Are you looking for the perfect lot for building your dream home?
How about a 3 acre waterfront lot on Lake Travis? (Still waterfront despite the current drought!)
...or how about 5 acres with a panoramic view of the Texas Hill Country and Lake Travis?
Both have water and electricity and are in great locations near Austin, TX, close to anything you need while maintaining peace and privacy.
Give me a call or leave a comment to find out more!
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You know how a roller coaster is pretty much always going up or down? Well, it's the same with the real estate market. It's always either going up in favor of sellers or down in favor of buyers. For a brief moment, it is balanced between the two.
For the past year or so, Austin's sellers have enjoyed the hottest seller's market ever. There was so little inventory that, in some neighborhoods, they barely had to do more than clean the toilets and there would be a line of buyers outside their door. And the list price was just the starting bid.
Buyers struggled to move fast enough or bid high enough to secure a home for themselves. Many just gave up.
But they have reason to hope! It appears we have reached the highest point on this coaster and are headed back downhill.
The chart below, provided by Texas National Title, provides the proof...
1.Inventory is rising in all three counties in the Austin area.
2. Closings are up a little in Travis County but down in Williamson and Hays. These would be properties that went under contract in May, when interest rates were still pretty low, inventory started picking up, gas was affordable, etc.
3. Pendings (contracts) went down last week in all counties, despite more listings. Buyers can get picky and take their time again.
4. Price decreases ramped up in all three counties. The reality of the new market is hitting sellers and their agents.
5. Expireds and withdrawns are picking up, especially in Travis County. These are most likely sellers who decided they could and would stay put if they couldn't get a huge profit for their property. Or they may have blamed their Realtor and fired them, hoping someone else could 'get the job done'.
Unfortunately, neither sellers nor their agents really determine the price for a property. The market does. In this kind of market, a Realtor looks at the numbers/rates/trends for similar homes, especially the competition, and helps the seller come up with a price that doesn't 'sell' the other homes.
Buyers are savvy. If they can find what they need for less, why would they pay more? And with days on market increasing, they can look around a little more.
What can a seller do? Well, properties are still selling. There are still buyers. They just have to forget the past and accept that this is a new market. A sale will occur when the three points of the triangle - Price, Location, and Condition - are met. Since location is fixed, the other two have to adjust accordingly.
The good news? They will have a better chance of buying the property of their new dreams.
As always, contact me with any questions or if I can help you, or someone you know, with a real estate need. I appreciate your referrals!
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On a hill overlooking FM 1431, the main artery running along the northshore of Lake Travis from Round Rock to Marble Falls and beyond, there are 18+ acres waiting for a business that needs great exposure.
This property sits between Jonestown and Lago Vista near the entrance of The Hollows, a master-planned lakefront/resort community that is booming with new construction right now as buyers flock to the beauty of the Texas Hill Country and Lake Travis.
Lago Vista, Jonestown, and Point Venture - the small towns that for the Northshore of Lake Travis community - have all seen a crazy amount of new construction and demand for housing.
The property has a temporary zoning designation right now, just waiting for the buyer with a vision to let the city of Lago Vista know what they plan to do. Here is more information:
Contact me if you have any questions or would like more information!
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This cute 4 bedroom 2 bath Austin, Texas home in 78753 was originally built in the ’70′s. It recently received a full remodel – new windows, roof, flooring, cabinets, quartz counters… the whole shebang. Between the upgrades, the location, and (finally) at the right listing price, it drew multiple offers, with my clients winning the prize.
The Austin market is hot and inventory in the prime locations is low. If you’ve thought about selling your home, this is a great time to do it! Call me for a free market evaluation.
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“People don’t live in Austin to work, they work to live there.”
~Robert Rodriguez, filmmaker and screenwriter
Real estate is all about location, right?
This cute single story 4 bedroom, 2 bath home in north central Austin's Quail Creek West neighborhood scores big in that department.
It's nestled on a side street away from the main traffic through this established neighborhood, where long-time residents welcome newcomers who want to live in Austin, not just near it.
Whether they want something affordable close to the main arteries of Austin and major shopping areas like the Domain, a shorter commute to work, or just want to be closer to downtown entertainment, this is the place to be.
Built in 1973, this home only had one owner who lovingly maintained it. It has been pre-inspected to rule out any major surprises.
It has received some light upgrades, like fresh paint inside and out, this gorgeous wood laminate that replaced the carpet, and new doors.
There's a refreshing mix of modern and vintage.
In my childhood home, the kitchen was literally the heart of the home - in the very center.
The hub.
And that's how it is in this home, with the rest of the house branching out from the heart... the kitchen.
Awesome built-ins remain, like this breakfast bar.
It's perfect for buyers loving that vintage-Austin look, but it could be easily upgraded, too.
The floor plan has lots of possibilities. It has two living areas inside, plus a large front porch and covered back patio.
Isn't this a great spot for starting the morning, or ending the day?
Contact me for viewing information or more information. MLS#9058202
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As a native Houstonian, with many family members and friends still living there, I've been on edge the past few days as Hurricane/Tropical Storm Harvey meandered along the Texas Gulf Coast, dumping more rain than I could have ever imagined. My heart aches for those who have lost their homes or loved ones, but swells with gratitude at stories of everyday heroes and the unselfishness of so many reaching out to help.
There are many organizations in Austin who are currently gathering donations, and Keller Williams Realty is one of them. We are loading a truck with hopes to drive it to Houston on Friday... or as soon as the roads are clear enough to get there.
If you would like to make a monetary donation, please go to KW Relief. If you have any of the items in the list below, please drop them off at the Keller Williams Realty office at 12515-8 Research Blvd.
Here's what is needed...
- Wheel Barrels
- Large black trashbags
- Gloves for outdoor use
- Facemasks
-Brooms
- Paper towels
- Toilet paper
- Paper plates
- Plastic utensils
- Mops
- Windex
- Rubber gloves
- Water testing kits
- Pet food….dog and cat
- Rubber boots - Walmart + Academy
- 1st aid kits
- Flashlights
- Bleach
- Batteries - ALL sizes
- Blankets
- Shampoo/bodywash
- Soap
- Bugspray
- Toothbrush/tooth paste
- Socks for men and women and children (new please)
- Underwear men/women/children (new please)
- Bottled water
- Ice & Styrofoam Coolers
But there are so many other ways to help. Check these websites for more ideas. I'll add to it as I come upon more, at the risk of duplication. Some of these offer several ideas.
The Coastal Bend Disaster Recovery Group
Beachside Billy's Benefit Weekend
Boy Scouts of America - Harvey Relief Ideas
The Austinot is compiling a list, as well. Many Austin restaurants and businesses are donating proceeds to Harvey relief. Check this link to get more ideas...
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