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re: Current Housing Prices
Posted on 3/12/22 at 10:53 am to H2O Tiger
Posted on 3/12/22 at 10:53 am to H2O Tiger
I'm in Williamson county dealing with a house purchase right now. From my experience, at least in my areas like Cedar Park, Leander, and Liberty Hill, you have to get above the 550 mark for things to settle down. The 350-550 area has tons of interest becuase it's what the majority of people can afford and are comfortable with.
If you can get up to the 550-750 range, things are selling for list or even a tad below list. This is up in Williamson county, though.
I'd anticipate the same is happening down in Austin, but at a higher range. Like 350-650 is flying off the market, and you have to get into 650-1M for things to tone down.
If you can get up to the 550-750 range, things are selling for list or even a tad below list. This is up in Williamson county, though.
I'd anticipate the same is happening down in Austin, but at a higher range. Like 350-650 is flying off the market, and you have to get into 650-1M for things to tone down.
1
Posted on 3/12/22 at 10:54 am to Joshjrn
$450,000.
Not $450.
Not $450.
Posted on 3/12/22 at 11:34 am to TideSaint
quote:
$450,000.
Not $450.
Ooo, got it. I was so damned confused
Posted on 3/12/22 at 11:38 am to thegreatboudini
quote:
I'd anticipate the same is happening down in Austin, but at a higher range. Like 350-650 is flying off the market, and you have to get into 650-1M for things to tone down.
It’s 2MM in Austin. 1.3Mm sells for 1.5 etc etc. in somewhat central neighborhoods. Source: wife is realtor here
Posted on 3/12/22 at 11:38 am to MC5601
quote:
I’m 30 with a good job and I can’t stomach paying $450+ for a 3/2 1800 SFQT starter home.
Make that 1300 sq ft and $898000. That's what the house next door just sold for. Cash. If you aren't paying cash down here you aren't getting the contract.
Posted on 3/12/22 at 11:40 am to KwoodTiger
quote:
offered 3 month lease back period for free.
You will be seeing this (maybe not the free part) more and more, and is a great way to differentiate your offer.
Posted on 3/12/22 at 11:42 am to H2O Tiger
I saw someone bid 50k over the asking price on one not long ago. fricking ridiculous for a buyer's market. Been a pain for me. I'm trying to leave Louisiana and find the right place for my family. Job obviously plays into it but man this market sucks for buyers right now. I'm not leaving until I get the house we want. Ida made me decide I'm done with this state. Not worth it anymore.
Posted on 3/12/22 at 11:51 am to reddonuts8
4.2 shite. 3.8 is normal right now. Just did a refi for 3.2.
Posted on 3/12/22 at 11:52 am to H2O Tiger
Good luck!
I’m just north of Austin in Round Rock (west side) and I just got my house appraised for twice what I bought it for three years ago.
Everyone I know who is looking is getting outbid several times over by California cash.
Market here is full steam ahead.
I’m just north of Austin in Round Rock (west side) and I just got my house appraised for twice what I bought it for three years ago.
Everyone I know who is looking is getting outbid several times over by California cash.
Market here is full steam ahead.
Posted on 3/12/22 at 12:08 pm to VABuckeye
quote:
Make that 1300 sq ft and $898000. That's what the house next door just sold for. Cash. If you aren't paying cash down here you aren't getting the contract.
What Joe Schmoe home buyer has $898k cash laying around to over-spend on a house? I wish that these panic buyers bidding up homes to such inflated prices would die in an industrial accident.
Posted on 3/12/22 at 12:22 pm to H2O Tiger
Neighbor just sold sight unseen to a guy for $120k over asking price the first 2 days on the market.
Posted on 3/12/22 at 12:40 pm to SuperSaint
just dropping in to say if anyone needs an agent to help navigate the craziness, hit me up... i'd love to help you out 
Posted on 3/12/22 at 12:45 pm to Blaeke
Most of the unsolicited calls I get are from investors buying up properties. Not sure where all the cash is coming from. I tell them to go frick themselves. There is some serious fraud occurring or I'm just not doing things right.
Posted on 3/12/22 at 1:05 pm to H2O Tiger
My wife and I are in the same age range and closed on our house in Austin in September. I know what you’re going through.
What areas are you looking in? Let me know if you want any insight and I’d be happy to offer up what I know.
What areas are you looking in? Let me know if you want any insight and I’d be happy to offer up what I know.
Posted on 3/12/22 at 1:12 pm to H2O Tiger
quote:
We went way over and I'm still not confident.
Asking price is irrelevant; did you go over the most recent comps for the area?
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