Category Archives for Living in Austin

Austin Real Estate Market Update Aug 2018

The Austin real estate market has begun to level off and slow down a bit, but that fact is not yet fully reflected in the market statistics, other than Days on Market creeping up. Nevertheless, Median Sold price is up to $322K, an increase of 8% over August 2017. I see more price drops coming […]

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Posted by Steve
10 months ago

How to Save for a Home Purchase In Austin TX

Austin median home values 2008-July 2018

Historically in Texas, homes have appreciated at 4.5% annually (according to Texas A&M Real Estate Center). This is the expected appreciation we use when making real estate investment assumptions as well. For example, a $200,000 home would increase in value to $209,000 if appreciation was 4.5% for that year. If you wanted to save for […]

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Posted by Steve
11 months ago

The Growing Acceptance of Real Estate Value Inaccuracy

What is my Austin Home Worth

What is your Austin home worth, right now? When considering a sale, it’s generally worth “market value”, defined loosely as the highest price a buyer would pay, and that a seller will accept in an open, competitive market. This assumes neither buyer nor seller are under any undue stress or duress external to the transaction […]

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Posted by Steve
last year

Austin Affordability: The High Cost of Living Apart

Big Family Austin

In an increasingly “unaffordable” Austin, it occurs to me that many of us couldĀ live way cheaper if we could just get along and live in extended family groups or roommate groups. I’ll use my own family as an example to explore this CRAZY idea for curing Austin’s affordability problem. Sylvia and I live in a […]

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Posted by Steve
3 years ago

Austin Real Estate Predictions for 2015

Austin home sales 2005-2014

What will the real estate market in Austin do for 2015? Most likely, more of the same. More of what we saw in 2013 and 2014 Spring/Summer selling seasons, which was strong price increases caused by limited supply and increasing demand. Especially in the central core areas of Austin but not limited to just those […]

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Posted by Steve
4 years ago

And just like that, we’re moving again

moving boxes Austin

Have you ever woken up on a Friday morning with no intention of moving and by 5PM that day have submitted an offer on a home? That’s what Sylvia and I recently did, and it’s not the first time. We really thought our current place in Westlake would be our “forever” retirement home. We’ve slowly […]

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Posted by Steve
5 years ago
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