austin real estate: SHOW ME THE GREEN: PLANS FOR INVESTING IN THE ATX REAL ESTATE MARKET - 03/21/22 08:50 AM
In recent years, Austin has continuously ranked as one of the top places to invest in real estate. When assessing a market’s potential, analysts look at an area’s job growth, average days on market, historical rental rates, and median household income growth along with other factors.     WHY INVEST IN AUSTIN? Between May of 2020 and May of 2021, Austin experienced 8.45% year-over-year job growth. Tesla, Samsung and Apple all made the headlines in the last year with announcements for expansions/moves in the Austin market.  Those companies alone may account for 20k+ new jobs in the Austin area, but there are … (1 comments)

austin real estate: 'Tis the Season to be Selling, or is it? - 12/13/21 08:03 AM
  The other day, I heard a commercial on the radio that I found particularly unnerving. The spokesperson said that now is a great time to sell your home. He talked about how the record high prices we’ve been seeing in the Austin area may not be here forever, and that the uncertainty of a continued upward trajectory is reason enough to list your home for sale now. Everything that he said isn’t completely wrong, but what really bothered me was that I was listening to this recommendation in early December.  One thing I know for sure is that the holiday … (2 comments)

austin real estate: NEW LAWS HELP PROTECT TEXAS HOMEOWNERS AGAINST HOAS - 10/19/21 07:37 AM
For many years I have heard horror stories from clients in regards to home owner’s associations.  Most frequently, it comes from individuals who are simply perplexed by the excessive fees such associations can charge for merely delivering required paperwork.  When you purchase a property that is located in a community with a home owner’s association (HOA) you need an official copy of the HOA documents and a resale certificate.  These documents tell you the rules for the community, what the HOA fees cover, the HOA’s financials, and if the seller is delinquent on any HOA dues.  Obviously, all of these things … (2 comments)

austin real estate: WHAT THE LATEST STATS FROM THE 2020 CENSUS TELL US ABOUT AUSTIN - 08/31/21 07:45 AM
Slowly but surely, the 2020 US Census data from 2020 is being released.  Although these stats are not perfect, they were obtained during the pandemic after all, they do give us some insights as to what’s happening in the ATX.  There weren’t too many surprises, spoiler alert: the greater Austin area is growing rapidly in case you hadn’t noticed.  But, the official count for the City of Austin population did fall slightly shorter than expected with an estimated 961,855 people residing in the capital of the lone star state. Officially, this makes Austin the 11th most populous city in the United States.While the population … (6 comments)

austin real estate: MAY REAL ESTATE MARKET STATS SHOW AUSTIN CONTINUES TO BREAK RECORDS - 07/02/21 09:05 AM
The greater Austin area continues to break records in the month of May. Austin saw an all-time high for median home prices for any month on record. The recorded median single-family home value for the entire greater Austin area last month topped the charts at a whopping $465,000.
We are at a challenging time currently. There is simply not enough land in Austin to meet buyer demand. As businesses come in, so do residents and this is causing single-family home prices to skyrocket. Austin is now experiencing a critical shortage of inventory and we must think about new ways to expand and … (1 comments)

austin real estate: THE SUBTLE SHIFT IN THE AUSTIN REAL ESTATE MARKET - 04/02/21 01:35 PM
If you’ve been keeping an eye on the Austin real estate market lately, you’ve surely heard that the ATX has become one of, if not the most, competitive markets for home buyers in 2021.  You’ve probably heard about homes flying off the market at record speeds, selling for hundred of thousands of dollars over asking price, and new builders only being able to sign 1 or 2 contracts a month for homes that won’t even be completed until 2022.  However, something you may not have heard about yet is the subtle shift in the Austin real estate market over the past two weeks.  I’ve … (11 comments)

austin real estate: How to Buy a Home in Austin in 2021 - 01/24/21 09:24 AM
If you’re trying to purchase a home in the Austin area right now, you know it’s nuts out there.  It makes finding toilet paper in April of 2020 look like a piece of cake.  Securing that coveted PS5 last month - a walk in the park compared to buying an Austin home.  Needless to say, it’s a challenge.  I like challenges and if you do too, keep reading to learn how you can buy a home in Austin right now.   Appease The Sellers
Sellers in Austin obviously have the upper hand right now, so you need to do everything you can to make sure they … (6 comments)

austin real estate: The Effects of the Coronavirus on the Austin Housing Market - 03/19/20 10:48 AM
  As is the case with almost every aspect of our lives, there is a lot of uncertainty around how the coronavirus will affect the local housing market.  Over the past few years, the Austin housing market has been increasingly competitive with the average home sales price rising year over year.  Will Covid-19 slow sales or will buyers jump to take advantage of historically low interest rates? THE IMPACT OF COVID-19 ON AUSTIN HOME BUYERSThe coronavirus has began to change our daily lives.  Many are practicing social distancing, self-quarantining, and generally spending less time outside of the home.  Going into someone else’s home is just one … (1 comments)

 
Erika Rae Albert, Austin Real Estate Expert, Exceeding Expectations in Every Transaction (E-Rae Realty)

Erika Rae Albert, Austin Real Estate Expert

Exceeding Expectations in Every Transaction

Austin, TX

More about me…

E-Rae Realty

Address: Austin, TX

Mobile: (512) 779-7597



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