Austin Real Estate Blog | Engel & Volkers

Since accepting the Leasing manager position at the brand new Engel & Volkers at The Domain, 2 questions are consistently asked by my budding new agents.  First: “How do I farm an area, which area, does it work?” Second: Why do a lease if it lots of work for a couple hundred dollars, is it worth it?”   I know what you’re thinking… Thats more than 2 questions.  True, but the point is: How do I farm?  Why lease?   Here is a story that is a nice lesson for investors and agents alike in how leasing has turned into real money.   The Joe Story   Names and addresses have been changed to protect the savvy and the successful!   As a young agent I was eager to get new clientele.  I was full time, had lots of time on my hands, and no…
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According to the July 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. Across the Central Texas region, 4,230 single-family homes were sold in July 2016, a decrease of 3.1 percent compared to July 2015.

“When it comes to sales volume, we’ve grown very used to seeing year-over-year increases every single month, but it’s important to remember that 2015 had the strongest summer selling season in the region’s history,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS­®. “The value of Central Texas real estate has continued to increase, which is good news for homeowners, but those rising prices could start to have a cooling effect on sales volume in the market amidst growing affordability

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Texas home sales and prices experienced strong gains in the second quarter of 2016, according to the 2016-Q2 Texas Quarterly Housing Report released today by the Texas Association of REALTORS®.

“The last few months have been one of the strongest starts to the summer selling season in the history of Texas real estate,” said Leslie Rouda Smith, chairman of the Texas Association of REALTORS®. “Texas homes of all types and price classes are in high demand. This is especially true for homes priced under $200,000, which are often preferred by first-time homebuyers but also in shortest supply across the state.”

According to the report, 91,418 homes were sold in Texas in the second quarter of 2016, a 4.4% increase from 2015-Q2 and the highest volume of

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Engel & Volkers Austin and the Rotary Club of Lake Travis have announced the winner of the Engel & Volkers Excellence Award, which is a scholarship awarded each year to one student of Lake Travis High School. The Scholarship is awarded every year from proceeds generated during the Rotary Club of Lake Travis annual car raffle, which happens in the fall. Engel & Volkers has been the primary sponsor of the car raffle for 15 years and from this event, has been able to give a scholarship each year named the Engel & Volkers Excellence Award to one deserving Lake Travis High School student. The Lake Travis Rotary Club selects the Engel & Volkers Excellence Award recipient based on the student’s financial need, community service and potential for success.

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Austin's Barton Springs Pool In Zilker Park                                         Photo Courtesy of Austin Parks And Recreation Department

 Austin ranks number one in ten best cities for urban forests by AmericanForests.org.  And what makes for the best urban forests?  City parks! 

Austin may have become America’s favorite city.  It consistently ranks high on every publication’s list of “Top Cities” based on countless attributes, coming first on many of those, like AmericanForests.org’s Ten Best Cities For Urban Forests.  One of Austin’s best features is the many parks available in and around Austin.  Austin is sometimes known as the city within a park. 

Zilker Metropolitan Park is considered "Austin's most-loved park." This 351-acre park is home to a variety of recreation opportunities

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Whether you're buying or selling, it's a good idea to have a Engel & Voelkers Austin agent on your side.

Austin known for its tech-savvy younger population has leaned more and more on the internet to search for homes and many wonder why hire an agent at all?  Beyond the benefits of marketing your property, sharing it with a global network of realtors, and having the ability to list it in local and statewide MLS systems.  Engel & Voelkers agents also present a legal benefit to clientele.  

Are there legal benefits to using a licensed real estate agent?

The short answer is yes. Licensed real estate agents have legal obligations — formally called “fiduciary duties” — to their clients that are commonly referred to by the acronym OLDCAR.

O

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Home sales and prices experienced strong gains throughout the Central Texas region in the first half of 2016, according to the June & Mid-Year 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

“Despite the ongoing housing shortage and affordability challenges impacting our region, population growth and housing demand continue to drive home sales upward,” said Aaron Farmer, 2016 

President of the Austin Board of REALTORS­®. “The Austin-Round Rock housing market is on track to outpace 2015 market levels, which was a record-breaking year for home sales.”

Austin-Round Rock Metropolitan Statistical Area (MSA)

Single-family home sales in the five-county Austin-Round Rock MSA rose 6.1 percent year-over-year

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Redick’s stunning Austin mansion, located at 3001 Toro Ring St. in West Lake Hills, is on the market and is listed with Kathryn Scarborough of Engel & Völkers.

J.J. Redick the LA Clippers shooting guard has decided to list this amazing home!  For more info on this gorgeous property visit us here.

This slam-dunk of a property boasts 10,000 square feet, two stories, and over an acre of land. There are nine bathrooms and six bedrooms, so, yes, you can accommodate the entire team. There’s also a media room to kick back in, a private office, two built-in bars, and a cool wine cellar.

Designed by Cami Wright Interiors, the house has an Italian villa feel with crown moldings, high ceilings with wood beams, and French doors. Massive manicured lawns and

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More than 80% of America’s population is clustered in its cities. This, of course, is no surprise. After all, cities are where the jobs are, where public transportation makes it a snap to get around and where beautiful people congregate.  In Austin especially there is a special connection between the residents and the nature that surrounds us.  Whether it be the Lady Bird Lake Hike and Bike trail that runs as a main artery of downtown along the Colorado river or the Barton Creek Greenbelt.  Austin has so many options for the outdoor enthusiast, whether hiking, running, swimming, kayaking there is an option for everyone!  

So with that in mind our friends at realtor.com have and their environment-loving data team are here to breakdown America's greenest

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Home sales jumped in Williamson County and across the Austin-Round Rock Metropolitan Statistical Area (MSA) in May 2016, according to the May 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

“Housing demand continues to be at an all-time high in the Central Texas region, with properties priced under $500,000 selling rapidly,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS­®. “Williamson County homes are among the most popular in the region due to the county’s highly-rated school districts, access to major thoroughfares and proximity to major employment hubs in Austin.”

Williamson County’s population is less than half that of Travis County, yet only 424 more single-family homes were sold in

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