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Austin’s Real Estate Roundup: Rent Trends, Tax Hikes, and 3D-Printed Neighborhoods Stirring Up the Scene!

Austin Local Team

August 15, 2024

Howdy, Austin! 🌵 It’s Thursday, August 15, 2024, and while the sun’s getting ready to tip its hat goodbye at a friendly 8:12 PM tonight, we’re just getting started with the latest buzz that’s got our city talkin’—all things real estate and construction, coming at you straight from your pals at Austin Local Team. 🏡

Let’s dive right in, shall we? Today, it seems the construction gods have taken a siesta, with no new permits on the books for Travis, Williamson, Hays, or Bastrop counties. But don’t you worry; Austin’s real estate scene is still as lively as a two-stepping contest on a Saturday night. 🏗️

Here’s What’s Shakin’ in Austin Real Estate:

Trends in Asking Rents as Vacancies Remain at Record Levels

  • Why It’s Hot: Renters, rejoice! It looks like now’s your chance to snag a deal, as median asking rents take a dip. This shift could mean a cooler rental market is on the horizon, offering some relief in our sizzling city. Read More

Council OKs Raising Property Tax, Adding Funds for Homeless Services

  • Why It’s Hot: With a new budget of $5.9 billion that’s fattening up property taxes and funding for homelessness, it’s a big move that could shake up property values and the appeal of our beloved neighborhoods. Read More

New Rules for Realtors Set to Change the Texas Homebuying Scene

  • Why It’s Hot: Buyers, you’ll want to cozy up with an agent before eyeing your dream home. These changes are set to make waves in how we do the real estate dance here in the Lone Star State. Read More

World’s Largest 3D-Printed Neighborhood Nears Completion

  • Why It’s Hot: Just outside our city limits, a neighborhood is rising from the ground up, thanks to some groundbreaking 3D printing tech. It’s a peek into the future of sustainable living right here in Central Texas. Read More

Why Now Is a Great Time to Be a Renter in Sun Belt Cities

  • Why It’s Hot: With rents on the decline, especially in spots like Austin, it’s a golden hour for renters. Property managers are dangling carrots, making it a sweet time to snag a lease. Read More

📣 Calling All Austinites Looking to Buy, Sell, or Lease!

Feeling the Austin real estate buzz and ready to dive in? Whether you’re looking to buy your dream home, sell your current pad, or find the perfect rental, Austin Local Team is here to guide you through it all like a true Austinite. 🌮

Don’t be shy—fill out the form at the bottom of the page and let’s get started on your real estate journey. We’re here to make sure you find your perfect slice of Austin to call home. 📝 Find Your Austin Home

And hey, while you’re out there enjoying our city, don’t forget to stay hydrated and cool, especially with today’s high touching a scorching 101°F. After all, we’re not just about keeping you informed on real estate—we want you safe, happy, and ready to enjoy everything Austin has to offer. 🌞

Stay weird, stay informed, and most importantly, stay in love with Austin. Until next time, friends! 🎸💕 #KeepAustinInformed #SmartAustinRealty

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