Inflation ticked down in the early March reading; the Fed again kept its benchmark rate unchanged; and interest rates remained well below 7%. Amid high volatility, stock markets saw substantial declines, then some recovery through the 3rd week of March. Consumer confidence continued to fall across all population segments by age, education, income, wealth, political affiliation, and region, and expectations for personal finances, jobs, inflation, business conditions, and financial markets all declined (per University of Michigan’s early-March “Surveys of Consumers”). 

Generally speaking, the broader market is typically more affected by interest rates, i.e. affordability, while higher-price home sales are more influenced by stock markets, i.e. changes in…

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Potential buyers are always asking this question: will mortgage rates come back down. Based on the latest data, as of March 24, 2025, the average rate for a 30-year fixed mortgage is 6.77%, according to Mortgate News Daily. While still elevated compared to the lower rates seen during the pandemic, this rate sparks fresh conversations among buyers and sellers. With inflation cooling and the Federal Reserve holding steady on hikes, the housing market is entering spring with growing interest and cautious optimism. See the link below for a complete analysis and reach out to discuss anytime!

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The latest report from Realty Austin Compass shows that the Austin housing market continued its shift toward balance in February, with active listings reaching over 10,000—up more than 16% compared to last year. While sales activity slowed slightly, homes are still holding their value and spending just under three months on the market. Buyers are gaining more flexibility, and sellers who adapt to current conditions are staying competitive. See the full report at the link below.

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April in Austin is festival month! The ABC Kite Fest, Austin Reggae Fest, Wild West Brew Fest, Texas Whiskey Festival, and the Austin Blues Festival are all fun events happening throughout the entire month! And, don't forget to sign up for the Capital 10K, Texas' largest 10K race, that is one of Austin's most cherished annual traditions. The race is scheduled for Sunday, April 6, 2025, and it attracts runners and walkers of all levels, offering a scenic course through downtown Austin. Participants can enjoy a lively Finish Line Festival featuring live music, local food vendors, and family-friendly activities. Whether you’re racing for fun, fitness, or a new personal best, this iconic Austin tradition is a must-experience event.  Click on the link below…

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SXSW and NASCAR at COTA - no need for words, the acronyms speak for themselves. These two great Austin events are just a few of the amazing things happening in Austin during the month of March. See the link below for all of the fun events happening in and around Austin in March. 

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