Four Trends For Real Estate Investors In 2020
What does real estate demand mean for an investor in Austin? Interesting advice given in Forbes in regards to rental properties and single-family homes.
Texas Office Owners: Sell or Hold?
So many reasons why you should hold onto your commercial real estate Austin, according to @FranceMedia Inc. Have you noticed rent increases in your area?
The Importance of Powerful Market Forecasting and Analysis
In my 20+ years as an agent I’m shocked at how the majority of Buyers and Sellers truly know so little about the state of the market and it’s direction yet are making quick decisions that could cost them a fortune in real estate (and beyond). This is usually a direct result of their agent or broker not knowing either and the client is simply trusting “the expert” as to be expected. Here is exactly how to avoid this.
Tarek Morshed Q1 Market Update 2019
So far 2019 has started extremely strong exceeding expectations. In my last update I mentioned we would likely see our next strong appreciation cycle (after 5-6% annually in 2017 and 2018) begin mid to late 2019. I would say it’s starting a quarter early….as in…now!
Creating a Home Office That Boosts Your Productivity
As an entrepreneur what does your home office situation look like? Is it in the corner of the master bedroom or an afterthought in some dark corner of the house? For most the answer would be a yes…after all, what difference does it make right? Actually, it’s a much larger impact on your company than you may think!
What National Forecasts Won’t Tell You About Next Year’s Housing Market
Guess who Forbes says is one of the top real estate markets to watch this year Austin? For the very reason I’ve shared with you in my quarterlies!
Chamber forecast sees tight labor, housing markets as biggest threat to Austin economy
Growing pains for Austin as the nation talks of an impending recession as shared in this article by the Austin Monitor! What are your concerns about investing in Austin? We’d like to know! Contact us. Read the article here.
Tarek Morshed Q3 Market Update 2019
For the most part Q3 has performed as expected and predicted with a few exceptions. Prices moved up a few percent bringing year-to-date appreciation to around 6%. Tier-1 homes (priced right, no major flaws and wow factor) sold within days with multiple offers and average of 3-5% over list price. Tier-2 properties (mostly a Tier-1 but with one flaw such as needing cosmetic updates) averaged 40-60 days on the market and about 3-5 % negotiability. Tier-3 (major issues or work) sat on the market 90+ days and 10% negotiability.
Coworking Spaces in Austin
Time hacks mean everything to us. As you discover this amazing city and the incredible entrepreneurial community within, this piece our amazing team put together will help you start understanding an important pillar of that entrepreneurial community based on locational quadrants of the city. Austin boasts over 50 co-work spaces with many of them serving a niche.
How Your Home’s Location Impacts Your Business
Why it’s imperative Entrepreneurs use location to their business needs as the most important driver when buying or selling a home and most fail to do so. Entrepreneurs and Founders too often miss the true importance of location as a filter when buying their personal home. This is no surprise as it’s only natural to separate personal life from the business but it’s a big mistake.
Austin’s explosive growth triggers ‘boomtown’ status in new national study
ATX! Still have concerns about our real estate market? We rank 12th in national study for economic development and growth according to Culture Map! What indicators have you seen where you live?
Austin Rate Of Growth Unsustainable, Realtors Board Says
According to this article from Patch.com, our city can’t handle the continued growth without a new strategy and market prices will continue to rise.
Tarek Morshed Q2 Market Update 2019
So far 2019 has continued to perform above expectation. At the end of 2018, I predicted our next strong market cycle would begin mid to late 2019 with values rising 7-8% or so through 2021. However, the market performed at that level of appreciation right of the gate in Q1. The 2nd quarter has seen the same velocity and to date prices have risen 3-4% appreciation for the year.
Looking for a New Home? Lead with Your Business Needs
Too often, I see entrepreneurs choose to sell or buy a home that ends up very negatively impacting their business financially. Whether the home purchase or sale is due to a life shift, need around the kids or their own perceived needs I regularly experience entrepreneurs missing the incredibly vital connection of choosing their personal home needs through their business needs FIRST. I call it the “business of home”.
Austin Real Estate Market Update Q3 2018
Averaged across all price bands/sectors, market supply is at 3 months which is considered a low inventory/ high appreciating environment. However we’re only seeing appreciation in one main price band and even then at about a 5% annual rate vs 7-10% we would expect at 3 months supply.