How The Austin Real Estate Market Got So Hot
Many have reached out to us over the past few weeks with questions about the current state of the real estate market. Having been blessed to serve well over 1,000 families over the past 15 years, even we have seen nothing like what we are ...
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Posted by Ricky Cain on March 22, 2021 in Austin Real Estate Stats & Tips
Austin, TX Housing Affordability Update
Stats courtesy of Cain Realty Group's preferred title company, Texas National Title.
Source: Real Estate Center at Texas A&M
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Posted by Grace Theriot on June 6, 2018 in Austin Real Estate Market Statistics
Market Update With Ricky: April 2018
April's stats are in and Ricky is here to give you the scoop on what the Austin-Round Rock Metropolitan is up to. Check out Market Updates with Ricky: April 2018 edition, here!
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Posted by Grace Theriot on June 5, 2018 in Austin Real Estate Market Statistics
Monthly Market Updates with Ricky: February 2018
As first quarter comes to a close we are still seeing single-family home sales increase in the Austin-Round Rock Metropolitan. All signs are pointing towards another record year for home sales! Housing inventory levels are staying strong around ...
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Posted by Grace Theriot on March 27, 2018 in Austin Real Estate Market Statistics
Monthly Market Updates with Ricky: December 2017
In the city of Austin, the median price for single-family homes increased annually to $362,000, an all-time high, and sales increased annually by 2.5 percent to 9,278 sales. In December, sales increased by 13.4 percent to 802 sales for the month, a ...
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Posted by Grace Theriot on February 1, 2018 in Austin Real Estate Market Statistics
Want to Know What your Home is Worth?
Here at the Cain Team, we know you have tons of questions just waiting to be answered. Want to see how homes within a five-mile radius of your home are selling? How do the actual selling prices compare to listing prices in your area? We've got ...
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Posted by Grace Theriot on October 26, 2017 in Austin Real Estate Market Statistics
Austin Real Estate Experiences the Hottest Summer Ever
According to the Austin Board of Realtor's August 2017 report, we just experienced the best summer selling season Central Texas has ever seen. This selling season is the strongest on record in terms of single-family home sales and median prices ...
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Posted by Grace Theriot on October 3, 2017 in Austin Real Estate Market Statistics
Monthly Market Updates With Ricky!
The housing market has changed exponentially since this time last year, and Ricky is here to explain why! Get the scoop with our Monthly Market Updates with Ricky!
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Posted by Grace Theriot on September 5, 2017 in Austin Real Estate Market Statistics
Typical Mortgage Taken Out by Americans in Recent Years Have Been the Largest on Record
The continuous increase of home prices in the past few years was mainly caused by an unbalanced housing market. There was just too many people looking to buy a home but not enough homes available to keep up with the demand. As a result, Americans ...
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Posted by Grace Theriot on April 6, 2017 in Austin Real Estate Market Statistics
Housing Shortage Will Make Homes More Expensive this 2017
A growing concern among real estate analysts is that young buyers might be getting shut out of the market as home prices rise to an all-time high in nearly two decades due to a severe shortage in homes available for sale.
In a recent report compiled ...
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Posted by Grace Theriot on February 14, 2017 in Austin Real Estate Market Statistics
2016 is Best Year for Existing Home Sales in a Decade
2016 is a year of frustrations as a shortage of available homes on the market gave buyers a tough time. However, a recent report compiled by the National Association of Realtors® indicates that 2016 is, in fact, the best year for existing home ...
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Posted by Grace Theriot on January 24, 2017 in Austin Real Estate Market Statistics
U.S. Home Prices Surges; Surpasses 2006 Price Highs
U.S. home prices surpassed their 2006 peak in September, according to a recent report, despite a topsy-turvy presidential race that had housing experts betting that buyers would hold off on closing on the homes of their dreams until after ...
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Posted by Grace Theriot on December 8, 2016 in Austin Real Estate Market Statistics
Newcomer Domains in Austin Identified by ABJ Report
With the surge of millennials, investors, businessmen, and retirees to Austin, we can't help but wonder where all these new people are buying. After all, the knowledge can be helpful in several ways: we can either invest in newcomer's domains in ...
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Posted by Grace Theriot on November 28, 2016 in Austin Real Estate Market Statistics
The Perfect Time for Real Estate Investment
MarketWatch recently reported that now is the best time to invest in real estate. Jeff Reeves, a MarketWatch columnist, dispels the rumor that another housing crisis is looming overhead. He believes that home buyers are more responsible with ...
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Posted by Grace Theriot on September 23, 2016 in Austin Real Estate Market Statistics
Americans are Getting Richer; More Invest in Real Estate
A recent Census Burea report indicates that incomes of Americans rose by 5.2% percen
t in 2015-- the first hike in earnings since the last one that took place in 2007. After seven years of declining or stagnant earnings, the median household ...
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Posted by Grace Theriot on September 16, 2016 in General Real Estate Information
Austin Ranked as One of U.S.' Hottest Real Estate Markets
While rising home prices may be an indicator of an impeding housing bubble, experts clarify that this may not always be the case. There are certain markets where rising home prices and increasing bidding wars are actually caused by housing ...
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Posted by Grace Theriot on July 19, 2016 in Austin Real Estate Market Statistics
Austin Home Sales Rising; Suburbs Stand to Gain the Most
Residential real estate growth is becoming more and more evident in Austin as sales in the suburban periphery continue to rise. Sales that were once confined to downtown Austin are now radiating outward, as buyers look into investing in suburban ...
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Posted by Ricky Cain on July 18, 2016 in Austin Area News
Facts about Foreign Home Buyers in the U.S.
Data from the National Association of Realtors (NAR) shows that foreign home buyers have invested over $102.6 billion on 214,885 properties from April 2015 to March 2016. The top home buying country for two years in a row is China, followed by ...
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Posted by Grace Theriot on July 11, 2016 in Austin Real Estate Market Statistics
Lesser Property Taxes for Austin Residents as City Council Votes for Increased Homestead Exemption
The Austin City Council has finally voted in favor of increasing the homestead exemption from 6% to 8% this afternoon. The 2% increase in exemption means that owners of homes valued at $250,000 will save approximately $23 annually. The final ...
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Posted by Ricky Cain on June 29, 2016 in Austin Area News
Are Low Credit Scores Keeping Millennials from Buying a Home?
A recent TransUnion survey found that a third of American millenials aged 18 to 34 are looking to buy a home within the next 12 months, but 43% of them have subprime credit scores.
TransUnion senior vice president Ken Chaplin says that credit scores ...
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Posted by Grace Theriot on June 10, 2016 in Austin Real Estate Market Statistics