Austin Real Estate - Third Quarter Market Update - The Chappell Real Estate Show - Episode #37

Austin Market update for the third quarter of 2021! Month over month stats for the past three months July August and Sept 2021. Find out how sales trends are moving in the Austin MSA, Round Rock, Williamson County, Bastrop County, Caldwell County, Hays County, Travis County.

What can buyers expect today?

1. Prices have stabilized for the most part

2. Some areas are still seeing multiple offers

3. Some buyers may still pay a little more than the house is truly worth today, but those home values should catch up in due time.

4. Most homes are now selling at or just below listing price, something we haven’t seen in a while.

5. This is still a very strong sellers market. It’s important for buyers to understand what they can do to make their offer stand out above other offers, especially in a multiple offer situation. Leaseback for sellers?

What can sellers expect?

1. It is still a very strong sellers market due to high demand and low inventory.

2. Lower interest rates are also adding to the influx of buyers and refi’s

3. If you decide to sell, must price the house according to the market and not what you think the house is worth. The market will tell you exactly what the home is worth.

4. What does the seller need? Lease back? Specific closing dat

5. Understand about setting deadlines and when it is appropriate to do so.

Welcome to the Chappell Real Estate Show! We're Daniel & Roger Chappell, licensed Realtors® in the Central Texas area. This show is all about bringing the latest Real Estate information so that you can buy, sell, and invest with the best! Our personal experience with Real Estate investing, as well as in the business assisting buyers, sellers, and investors gives us a unique perspective on generating wealth through real estate. The Chappell Realty Group team is dedicated to enhancing the lives of the people we serve by cultivating meaningful relationships and providing exceptional client care, while guiding them through their real estate journeys. We are your REALTORS® for life!

Visit us on our website at www.chappellrealtygroup.com & Find us on social media @chappellrealtygroup