Mural Location: Frost Bank, Austin, TX |
Photo Credit: CultureMap Austin & thehonestshruth.com
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Happy Thursday, Y’all!
We all know how much of a crazy whirlwind this past year has been — not only with the pandemic, but also with Austin’s intense and bursting housing market. The competitiveness of home buying in and around Austin has been a bit stressful and overwhelming for potential buyers, to say the least, but I want you all to know that there is a little light at this crazy Austin real estate tunnel… and that is that things ARE getting better!
Home prices are still way up from last year in and around Austin, and we don’t anticipate that going down anytime soon, however, things are stabilizing. There is no longer a widespread buying frenzy, as we are seeing fewer lines to see homes, fewer showings and fewer offers rolling in. With a couple of months of home pricing stabilization, we are able to predict trends much better and are able to stay ahead of the market.
So yes, we can all take a collective sigh of relief for now… even if just a little one. We’ll have a better idea of Austin’s “new normal” in the market once we get through the summer and into the fall, and, as always, my team and I will keep you thoroughly updated along the way!
But just know that if you or someone you know are ready to find the perfect home in Austin, there’s no need to be hesitant over the current process or the competition. My Ellevé team and I are here to guide you with ease and confidence through the home buying journey, and I promise you that we have everything you need to succeed. Let's find your new home!
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The First Tesla Solar Neighborhood in the
U.S. is Zoned for
Southeast Austin
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Photo Credit: Austonia.com & Easton Park/Facebook
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Austin has already been anticipating the arrival of Tesla’s new $1 billion automotive factory near the Austin-Bergstrom International Airport, but now, there’s another Tesla development in the works — Tesla’s new solar-powered neighborhood in Southeast Austin.
Named SunHouse at Easton Park, this is the first Tesla Solar neighborhood in the U.S. and is marked as “an energy-neutral, sustainable community and a model for the design and construction of sustainable large-scale housing projects around the world,” says Dacra, the SunHouse’s real estate development team.
"Residents of these new 'solar homes' will most likely generate enough energy to supply their daily needs while reducing electric-grid demand," according to Clean Technica.
Read the full scoop on this new solar-powered neighborhood from austonia.com here.
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Are you or someone you know looking to buy into one Austin's top eco-friendly neighborhoods? I can help!
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Your Guide to All Things
New & Noteworthy
in Austin
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Field Guide Festival in Austin will Bring Farmers and Top Chefs Together
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Visit any number of modern Austin restaurants, and you’ll find names of farms listed on the menu.
The roster of purveyors lets you know that the restaurant is (hopefully) serious about sourcing and seasonality, as well as supporting locally owned food businesses.
But the dry
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... keep reading.
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Hill Country Community Ready to Rock with 2,000-Home Development
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A master-planned community will bring nearly 2,000 single-family homes, more than 900 apartments, a sports complex, and a recreation center to an 1,100-acre site near the Hill Country community of Marble Falls.
Farmers Branch-based real estate developer Centurion American Development Group said
"
... keep reading.
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Top Picks for Things to Do
July 16-18
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Summer Fest: An Intimate Celebration of Art + Music
AtxGALS and The Cathedral are celebrating local art and music with a three-day, intimate concert series benefitting Creative Action. The event provides a unique way for Austinites to celebrate and support local women owned businesses, artists and musicians! Click here for more info.
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The Austin Flea at Radio, Coffee & Beer
Come out to Radio Coffee & Beer this Sunday for their amazing Flea Market! The Flea features local handmade items and vintage wares from some of Austin's most amazing and talented vendors. Find one-of-a-kind gifts for any occasion including jewelry, bath/body products, vintage, original artwork, paper goods, textiles and more. Learn more here.
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A BIG cheers to our clients! Their gorgeous South Austin home just went under contract with multiple offers! We are thrilled for our clients, and we are also so happy that we could help them find the perfect buyers for their home.
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3 Bed | 2 Bath
Representing Seller
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© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
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