The metro area of Austin had strong sales in May with resale homes up 5.7%, accompanied by a 5.4% jump in the median price of a resale home. Now, if you look only at the City of Austin, the median price of a home hit an all-time high at $407,400 in May, caused in large part by shrinking inventory levels. The lack of affordability is causing residents to flee to the suburbs, this is why we see an increase in the metro numbers. Below, you'll find additional monthly stats as well as year-to-date stats for the … [Read more...]
Discover Austin: R.O.T. Rally
This episode of Discover Austin is all about the Republic of Texas Rally, the largest biker event in Texas and the largest ticketed event in the United States. Whether you ride a motorcycle or not, ROT Rally is an event to be experienced.Other Discover Austin topics seen or referenced in the episode: The Texas Capitol Building<br> Greetings, I’m Craig Smyser. For a few days in June every year, tens of thousands of motorcycle enthusiasts converge on Central Texas. We’re going to take a look at the … [Read more...]
How’s the Market in Steiner Ranch – June 2019
The June 2019 installment of How's the Market in Steiner Ranch is here. In it, I review the monthly numbers (and explain why they look they way they do) and review the sales from the last six months to get a more accurate picture of the market in Steiner Ranch. Watch the full video to get the complete explanation because a high price sale causes a few skewed statistics. Below the video, you can find the same information in chart and text formats. To view summary and detailed sales information for all Steiner … [Read more...]
Discover Austin: Zilker Botanical Garden
The Zilker Botanical Garden is located on 26 acres in Zilker Park and has been referred to as the "jewel in the hear of Austin." A couple hours spent here and you'll understand why. The gorgeous blooms (which vary depending on when you visit) and the peacefulness of the garden make you forget you're in the city. Other Discover Austin topics mentioned or seen in this episode: Lady Bird Lake Greetings, I’m Craig Smyser. Just a hop, skip, and paddleboard ride from downtown is a horticultural oasis. We’re going … [Read more...]
Austin Neighborhood Home Sale Data – May 2019
My website has been updated to include May 2019 home sale data . Summary data can be viewed by everyone and if you register (for free!) you can access the address, sales price, and other information for home sales in Steiner Ranch, Avery Ranch, River Place, and other Austin neighborhoods. If you’d like to know how the market is performing in your neighborhood, contact me today to discuss. And if you have any thoughts of buying or selling in the coming year, I’d love the opportunity to earn your … [Read more...]
Discover Austin: The Domain
For this episode of Discover Austin, I visited the Domain in north Austin, a mixed-use development comprised of shops, restaurants, residential living, and office space. It sits on land once owned by IBM and its name stems from what was originally planned for that land. If you'd prefer to read about the Domain, the script can be found below the video. Greetings, I’m Craig Smyser. The Domain is one of the country’s most successful multi-use planned developments and we’re going to take a look at … [Read more...]
Vintage Austin: Seaholm Power Plant
Today, the Seaholm Power Plant serves as commercial space but during the 1950s it was the sole provider of electric power for Austin. As the city grew, Seaholm couldn’t keep up with the demand for electric power so other stations were built around town. In 1989, Seaholm no longer provided power and in 1996 closed entirely. In the distance of this Vintage Austin photo you can see the UT Tower. … [Read more...]
Discover Austin: Din Ho Chinese BBQ
While Chinese food and barbecue don't seem like they should be paired together, Din Ho Chinese BBQ is here to prove that they should! Local food blogger, Michael Zook and I went to enjoy their specialty dishes for this episode of Discover Austin Eats. … [Read more...]
Discover Austin: Esther’s Follies
Whether you're in town for the weekend, or you've been here for years, spend an evening at the theater with Esther's Follies, a fast-paced variety show that's been a staple on 6th Street since 1977.If you'd prefer to read about Esther's Follies, the transcript can be found below the video.<br Greetings, I’m Craig Smyser with RE/MAX Capital City. I’m on 6th Street in the heart of Downtown to take in a performance of Esther’s Follies on this episode of Discover Austin. Once referred to as Austin’s answer to … [Read more...]
April 2019 Home Sale Data – Austin
April sales soared compared to a year ago, both for resale homes and when including new construction, up 11.8% and 16.2% respectively. This, coupled with the more modest increase in median prices indicates the market is leveling a bit and able to keep up with current demand. The median price of a resale home is up 2.7% and when including new construction up 1.3%. 2019, so far, is also outperforming 2018, both in number of sales and sales prices. Find those stats below, along with all the April and year-to-date … [Read more...]
Texas is a Non-Disclosure State
You’ve likely heard that Texas is a non-disclosure state when it comes to real estate prices. But what exactly does that mean? In short, prices for real estate sales do not become part of the public record. Sales prices are not listed in any publicly recorded documents nor is the sales prices shared with a governmental agency. Texas is one of about a dozen states that has some form of non-disclosure law. The warranty deed is the legal document transferring ownership of a property that is part of the public record. … [Read more...]
How’s the Market in Steiner Ranch – May 2019
In this month's How's the Market in Steiner Ranch report I discuss the April sales stats and look at the past six-months of sales to get the full story on the sales statistics. Watch the full video to get the complete explanation because a high price sale causes a few skewed statistics. Below the video, you can find the same information in chart and text formats. To view summary and detailed sales information for all Steiner Ranch neighborhoods, check out the Neighborhood Home Sale Data section of my … [Read more...]
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