Luxe Austin Homes - fall

"The 'sweet spot' for frustrated homebuyers is on the horizon"

Austin Business Journal writes, "The best time of the year to buy a home is coming up, giving frustrated house hunters an increased chance to close a desired deal.

The week of October 12-18 is what Realtor.com is calling the “sweet spot” for home shoppers. Why? A rare combination of higher inventory, lower prices and less competition makes it ideal for buyers. And even though it's not exactly a buyer's market overall, the improved buying conditions could feel like a breath of fresh air for prospective buyers.

"After years of constrained conditions, the 2025 housing market is giving buyers something they haven't had in a long time: options," said Danielle Hale, chief economist at Realtor.com, in a statement. "I expect this market momentum shift…

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"Home sales in the Austin metro could heat up this fall"

Austin Business Journal shares, "While home sales in the Austin metro continued to slow in July, pending sales ticked up — potentially suggesting stronger sales activity heading into the fall.

That’s according to the latest market data from Unlock MLS, which found that the metro recorded 2,492 home sales last month, down from 2,823 in June and from about 2,700 home sales in July 2024. On the flip side, pending sales clocked in at 2,829 last month, up from 2,706 in June and about 2,440 in July 2024.

As sales have slowed, home prices have dropped. The median sales price in the metro fell from $449,000 in June to $435,000 in July.

“It’s typical for the summer market to slow as people focus on travel and leisure; we often see activity pick back…

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"What’s next for the Austin housing market heading to fall 2023"

AUSTIN (KXAN) — "Mortgage rates have hit a 21-year high, and KXAN wanted to see what it could mean for Central Texans.

KXAN Anchor Jennifer Sanders spoke with Dr. Clare Losey, a housing economist with the Austin Board of Realtors, about key housing data, such as new and existing home sales.

JENNIFER: So as mortgage rates top 7% It’s a two-decade high. What does this really mean for homebuyers as well as homeowners here in Central Texas?

CLARE: Well, the primary effect of higher mortgage rates is on homebuyers purchasing power, right? So anytime the mortgage rate increases, it reduces the maximum home price affordable to any potential buyer. So, what we anticipate to see in Austin really in any housing market is just somewhat of a moderation in…

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"This Fall’s Latest Housing Stats Are Hiding a Surprising Upside for Homebuyers"

Realtor.com writes that, "Although the fall season is traditionally the best time of year to buy a house, homebuyers out there right now might not feel that way—and for good reason.

We looked at the latest real estate statistics in our column “How’s the Housing Market This Week?” We found that this year’s seasonal high point for buyers is up against some strong headwinds—including skyrocketing interest rates, soaring inflation, and overall economic volatility not seen since the Great Recession in 2008.

“Early fall is usually the best time to buy,” says Realtor.com® economist Jiayi Xu in her analysis, adding that the most optimal window of opportunity for homebuyers nationwide just passed last week.

However, she continues, “as inflation…

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