Austin Texas Real Estate Blog

COVID Side Effect You May Not Have Realized

We’re not just lacking toilet paper in 2020…

COVID-19 has rid academic seniors of graduation, wiped out the nation’s supply of toilet paper, short-staffed medical professionals worldwide, and is setting the stage for an unprecedented cashless society; but, no one is talking about one of the greatest shortages of this chaotic year…HOUSES!

Nationwide housing inventory is at an all-time low of roughly 3 months. What does that mean? At the current sales pace, it would take 3 months to sell all of the homes actively listed right now. Let’s put that into perspective – a healthy housing market is considered to be 6 months of inventory and just a decade ago, in 2010, the national housing market held a booming 10 months of inventory.

Still not convinced we’re in crisis? Nationally, as of June 2020…

  • Total housing inventory declined 26.5 percent year-over-year
  • The number of new listings declined by 19.3...

GAT from the Eye of an Intern

“So what did you learn?”

That is the golden question. The question discussed at length with my boss on my last day, the question my parents ask with curiosity at the dinner table, and the question I will spend an entire semester analyzing in school. How will I respond? Where do I begin!

After a blind email to a woman I hadn’t yet met, I drove to GAT’s little corner of Steiner Ranch this past May on a mission to impress the one and only Susan Arant, hungry to secure an internship position that did not yet exist. Understand this was task made even more difficult in the heat of COVID-19, but the generosity of my new boss and our undeniable chemistry landed me back in the office Monday morning sharing my goals and meeting...

Let’s Talk Team Building

Let’s talk team building.

No no no, don’t click to the next blog or pull out Facebook. Let’s seriously talk about team building.

Every single one of us is on a team. You may run a business, have a family, play on a sports team, volunteer, hold employment, etc. Teams can take many forms, but the goal is always the same – to work with others. But 7.8 billion people in the world means 7.8 billion personalities which means 7.8 billion ways of thinking which means chaos – sometimes. The world can feel pretty chaotic yes? Can the workplace feel that way too at times? Enter team building!

Forbes states 70 percent of U.S. employees are not engaged. Unengaged employees equal frustration in the office, lower efficiency, and less revenue. When starting and...

A “Phase 3” Summer in Texas

Graduation caps were thrown, swimsuits are dusted off, and Dad’s grill is fired up because summertime is in full swing! Although, hold the happy hour because summer in 2020 is getting a makeover equipped with hand sanitizer, face masks, and household disinfectants.

The month of May thawed of some of Governor Abbot’s isolation regulations, giving us ladies a reason to throw some makeup on again, as we saw the reopening of restaurants, retail stores, beauty services, movie theaters, and other non-essential businesses (at the discretion of business owners of course) at limited capacity.

What does that mean for us fellow Austinites? Continue to check revised operating hours, schedule appointments, and make reservations. Businesses are hungry for our support and are hard at work implementing precautions to keep us safe as we return to their...

Phase 2 of Texas’ Recovery Plans

Friday, May 22, 2020 Austin, Texas entered into Phase 2 of Texas’ recovery plans in regard to COVID-19. What exactly does this entail for us? Some restaurants have been open at 25% and will now be moving to open up at 50% capacity. All bars that had been closed will now have the option be work towards opening at a 25% capacity.

Here is a list of some of the businesses and entertainment venues that will be reopening under strict guidelines and rules:

  • Breweries
  • Wine tasting rooms
  • Wineries
  • Bowling alleys
  • Zoos
  • Skating rinks
  • Aquariums

Here is an extensive list of all of the different businesses that have been opening in different staggered phases, https://gov.texas.gov/organization/opentexas...

A Client Story: How to Buy and Sell a home Remotely in a COVID19 Real Estate Market

How has the COVID-19 pandemic affected real estate here in Austin?

How has COVID-19 affected homebuyers?

How has COVID-19 affected home sellers?

In this video, I have the pleasure of speaking with a Gene Arant Team client who bought a home in Oregon virtually and sold a home in Austin, TX during the heart of the COVID-19 pandemic

We're sharing this to encourage our friends about the fact that there are workable solutions when it comes to buying and selling during this unprecedented time.

In fact, this is a GREAT time to buy or sell!

The innovation and evolution of home buying and selling...

Good News

It’s true. We live in a strange time where uncertainty feels certain. With the 24/7 news cycle, it isn’t very easy to break away to feel the GOOD in life. So, today, we wanted to bring that GOOD directly to you... Real Estate is still happening! Houses are being listed and buyers are buying them!

Please always consider us a resource on real estate and the housing market. No matter what happens with COVID-19, homes will continue to be bought and sold. Homes will continue to be wise investments. Locally, showings and offers on listings remain strong, and buyers continue to take advantage of record-low interest rates.
We will continue to provide the best service we can–you have my word on that. We appreciate your support and referrals so much. If you have any specific questions, please reach out to me anytime: 512-261-1000 or gene@genearant.com

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Real Estate Going Virtual

Did you know that you can buy a home using VIRTUAL tools from the comfort of your living room?

NOW is the perfect time to use convenient, virtual tools that we provide our clients.

VIRTUAL APPOINTMENT

We'll meet virtually to discuss the current market, along with your need and vision.

HOME SEARCH

You'll receive homes that match your criteria via email as soon as they're listed.

VIRTUAL HOME TOURS

After you choose your favorite homes, you'll take a video tour through each one.

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What to do now? Life after Tiger King...

Hello again you Cool Cats & Kittens! Trust your week has been great! As promised this blog has lots of goodies for your and your families entertainment. Scroll down and find links to children's entertainment, link and promo code to Masterclass (love, love, love), special links for information on Food & Beverage, exercise and finishing strong with an Art & Culture section that you can experience right from your living room!

Remember we are here for you in any way that we can be! Real Estate, business, life, kids or just someone to laugh with... you name it, we are here!

Stay Strong | Be Safe | Stay Well


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Austin Market Update

Every month we create an infographic, per the Austin Board of REALTORS, that summarizes key statistics in the real estate industry in Austin. As we can see, the real estate industry in Austin has been stable in January 2020 (in comparison to January 2019). While the average price of single-family homes decreased slightly (1%), there was a 2% increase in the number of single-family homes. One of the biggest changes between the years was the average days on market from 71 days in 2019 to 61 days in 2020 (a 14% decrease!). We see this trend reflected at Gene Arant, with many homes barely hitting the market before they are sold.

For our Steiner Ranch residents, we analyze the Woods at Four Points neighborhood specifically. The number of homes sold in Steiner Ranch has increased dramatically (38%) which raised...