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It’s April 2021 in Central-South Texas, and that means both wildflowers and a wild local real estate market! Feels like we’re all running out of ways to describe the record-setting pace of home prices and the ongoing issue of supply vs. demand, but if you or your family/friends would like to discuss buying, selling, or leasing a home, call me anytime and let’s schedule a time to talk!
News And Events
Elon Musk Purchases State Capitol Building for $41 Billion
Austin’s newest resident and Tesla/SpaceX billionaire, Elon Musk has negotiated the purchase of the Texas State Capitol Building with plans to convert the complex to a Willie Nelson-themed water park.
In spite of a generational winter storm, the seemingly-unstoppable Austin real estate market reached another record in February with an eye-popping increase in median home price to more than $490K.
According to a new report that looked at data from 47 U.S. metros, homes in Austin are currently selling for the highest premium in the country at 7% over asking price.
In a show of its ongoing popularity, Austin’s 2020 pandemic resiliency included a number of high-tech company relocation announcements and a net commercial occupancy loss of less than 1%.
Ever wonder how your planned home improvement projects are going to affect your home’s value? Here is a list of common home updates and some average returns you may expect to see at resale. Read Story
How To Build A Raised Garden Bed
A raised bed provides a number of conveniences to your garden, while also adding visual flair to your outdoor space. Here are some simple step by step instructions on how you can easily build your own. Read Story
Market Statistics
Direct from the Austin MLS®, here are some of the latest numbers for the local market.
