As March comes to a close and we prepare for an early 3-Day Easter weekend, followed by the Central Texas Solar Eclipse offering an extra Monday off for many, we're in for unusual back-to-back 3-day weekends.

In this week's market update, we'll hop into Austin's housing market from its recent boom to post-pandemic shifts. Investors, don't miss the 9 house-flipping tips tailored for the risk-averse, and March market madness, the top college markets great for cash flow.

It's Multi-Family week, so we dissect the residential multifamily housing data for the Austin MSA, offering our unique insights to navigate this evolving real estate landscape.

We're here to also help guide you through the headlining changes coming, the new rules, changing practices, and fee structures across the country, ensuring you stay informed and empowered!

The Cossette Team

(512) 299 5904

Do you know anyone who may need our services? Feel free to pass this email along so we can chat with them about help with their real estate needs!

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Local News

Inside Austin's housing boom and bust

It's sunny climate, expansive state parks and relative affordability attracted an influx of buyers during the pandemic. But is Austin's housing bubble is finally set to burst?

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Fredericksburg named top family-friendly travel destination in the US

A popular Texas Hill Country town was named the top family-friendly travel destination in the United States.

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This Weeks New Listings

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Local Market Update

As we have been operating in the multifamily space, both residential and commercial we're finding the multiplex data to be somewhat scarce and rather scattered so we're tracking and interpreting it ourselves, for our investors, and sharing it with you.

The biggest takeaways from these stats are...

  1. Reduced Time on Market: The average days on market for multi-family properties dropped significantly from 81 days last month to 53 days this month. Compared to last February's 69 days, this shows a notable increase in demand. Although the median sold price remains 6% below 2023 and 4% below January, investors are capitalizing on recent price declines, driving demand despite rising interest rates.
  2. Surge in Pending Contracts: Pending contracts spiked by 54% (13 properties) from last month and 60% (14 properties) from last February, also indicating a boost in demand. While transaction volumes are lower compared to single-family stats, each sale carries significant weight. Despite the smaller data set, we anticipate short-term price increases as rents are expected to rise during the spring and summer, boosting returns and investor appeal.

Duplexes For Sale

Triplex & Quads For Sale

YOY Highlights for the Austin MSA Res Multifamly!


Units Sold:

25 up 31.58% from February 2023


Average Sales Price:

$640,257 up 3.84% from February 2023


Average Days on the Market:

53 days down 16 days from February 2023

Pending Contracts:

37 up by 61% from this time last year

The Cossette Team


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Market & Investor Insights

9 House-Flipping Tips for the Risk-Averse

Investors and house flippers this is a great article for those getting started and currently in the game. Looking to flip hoses but concerned about risk? Here are some tips from Walker and Williams to very experienced house flippers for minimizing risk and keeping deals flowing in todays tight real estate market.

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Market Madness: 10 College Markets That Cash Flow

With the college sports NCAA basketball season's thrilling climax this coming week, this is also an exciting time for real estate investors who own rentals in college towns. Having the national spotlight focus on a college town where you invest is like having huge ads placed outside your property to attract future tenants. 

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Also don't forget every week we analyze hundreds of properties for positive cash-flowing investor deals.

We're finding gems, packaging them up, and sending them out on a silver platter!


Want to see these deals weekly? Reach out and let us know

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24 Great Spots For Easter Brunch In Austin (2024) | The Austin Things

Easter is here! Have you made your brunch plans? If you're planning to do an easter brunch in Austin 2023, make sure you book reservations. Easter Brunch around here is a religion.

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The Cossette Team

(512) 299 5904

Do you know anyone who may need our services? Feel free to pass this email along so we can chat with them about help with their real estate needs!

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