Homeowners who purchased in Central Texas near the market’s mid-2022 peak are now sitting on roughly 20 percent less value than what they paid. That is not a rounding error; it is a meaningful loss on paper, and local brokers say many of these owners are effectively stuck. They cannot sell without bringing money to ...
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The model homes dotting Austin’s northern suburbs come with rate buy-downs, closing cost credits, and move-in-ready kitchens. But the purchase price often hides at least three costs that can push a household toward financial distress within the first two years of ownership. None of these costs show up on a listing sheet or during a ...
The Central Texas housing market has gone through a significant reset since its 2022 peak, and for buyers willing to do their homework, that correction is creating real opportunity. Prices in Williamson County – which covers communities like Georgetown, Round Rock, Leander, and Cedar Park – have declined roughly 20% from their highs, while sales ...
When relocation buyers compare housing costs in the North Austin suburbs to what they paid in California, Seattle, or Houston, they typically focus on purchase price and mortgage payment. Many miss that Texas property taxes do not follow a single statewide rate. Rates vary between communities, driven in part by a financing tool called municipal ...
Year-over-year home price declines near 20 percent in Austin, Texas, have made national news, painting a picture of a market in retreat. But that number blends two very different markets, according to Nitin Kumar, a residential agent and investor with eXp Realty in Austin. One is the established suburbs near Austin’s job centers. The other ...
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The 1031 exchange is one of the most powerful tax-deferral tools in commercial real estate, and one of the most likely to collapse before closing. Between 50 and 60 percent of 1031 exchanges fail, according to Scott Abeel, who spent six years as a commercial retail broker in Texas before launching Exchango, a platform connecting ...
Across Central Texas, a construction defect hidden inside backyard pools is ending home sales before they close. The problem is alkali-silica reaction, or ASR, commonly called concrete cancer. According to Bill Cafferata, a real estate agent with CaffGroup at Keller Williams Realty in Dripping Springs, most buyers and many agents have never heard of it. ...
In a market commonly described as balanced, more than one in four sellers in Dallas-Fort Worth have reduced their asking price. Across the metro, the latest September data showed 29,364 active listings with a median time on market of 62 days and 27.5% of listings carrying price reductions, according to Ana Martin, a luxury real ...
Across much of the Dallas–Fort Worth housing market, the money a seller gives back at closing has stopped working as a bargaining chip. It is now part of how buyers qualify for a mortgage. With rates above 7%, Tabor Campbell, broker and owner of The Max Group, says most of his current transactions involve buyers ...
Most Austin-area real estate conversations focus on the city proper or its fast-growing northern suburbs. But about 45 minutes northwest, the communities lining the north shore of Lake Travis – Lago Vista, Jonestown, Point Venture – are working through a correction that has lasted far longer than what metro Austin has experienced. With 10 months ...
In most Texas housing markets right now, buyers have leverage they have not enjoyed in years. Inventory is up, prices are softening, and seller concessions – credits toward closing costs or interest-rate buydowns – have become a common negotiating tool. But in the luxury corridors west of Dallas, that playbook stops working above a certain ...
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Spokane’s residential market has settled into a pattern that rewards discipline and punishes nostalgia. Sellers who list based on what they remember from a few years ago – when homes drew multiple offers within days – are finding that the market has moved on without them, according to Kim Hagel-Barkley of The Barkley Group in ...
The gap between Houston’s residential market and its coastal neighbor shows what happens when short-term rental speculation meets a correction. Harris County, Texas, currently has roughly six months of housing inventory – enough to classify it as a balanced-to-soft market where sellers need to price carefully and present homes in strong condition. But the sharper ...
The U.S. rental market built aggressively during the pandemic era, particularly in Sunbelt cities like Nashville, Austin, and Dallas. Now much of that new inventory, especially high-end apartments, is sitting partially empty, competing for renters whose budgets have tightened considerably since construction began. The disconnect is straightforward: developers built expensive Class A apartments in markets ...
In most American markets, holding a property for ten or twelve years builds a cushion of equity. In Manhattan, that assumption no longer holds across large segments of the market, according to Nikolay Afanasyev, Founder & CEO of CITY SPHERE Property Group, a boutique brokerage covering Manhattan and parts of Brooklyn. Rising building carrying costs, ...
For buyers waiting on the largest purchase of their lives, the appraisal process is one of the last black boxes in a home purchase. Turnaround time isn’t a single number; it’s the sum of scheduling, inspection, report production, quality review, and any revision cycles that follow, and thin appraiser panels and uncontrolled revision cycles are ...
The company has already published over 5,000 articles in collaboration with over 1,800 market experts across all 50 states, powered by a tech-forward approach to research and reporting. MIAMI, FL – July 28, 2026: KeyCrew Media, the expert-sourced real estate news network, today unveiled KeyCrew Local, a network of local real estate news sites and ...
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