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Hot market for Austin is full price Now should be +5%… white hot.
Normal market is -5%.
Same everywhere in the country. Amazing how much money is available if you don’t eat in restaurants
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I was wrong, now is 20-25% above list.
This has saved me a lot initial cost and running cost! My home was built 2005 (3700 sqft) originally sold 800k, went up to $1.25M during 2006-7, then I bought it around $730k below the originally sold price !
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Same in Tahoe. Two houses by my farm just sold at $1.2m
Bought in 2016 for $800k. 45 minutes to Sacramento. 90 minutes to Tahoe. One house sold in December off of Craigslist
They should have waited and listed. Would have got
$1.4m. Horse property with 1000sf guest house, pool
and paddocks.
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