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We are in the dog days of summer, and things have picked up in the market once again. We saw a bit of a stabilization at the beginning of the summer, but things have taken off as of late. Most of our new listings are getting multiple offers. If a home is priced right in this market, you can almost guarantee it will get multiple offers if it’s listed below $500,000.
However, buyers should not fret. Believe it or not, there are plenty of opportunities for buyers to have an affordable home here in Austin. We have recently uncovered a phenomena where people are willing to sell their homes off market at a discount in order to sell them quickly and not have to deal with repairs. If you’re willing to put some elbow grease into a property, there is a huge opportunity here. People are wanting to take a shortcut, and willing to give buyers a discount because of this.
If you have any questions for us, all you have to do is reach out! Give us a call or send us an email, and we will look forward to talking with you soon!