the new Silicon Valley for its thriving tech opportunities.
Tech workers have been flocking to the city from across the nation for its top-rated career industry.
And while Austin has taken the spotlight, San Antonio has been in the shadows.
But all of this has changed.
On January 9th, real estate website, Zillow, released an updated list of the top 10 up-and-coming tech markets in the country.
San Antonio ranked 6th, while the long reigning city of Austin ranked 8th.
For many, it comes as no surprise that San Antonio is near the top of the list!
Here’s what makes San Antonio…
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:
If you’ve spent any time searching the Austin real estate market, you’ve probably come across KB Homes. This homebuilding company…
The JB Goodwin team is proud to announce that JBGoodwin.com has been awarded the Website Quality Certification (WQC) from Leading Real Estate Companies of the World®.
The certificate recognizes JBGoodwin.com's excellence in the areas of website design, content and functionality. We're happy to report that our website received especially high marks in a wide range of important areas related to website performance. This includes:
- Customer service
- Mobile responsiveness
The measurement criteria for WQC changes each year to reflect only the most current online marketing strategies and ever-changing consumer preferences. In order to maintain certification, companies must be re-certified every…
The JBGoodwin REALTORS® family is proud to announce the 10th Anniversary of the opening of our San Antonio Division.
Founded in 2010 by CEO/Broker J.B. Goodwin and the late Reagan Greer, our San Antonio Division has enjoyed tremendous success during its first decade in the Alamo City, and today is among the top 10 real estate brokerages in the city.
Along with its rapid growth, the JBGoodwin San Antonio Division has also sealed its reputation as one of the city’s most well-respected work cultures. Named a San Antonio Express-News Top Workplaces recipient the past eight consecutive years, the division was most recently awarded the top spot in its category for 2019.
Early in 2020, our San Antonio Division further expanded its central/south…
It’s impossible to deny that San Antonio is an amazing city.
It’s filled with colorful buildings, top-rated restaurants, and cultural events, making it one of the top visited cities in the United States.
Every year, over 37 million people come to visit this beautiful city we call home.
And although visitors come for the majesty of the city, they stay for the incredible lifestyle.
Over the past several years, San Antonio has seen a steady increase in population, meaning more and more homes have been needed.
As a result, plenty of new construction homes have been popping up in and around the city, and have been impressing homebuyers of all types.
But if you're looking for the best of the best, here are the top four home builders to look…
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