Courtney Oldham
- Broker Associate, Oldham Group
- 512.809.5495
- 512.575.3644
- [email protected]
⪼ New Year Off and Running ⪻
The Oldham Group brings you Austin news, exciting events, homes for sales and uniquely fun things happening around greater Austin. Feel free to contact us at anytime to be added to our distribution list.
I hope your year is off to a terrific start. Here are few things I’m paying attention to as we navigate the 2023 residential market.
Over the last couple of months we’ve watched interest rates rise to their current 6.5%. While the higher interest rates will increase a buyer’s monthly payment, it’s only one part of the equation.
Sales prices have leveled off and buyers have more leverage than they’ve had in a couple of years. Instead of paying $1.7M for a home listed at $1.5M, it’s likely in today’s market to negotiate a lower price. It has been customary in our market to see sales prices at 96% of list price. After the extreme price acceleration, sellers have a lot more equity and reductions could be even greater.
Even though rates are higher, sale prices are lower which could mean a very similar monthly payment.
Do you want to know when you should list your home? Are you curious about today’s market value for your investment properties?
Give me a call 📱 Courtney 512-809-5495
3408 Stratford Hills Lane
5 BD | 5 FB | 3 HB | 1.23 AC | $5,495,000
Stunning sophistication in Stratford Mountain. This private estate is perfectly positioned on a generous 1.235-acre lot with views of Lake Austin from the spacious second floor balcony. Amazing attention to every detail – exquisite trim work, elegant iron details and resort-like outdoor spaces.
Award-winning Eanes School district just minutes from downtown and Zilker Park.
Listed by: Courtney Oldham, Compass RE
OPEN HOUSE | Sunday 1-3
7 Green Lane
5 BD | 4.5 BA | 6909 SF | .25 AC | $5,995,000
Sitting in Pemberton Heights—a truly special redesign and custom rebuild of an inspirational mid-century modern home that was previously published in Architectural Digest in 1968 by award-winning architect, the renowned Roland Roessner.
Listed by: Kumara Wilcoxon, Kuper Sotheby’s
OPEN HOUSE | Sunday 1-3
2005 Tower Drive
.259 AC LOT | TARRYTOWN | $1,450,00
This is an incredible building opportunity in one of the most desirable neighborhoods in Austin, Tarrytown. It’s located on a walkable street across from Tarrytown Neighborhood Park with convenient access to Mopac. It’s all of lot 53 (.1778 acres) and half of lot 54 (.0814) for a combined .2592 acres. The current duplex structure has an A & B unit to provide rental income while building permitting is in process.
Listed by: Courtney Oldham, Compass RE
Rim Rock View
UNDER CONTRACT
12.96 AC | Unrestricted | ETJ | $2,300,000
Incredible gentleman’s ranch in a private hill country setting. Mature trees, flat building areas, and gorgeous sunsets! Move into the cute guest house while you design and build your dream home! Bring your own builder. No timeframe to start construction.
Fabulous location just 20 minutes to downtown Austin and near popular Fitzhugh Road attractions like Treaty Oak and Jester King. Convenient to Belterra Village.
Listed by: Courtney Oldham, Compass RE
1708 Aborside Drive
UNDER CONTRACT
3 BD | 2 BA | 1708 SF | $415,000
Lovely updates throughout this 2-story home in the desirable Pioneer Hill community. New interior paint, fresh carpet, updated half bath, and new fixtures.
Listed by: Courtney Oldham, Compass RE
2800 Joe DiMaggio Blvd
3 BD | 2 BA | 1820 SF | $435,000
*$5,000 Seller Credit with a full price offer! * 1% PREFERRED LENDER CREDIT * Stunning farmhouse in the heart of Round Rock and nestled in a pocket neighborhood close to Old Settlers Park, Dell Diamond, Kalahari, toll roads and more! This gorgeous home feels like a page out of Magnolia Journal with luxurious designer touches.
Listed by: Courtney Oldham, Compass RE
TRIBEZA’S INTERIOR TOUR
Tribeza’s 8th Annual Interiors Tour is back!
On Sunday, January 22, join hundreds of design fans for a self-guided, self-paced tour showcasing gorgeous homes across the city from some of Austin’s most talented designers, including:
Amity Worrel & Co., Avery Cox Design, Britt Design, Group CG&S Design-Build, Glynis Wood, Interiors House Mill, Design Kopfer Taylor Interiors. MORE
HOUSE OF SAN JOSE
Surrender to the four-on-the-floor feelings of Just Jim and friends in the Courtyard for House of San José.
Starting December 10 and then every third Saturday of the month, escape to the courtyard and dance among the towering bamboo to beats of the house persuasion. Get a taste here.
It’s free to enter, it’s free to dance, it’s free to feel free. See you there from 7 to 10 PM. MORE
ICE RODEO | FOUR SEASONS
Sunday, January 8th | 4:00 PM
Four Seasons Hotel Austin presents Ice
Rodeo. At Ice Rodeo, friends and family can skate on an ice rink overlooking Lady Bird Lake, stay in luxury “cabins,” and see large-scale art installations such as a 30-foot Christmas tree, a gingerbread Airstream trailer, and a star-shaped tunnel of lights. MORE
BRANDON OWEN | WESTERN GALLERY
Western Gallery is very excited to be collaborating with Vaughn Art in Austin to present Brandon Owen’s first major solo show (in person) this February!
Owen (@finallybowen) is making some incredibly compelling pieces that are hitting at a new intersection of street art and western pop art, pushing into new mediums to bring his vision to life. MORE
MORE RESOURCES
AUSTIN AREA MARKET STATS: For those who love a good spreadsheet, here are the latest Austin market stat. NOVEMBER HOUSING REPORT
BUYER GUIDE: It’s not easy buying in a market with rising prices and limited inventory. We can help you through the process. BUYER GUIDE
SELLER GUIDE: How do you make sure you get the most money for your home? From pricing to marketing, we’ll customize a plan to ensure you get the most money for your home. SELLER GUIDE
MORTGAGE: We have several trusted mortgage relationships to help you on your home buying journey. Please reach out to Courtney for the best fit for your needs.
PROPERTY TAX PROTEST: Use a trusted professional, Home Tax Shield to protest your taxes. HERE
CONTRACTORS: Courtney has a list of professionals from electricians and plumbers to pool companies and landscape firms. Let us make a connection! Curated by Courtney
© Compass 2024 | All Rights Reserved by Compass | Made in NYC
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.
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The Oldham Group is a team of real estate agents affiliated with Compass. Compass is a licensed real estate broker and abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
© 2024 The Oldham Group
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