Over the past two years, home price appreciation soared due to an influx of buyer demand, artificially low interest rates, and historically low inventory. Years of underbuilding combined with sellers who held off on listing their homes due to the pandemic (or out of fear they wouldn’t have a home to move to) amplified these conditions. 

This level of record-high demand and record-low supply wasn’t sustainable. 

Now, the rapid increases in mortgage interest rates are cooling demand. The Austin housing market is quickly moderating from a red hot seller’s market to one that is more balanced.  

The Austin Board of REALTORS® May Housing Report shows that the Austin market is shifting back to the market pace seen in the years leading up to the…

The American dream is intricately woven with the idea of buying a home, but the decision between renting and buying is one that is deeply individual. In Austin, like in many other cities, this decision is influenced by a myriad of factors, such as rising rents, climbing home prices, fluctuating interest rates, and the impact of inflation on the housing market. To make an informed choice that aligns with your unique circumstances, it is crucial to gain insights into both renting and buying options.

Renting in Austin

For many residents in Austin, the upfront costs associated with homeownership can be a significant roadblock on the path to buying a home. Price increases can make buying a home seem like an unattainable dream for some individuals or…

Waitress

June 11 - July 27

Featuring original music by Grammy winner Sara Bareilles, this heartfelt musical follows Jenna, a small-town waitress and expert pie maker who finds herself at a crossroads after an unexpected pregnancy. With the help of her co-workers, loyal customers, and a surprising new connection, Jenna begins to rediscover her strength and reimagine her future. Packed with warmth, humor, and unforgettable songs, Waitress is a moving story about love, resilience, and choosing your own recipe for happiness.

Star Spangled Fest

July 3

Start your day by the lake with live house music from local DJs, craft coffee, refreshing drinks, and bites from favorite food trucks. Later, enjoy yard games, a kids' zone, and plenty of space to relax…

If you’ve been thinking about buying a home in the last few years, it may seem like the current interest rates are high. Purchasing a home is one of the biggest financial decisions most people make. No one wants to feel like they’ve paid too much money, so you’ll want to do your research to make the right choice for your unique situation.

It may be tempting to want to wait until interest rates go down to buy a home. Before you decide on a plan, you’ll want to understand where rates have been in the past and why interest rates fluctuate. 

How do mortgage interest rates work?

According to The Balance, a mortgage interest rate is a percentage of your total loan balance. This rate is paid on a monthly basis until your mortgage loan is paid off, along…

Realty Austin, the #1 independent residential real estate firm in Central Texas, pledges to donate $1,000,000 over the next four years to support Foundation Communities’ affordable housing and learning center expansion. In honor of this historic commitment to the community, Foundation Communities has announced one of its newest learning centers will be named the Realty Austin Learning Center. The new learning center will serve two housing communities, Laurel Creek and Juniper Creek, located on N. Lamar Blvd. The two communities will welcome home over 198 families and children.

Yvette Flores, co-owner of Realty Austin, said, “Every day we see the cost of housing going up, which is why we give back in various ways to keep Austin more affordable. Our…