There are 4 blog entries for August 2015.
Monday, August 31st, 2015 at 10:48am. 1,486 Views
Austin has grown tremendously over recent years, and much of this growth has pushed into the many suburbs surrounding the capital city. These suburbs are seeing their own tremendous growth as people move outward, whether for jobs or for school districts or for homes. And it looks like the growth will continue.
A recent LawnStarter analysis shows that, in Texas, the 10 fastest-growing big suburbs from 2013 to 2014 are projected to grow at least 20 percent over the next 15 years. Three of these are in the Austin area: Georgetown, which came in as the second fastest growing, San Marcos at number three, and Cedar Park at number five. The LawnStarter analysis used data from the U.S. Census Bureau and the Texas Water Development Board to reach their…
Friday, August 21st, 2015 at 1:24pm. 2,212 Views
All-Time High for Austin Home Sales
Austin-area home sales hit an all-time high in July 2015, increasing 12 percent year-over-year to 3,149 sales, according to a Multiple Listing Service report released by the Austin Board of REALTORS®.
Median price for single-family homes rose to $269,500, an increase of eight percent compared to July 2014. Average price increased six percent to $338,452. Inventory levels rose from 2.8 months in June 2015 to a three months’ supply, matching July 2014 and also reaching the highest level since that time.
“We’re in the midst of one of the most active summer selling seasons to-date, with more single-family home sales than ever before,” said ABOR President Barb Cooper. “Home prices remain high, but inventory levels…
Friday, August 14th, 2015 at 1:14pm. 1,858 Views
Austin Home Search App by Regent Property Group is the Android App for Austin, Texas Real Estate
Regent Property Group has released a new Austin home search app for Android devices. Following Regent's successful release of the iOS app earlier this year, the Austin Real Estate App allows prospective homebuyers to search MLS listings on their mobile devices with lightning fast speed - and to be notified when a property that fits their criteria hits the market.
Driving through a neighborhood you like? Utilize the “nearby homes for sale” feature to quickly pull up available listings in the area. Refine your price range, property type, number of bedrooms and bathrooms, square footage, and lot size to receive custom results just for you!
Tuesday, August 11th, 2015 at 3:43pm. 1,659 Views
Austin was ranked the sixth healthiest housing market in the United States by WalletHub, which compared 25 of the largest metropolitan areas across 10 key factors. The top five markets included Boston, Oklahoma City, San Antonio, Northern New Jersey, and Hartford, Connecticut, respectively. Some of the measured factors included interest rates on a first mortgage, access to home equity loans and lines of credit, years until a mortgage is paid off, and mortgage costs.
Austin’s Rankings among Key Factors
Austin had the lowest rate of first time homebuyer assistance, with only 2.81% of first time homebuyers receiving assistance from government programs.
Austin had the second lowest down payment percentage, with the “amount of down payment put forward…