05-06-2021, 05:14 AM
Location: Austin, TX via San Antonio, TX
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Reputation: 5702
Parents put in an asking offer and quick close on a house in San Marcos over the weekend. Of course there was an offer “considerably higher.” Parents aren’t willing to get in the game and that’s why they aren’t getting any of these offers. I don’t know what it’ll take for them to realize they need to actually put in over asking to get a house. House was listed Thursday, they saw it Saturday and they stopped accepting offers yesterday. Ugh.
05-06-2021, 09:09 AM
Location: Avery Ranch, Austin, TX
8,977 posts, read
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Reputation: 4001
Quote:
Originally Posted by
ashbeeigh
Parents put in an asking offer and quick close on a house in San Marcos over the weekend. Of course there was an offer “considerably higher.” Parents aren’t willing to get in the game and that’s why they aren’t getting any of these offers. I don’t know what it’ll take for them to realize they need to actually put in over asking to get a house. House was listed Thursday, they saw it Saturday and they stopped accepting offers yesterday. Ugh.
I guess you could say I have mixed feelings on this phenomenon. DW works for one of the major companies helping fuel this explosive growth and the attendant housing situation. I hope said company continues to flourish; but I'm having trouble seeing what's what in the next 3-5 years.
Meanwhile, WE would like to downsize and wouldn't mind moving a little farther north(currently in Avery Ranch) to do so. UNfortunately, the market even 10 miles farther out is absolutely crazy(talking ~30 miles from downtown).
DW has some contact with her company's new arrivals and I figured we could sell our place to one of them in about five minutes!! Then, of course, WE would have no place to go!!!
I just can't imagine what 2025 will bring
05-06-2021, 09:38 AM
11,800 posts, read
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Reputation: 9946
Quote:
Originally Posted by
10scoachrick
I guess you could say I have mixed feelings on this phenomenon. DW works for one of the major companies helping fuel this explosive growth and the attendant housing situation. I hope said company continues to flourish; but I'm having trouble seeing what's what in the next 3-5 years.
Meanwhile, WE would like to downsize and wouldn't mind moving a little farther north(currently in Avery Ranch) to do so. UNfortunately, the market even 10 miles farther out is absolutely crazy(talking ~30 miles from downtown).
DW has some contact with her company's new arrivals and I figured we could sell our place to one of them in about five minutes!! Then, of course, WE would have no place to go!!!
I just can't imagine what 2025 will bring
https://communityimpact.com/austin/c...spiked-prices/
Yup, that’s the crappy thing about selling right now. There’s not many places to go.
05-06-2021, 10:20 AM
Location: Round Rock, Texas
12,950 posts, read
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Reputation: 14010
Like Hutto isn’t really on any of our top 5 lists here. Lol
05-06-2021, 10:24 AM
11,800 posts, read
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Reputation: 9946
Quote:
Originally Posted by
ScoPro
Like Hutto isn’t really on any of our top 5 lists here. Lol
Did he put down a large down payment or extend the loan terms beyond 30 years?
05-06-2021, 10:47 AM
Location: Round Rock, Texas
12,950 posts, read
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Reputation: 14010
Minimum down payment for a 30 year mortgage, IIRC.
05-06-2021, 12:12 PM
Location: Round Rock, Texas
13,448 posts, read
15,481,027 times
Reputation: 18992
Quote:
Originally Posted by
Need4Camaro
Interesting article. And spot on re: people building on the higher sold prices. At first, people were asking for the high 500s/low 600s at the tale end of 2020, then a home in 2021 hit the market for 675k. That home sold, and then two more homes hit the market for 675-685k. then the home that was priced at 675k closed at 875k. Another home or two hit the market, and they were now asking for 700-750k, with the 750k home being dated. The 685k home closed at 836k, so now we have two comps that are in the 800s. One of the 700k to start homes went under contract over the weekend with multiple offers, wouldn't be surprised if it closed at 800k or so, given that it was updated and had a pool house. It is a little over 3000 sq ft between the two homes. The homes I've mentioned are in the 3000 sq ft and up range. So now there's a floor selling price of 800k now.
As the shocked transplant laments, the days of getting a really large home in a sterling school district for 500k-600k are over.
In my neighborhood and surrounding area, smaller homes (2800 sq ft) are asking for 500-550k, and getting far more. One recently closed on another street for 700k. So if you're expecting 3000 sq ft, be prepared to spend 700-800k and while the schools are good, they're not the best of RRISD.
It's not affordable to live in Austin or the inner ring suburbs any longer.
03-25-2023, 11:31 AM
Location: Austin, TX via San Antonio, TX
9,851 posts, read
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Reputation: 5702
Update in 2023: The house mentioned above had something like 32 offers. Not sure what the selling price was (it might have been the one mentioned a few pages back they was sold at 447k). But, the guy who bought it is currently trying to sell it for $639k. He tried to sell at this price once last year as a FSBO and is trying this year with a realtor. I don’t understand why a smart realtor would even suggest going in at this price. But that’s not my problem.
Last edited by ashbeeigh; 03-25-2023 at 11:54 AM ..
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Housing units in structures - 1, detached (%)
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Most Common Occupations - Construction and extraction occupations (%)
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Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
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Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
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House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
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House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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