The Austin Board of Realtors announced in October that the housing costs in October had reached an all time high. The question on everyone's mind is whether or not this is a bubble or is the trend likely to continue. No one can say for sure, although many experts are expecting the market to level or even dip next year. All I can tell you is that there are still over a hundred people moving to Ausin every day, and there is insufficient housing on the market to satisfy that demand. We all know what limited supply and high demand means. Prices soar. My personal belief is that prices may level off over the next year. But as more and more local Austinites are unable to afford to buy in their own town, being forced out of the market by out of town buyers, the market is likely to shift downward in the coming years. With Austin being dubbed "the next Silicon Valley," and high tech companies coming into Austin for cheaper than Bay Area pricing, there will be a tug of war between locals not willing to pay high prices and out of towners who can easily afford more than the local price points having sold houses in distant states at twice the value of the median home price in Austin. The tension is likely to cause a break in the economy and a downturn of prices. When it happens only time will tell.
To find the approximate value of your own home text frankvalue to 512-213-0377.
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
"Isaiah is very knowledgeable, thorough, clever and charming -- he is a master of his craft. From the highly customized web searches to accommodating our schedules to show us property (all over the tri-county area) at short notice to answering all of my texts at ALL hours with questions about properties and the entire home-buying process -- he was SO HELPFUL and always a joy to work with. Plus, we asked all of this of him during the holiday season and he didn't miss a beat. We couldn't be happier with our new home (& soon to be farm!!) and we are very grateful to Isaiah for making the entire experience as painless as possible for us. One last thing -- he's the coolest realtor in Texas!"