December 2024 Housing Market Report for Austin, Texas

Austin Housing Report for December 2024.

Topics:

Exciting Housing Market Updates! Check out our latest video for insights on the Austin market.

◆ Sales Surge: November home sales jumped 7.97% compared to November 2022, signaling renewed buyer interest.
◆ Luxury Shift: The luxury market is a buyer's market, with increased competition, longer selling times, and more price reductions.
◆ 2025 Forecast: Home prices are forecasted to climb 3% in 2025, and buyers should brace for a more competitive market as they capitalize on potential rate decreases.
◆ Market Dynamics: Only 5-24% of homes sell monthly, meaning sellers may face longer market times and increased competition.
◆ New Construction Opportunity: Builders are offering enticing deals like 3.99%-5% interest rates and paid closing costs, with room for further negotiation.

Now is the perfect time for us to chat and create your game plan for 2025!

Contact Information:
Brendan Sanford
(512) 696-0673
Keller Williams Realty
[email protected]
Top 1% Realtor in ATX

Check Out Our:
Facebook: / sanfordrealty1
Website: www.SanfordRealty.com
Instagram: / brendanatxrealtor
Twitter: / brendansanford2

Sources:
Housing Trends Report (NAHB)
MLS Data
WSJ
HousingWire
MBA
HUD
NAR
Mortgage News Daily
ResiClub
Fannie Mae, MBA, Wells Fargo
ATTOM Data
Odeta Kushi, Deputy Chief Economist, First American
Ali Wolf (2020)

About Me:
As a top realtor in Austin, Brendan is dedicated to listening to his client's needs and simplifying the complexities of real estate through education and guidance, empowering Austinites to build wealth through estate sales and purchases. Whether this is your first home, second home, or dream home, Brendan will expertly lead you on a path to achieving your unique set of goals!

Over the years Brendan has sold over $125 Million in Real Estate and has received multiple awards in the industry. 2023: #1 Agent in Keller Williams Austin NW Office, Top 1% of Realtors in Austin, Texas - PT50. 2022: Top 1% of Realtors in Austin, Texas - PT50, Quadruple Gold Medallion Status, #2 Realtor in Keller Williams NW with 18 Million Sold in Real Estate, #1 Realtor in the Keller Mortgage Program (saving $135,000 in fees for clients), 2021: #2 Realtor in Keller Williams NW. 2021 Platinum Top 50 Top 500 Realtor in Austin. 2020: Top 3.5% of all Real Estate agents and awarded the 2020 Platinum Top 50 Top 500 Realtor in Austin. In 2019, he was awarded "10 Best Real Estate Agents - Exceptional and Outstanding Client Service" by the American Institute to Real Estate Agents. In 2016 & 2015, presented with the Master Ruby award for his commitment to extraordinary client satisfaction. Along with multiple other achievements, he received the Top Leadership Producer, 2015 Top 100 REALTOR in Q1, and 2014 Silver Eagle Sales Award. Top realtor in Austin, Texas, Best realtor in Austin, Texas.

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DISCLAIMER- This video was made for educational purposes only. The suggestions, advice, guidance, and/or opinions that are given by Brendan Sanford at Keller Williams Realty are simply opinions. There are no guarantees of set outcomes and this video does not consent to a client relationship. Listeners, guests, customers, and attendees are advised to always consult with their attorneys, accountants, and other licensed professionals regarding a real estate transaction in Texas. Listeners, guests, customers, and attendees are to hold Brendan Sanford and Keller Williams Realty brand harmless from any liabilities and claims.