COVID-19

How is the COVID-19 Crisis Affecting Austin Real Estate?

The COVID-19 crisis has and is affecting the Austin real estate market in a number of ways. While there's no "one size fits all" approach to the crisis, we have been dealing with a number of common issues. If you would like to discuss your specific situation, please let us know, and we're happy to discuss over the phone, video, or safely in person.
The COVID-19 crisis is causing / has caused a national recession. How has Austin Real Estate been affected by past recessions?
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Buyers and Sellers in the Austin Real Estate Market are affected differently by the COVID-19 Crisis.

Learn more about your specific situation here

Impact of the Coronavirus on the Austin & Central Texas Economy

In late April, Angelos Angelou presented a forecast of how the COVID-19 crisis will affect Austin & central Texas. The entire webinar is available here, as well as a synopsis.

The state of Texas deemed real estate agents essential early on, so we have been been helping buyers & sellers during the crisis for some time. There have been relatively standard operating procedures emerge that we are following in order to ensure everyone's safety.

Many buyers have re-entered the market after the shelter-in-place orders ended. Most buyers who live in Austin are actively searching for properties. Many buyers who plan to relocate to Austin have planned or are planning visits. Physically viewing properties is slightly more difficult now, so we are now researching properties more prior to viewing them. More Buyer Related Information is Available Here

Sellers have been somewhat slower to re-enter, but those who have, have found a competitive and seller-friendly market. Overall, the Austin market is surprisingly and incredibly tight and a seller's market. Vacant properties are strategically much easier to market & show than occupied properties. There are so many variables, we do recommend speaking with an agent as soon as you're comfortable doing so. More Seller Related Information is Available Here

How Will We Know When the Austin Real Estate Market Starts to Recover?

The easiest way to tell if the market is turning is by looking at the # of pending sales and the # of new closings. However, these are lagging indicators. Sales were under contract 30-45 days ago and buyers started shopping 1-6 months before they put a property under contract. Can we determine that the market is turning prior to these lagging indicators?

2300+ Client reviews!

Elle helped us last year find our new home and she was fantastic! She walked us through step by
step, answered all questions all hours of the day and happily took us and our 4 rambunctious young
kids house hunting. We are truly happy with everything she did for us. She has since then found my
parents and some friends their homes to rave reviews as well! Such an excellent realtor that I would
(and have) recommend to anyone who is looking for a new home!

My wife and I made the decision to move to Round Rock from out of state after our daughter and grandchildren moved to Cedar Park. I put out feelers over the Internet with multiple real estate companies. I received numerous emails but only Elle’s assistant, Michelle, actually called me on the phone. She was extremely kind and helpful and we made the decision to meet with her and Elle on an upcoming house hunting trip. Elle was very helpful and knowledgeable and over the next couple of months helped us to decide on a new build in Mayfield Ranch. She assisted us all along the way and when issues came up she stepped in and made sure everything worked out out as they should. I am very glad she was in our corner.
Along the way Elle became more than just our real estate agent. We consider her our friend. I would highly recommend Elle to anyone looking to purchase a home. You will not be disappointed.
We also recommended Elle to our daughter and she helped them buy their first house.

Elle was very diligent in getting us our first rental home. She knows areas/neighborhoods well and definitely has a competitive edge. The Austin market is CRAZY but she helped calm any anxieties about a fast moving process.

From the first day I met Elle, I knew I could count on her knowledge and expertise of the real estate world. Elle provided more than wonderful advice. She did some work on my property because it was needed, and I’m not as young as I used to be! 😜 To work with someone who knows what she is doing and, most importantly, has a gigantic heart is such a joy. She is now a valued friend!

My wife and I thoroughly enjoyed working with Elle Klein. Elle’s expertise allowed us to make the best decisions throughout our home-buying process – from search, negotiation, and close. We highly recommend Elle Klein to anyone who wishes to work with a market expert.

Jean Holm, who works for Bramlett Realty, is the best realtor I have ever worked with. I have had twelve real estate transactions over the last 50 + years. Jean was far and away, head and shoulders over anyone else I have dealt with. She is an expert and knowing the market and the neighborhood. She gave me great advice and all the information I asked for, and I asked for a lot. Her response time to my calls and texts was beyond anything I would have expected. I initially called her about listing my house when Austin prices were at their peak. Packing up for staging took me months, my issue, and consequently I missed the window for a big sale. But I was determined to move and Jean helped me understand the changes occuring in the market and the best approach for my situation. She spent an incredible amount of time with me. Always cheerful, helpful, dependable, extremely knowledgeable, I rate my experience with Jean and Bramlett Realty a 10+. I am a very happy customer.

Our listing wasn’t moving which was frustrating, plus we had some troubles with the new home we had just closed on. If it weren’t for April Moreaux, we would have gone insane. She knows her business really well and was able to give great advice and follow up with us so we weren’t in the dark about anything. We dealt directly with April but everyone we passively worked with at Bramlett was always on the same page and it shows the company’s professionalism and great line of communication.

We worked with April Moreaux of Bramlett Residential to purchase our first home and we were very pleased. As a first time home buyer, we were concerned that our lack of knowledge of the home buying process would be a disadvantage to us. This was not the case though. April was attentive, responsive, and clearly had our best interest in mind throughout the whole process. Our 4 year old ended up really taking a liking to her also as she kept him occupied during walkthroughs. We would highly recommend her as she exceeded all expectations.

Joe was great in all aspects of inspecting, pricing and selling our house. We had two offers in two weeks and closed within a month of the listing. Highly recommend using both Joe and Bramlett Residential Real Estate as we’ll be doing with another property sale soon.

I had a fantastic experience working with my realtor Becky Welch. I cannot speak highly enough of her professionalism, and dedication in helping me find the perfect home. She was always available to answer any questions I had throughout the process. Becky made the process of buying a home out of state easy. She took care of every detail for me from the beginning to the end.

Kevin Wilhelm is the best. I don’t know if we’ve ever had such attention paid to us and effort put out for any service we’ve ever had. It didn’t feel like a person trying to sell us a house. It felt like an old friend guiding us to a home. Kevin’s optimism was infectious, and weeks after settlement, he is still helping us to make the transition. We may be new to Texas, but we know we have at least one friend here.

I had a great experience with Kevin. This was my third home sale/purchase with him, and I’ve referred him to several friends over the years as well. Kevin is a top notch Realtor, and he gives me the information I need in order to make an informed decision. Kevin makes his recommendations but doesn’t flinch if I go a different direction, he has all the contacts when I need a referral, he negotiates hard on my behalf, he goes the extra mile and then another 10. I’ll keep recommending Kevin; he’s fantastic!

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