Friday, March 4, 2022 / by Kathryn Jones
Bell County is currently a sellers market, meaning that there are more people looking to buy than there are homes available. The median listing home price in Bell County, TX was $249.5K in January 2022, trending up 21.7% year-over-year. The median listing home price per square foot is also $131. This means that if you have a great piece of property, with or without a home, it's a great time to sell (& we have clients looking exactly in this area!)
As many of you know from reading our President, Russ Phillips’ most recent blog post, “A Note From Russ On His 20th Real Estate Anniversary: Inflation, Supply vs. Demand, Beating of War Drums & More,” real estate inventory is low right now. Really low. Check out this snippet from Russ’ realty wisdom to get a better viewpoint on the current marketing inventory:
“A neutral/balanced market between buyers and sellers is thought to be enough homes on the market that it would take SIX months to sell all; ...
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seller, buyer, market update, real estate
Sunday, February 27, 2022 / by Russ Phillips
This is an hour long presentation on local economics, given this week by David Tandy, CEO of Texas National Title. For those of us who enjoy geeking out on economics (and like them presented in layman's terms), this is pretty awesome.
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seller, buyer, buying vs. selling, economy, market update, real estate
Friday, February 25, 2022 / by Kathryn Jones
I'll bet you didn't know this, but I am officially an Endangered Species. I am a native Austinite that is over 40 years old. I was here before hipsters, Starbucks, and skinny jeans. According to statistics I made up last Wednesday, I am one of only FOUR native Austinites at this age or older that you are destined to meet in your lifetime.
Why should you care? (My kids ask this too....just silently with an eye roll....)
Well, I grew up in a Real Estate family here watching and learning as we navigated the last significant inflation the news keeps referring to. I remember the Carter Administration. I remember the Miracle on Ice at the Lake Placid Olympics (which I watched in shorts because hey...I was in Austin). I remember when mortgage rates were flirting with reaching 20%. I remember that we had not one, but TWO boom and bust cycles in Texas Real Estate in the 1980s. The second one was particularly challenging to my family's sphere of influence, and I remembe ...
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seller, buyer, buying vs. selling, economy, market update, real estate
Saturday, January 1, 2022 / by Meagan Henry
Put down that sledgehammer! If you’re preparing to undertake major home renovations in order to sell your home, stop for just a minute and reassess. Any avid HGTV fan can tell you just how frequently the channel’s professionals suggest sizable renovations as a way to increase home values before putting the property on the market. But where is the line between renovations that increase your property’s value and those that won’t earn you much extra equity? If you’re not a professional home flipper or real estate guru, that can be a hard line to find. Before you dive into home renovations and selling real estate in Georgetown, take a moment to ensure the renovations you’re thinking about will actually help your home.
Is It Necessary?
Before you dive into painting, replacing counters, or any more aesthetically-based projects around your home, it’s important to ensure your home is in good repair. It may not be the most exciting way to s! ...
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home renovations, seller
