Skip to main content

Buyers, Silents, Leasing.. Austin Silent Market GVM Broker Email Newsletter. Jan. 28th, 2025

 

Buyers on the Search…

Winter 2025 Central Texas Real Estate Market. Observations I’m seeing my from desk, business and brokerage practice:

  1. Mortgage Interest Rates Linger in the 6.5-7.25+ % range

  2. Austin, Texas Rental Rates are down 15%-20% City Wide

  3. Appears to still be a Buyer’s Leaning Sales Marketplace

  4. Dreamy Seller’s Prices are just that, Dreamy.

  5. Austin Texas in 2025 is no longer the National “It” Place of Years/ Decades Past

  6. Spec Builder Home LOT buyers are optimistic, yet picky.


Facebook icon
Instagram icon
Twitter icon
Website icon
TikTok icon

Comments

Most Popular Posts on ATX Real Estate Life Blog

Per TheATX1 (@The ATX) on Twitter: Here are the Future Development Plans for West 6th and Lamar in Old West Austin, near Downtown, ATX.

 This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller. TheATX1 (@The ATX) posted: This is a massing of the 6th & Lamar (Waterloo Records site) residential project based on the Planning Commission approved zoning. The original plans before a compromise was reached with the local neighborhood association called for a building 31' and two or three floors taller.  https://x.com/theatx1/status/ 1944435039199985686?s=66

Should you BUY a FLIPPED House? ATX Broker Associate GVM Tips, Insights.

 SHOULD YOU BUY a "FLIPPED" HOUSE?  Have you personally ever considered and wondered if you, yourself should BUY  a "flipped house." In my 15+ years of predominantly residential Central Austin brokerage practice and experience, here are my insights, opinions, suggestions and things to be cognizant of.  #1. Absolutely, for sure get a LICENSED INSPECTION on the flipped house! Not all flippers are the same. Just like in life there is a wide spectrum in regards to quality. Some flippers are flat out awful. They make very lipstick-like improvements, skip the expensive items such as the foundation, and plumbing and try to trick the consumer into paying more for a home, when the consumer shouldn't.  On the Flip Side (this joke was just too obvious) There are also excellent high-quality flippers whom selectively choose which homes they flip, and then they invest carefully and beautifully while genuinely  improving a home! Some of these hi-quality upper tier flippe...

THE UNICORN LIST for Austin, Texas 2026 Edition via GVM Real Estate Broker:

  🦄 GVM's Austin Texas UNICORN LIST™ George Vance McGee's Favorite Local Professionals, Businesses & Hidden Gems 2026 Austin Edition By George Vance McGee, Austin Native, Real Estate Broker Associate, Austin Silent Market Austin is a rapidly & constantly changing city, but some local businesses, professionals, and community institutions continue to stand out. Over years of working in real estate sales, leasing, lot development and simply enjoying life in Austin, I've developed my personal "UNICORN LIST" of trusted local resources. A "Unicorn" is an ATX resident who was born and raised in Austin, TX. My mother Andrea Roberts McGee (rest in peace) birthed me at Seton Hospital on West 38th Street in November of 1981.  ⚖️ Real Estate Attorneys Claiborne Cowan & Associates Wills Probate Estate Planning Real Estate Legal Matters Jon M. Daves Evictions Landlord & Tenant Law Leasing Disputes Property Rights Shapiro & Dunn Business Law Practi...