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Homes across the greater Austin area sold at a record pace despite historically low inventory and the lingering coronavirus pandemic. A record-low supply of homes for sale and strong demand from homebuyers combined to push the average price into record territory as well. The high end of the market generated an increase in consumer activity with mid-range homes also selling swiftly.
The importance of being guided by an agent with deep market knowledge and expertise on every street, neighborhood and community is more essential now than ever before.
After outpacing all other large markets by the end of 2020, Austin’s housing market is again expected to be the nation’s hottest in 2021, leading a list of mostly Sun Belt cities expected to continue heating up faster than the nation’s large coastal markets.
The booming Texas destination heads a lineup of sunny and relatively affordable metro areas — Phoenix, Nashville, Tampa and Denver — that are most likely to outperform the nation in home value growth, according to a panel of economists and real estate experts.
Growth and change is exciting and maybe even a little unsettling – the speed of change has been nothing short of phenomenal – cranes fill the sky, there are daily company relocation announcements and crazy high sales prices!
It might seem so overwhelming that you decide to sit out for a bit. However, it probably makes more sense to jump in...SELL, INVEST, MOVE, DIVERSIFY OR SEEK OUT new opportunities. The upside of our market has never been this high and you can CASH IN!
Let’s talk about how you can take advantage of BEST real estate market we’ve EVER seen. Schedule a real estate strategy session below!
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The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.