There are 4 blog entries for September 2015.
Tuesday, September 29th, 2015 at 4:47pm. 1,966 Views
Austin, Texas may be making the news for its tremendous growth, but it’s not just Austin proper that is seeing a rise in its population. Hays County, which is just south of Austin and includes cities such as Buda and Kyle, was the third-fastest growing county in the United States in 2014 by percentage growth, according to data released by the U.S. Census Bureau. Williamson County, to the north of Austin, was the tenth-fastest growing.
The Real Estate Center at Texas A&M University summarized the findings, as reported by the Austin Business Journal.
The Austin Board of Realtors® often cites Austin housing prices as a main reason people are moving to area suburbs, such as to those cities in Hays County, as well as to the Williamson County cities of…
Monday, September 28th, 2015 at 6:52pm. 2,695 Views
Austin’s high-tech jobs grew a significant 33 percent from 2012 to 2014, making it the third-ranking city among top tech cities, according to CBRE Research’s Tech-Thirty 2015 report, which measures the tech industry’s impact on office markets in North America.
In 2014, Austin employed 37,541 in the high-tech software/services industry, according to the report. Overall, the high-tech software/services industry accounted for one-fifth of all new, office-using jobs in North America, with 730,000 new jobs created at a growth rate of 34% since 2009.
For the fourth year, San Francisco topped the Tech-Thirty office markets list, with a high-tech job growth rate of 43%. While Phoenix tied with San Francisco with a high-tech job growth rate of 43%, it…
Monday, September 28th, 2015 at 5:39pm. 1,524 Views
While we report a lot on Austin real estate statistics, it’s important every once in a while to take a look at the state as a whole and how the capital city compares to other Texas cities. Austin’s real estate market has been strong, with prices increasing steadily in recent years and with a market heavily favoring sellers. How is Texas’ housing market? Right in line.
According to Multiple Listing Service (MLS) data analyzed by the Real Estate Center at Texas A&M University, Texas home sales volume in August 2015 increased seven percent year-over-year, and the median price increased 7.4 percent.
“Generally speaking, the market’s still going strong,” said Real Estate Center Chief Economist Dr. Jim Gaines.
In August 2015, 29,685 homes were sold in…
Friday, September 25th, 2015 at 4:55pm. 1,908 Views
Austin-area Median Home Prices Set Record
Median home prices in the Austin area reached $265,000 in August 2015, setting a record for the month and increasing year-over-year by eight percent, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. Sales of single family homes also remained high, increasing eight percent compared to August 2014, to 2,943 home sales
Average home prices rose to $329,620, an increase of six percent from last August. Homes were on the market an average of 42 days this August 2015, equal to the length of time in August 2014. Total dollar volume increased by 15 percent compared to August 2014, to reach $970,071,660 for the month.
For perspective on pricing, median home prices…