Austin’s residential real estate is Red Hot. The latest report from the Austin Board of Realtors showcases the market’s resilience amid the COVID-19 pandemic and demand for homes continues to be very strong – breaking sales records month after month. Austin has been the fastest-growing major metro in the country for over 10 years and continues to increase. Not only are companies moving to Austin (example: Tesla) but people are relocating from other states, such as California and New York. The continued population explosion remains a major storyline for the Central Texas economy and is reshaping everything, including real estate transactions.
The way consumers are buying and selling residential real estate is changing and continuing to evolve. For example, “iBuying” (or “instant offers”), is a newer practice of buying residential real estate without a realtor. If a buyer or seller chooses to purchase or sell without a realtor, it’s essential to have a real estate attorney involved. It not only saves consumers’ money vs. a traditional real estate agent, but an attorney knows the laws and is able to protect consumers.
The Kelly Legal Group has years of experience with helping buyers and sellers. They offer a flat fee for these types of transactions and offer free initial consultations. Please call them today at 512-505-0053.