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Homebuyers moving to major Texas city spending $23K more than locals as prices spike

Homebuyers moving to major Texas city spending $23K more than locals as prices spike
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Out-of-town home buyers pay $17k more than locals

Out-of-town home buyers pay $17k more than locals
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1,500 Austin Homes Have Sold For More Than $100,000 Above Asking Price This Year-- The Same Time Last Year It Was 22

two homes during the same time period in 2020.  Meanwhile, 1,440 homes in Austin have sold for between $100,000 and $299,999 above asking price, compared with 20 homes last year. Just over 4,500 homes in the metro have sold for between $25,000 and $99,999 above asking price, up from about 350 last year.  The margin is smaller for homes that sold for less than $25,000 above asking price, with 2,810 homes in Austin selling above that threshold so far this year versus 2,748 last year.  I recently sold a home that was listed at $565,000 and closed at $715,000. We received about a dozen offers which is actually a low number by today s standards, said Austin Redfin agent John Dawson. The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.  

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For Low-Tax States, Four People Move In For Every One Person Who Leaves

For Low-Tax States, Four People Move In For Every One Person Who Leaves
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