Eric's Blog

Sometimes your dog has some extra energy to burn! When our real estate agents want to give their pets some quality outdoor time, they head for these great Central Texas dog parks near Georgetown homes for sale.

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The Cedar Park community offers so many wonderful programs and events. Many of them take place at the Cedar Park Public Library. In fact, there are some events and programs coming up soon that you may want to attend. The library is located at 550 Discovery Blvd., Cedar Park, TX 78613. All of these programs are open to the public and occur throughout the year. 

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Have you been thinking about getting into gardening? March 12th is National Plant a Flower Day, so now is the perfect time to get started. Our real estate agents have been looking forward to getting out in their gardens again, and they can't wait to add some new flowers to their collections. Here are a few of their top tips for gardening in Central Texas.

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Greater Austin is the place to be. With one of the most unique cultures of any metropolitan area, friendly people, and one of the best bar and restaurant scenes around, it's not hard to see why. Few states are seeing population growth quite like Texas. The state's population just exceeded 30 million for the first time this past July. Many of the new residents coming in from out of state are settling down in the Austin area. It's actually one of the hottest real estate markets today.

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If you look at the national Real Estate Market and averages for 51 of the major metropolitan areas the year-over-year comparison taken without the context of the volatility of the last 12 months looks like a tiny linear shift. In January 2022 the inventory was low and the market was still being fueled by post-pandemic demand and historically low-interest rates. The rising inventory reflected in this Housing Report does not really explain where that came from but the majority was from two sources. New construction contracts that failed to close because of dramatically higher rates pushed buyer ability to qualify to a new low and right out of contracts for properties that were in construction. Another issue was iBuyer inventory that fell grossly short of anticipated appreciation again caused by the inability of Buyers to keep up with and qualify at the new interest rates. I look for this inventory growth to slow down in our area because these properties are clearing our market as builders and iBuyer communities have been making huge concessions. In addition, with a record number of homes that were withdrawn from the market in Q4 2022, there is still a reasonable balance in resale inventory and that normally represents a stable future for prices and reducing volatility in pricing and percentage differential between listed and closed prices.