November 2024 Austin Market Trends: Rising Sales, Steady Prices, and Decreasing Inventory

November 2024 Austin Market Trends: Rising Sales, Steady Prices, and Decreasing Inventory

November brought positive momentum to the Austin-area real estate market, with rising home sales, steady price growth, and continued buyer activity. While interest rates remain a factor, buyers and sellers alike are adjusting to the market’s new normal, setting the stage for opportunities as we move into the year-end. Here’s what the numbers—and the trends—mean for you.

High Mortgage Rates? Here’s Why Buying or Selling a Home Now Still Makes Sense

High Mortgage Rates? Here’s Why Buying or Selling a Home Now Still Makes Sense

The current housing market is a tug-of-war between buyers hesitant to purchase due to high interest rates and sellers reluctant to list their homes. While both sides seem to be in a holding pattern, the reasons behind this are more nuanced than they appear. For those sitting on the fence, understanding these dynamics could reveal why now might be the perfect time to act.

Austin’s Top Restaurants Earn Stars and Prestigious Awards

Austin’s Top Restaurants Earn Stars and Prestigious Awards

Austin’s culinary scene has officially arrived on the global stage! In November 2024, the Michelin Guide unveiled its first-ever Texas edition, and Austin shone brightly as a star of the Lone Star State’s dining landscape. This prestigious honor cements Austin’s reputation as a must-visit food destination, where creativity, passion, and world-class flavors converge. From sizzling BBQ to elegant omakase and inventive fine dining, Austin’s chefs have captured the hearts—and taste buds—of Michelin inspectors, earning well-deserved accolades that celebrate the city’s vibrant and diverse culinary artistry.