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A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of people concerned about a housing market crash. But it’s not going to happen in 2021 and likely not in 2022…and here’s why!
1. Housing demand has recovered faster than supply.
3. Total active inventory or homes for sale on the market remains 52 percent below this time last year.
In simple terms, and especially here in Austin, the buyers outnumber the houses available for purchase. The strong demand is driving prices up! Now sellers, seeing dollar signs, are feeling a little more encouraged to get into the market and we’re finally seeing a little more inventory hit the market. With new companies relocating to Austin and many people making discretionary moves to the area, the demand side is likely to stay strong pushing the BOOM well into 2022 and beyond.
So go ahead, jump into the market! I can help!
It doesn’t happen by accident! You can count on Courtney’s in-depth local knowledge, deep relationships and industry expertise to give you a competitive edge when it matters most.
SOLD | 300 BOWIE #3802
1704 sq ft. | 3 bed | 3 bath
SOLD | 1607 Ravey Street
South Austin chic! This exceptional property is truly one-of-a-kind! It features a a large light-filled study, beautiful gourmet kitchen with a Thermador six- burner professional range that opens to a spacious living area. Hardwood floors, stained concrete, custom lighting, built-in’s. MULTIPLE OFFERS! OVER LIST!
UNDER CONTRACT | 908 NUECES #13
907 sq ft. | 2 bed | 1 bath
Expertly designed, single-level plan w/ open living space, large master, separate study/bed. Gourmet kitchen, stainless appliances, modern fixtures & designer selections. Austin’s most vibrant location- exciting home for residents drawn to the city’s lively culture. Celia’s Court is just 4 stories w/ charming courtyard. Offered at $450,000.
You’ve found your piece of the Texas Hill Country! 2.3 gorgeous acres with an inground pool and spa, covered back patio and even a barn…all within 15 minutes of downtown Austin! Incredible location -5 minutes to Circle C area Starbucks, restaurants & HEB. List Price $959,000 MULTIPLE OFFERS! OVER LIST
UNDER CONTRACT | 1607 Singleton Ave
Here’s your chance to invest in the Chestnut area of East Austin. This is a .139 acre lot with alley access that is already generating rent of $4K/mo. from three units. Fantastic location, with close proximity to downtown. We had a ton of interest and a total of 10 offers submitted. List Price $600,000 MULTIPLE OFFERS! OVER LIST!
Howard Ranch | 3417 sq ft. | 4 bed
Gorgeous European contemporary with impeccable details and captivating architecture, highlighted by Spanish castle rubble rock details. High ceilings, cedar wrapped beams, gorgeous market windows and plenty of natural ight define each well-appointed space. Luxurious kitchen with spectacular Sandulus Quartzite and Carino Quartz countertops. Offered at $1.595 M
COMING SOON | ELLIOTT RANCH
3602 sq ft, 4 bed, 3.5 bath, 2.24 acres
Absolutely STUNNING!!! This one is not to be missed! Beautifully manicured 2.24 acre oasis with pool, cabana and plenty of wildlife. Beautiful landscaping, covered porches! Gourmet kitchen, subzero fridge, open layout, master down, dedicated study and game room! Offered at $1.2M
COMNG SOON | PLUM CREEK
701 sq ft, 3 bed, 2 bath | 1 story
This is the perfect starter home or investment property in Kyle. Owners have recently replaced HVAC and water heaters and added granite countertop surfaces in the kitchen and bathrooms. It’s ready for you! Offered at $290.000
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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.