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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Texas is a goliath state that encompasses more area than many nations. You can start driving from one side of the state, and can continue for 10+ hours to still find yourself looking at Texas cacti, cities, and farms.

Within this vast state, we boast both beaches and mountains, rolling hills and agrarian farmland. We are the home to a diverse breadth of flora and fauna, as well as headquarters to some of the most recognized corporations in the world. It is no surprise, then, that our state has caught some attention.

There are many incentives to living in Texas, and families from across the country have noticed and are responding by moving here. According to data from GenFKD, “The statistics reveal Texas is the new hottest state to live in...”…

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Austin has grown into a sprawling, innovative place. It is a magnet for many young people wanting to jumpstart their careers, raise their kids in a healthy and fun place, and foster an enjoyable lifestyle in one of America’s most popular cities.

With a thriving job market, regular accolades from top media outlets across the country, and rich culture and cuisine, Austin attracts new residents every day from across the country. As some have put it, Austin is where young people go to retire.

Among the many praises Austin receives, it has been recognized as a choice city to invest in real estate. It turns out that year-round temperate weather, great academic institutions, and local incentives for business development can really attract many people…

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Prepping your home for a showing can be a bit surreal. It’s likely that your house has been a home to you and your family for years; saying goodbye can be difficult. As bigger and better things come your way, however, you will need to sell a home and move! At JB Goodwin, we created this checklist to give you a go-to resource as you setup your home for a showing or an open house.

Unfortunately, staging a home is not as simple as vacuuming, making the bed, and putting away the dishes. As we wrote in our article about how to sell quickly in San Antonio, you can’t just spruce for 10 minutes and then hope for the best.

If you want to get top dollar for your property, it will take some work to prep your home—work that will absolutely pay off in the long run.…

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A peculiar housing trend has emerged in Austin and many other cities across the United States in the last few years. The trend disrupts what many thought was an inseparable correlation: high-income families prefer buying homes instead of paying rent. The vast majority of affluent families, until lately, were homeowners. As soon as they had the means to begin building equity in their own home, these individuals took the real estate plunge into home ownership.

But lately, this eons-old trend has diminished substantially. According to data released by Rent Cafe, the trend for high-income households to rent is on the rise.

The number of high-income households who choose to rent has increased by a whopping 217% from 2005 to 2015 across the United…

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Have you ever wondered about the best time of year to buy a home in Central Texas?

It may come as a surprise to many homeowners in Central Texas that there are huge financial advantages to buying or selling during specific months, or seasons, in Central Texas. After all, it’s not like Texans endure harsh winters like those living further north in the United States.

It’s easier to understand why a location with regular, drastic temperature fluctuations sees real estate prices rise and fall significantly throughout a year. Given the choice of buying in the frigid cold of northern winter or during its temperate summer, most families would spend considerably less money for a home if they’re willing to endure house hunting in the cold. Depending on the…

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If you’re shopping for a new home to lease or purchase in Central Texas, you may wonder whether homeowner’s associations are worth your while.

It’s usually easy to educate yourself about what specific HOA communities provide and allow. Before taking the financial plunge, take some time to learn about what Central Texas HOA communities offer.

To some, the benefits of having a quality HOA far outweigh the fees and restrictions. Paying a simple, recurring fee can mean time saved from menial tasks, more fun activities to do around your own community and no obscure-looking houses or fences that are a blight on the surrounding community, spoiling the immaculate beauty of the rest of the neighborhood.

On the other hand, some believe HOA communities…

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It’s that time of year again.

Summer has ended and kids are getting back into their routine of attending classes, adjusting to new teachers, and looking ambitiously into the new school year. For parents, there is the endless cycle of lunch-making, early mornings, shuttling, after-school snacks, and communication with teachers.

Going back to school in Central Texas means preparing for an awesome year of learning, meeting new friends, and working hard to achieve great accomplishments.

To start the new school year off right during these first several weeks of the school year, here are some ways to prepare your kids for success:

1) Refine the routine

Kids respond remarkably well to structure. You might find that setting up new guidelines…

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Conversations about credit shouldn’t make you cringe, even if you have a poor or below average credit score.

When used responsibly, credit is a financial asset that can simplify your life and improve your finances.

There are actionable steps for rebuilding and maintaining a good credit score, and those steps begin with little more than a willingness to learn.

No one establishes a strong credit score passively or overnight. These achievers begin by forming intentional habits and learning the business of credit lending. They use their knowledge to seize the many benefits of credit without falling victim to its potential pitfalls.

This article aims to give you a head start on the road to excellent credit so that you can lay hold of those…

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