Real Estate Archives - Urban to Suburban

Good news for homebuyers in Central Texas: median home prices had the largest drop since July 2011, according to a new report.

February 20, 2023

Source: Austin Board of REALTORS®, U.S. News CENTRAL, Texas — Good news for homebuyers in Central Texas: median home prices had the largest drop…

The Bidding Wars Have Subdued

January 18, 2023

Bidding wars have subdued as homes on average sold for only less than the original listing price in 2022, but as we head into what is normally a seasonal peak for sales, today will still be the most cost-effective time to buy a house. It is important to remember that we still have a desirable and sought-after market, it is just that now we are seeing our market return to a more normal level of high demand and activity than what we experienced in the years leading up to the COVID pandemic and subsequent boom in our market.”

November 2022 Austin Area Housing Report

December 16, 2022

While housing inventory almost quadrupled to 3.1 months of inventory year over year for the Austin-Round Rock MSA and City of Austin, there is still a long way to go before a balanced market with six months of inventory is available.

Austin Housing Report for May 2022

July 9, 2022

Active listings in Austin swelled by nearly 150% May 2021-2022 as the region begins to recover from the “dangerously low” housing inventory of the pandemic housing frenzy, according to the latest Austin Board of Realtors report.

2021 Austin-Round Rock Housing Market Report

February 4, 2022

AUSTIN, Texas – According to the December 2021 and Year-End Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), more homes were sold in the Austin-Round Rock MSA in 2021 than ever before, with residential home sales rising 2.5% year over year to 41,316 homes sold last year.

Burnet County Housing Report for November 2021

December 28, 2021

In Burnet County, the median price is $390,000, that’s up 27.9 YoY. There were only 85 closed sales, that’s down -2.3% YoY. There were only 171 active listings, that’s down -12.31% YoY. Burnet County is experiencing a seller’s market with only 1.8 months of inventory, down -0.5 YoY.

Bell County Housing Report for November 2021

December 28, 2021

n Bell County, the median price is $245,000, that’s up 20.1% YoY. There were 567 closed sales, that’s up 18.1% YoY. There were only 330 active listings, that’s down 12.0% YoY. Bell County is experiencing a seller’s market with only 0.6 month’s of inventory.

Tips on Manufactured Housing Financing with Acreage

September 7, 2021

If you yearn for 2 acres or 200 acres, chickens, and pole barn but you don’t want to spend $500,000 or more a manufactured home property maybe your best option. We all have heard the bad jokes about ‘trailers, double-wide, mobile (make that 3 syllables) homes’ but manufactured housing has come a long way.

Preparing to Buy Your First Home

August 27, 2021

Buying your first home can be super confusing to most people. The internet is a tremendous resource for information, but often it can lead to more confusion than clarity when trying to educate yourself and prepare for your first home purchase. So where should you start and what should you do to better prepare yourself?

Homes Sales Increased by 21.6%

August 1, 2021

In the City of Austin, home sales in the first half of the year increased 21.6% year over year to 6,467 sales, while the median price increased 30.9% to $530,000.