All Blog Entries by Karli Jaenike

There are currently 227 blog entries published by Karli Jaenike.

April 2017 Austin Housing Market Statistics

Single-family home sales declined across the Austin-Round Rock Metropolitan Statistical Area (MSA) and increased in the city of Austin in March, according to the March 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS. Analyzing a growing disparity in market conditions among housing price classes, the report underscored the need for policies that create additional housing capacity to meet the market demand and a broader range of housing types throughout the region.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “Growing disparities in housing market conditions at all levels of pricing represent an urgent and immediate need to fill the 'missing middle' in the region’s housing stock.

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home improvements that add property value

When preparing to sell your home, or simply trying to give it a facelift, it’s common to wonder what updates will provide the most return on investment. Which improvements or additions will add to your home's property value and equity? After all, if you’re going to put in the money to improve your home, you will want to know that your efforts could provide a return in the long run.

It’s smart to be thinking about the future equity of your home, and these are questions our agents here at HomeCity get asked a lot. There is no one, go to upgrade that will work in every situation and with every budget. However, here are some of our top suggestions – straight from the experts themselves!

Upgrade the kitchen and bathrooms. Remodeling the kitchen and

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Written By: Katie Bassett

 homeowners association fees

Gated communities with sparkling swimming pools and band new gym equipment. Walking trails, playscapes, and community events. Amenities like these are desired by many and found in condominiums, townhomes or planned developments across the country. While services vary based on where you live, one thing will be forever present if you are looking for a community home – a homeowner association (HOA) fee. A monthly or annual payment in return for the upkeep of a property, the HOA fee might cover some of the finer things in life like an exotic landscaping, a clean pool or a new gym.

Conflicting opinions run rampant regarding HOA fees, but trends over the past decade indicate a steady incline, which is alarming to everyone

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March 2017 DFW Housing Market Update

Demand for housing has remained strong throughout the country, but particularly so in the DFW area. Low supply, as usual, has been making for an incredibly competitive atmosphere for those hoping to buy homes. Home prices have continued to rise, and the low inventory is causing affordability issues for first time home buyers and those looking for more affordable housing options.

Even with the affordability crunch, demand continues to outpace supply, making it a seller’s market. In fact, experts argue that this could be the best time to list a home on the market all year! Zillow recently released a report that narrowed down the best time to sell in multiple metro areas across the US. Dallas-Fort Worth’s ideal time frame to sell is listed as May 1 –

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March 2017 Housing Market Statistics

The Austin Metro expanded 2.0 percent from July 2015 to July 2016, according to the latest Census. That makes it the ninth fastest growth rate among U.S. metro areas, and Austin is the fastest growing metro of its size. The city continues to grow even faster than experts predicted, adding a net of 159 people per day on average (this includes births, deaths, and migrations). If we’re talking about migrants only – about 110 people per day moved to the Austin area last year. 

By this time most Austinites know the drill. Outsiders are being drawn to the city because of our extremely healthy job market and our exceptional quality of life. "Austin's enormous population growth continues to be driven mainly by in-migrating households drawn here by

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millennial homebuyers buy their first house

Recently millennials, those born between 1981 and 1997, surpassed baby boomers as the largest share of homebuyers according to the 2015 NAR Home Buyer and Seller Generational Trends study. Overcoming generational hurdles like crippling student debt, post-recession low salaries and a more unstable lifestyle, more and more young people are entering the housing market. In fact, millennials are expected to form 20 million new households by 2025. While it’s perceived that millennials are postponing home ownership, studies show that over 49% of young renters say that their next move would likely be to own a home.

It can be scary to make such a large purchase, especially when you’re just starting your adult financial journey. However, knowing what to expect

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how to make new mommy friends

Written By: Jen Glatz, Realtor®

Moving to a new area can be both overwhelming and intimidating. Throw in a kid…or four…and to some, the task might seem daunting.  If you’re a mom or dad who works outside the home, then you’re in an environment conducive to meeting like-minded people. However, it’s a whole different ballgame if you’re a work-from-home parent or stay-at-home parent. Outside of a work environment where you’re organically socializing with individuals who share a common interest, kids can be the best way to make new friends. Children are naturally friendly, curious creatures.  So, hitch your wagon to your child’s personality and get ready to meet some new friends!

That seems simple enough, and reading it might feel a little

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February 2017 Dallas/Fort Worth real estate market statistics

The new year has brought out a rejuvenated crop of buyers with renewed enthusiasm, excited to buy homes. Home sales may still inevitably start slow in the first half of the year due to low inventory. Continued drops in the number of homes available for sale could push out potential buyers who can't compete for homes selling at higher prices in a lower number of days, especially if mortgage rates continue to increase. North Texas Real Estate Information Systems recently released their monthly housing market report which cited rising home prices and dwindling inventory.

If you can afford it, now is the time to buy! Interest rates are still low, and home prices are still reasonable. They’re rising rapidly, however, with the median sales price jumping

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January 2017 housing market statistics

It looks like Austin’s surrounding areas have caught up to the cities low inventory levels, with Williamson County at 1.8 months of inventory and Hays at 2.5. Not surprisingly, the city of Austin itself sits at the lowest inventory of 1.4 months, making the whole Austin-area an average of around two months. What does this mean for potential homebuyers? It means that even if you’re looking outside of Austin proper, the market is going to be competitive!

First time home buyers searching for homes for sale in Austin might have to expand their search to the south or east where inventory is a bit higher, and prices are a bit lower. There are still great houses available near the city center, but they will cost you. The median home price in Austin right

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 couple moving into home

Congratulations, you’ve found the perfect place to live and can’t wait to settle into your new home. The only thing left to do is - the dreaded move. Packing up your place and relocating to another can be not only tedious and time-consuming, but often expensive! 

However, there are tips and tricks used by the professionals that can make the moving process less of a headache. We asked some of the best in the business what they suggest doing to keep things organized before, during, and after the big move.  

Plan, plan, plan.

Professional organizer Jennifer Lava suggests starting as early as possible in your planning and scheduling. “Keep a master to-do list of all moving-related tasks. Then use your calendar to schedule and plan them out to

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