📉 Inflation Cooler & Mortgage Rates Lower 💵
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.
On Thursday 11/10, we set a record for single day drop in rates after inflation came in cooler than expected.
Rates for the 30 year fixed closed at 6.62% which was a 0.6% drop!
Read the full article from Mortgage News Daily.
AUSTIN OCTOBER MARKET STATS
- Months of Inventory increased to 4 MOI from 3.7 in September
- Avg Days on Market increased to 40 compared to 18 in Oct 2021
- Avg Sold Price increased +7.3% in the Metro and +12.7% in the City of Austin
- Withdrawn/Expired Listings increased considerably, more than tripling in the Metro area
- New Listings decreased by -289 units
- Pending units are down by -40%
Want to know how these trends are impacting your home?
📞 Let’s talk! Courtney 512-809-5495
Sunday, November 13th | 3:00 PM – 10:00
Get ready for a unique annual celebration filled with German culture and Texas fun! Located near the headwaters of the beautiful Comal River in New Braunfels, Texas! Enjoy the finest in Alpine and Bavarian Style Entertainment, live music, dancing, carnival rides, games, German, Texan, and domestic beer, and delicious food. Find out more HERE.
Saturday, November 12th | 6:30 PM
Darrell K. Royal Memorial Stadium
It’s UT vs. TCU on College Game Day!
You don’t want to miss it! Spend your day at a tailgate, drink some beers and watch some football! Click HERE to purchase your tickets.
Chicago-based Foxtrot, a hybrid of urban convenience store, local market and café, is entering the Austin, Texas, marketplace with three new locations.
The three locations in Austin are opening this year and early 2023 include: 1804 S. 1st St.; 4800 Burnet Rd.; and 2266 Guadalupe Street, MORE
FIELD OF LIGHT
Sunday, November 13th | 5:00 PM
Wildflower Center 28,000 stemmed spheres that are illuminated by solar powered fiber-optics. The exhibition beautifully showcases the intersection of art, technology, and nature. The installation unites with the outdoors, celebrating the natural topography of the landscape. Click HERE to purchase tickets.
If you want to discuss the real estate market and how it could impact the value of our home and your future plans, give me a call.
🍂 Courtney 512-809-5495
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. MORTGAGE REFERRAL
LUXURY DESIGN AND INTERIORS: We work with a wide variety of designers and would love to introduce you to a great partner.
© Compass 2022 | 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.