HomeCity Real Estate Blog

It’s July in the Dallas/Fort Worth area, and our weather matches our real estate market… HOT! July marks the middle of the year for 2014, and the North Texas Real Estate Information Systems (NTREIS) has released their market statistics. Let’s take a look at what’s taken place over the first six months of this year:

DFW-area home sales decreased 2.3% year over year to 45,848 homes sold. Statistics show activity is picking up in the upper price tiers, while the lower price tiers are slower. This is probably due to the lack of access to mortgage capital in the lower price ranges. The average number of days homes spent on the market was 55, which is 11.1 days fewer than the first half of 2013. The median price for single-family homes rose 6.8% year

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It’s July in Austin and our weather matches our real estate market… HOT! July marks the middle of the year for 2014, and the Austin Board of Realtors (ABoR) has released their market statistics. Let’s take a look at what has taken place over the first six months of this year.

Austin-area home sales increased 3% year over year to 13,426 homes sold. We are currently on pace to exceed 2013’s all-time high in sales volume! The average number of days on the market was 47, which is seven days fewer than the first half of 2013. The median price for single-family homes rose 7% year over year to around $239,900. Additionally, the average home price increased 6% to $308,298. Over four billion dollars ($4,139,209,987) worth of single-family properties sold in

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HomeCity Real Estate sent a team of volunteers to the Austin Animal Center on July 24th 2014. The Austin Animal Center, the largest municipal animal shelter in Central Texas, provides care to over 20,000 animals annually. Focused on placing all adoptable pets in “forever homes” through adoptions, foster care or reuse partner groups, this facility helps to nurture and rehabilitate abandoned dogs, cats, and other animals. In fact, the Austin Animal Center accepts most stray and owned animals regardless of age, health, species or breed.

After attending a short orientation, the team of volunteers began choosing large dogs to walk, pet, and play with. The facilities are equipped with private caged play areas, grassy, shaded leash-walking areas, and small

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Dallas/Fort Worth Upcoming Events!

Cirque du Soleil: Michael Jackson The Immortal World Tour

Cirque du Soleil will present Michael Jackson The Immortal World Tour on Friday, July 25th and Saturday, July 26th at the American Airlines Center. Featuring 49 international dancers, musicians, and acrobats, it is presented in a rock concert format that combines the excitement and innovation of Michael Jackson's music and choreography with Cirque du Soleil's unparalleled creativity. 

Aimed at lifelong Michael Jackson fans as well as those experiencing Michael’s creative genius for the first time, the show captures the essence, soul and inspiration of the King of Pop, celebrating a legacy that continues to transcend generations. Tickets range between

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Austin Upcoming Events

“When Austin Got Weird” Exhibit opens

Take a trip down Austin’s memory lane at the Bob Bullock Museum with the “When Austin Got Weird” exhibit. Although it was not officially trademarked until 2000, people have been proudly identifying with our cities slogan for quite some time. Using music poster art that captures the spirit of the counterculture movement of the 1960s and ’70s, the exhibit explores the poster artist and music venues that defined Austin’s cultural scene between 1967 and 1980. The exhibit opens Friday, July 11 and is on view through September 14th. For more information, visit their website.

  

18th annual Austin Chamber Music Festival

The Austin Chamber Music Festival is a celebration of

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The Austin Business Journal has named it’s 2014 Best Places to Work in Austin, and HomeCity Real Estate ranked number 3 in 
the medium size category. The brokerage was honored at their annual luncheon on June 26th, 2014 at the Renaissance Austin Hotel.

Each year, the ABJ uses an external firm to confidentially survey employees and assess their happiness in the workplace. The top performers are then ranked in the categories of micro, small, medium and large. Qualifying companies are ranked based on their performance in areas such as company climate, workplace atmosphere, leadership and management, compensation and benefits, as well as growth and development.

“We are incredibly honored to be ranked among some of the greatest companies in one of the

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It’s almost half way through 2014 and summer is in full swing! School is out and everyone is barbecuing and participating in summertime activities! As far as our real estate market goes, we continue to see a strong sellers market. Inventory remains low even though the number of listings on the market actually grew year-over-year. 

North Texas Real Estate Information Systems (NTREIS) recently released the latest housing market stats which showed Dallas/Fort Worth-area home sales decreasing 10.6% to 8,866 single-family homes sold in May 2014. This is mainly due to lack of inventory. According to the report, monthly housing inventory decreased 15.7% year-over-year to 3.5 months in May. DFW homes also continued to sell at an accelerated rate, spending

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It’s almost half way through 2014 and summer is in full swing! School is out and people are enjoying time on the lake and attending all of the fun events around town just about every weekend. As far as our real estate market goes, we continue to see a strong sellers market. Inventory remains low even though for the first time in more than three years the number of listings on the  market actually grew year-over-year.  

The Austin Board of Realtors (ABoR) recently released the latest housing market stats which showed Austin-area home sales increasing 3% to 2,943 single-family homes sold in May 2014. According to the report, monthly housing inventory decreased 0.1 month year-over-year to 2.6 months in May. Austin-area homes also continued to sell at

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Events coming up in the Dallas/Fort Worth Area: 

2014 Flavors of Dallas

Flavors of Dallas will be held Wednesday, June 25th at the Hyatt Regency Dallas. This unique gourmet experience features top chefs from around Dallas-Fort Worth assembling for a night of exquisite food, fine wines and elaborate table décor designed by each chef. Guests can watch and interact with the chefs, who prepare five-course meals paired with wines for tables of 12. 

Flavors was first stirred together in 1991 by James Beard Award winning chef Christopher Gross in Phoenix. Chef Gross and other area chefs were interested in supporting the mission of the American Liver Foundation. Today the event is hosted by the organization in 20 cities across the country and raises

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Upcoming Austin Events 

House of Torment presents "Apocalypse: Live Action Zombie Experience"

Convinced the zombie apocalypse is upon us? This might be the perfect event for you! House of Torment returns for a live-action zombie experience to be held the weekends of June 13th  and June 20th. Participating Austinites will get to fight back in the multi-level “horrorplex” with a fully immersive experience that pits teams of around 4 players against the hordes of zombies. Guided through the experience by commanders with differing missions, and armed with life-like laser weapon equipment (complete with CO2 canisters for real recoil) the newly recruited servicemen and women have to do whatever it takes to get out alive. The events will be held at the

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