HomeCity Real Estate Blog

HomeCity Real Estate is offering recently sold home prices to homebuyers in the Dallas, Ft. Worth, and Austin areas. Our website now provides homeowners recently sold home prices, sales price history, and our REALTOR®s provide home value information. This is a first of its kind website feature that has been used exclusively by REALTOR®s in the past, but is now available to consumers simply by registering on Homecity.com. 

HomeCity is taking home real estate sales to a new level by offering information online that has never been offered before. The sales price history is a key piece of data to know how much the home actually sold for in the past.  The information will help consumers navigate the red-hot housing market by having all the market data

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Continuing on the recent trend, March saw a steep increase in home prices throughout the Dallas-Fort Worth area. Likewise, the overall Housing Affordability Index, which was rated at 164, recorded a mild dip of 0.8% from the previous year, bucking the trend that had taken hold in the first two months of 2015. Despite these two metrics, the market appears to be well on its way to a full recovery, with closed sales making an impressive rebound to 0.6% higher than last year. Promising closed sales were also met with a rise in pending sales as compared to January and February of this year, setting the stage for a strong market entering the spring and summer months.

“Inventory woes continue to hamper the market’s growth, but all expectations are for a

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Summer is upon us, finally! All over the city, people can be seen out and about enjoying everything that Austin has to offer. Upcoming events include Blues on the Green, which is a free concert series in Zilker Park that happens every other Wednesday. Families, young people, and basically all music lovers gather for this annual favorite. The Pecan Street festival is also an upcoming event you won’t want to miss. Claiming to be the oldest and largest art festival in Central Texas, the festival features art, music, and fun for the whole family. Athletes in Austin can participate in the upcoming Captex Triathlon near the end of May as well.

On a real estate note, we saw that last month almost half of all of the homes sold in Austin were outside the

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MSN Money recently did a story on the happiest (and most miserable) cities in America. Austin ranked number 6 happiest with North Port-Sarasota-Brandenton, Florida topping the list. Other happy cities included El Paso at number 5, Ventura, California at number 4, Raleigh, North Carolina at number 3, and Urban Honolulu, HI at number 2. What was the most miserable town, you ask? Youngstown-Warren-Boardman, OH/PA.

MSN used the 2014 Gallup-Healthways Well-Being Index to measure stats like median household income, percentage of violent crime, and percentage of obese people when determining happiness levels, and concluded that overall well-being captures happiness well. Happier workers are more productive, a healthy economy improves happiness, and that

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Dallas and Austin are two cities that have recently made a significant impact in the housing market. According to a report featured on Culture Map, a source for entertainment, events and news in Texas, Austin ranked as the number one U.S. city for best housing market to invest in this year—Dallas is close behind and ranked five.

How different is the real estate market in these two cities? Over time, their home values have slightly depreciated. According to Local Market Monitor, a website that forecasts home prices, Austin’s housing market is overpriced by 8 percent. In contrast, the housing market in Dallas is underpriced by 9 percent. However, this has not impeded Austin’s ability to flourish. The population in Austin grew by 8.9 percent from 2010

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With our city's landscape changing so rapidly, both the physically and digitally, HomeCity Real Estate has recently updated its website, www.homecity.com. It has done so to ensure the highest quality user experience possible and streamline the home search process for its users. HomeCity 2.0 still has all the same features, but is packed with many more, all with a new streamlined, sleek look.

HomeCity is a local brokerage, whose website is one of the most widely used home search websites in the Austin area with thousands of visits per day, and tens of thousands of registered users. Unlike websites like Trulia and Zillow, their website hosts all MLS listings which are completely up to date and refreshed every few hours. HomeCity has added different

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February featured rising home prices throughout the Dallas-Fort Worth area, as has been the trend for the past few months. Despite the increase, housing affordability remained up following January’s steep increase. The overall Housing Affordability Index report was 1.2% higher than a year ago, with a rating of 172. This change was likely a byproduct of a substantial drop in closed sales for the month, which were down 9.1% from last February. Pending sales figures dropped in a similar fashion as compared to early in 2014, marking the second time in as many months that pending sales have failed to meet the marks of the previous year.

“As has been the case for a while now, inventory woes are hampering the recovery of the Dallas-Fort Worth market,”

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Spring is here, and the city of Austin is bustling! We just wrapped up SXSW and have tons more fun events on the horizon. Austin Fashion Week (April 10 – 18th) is right around the corner, showcasing some of Austin’s best local designers. The Moontower Comedy and Oddity Festival (April 22 – 25th) showcases some of the best comedy from around the country, and is held right here in Austin! Austin Food and Wine Festival (April 24 – 26th) features some of the best chefs from around the country as well as the amazing local chefs that reside in Austin. Finally, Eeyores Birthday Party (April 25th) is an Austin tradition that keeps Austin weird by celebrating the depressed donkey in Pease Park with a city-wide celebration! The real estate world is heating up

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The first month of the new year continued on many of the trends from the last quarter of 2014, as home prices throughout the Dallas Fort-Worth area were recorded at a dramatic increase from the previous year’s numbers. Affordability, on the other hand, showed a major jump from the previous month to within 1.0% of last January’s numbers at 182. This could have been a byproduct of a drop in closed sales, which were down 7.4% from a year ago. Similarly, pending sales figures dropped significantly as compared to the figures from early 2014.

“The North Texas market has been heavy with buyers for months, but it looks like the market’s inventory woes will continue to slow its recovery early in 2015,” said Keith Dunham, C.E.O. of HomeCity Real Estate. With

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HomeCity congratulates all winners and nominees of the Austin Business Journal’s 2015 Residential Real Estate Awards! ABJ recently held their annual awards ceremony which honored Austin’s most successful real estate agents and homebuilders. The event took place at the Hyatt Regency downtown ballroom on Lady Bird Lake and more than 640 people were in attendance. HomeCity Real Estate’s Kirk Lewis took home the number four spot this year, out of 50 realtors who were honored at the luncheon.

“Austin is such an amazing place to live and work,  I am truly blessed to be a part of this town and this industry,” said Kirk Lewis. “I have amazing clients who continue to refer business to me and I am truly thankful. I have had a remarkable 14 years in this business

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