HomeLight released their Top Agent Insights Spring 2021 Report! Homelight polled almost 1,400 from February to March to hear their thoughts about the real estate market. Here are some key trends that are or can influence the summer 2021 housing market. 1. Seller’s market continues to intensify and spread this summer. The market is still hot everywhere, giving sellers the upper hand. In Q1 2021, 97%...
Besides the almost constant sunshine, Texas appeals to new residents for low taxes. According to a new report, for everyone who left low-tax states in the past eight years, an average of four people moved to those same states. Nevada, Florida, South Carolina, and Texas are at the top of the low-tax states attracting new residents. Texas ranks as the eighth-lowest rate in the county. Our Lonestar state...
As we know, there’s an inventory shortage of homes, and prices are on the rise. In large part, the pandemic has contributed to this shortage, especially when paired with historically low-interest rates. One survey revealed that 55% of people said they regret taking out a mortgage during the pandemic. But you can avoid homebuyers remorse, even during this competitive market. Before purchasing, learn the...
Hot is no longer the right word to describe the Austin real estate market. Thanks to the little supply and high demand, the market is extreme, overheated, and supercharged. The lack of supply and increase in demand makes it one of the most competitive housing markets in the country. But why and how? Homebuyers have continued to move into the area. A Census Bureau report from March 2020 shows that the...
If you’re selling or you’re struggling to sell your house, you should try staging! Staging affects the buyers’ view of a home. Actually, according to a National Association of REALTORS®’ study, 40% of buyers agents said staging affected most buyer’s view of the home. And it can transform a house so easily and quickly! Here are some reasons why you should stage and the reasons it works. 1....
The first anniversary is coming up! Anniversary of what, you may ask. The anniversary of people living and working from home thanks to a pandemic, of course. From this one year, real estate agents and home professionals have realized there’s a popular trend in what homeowners seek in a home now. So whether you’re selling your Austin-area home or looking for someone to occupy your property, consider...
We all survived the historic winter storm that wreaked havoc on our Lone Star State. Now, it’s time to recover and repair. If you’re filing a claim for the power outage using your homeowner’s insurance, here’s what it does and does not cover. Coverage will depend based on your policy details. Frozen Pipes During a Power Outage Severe weather and power outages can cause water to freeze in your...
A pandemic causing people to live and work from home for the last year has forced us to evaluate our homes and their layouts. These home designs are almost necessary to have in a living space now. 1. Closed Floor Plans are Making a Comeback While open floor plans were a popular layout, it’s now outdated when you live and work at home. Now, people want more privacy in their homes. Some people may...
What Renovations Give You the BEST ROI in Austin? Staging is a great way to increase the return on investment you see on your home, but to guarantee you get the absolute best offer for your home, it may take a few renovations. Before listing your doubts and reasons you have for not wanting to make the leap, check out some of the renovations that have the best ROI and can get you more money for your...
Austin is a unique city that poses a good problem for its residents -- choosing where to live! The city itself is vibrant and eclectic, but with so many booming suburbs with varying commute times into the city, it can be hard to narrow down where you want to live. If you find yourself debating where you should live, check out some of the important factors to consider when living in the city vs. living in...