HomeCity Real Estate Blog

We’re nearing the end of February, and the Austin Board of Realtors (ABOR) has recently released January’s market statistics. January showed continued growth in Austin hitting an all-time high in regards to home prices. The median price for Austin-area homes increased 13% year-over-year to $240,000, while the average price jumped 14% to $310,187. This marks the fourth straight month of double-digit gains in home prices, making certain parts of the city inaccessible to people with lower incomes.

“First time home buyers and young families may be pushed farther out into the outskirts of town,” said Keith Dunham, C.E.O. at HomeCity Real Estate. “Places like Downtown, south Austin north of 290, Westlake, Tarrytown, and Hyde Park are simply too pricey

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HomeCity Real Estate sent a team of volunteers to the Zilker Park on February 11th, 2015 to plant trees in support of Treefolks. Treefolks, established in 1989, empowers Central Texans to build stronger communities through planting and caring for trees. Over the years, Treefolks volunteers have planted 1 million trees in Central Texas at schools, parks, in medians, right of ways, community gardens, greenbelts, and on private lands in fire ravaged Bastrop County. They preserve the quality of life for Central Texans by cooling the air, cleaning precious water, sheltering us from the hot Texas sun, and keeping our city green!

After attending a short orientation, the team split into groups and volunteers planted over 1,000 trees in Zilker Park.  They dug

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One of the most important factors in choosing a home for many people is the quality of the public school systems in the area they choose. Starting off your child's education on the right foot can be very important, so choosing the right elementary school is imperative. While there are many exemplary public elementary schools in the Austin area, there are also several that aren't up to par. Choosing the right location can help ensure that your child gets the best early education possible! Some of the higher ranking independent school districts (ISDs) in the Austin area are Eanes ISD, Lake Travis ISD, Dripping Springs ISD, and Round Rock ISD, and you will see most high-ranking elementary schools belonging to these districts. If you notice that most of the

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December closed out the year on a familiar note, as home prices throughout the Dallas-Fort Worth area were recorded at a massive increase when compared to the previous year. Despite a steep affordability decrease of 6.1% to 159 on the affordability index throughout North Texas, closed sales continued to outperform similar numbers from last December, showing a modest 1.7% increase. A large increase in pending sales in the last quarter of 2014 helped drive strong sales numbers as the calendar approached the new year.

“Despite continued drops in inventory, the North Texas market has been bolstered by a substantial increase in pending sales to close out the year,” said Keith Dunham, C.E.O. of HomeCity Real Estate, “and we look for this trend to

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Running is a great way to stay in shape! Every year there are many marathon, half marathon, and 5k races held in the Dallas/Fort Worth area. Courses range from tranquil lakeside trails to inner-city tracks, but all are scenic and rewarding. Whether you're training for your first 5k or a seasoned marathon enthusiast it's always handy to know what races are in your area. We've compiled a list of every marathon in the DFW area for your reference!

1.Cowtown Marathon: 

50k, 13.1M, 5k run. - March 1, 2015

Fort Worth hosts the Cowtown Marathon in March, offering several different race distances including a children’s 5k, adults 5 and 10k, as well as an Ultra Marathon, Marathon, and Half Marathon. This event is family oriented, with about 29,000

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In Austin, 2014 broke records as home prices continued to rise while home sales also increased. This is not surprising, seeing as how the US census bureau named Austin the 3rd fastest growing big city in America since 2000. This is heavily related to our job growth over the last 15 years. 

“Austin continues to have an increasingly growing job market, which is leading to an influx of people moving here. Last year the Austin Business Journal calculated that 110 people were moving to Austin each day, and that number might be growing,” said Keith Dunham, C.E.O. at HomeCity Real Estate. “New home builders are struggling to keep up with the demand, but people still want to live close to Downtown and in Central Austin. This is driving home prices in these

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It’s that time of year again! Time for new homeowners to file for their homestead exemption! If you bought a home in Texas in 2014, you have until April 30th to file for a residential homestead exemption. A homestead exemption refers to exemptions from property tax that homeowners can claim. Homestead exemptions remove part of your home’s value from taxation, so they lower your taxes. For example, if your home is appraised at $35,000, and you qualify for a $15,000 exemption, you will pay taxes on the home as if it was worth only $20,000.

As a homeowner, you may apply for a homestead exemption on your principal residence ONLY. This means the home's owner must live at the home as of January 1st of the tax year, and be an individual (not a corporation or

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It’s that time of year again! Time for new homeowners to file for their homestead exemption! If you bought a home in Texas in 2014, you have until April 30th to file for a residential homestead exemption. A homestead exemption refers to exemptions from property tax that homeowners can claim. Homestead exemptions remove part of your home’s value from taxation, so they lower your taxes. For example, if your home is appraised at $35,000, and you qualify for a $15,000 exemption, you will pay taxes on the home as if it was worth only $20,000.

As a homeowner, you may apply for a homestead exemption on your principal residence ONLY. This means the home's owner must live at the home as of January 1st of the tax year, and be an individual (not a corporation or

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Austin has seen some exponential growth over the past few years. Along with this growth has come a shift in neighborhood sales figures. Because the neighborhoods closer to Downtown have been desirable for some time now, there is little inventory available there anymore. 

“When people are where they want to be, they tend to keep their homes and simply remodel, alternatively, people who are not in their desired certain location will pay more for a home there,” said Keith Dunham, C.E.O. at HomeCity Real Estate.

Newcomers and people looking to move up at a more affordable price are forced to look outwards of central Austin. Places like Austin’s east side, Southwest Austin, and Northwest Austin are blowing up.

“Many areas that used to be starter

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This time of year, one of the funnest things to do is to visit holiday lights displays around town. The Dallas/Fort Worth area is full of holiday attractions from planned shows and events to drive through displays. With so many options, it can be difficult to decide what to see! We've compiled a list of what we think are the best light shows, events, and displays in the Dallas/Fort Worth area. See one or see them all, these are the holiday lights you don't want to miss!

Sparkle! Christmas at the Anatole!

A $20 ticket ($15 for 4-12 and seniors, and free for 3 and under) will get you access to a whole host of holiday activities that will transform the Anatole into a winter wonderland! You can expect and indoor ice skating rink (with skates

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