Happy Thursday!

With the 4th of July just around the corner, it's time to plan for back-to-back weekends of exciting holiday celebrations!

This week, we're highlighting the top Independence Day events in Austin to make this year's 4th of July unforgettable. In addition, we're proud to share the 6 Austin companies, that have been named best places to work in the U.S., according to US News our city's corporate culture still has a desirable edge despite what some recent media headlines are saying.

In real estate news, we're comparing the national market stats with local trends. While the national market and the Austin's market tell a different story with varying signals in sales, price trends, and inventory levels.

Whether you're buying, selling, or investing, our expertise will help you navigate the evolving market landscape.

According to the latest Redfin and NAR Reports

"There have only been 2 months in the past decade with fewer home sales" and at the same time "the median U.S. home sale price hit a record high in May. The highest price ever recorded and the 11th consecutive month year over year price gains"

Whoa Big Headlines in National Housing News

According to the latest Redfin and NAR Reports for May 

"There have only been 2 months in the past decade with fewer home sales" 

and at the same time 

"the median U.S. home sale price hit a record high in May. The highest price ever recorded and the 11th consecutive month year over year price gains"

And while "Nearly one out of every five homes for sale faced a price cut"

RE/MAX National Housing Report for May 2024 

May's National real estate data paints a vivid picture of the market's dynamism. With home sales soaring by 8.7% from April, driven by a notable 7.5% surge in new listings, the market is buzzing with activity. This surge has expanded inventory by 6.8%, hinting at a potential shift towards balance, although seller's markets still prevail. Median sale prices have hit $435,000, up 2.4% from April and 4.8% from May 2023, naturally regional disparities are also impacting sales and pricing trends.

>>> Austin MSA 7yr Trend Graphs <<

DFW MSA| Houston MSA | San Antonio MSA

Sellers are fetching 100% of their listing prices, underscoring sustained demand, while the slight decrease in days on market to 30 suggests some regional variations influencing inventory levels. Some markets have low inventory, indicating heightened demand, while others offer more options for buyers.

Navigating these fluctuations calls for the expertise of a trusted local realtor to secure the best deals and make informed decisions​

Austin MSA Compared to The National Ave

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