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March 2017

There are 3 blog entries for March 2017.

Downtown Austin: Back from the Grave?

Wednesday, March 29th, 2017 at 3:42pm. 484 Views

downtown austinIf you’ve moved to Austin within the last five years or so, you’ve probably always known downtown Austin as a trendy, happening kind of place. But it wasn’t that long ago that building a high-rise condo was a risk, that walking around after business hours meant walking alongside darkened storefronts, and that conveniences in general were conspicuously missing.  

Of course, that has all changed now! According to Realtor.com rankings, Austin is the number six city in the nation “Where Downtown Is Making a Comeback.” Its report says, “The story of downtown Austin isn’t entirely about rising from the ashes.” Instead Austin’s story is “about a small urban area known best for hole-in-the-wall bars and middle-of-the-night taco joints exploding into a full-on

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U.S. Census: Austin’s Raw Growth Equals 1,042.7 More People Each Week

Tuesday, March 28th, 2017 at 2:03pm. 580 Views

austin homes lakeTurns out the oft-cited statistic of Austin growing by 150 people per day wasn’t quite right. The final tally shows that the Austin-Round Rock Metropolitan Statistical Area grew by more like 159 people per day in 2016, according to an article in the Austin Business Journal.

This was a 2.9 percent annual growth rate for the Austin MSA, which includes the counties of Travis, Hays, Williamson, Burnet, and Caldwell. This made it the ninth fastest growing MSA in the United States, according to United States Census Bureau data. Hays County, which includes the cities of Buda and Kyle, was the third fastest growing county in the U.S., with growth of 5.1 percent.

For a timeline comparison, the Austin-Round Rock MSA had a quaint July 2010 population of

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Austin, Texas Real Estate Market Update and Statistics March 2017

Saturday, March 18th, 2017 at 11:54am. 589 Views

Austin real estate housesAustin-area Home Sales Flat in February 2017, while Prices Rise

Austin-area single family home sales increased 0.9 percent in February 2017 compared to February 2016, resulting in 1,829 home sales. Median price, meanwhile, continued its climb, rising 6.5 percent to $287,000, according to the Austin Board of REALTORS® February 2017 Central Texas Housing Market Report.

The ABOR release posited that the Austin-Round Rock Metropolitan Statistical Area is transitioning to more stable market conditions. “The Central Texas housing market is just now beginning to catch up to itself after years of unprecedented sales growth. It’s important to remember that current figures are being compared to very strong housing market activity in 2016, so a decline in home

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