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Real Estate News in Horseshoe Bay - October 8th, 2016
Recently the owners of Horseshoe Bay Resort secured a large amount of financing for capital improvements to the resort. Planning is in process to add several amenities to the resort and upgrade existing facilities. Some will include new clubhouses at both Caprock which is the golf facility in Horseshoe Bay West and Summit Rock, home of our new Jack Nicklaus signature golf course. Other planned improvements include expansion of our health club, revamping of our Marina, upgrades to our Yacht club and other clubhouse facilities. It is an exciting time to be part of Horseshoe Bay Resort and these additions will only enhance the already wonderful resort environment. Add to this our 4 golf courses, constant level lake LBJ and our other sports facilities and you have the best lifestyle available in Texas. The extraordinary beauty of the area is captivating and is a favorite destination from people all over the country.

News for Horseshoe Bay, TX - March 25th, 2016 9:25am
Ask me how you can get a highly discounted room rate at our 4 star hotel at Horseshoe Bay Resort, normally starting above $300 per night! As a member of the Horseshoe Bay Resort Realty team, the brokerage owned by the owners of the resort, I can extend courtesies to you during your stay while previewing real estate, that no other realtor groups can provide. Contact me to find out how I can combine a great vacation in our fabulous Texas Hill Country resort along with your search for real estate. This is not a "capture them while they are here" opportunity. This is, however, reserved for those with an interest in HSB real estate. Horseshoe Bay is centrally located among dozens of Hill Country Wineries, one hour from Austin, one hour twenty minutes from San Antonio, 30 minutes from the posh Hill Country Galleria mall and one hour from the quaint German town of Fredericksburg. It is no mistake why we sell more real estate, and have for years, than any other broker in the Hill Country. We are the inside information on everything going on and being planned in Horseshoe Bay.

News for Horseshoe Bay, TX - December 16th, 2014 3:01pm
Ask me how you can get a highly discounted room rate at our 4 star hotel at Horseshoe Bay Resort, normally starting above $300 per night! As a member of the Horseshoe Bay Resort Realty team, the brokerage owned by the owners of the resort, I can extend courtesies to you during your stay while previewing real estate, that no other realtor groups can provide. Contact me to find out how I can combine a great vacation in our fabulous Texas Hill Country resort along with your search for real estate. This is not a "capture them while they are here" opportunity. This is, however, reserved for those with an interest in HSB real estate. Horseshoe Bay is centrally located among dozens of Hill Country Wineries, one hour from Austin, one hour twenty minutes from San Antonio, 30 minutes from the posh Hill Country Galleria mall and one hour from the quaint German town of Fredericksburg. It is no mistake why we sell more real estate, and have for years, than any other broker in the Hill Country. We are the inside information on everything going on and being planned in Horseshoe Bay.

News for Horseshoe Bay, TX - March 20th, 2014 2:53pm
Ask me how you can get a highly discounted room rate at our 4 star hotel at Horseshoe Bay Resort, normally starting above $300 per night! As a member of the Horseshoe Bay Resort Realty team, the brokerage owned by the owners of the resort, I can extend courtesies to you during your stay while previewing real estate, that no other realtor groups can provide. Contact me to find out how I can combine a great vacation in our fabulous Texas Hill Country resort along with your search for real estate. Horseshoe Bay is centrally located among dozens of Hill Country Wineries, one hour from Austin, one hour twenty minutes from San Antonio, 30 minutes from the posh Hill Country Galleria mall and one hour from the quaint German town of Fredericksburg. It is no mistake why we sell more real estate, and have for years, than any other broker in the Hill Country. We are the inside information on everything going on and being planned in Horseshoe Bay.
National Market Conditions
2018 1st Quarter Market Report: Home Sales Steady - Prices Continue to Rise

The 1st quarter of 2018 ended on a good note with March existing home sales only down slightly over last year, and with 2018 home sales expected to exceed 2017 excellent year. Home Prices in 2018 continue to rise, increasing 5.8% over the end of March last year.

The most notable change in the 1st quarter was an increase in seller activity. Our survey showed that in 46% of the markets surveyed there were still more buyers than sellers, but a decrease of 27% from March 2017. Additionally, 17% of our markets surveyed showed more seller activity than buyer activity, an increase of 8% over last year. The remaining 37% of the markets showed an equal amount of buyer and seller activity which was an increase of 19% over last year. The increased activity, however did not ease the tight inventory 73% of our markets showing a very tight supply of homes available for sale. Home prices are also on the rise with 86% of markets showing price appreciation in the last year.

According the National association of Realtors (NAR) existing home sales in March were down 1.2% over last year, but annual sales are expected to hit 5.6 million units compared to 5.1 million in 2017; inventory of unsold homes is at a 3.6 month supply and 46% of all homes sold in under one month.

The data in this report is generated primarily from our survey of HouseHunt.com exclusive member real estate agents across the United States. This grass roots approach to studying the housing market gives us a thorough look at where the real estate market is through the eyes and perspective of the local real estate agents who are living and working in the trenches of each community.

Buyer and Seller Activity
The trend in both buyer and seller activity is up significantly in the 1st quarter of 2018 compared to the buyer and seller activity from last year. Buyer activity is steady or increasing in 94% of the markets surveyed and decreased in only 6% of the markets surveyed indicating a significant 8% increase in activity from Spring 2017. Simultaneously the trend for seller activity posted a solid 10% gain in the 1st quarter of 2018 with 85% of the markets indicating steady or increased seller activity compared to 75% of the markets at this time in 2017. Despite increased seller activity there are still more buyers than sellers and homes are selling quickly. In fact, according to NAR inventories have decreased to 3.6 month supply compared to 3.8 months in March of 2017. A balanced "normal market" is considered to be a 6 month supply of homes for sale.

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Summer 2018 Market Update
Now is an exceptional time to buy a home in Horseshoe Bay. While prices are increasing, great opportunities still exist. Call now for more information at 512-755-0564
Average Sold Home Price: $375,000

Average Time on Market: 30-60 days

Best Selling Price Range: $400,000 - $449,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: Decreasing

Buyer's or Seller's Market: Equal buyers and sellers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: Increasing

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 0-5%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Good Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Good economic news

Nearest Metro Area: Centrally located between Austin and San Antonia, TX

Contact Information
Rick Joppie
512-755-0564
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Real Estate Professional, Rick Joppie Rick Joppie
Horseshoe Bay Resort Realty
Specializing in Horseshoe Bay Real Estate
101 Horseshoe Bay Blvd.
Horseshoe Bay, Texas 78657
512-755-0564
Email Me | Receive New Listings by Email
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(Because current market conditions can change rapidly in any given marketplace,
please check with Rick Joppie for current Horseshoe Bay, TX market conditions before acting on this information.)
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