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June 2015

There are 4 blog entries for June 2015.

Austin, Texas Real Estate Market Update and Statistics June 2015

Friday, June 19th, 2015 at 3:25pm. 2,855 Views

Lake Austin homesAustin Home Sales Slightly Dip, Prices Hit Monthly Record

Single family home sales in the Austin area dipped two percent in May 2015, after setting a record the previous month, according to a Multiple Listing Service report released by the Austin Board of REALTORS®. Despite the slight pullback in sales volume, sales prices set a record for the month of May.

Austin Home Prices

The median price for single-family homes increased nine percent compared to May 2014, coming in at $271,000. The average price increased seven percent compared to May 2014, coming in at $348,201. Historical appreciation is typically about four percent annually, according to the Real Estate Center at Texas A&M University, and therefore Austin continues to outpace its

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Austin Symphony’s “Concerts in the Park” Returns

Wednesday, June 10th, 2015 at 6:19pm. 6,838 Views

Long Center AustinThe Austin Symphony’s annual tradition of “Concerts in the Park” returns this summer at the Hartman Concert Park at the Long Center City Terrace in central Austin. In its thirteenth year, the free, live music series features ensemble performances from members of the Austin Symphony and runs most Sunday evenings through the summer. Music selections will range from jazz and light classical music to pops selections and film scores.

Attendees are encouraged to bring blankets, folding chairs, and picnic dinners to enjoy the music, which begins at 7:30 p.m. on Sunday evenings from now through August 23, excluding the fifth of July. Attendees generally are a mix of symphony enthusiasts, families, and even passersby from the popular outdoor recreation areas

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Round Rock #3 Most Affordable U.S. City

Tuesday, June 9th, 2015 at 6:05pm. 2,294 Views

Round Rock homes Round Rock, Texas is the third most affordable city in the United States, according to a Nerd Wallet study comparing median household income to average cost of living in over 300 metropolitan areas around the country. Rather than ranking cities by where it was the cheapest to live, the study reflects where dollars stretch the furthest.

The study used a combination of comparisons: median household income, income index, cost of living index, grocery index, housing index, utilities index, transportation index, health care index, and goods and services index. The report cited, “In our study, we make a distinction between ‘cheap’ and ‘affordable’ by comparing a place’s median income with its cost of living to find truly affordable places.”

Numerous other

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Texas Job Growth Continues, Despite Lower Oil Prices

Monday, June 8th, 2015 at 4:05pm. 1,718 Views

Texas jobsJobs numbers continue to go up in Texas, despite lower oil prices, according to the Monthly Review of the Texas Economy by the Real Estate Center at Texas A&M University.

From April 2014 to April 2015, the state gained 304,200 nonagricultural jobs, an annual growth rate of 2.6 percent. This is .4 percent higher than the United States job growth rate, which was at 2.2 percent.

In this same time period, the nongovernment job sector in Texas grew by 282,200 jobs, an annual growth rate of 2.9 percent. Nationally, the nongovernment job sector grew by 2.6 percent.

Texas’ seasonally adjusted unemployment rate fell to 4.2 percent in April 2015 from 5.2 percent in April 2014. The nation’s rate decreased from 6.2 to 5.4 percent

All of Texas’ industries,

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