Austin February Market Recap

22 Mar


Image from Austin Board of Realtors

Take a look, listings for 2/13 are down, yet homes sold is still higher than 2/12. The median and average sales prices are increasing.

What does this mean? Even with the low amount of inventory homes are selling, and most of them are selling fast and anything under $500k is most likely in a multiple offer situation. Austin’s market is continuing to see sales higher than 2012, which was our best year since 2007.

What does this mean for sellers? If you were thinking about selling, sell. If you are not sure, be sure. If you want to hold out and wait for it to get better, that’s is not promised to us. A few questions you need to ask in all reality, where will you go, how much do you owe, can your life handle a move right now? The market is great to sell, you just need to cross your fingers, examine your life and see if it is also a great time for you to sell. If those two align, cue angels singing, by all means lets get a sign in your yard. If life has you in a weird place right now and it does not look possible, then take a breath and do not fret, people have sold homes even when it was not a sellers market. If that makes you sad, take a moment and see if there is anything you can do about it and make a plan to sell when life allows and work toward that plan. Bottom line, when you have to sell you make it happen, no matter the market.

What does this mean for buyers? Lets just borrow the old saying, there are plenty of fish in the sea…you may have to throw a few back, or most likely they will snap the line, before you get a keeper! Not so fun you say? Well take a look at the bar graph on the right dealing with sales prices. The median, aka the exact middle of all Feb sales, has increased along with the average, the sum divided by the total, sales prices. I will not charge extra for the middle school math recap. So if you want to wait out this buying frenzy, by all means, wait, and get a second job to cover a higher mortgage on your dream home that’s selling for more later.

How do buyers find that keeper faster? Be the strongest buyer you can be! First off, check your financial fitness, pay down debt, save up for down payment and closing costs, as well as initial expenses that are associated with your home purchase. Meet with a lender and work out a plan and see what your options are. Then find a great Realtor that knows how to communicate well with other agents, write a strong and clean offer (which entails being a contract expert), and negotiate like a boss for YOU!

-Michelle Reed
Austin Homes with Value

kw1304101f22bw

michelle.reed@kw.com
www.austinhomeswithvalue.com

The 411 on Austin Events for March!

28 Feb

Check out the March calendar of events and happenings here in Austin!

Click here for Austin’s March Calendar of Events!

- Austin Homes with Value

Michelle Reed

kw1304101f22bw

email: michelle.reed@kw.com

website: Austin Homes with Value

WATER: Where is it all? How do I get some?

30 Jan

Saw an great energy efficient home today in 78704! Had some of these, 2 large tanks, set up at the house. AUSTIN, well all of Texas, WATER is a HUGE challenge/issue that needs to be addressed.

rainbarrel

 

Collecting rain water is a great way to provide the water your plants, garden and yard need in a responsible manner. With all the people moving to Austin at the rate they are, I foresee these will be in use at every home in the area pretty quickly.

Thoughts? Solutions?

What are you doing?

- Austin Homes with Value

Michelle Reed – michelle.reed@kw.com

kw1304101f22bw

OPEN HOUSE in Allandale 1-4 pm

5 Jan

Such a great place, we are open AGAIN this weekend, Sat and Sun from 1-4 pm. Stop by and see us!

Vintage Allandale charm on quiet dead-end street. Walk to Amy’s Ice Cream, Phil’s and HEB. Garage converted into 1 bed 1 bath apartment. Fresh paint, new carpet & tile.

2505 Northland Dr

Also have updated information on Allandale, Crestview and more!

COME and SEE it!

- Austin Homes with Value

Michelle Reed

me-1

Search for Austin Homes with Value

 

email me at michelle.reed@kw.com

 

Open House TODAY 1-4 pm Allendale!

16 Dec

Check it out here!

Vintage Allandale charm on quiet dead-end street. Walk to Amy’s Ice Cream, Phil’s and HEB. Garage converted into 1 bed 1 bath apartment. Fresh paint, new carpet & tile.

COME and SEE it!

- Austin Homes with Value

Michelle Reed

me-1

 

Search for Austin Homes with Value

 

email me at michelle.reed@kw.com

Top Ten Reasons to List During the Holidays!

3 Dec

Achasta1091116110750 click on the photo to get a peek at the Southern Living Christmas house!

10. By selling now, you may have an opportunity to be a con-contingent buyer during the spring, when many more houses are on the market for less money! This allows you to sell high and buy low!

9. Eventhough your house will be on the market, you still have the option to restrict showings during the six or seven days around the Holidays!

8. January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until spring to buy, you need to be on the market during the Holidays to capture that market.

7. Some people must but before the end of the year for tax reasons!

6. Buyers have more time to took for a home during the holidays than they do during a working week!

5. Buyers are more emotional during the Holidays, so they are more likely to pay your price!

4. Houses show better when decorated for the Holidays!

3. Since the supply of listings will dramatically increase in January, there will be less demand for your particular home! Less demand means less money for you!

2. Serious buyers have fewer houses to chose from during the Holidays and less competition means more money for you!

And the Number One reason why you should list during the Holidays…..

1. People who look for homes during the Holidays are more serious buyers!

Thanks again, from Michelle Reed

Austin Homes with Value

me-1

Austin Homes with Value Search

email Michelle for any real estate needs @ michelle.reed@kw.com

Open Condo Today from 1-4pm

2 Dec

8610589_101_19click for more pictures

Gorgeous 2 bdrm on cul-de-sac w/amazing upgrades: wood floors,crown molding,granite counters,custom deck & paver area for BBQ! Gorgeous outdoor studio perfect office/studio/man cave! Studio: bamboo floors,outlets,cable ready,AC,recessed lighting & private deck. Huge, amazing lawn w/ private bckyd, awesome deck/patio w/ceiling fan & pergola! Kitchen: granite counters,new stove,cabinets w/soft close drawers. Master: 2 walk-in closets,custom shower,double vanity. Must see!

8320 Bradford Edward CV#A

Austin, TX 78759

Check it out on Facebook

See you guys out there!

-Michelle Reed

Austin Homes with Value

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Search other Austin Homes with Value

Email – michelle.reed@kw.com  for any real estate needs!

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