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Lots of talk about the Austin Real Estate Market, here are my Hot Takes: ( unfiltered)

1. "The suburbs are the new luxury."
With inventory climbing in central Austin and luxury builds booming in Bee Cave, Dripping Springs, and Lakeway—buyers are finding more space, views, and lifestyle outside the city. We are seeing luxury buyers choose luxury suburban markets. 

2. "Everyone's focused on interest rates—but it's inventory that's really shaping the market."
Rate talk dominates headlines, but in many Austin neighborhoods, lack of quality listings is what’s keeping values firm and competition alive. Most of the Austin neighborhoods have over 4 months of inventory. A true balances market is 6 months, but overall, most of Austin is a buyer's market due to the inventory levels for them to choose from.

3. "You’re not just buying a house—you’re buying a neighborhood identity."
In Austin, buyers are just as obsessed with the vibe of the zip code, as they are with the specs of the home. This goes into the location, location, location category. Buyers that want amenities are choosing neighborhoods with that, just like buyers who want walkabilty will choose urban locations for that lifestyle.

4. "The days of list-and-pray are over. Strategy wins now."
With buyers getting pickier and homes sitting longer, the agents still using 2021 playbooks are getting left behind. Prep, pricing, and marketing matter more than ever. Pricing strategy is more important than EVER. If you start high, you are hurting yourself. Buyers are too savy to be overpaying in a buyer's market.

5. "Tech layoffs didn’t crash the market—but they did shift who’s buying."
Out-of-state buyers are still coming, but now it’s more high-net-worth relocators than remote-working millennials.  

6. "If you wait for the ‘perfect time,’ someone else will buy your dream home first."
Trying to time this market is like trying to time the stock market—action and clarity beat hesitation.  If you are waiting for rates to drop, you are missing out on a deal you could be getting. The market is NOT waiting for you.

Looking to have a conversation about the real estate market and what that may mean for you? Let's dive in.