Bidding wars greatly influenced home prices last year. They typically happen when there’s a lack of inventory because multiple buyers want the same property, so they compete against each other by making more attractive bids, which drives up home prices. Bidding wars have continued throughout the pandemic and are predicted to continue in a post-pandemic market in 2022. Home prices are slowly coming down,...
We all know the pandemic has been described as an “unprecedented time,” but it also defined the real estate market last year. COVID’s impact wasn’t just on the economy or the health of Americans. It changed the real estate market too. Here are some of the real estate records broken in 2021. 30-year mortgage rate One real estate record that hasn't been broken since 2021 was the average rate...
Barton Creek is 5.4 square miles, an easy commute to downtown, and holds the honor of being one of Austin’s largest and oldest neighborhoods. This quiet and safe neighborhood features luxury homes with various architectural styles dating back to the beginning of the 20th Century. With multiple dining and nightlife options along the borders of this neighborhood, there is plenty to see and do! ...
If you enjoy living in the city and enjoy the comfort of a small community, Central Austin is the place for you! Homes in Central Austin have something for everyone, from fixer-uppers to new construction; this area has become a highly desirable location for homebuyers! Apart from its proximity to downtown, more appealing features of Central Austin are famous attractions like the University of Texas...
Cherrywood is one of the premier neighborhoods of East Austin. For those who want to be close to the University of Texas, this neighborhood, named for the major north-south artery, Cherrywood Road, that runs through the middle of it, is an excellent location with a strong sense of community! This eclectic neighborhood is within walking distance to several well-known Austin landmarks like Mi Madre's...
Neighboring the beautiful Texas Hill Country and only 12 miles south of downtown, Circle C Ranch is one of the most well-known master-planned communities in Southwest Austin. This community has over 3,700 homes with diverse architectural styles constructed by Texas’s most popular home builders. The Circle C community includes a year-round, outdoor, Olympic-size heated pool, state-of-the-art...
Established in the 1870s and just a mile west of downtown, Clarksville is one of Austin’s oldest neighborhoods with a unique, rich history and traditional architecture. The diverse community of Clarksville is a National Historic District and celebrates its deep cultural roots. This woodsy pedestrian-friendly central Austin neighborhood is known for its modest bungalows, annual events for...
Austin was given the nickname the “City of the Violet Crown '' in the early 1890s to describe the color of the sky as the sun slid behind the hills. When development first began in the Crestview and Brentwood communities, that beautiful violet glow of the sunset could be seen for miles, giving this area of Austin the notoriety of “The Violet Crown.” This classic central Austin community...
The Downtown District encompasses two square miles. Living Downtown offers residents a dense urban feel with stunning views of the Austin skyline and Lady Bird Lake from luxury high-rise condos and apartments. Congress Avenue is the main thoroughfare of downtown and leads straight into the historic capitol building. South Congress Avenue is one of the trendiest spots in the city, lined with...
Austin has a long, prosperous history that has helped it evolve into the bustling city it is today. In 1839, a tiny town called Waterloo was chosen to be the capital of the new Republic of Texas, only later to be renamed after "the father of Texas" Stephen F. Austin. As easy access to the Colorado River drew more folks to this location, the city quickly began to form. By 1840, the Republic of...