Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. Price drops are becoming more normal, and we can expect home values to decrease by 10-15% on average across major markets. Builders will continue to target first-time home buyers with incentives. Episode Links.

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Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. Some markets were affected more than others.

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Listing Spark

OCTOBER 13, 2022

In August, the median home value in the greater Austin metropolitan area was $496,000 and that’s up 5%. New listings are down 6%, so there are less homes coming onto the market than there were this time last year. Nationally active listings are up 26.9%. And housing prices are still up! “In

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Will Springer Realtor

JANUARY 9, 2024

Yes, 2024 will be focusing even more resources on investing in affordable housing (32% additional dollars than last year), $100M+ directed to services and shelter for the homeless, and even funding to plant about 1300 trees across our city. population growth over those five years and a home value today of $783.3K.

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Listing Spark

MARCH 9, 2023

Whether you’re already established in Texas or just considering entering the Lone Star State’s housing market soon, these insights could prove invaluable when making crucial decisions about your investments! 2021 was a meteoric run up in home values, market activity, and consumer confidence.

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Will Springer Realtor

AUGUST 11, 2023

income can qualify for financing on a median-priced home. In 2022, the index fell off the cliff: Homeownership remains a great way to build wealth, especially for the middle class and people of color, who may have few investments. Some experts estimate owning a home can account for two-thirds of the typical family’s total assets.

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Will Springer Realtor

OCTOBER 8, 2021

They wonder if they missed their opportunity to buy before interest rates rise along with home values. It’s a similar tale for single-family homes as a subset of the market. New listings are up 6.3% Prices are lower month-to-month for single-family homes – down 2.9% And that answer appears to be “yes.”

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Housing Wire

FEBRUARY 4, 2025

Home values are increasing moderately and sustainably in many areas, unlike the double-digit annual increases that characterized the pandemic era. The gradual influx of new listings provides buyers with more options, which were significantly lacking a few years ago. Several factors contribute to this slowdown.

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