Shout out to all my fellow data nerds! April data is in and I’ve got updates for you. Our Austin housing market is in transition – median prices up slightly at $599k, but closed sales are down 17% compared to last year. Good news for you sellers: homes are still moving quickly (19 days on market), but buyers have gained some ground. 

Buyers: If you’re looking to buy and want the most competitive interest rates, I’ve got options for you! 7-year adjustable rate mortgages dropped to 5.75%, giving you plenty of time at a lower rate before you’ll want to refinance or trade up properties. 

Sellers – if summer sales are in your plans, spring prep makes sense. Your grass is green, your flowers are blooming, and you can photograph your home before the Texas heat arrives. I have a special offer I’ll be announcing this coming week so stay tuned. 

Thoughts on what all of this means for your situation? Drop me a message!