Real Estate Advice

Found 88 blog entries about Real Estate Advice.

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

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San Antonio is one of the most populous cities in the United States and home to some of the most luxurious houses and condos in Texas.

San Antonio contains some of Texas’ most famous attractions--the Botanical Gardens, Natural Bridge Caverns, Pearl District, Six Flags, the Alamo, and the Riverwalk, just to name a few.

The city is also home to world-class cuisine. Local restaurants and breweries are loved by residents and visitors alike.

It is home to some of the most popular golf courses and country clubs in Texas, including some that are even alongside affluent San Antonio luxury homes.

If you are in the market for luxurious San Antonio real estate, here are 5 neighborhoods worth your attention:

The Dominion

This master-planned

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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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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
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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…
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homes in San Antonio

According to 2016 census data, San Antonio is the 7th largest city in the United States in terms of population. San Antonio has many of the characteristics that people love about big cities: diverse cuisine, interesting businesses, culture, and fun activities to do and places to explore.

But San Antonio stands out from other major cities because of one unusual big-city quality: its affordability. The city has a low cost of living, which enables more middle-income families to enjoy the homes and lifestyles that might be way out of their budget for a comparable property in another place.

Bestplaces.net is a website that compares the cost of living in cities across the United States. Its data reflects costs of transportation, healthcare, food, and other…
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JBGoodwin team crunching Austin real estate statistics

The JBGoodwin Team Does It Again...

JB Goodwin successfully gets homes leased faster than the MLS again for another month as demand remains level and the supply of properties in Austin gains nearly 500 more properties over 2017’s numbers.

Take a look at some of the key statistics below:

  • The total number of properties for lease is up a dramatic 20% over 2017.
  • The total number of leases closed however dropped three percent, which means that it could be more difficult for prospective landlords to lease their property out as quickly as the past.
  • There are 27% more single-family detached homes that are available for lease than there was in February 2017.
  • The price per square foot for apartments and other properties dropped 6 cents per
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Millennial Home Buyers

Compared to previous generations, millennials have been cautious to enter the real estate market. Coming of age right at the most spectacular housing boom and bust in modern history—the 2008 Recession—made for a generation of observant and media-savvy homebuyers. But the tide is finally turning.

Based on recent data from Nationwide Mortgages, 66.1% of Millennials' report that they plan to buy a home in the next 5 years. Are you ready for this dynamic demographic of homebuyer?

It’s good news for the real estate world that 65.3% of millennials associate home buying with achieving the American Dream. That’s more than any other generation! Millennials put a high personal value in achieving the milestone of buying a home—precisely because it is harder

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happy Central Texas home owners - father and a young child

Search Home Tips To Help With Your 2018 Resolution

1. Eating Healthily

2. Spending Time With Family

3. Saving Money

4. Stop Procrastinating

5. Keeping Organized

The fireworks have burst into the sky to welcome the New Year, and the Christmas decorations are coming down. Most of us are returning to work after vacation.

As you return home from holiday travels or finish the last of that leftover turkey, it’s time to mull over what you hope to create in 2018. As a Texan, your dreams can be as large as the state itself.

New Year’s resolutions are easiest to fulfill when your home fosters an environment that pushes you toward those goals. Here are some ways to prepare your home for making the most of 2018:

1. Robust kitchen =

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Why Move to Texas?

Texas has become one of the most popular places for relocation in the United States, according to The Fiscal Times. Our state is home to sprawling cities, temperate weather, and an ethos that is still punctuated by the independence and adventure of Louis L’Amour novels and John Wayne films.

On their way to their new Texas homes, families drive through the dips and winds of the Texas Hill Country, passing horses and farms, city lights and towers. Texas is still a place where independence and new beginnings draw families from across the country to experience fresh starts that are filled with adventure.

No matter the city you choose, finding a new home in Texas is thrilling. It also comes with a handful of challenges.

We

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