There are 2 blog entries for August 2017.
Tuesday, August 22nd, 2017 at 3:06pm. 822 Views
There is a bit of surprising news about millennials living in Austin, according to realtor.com, which analyzed 2015 U.S. Census Bureau data on the largest metro areas in the nation. Of these largest metros, millennials in Austin are the most likely to live alone, with 11.2 percent of millennials renting or owning a home solo.
The article listed median rent for a one-bedroom apartment in Austin at $1,130, with the median home listing price at $391,900. Neither of these would be considered “cheap” on a statewide level, but they still aren’t as high as some larger coastal or tech cities. What, then, puts Austin at number one? The article suggests that many millennials move here from the more expensive cities but then telecommute, keeping their higher…
Friday, August 18th, 2017 at 5:15pm. 880 Views
Steady July for Austin-area Housing
Single-family home sales across the Austin-Round Rock Metropolitan Statistical Area increased 2.8 percent year-over-year in July 2017, with sales in Austin declining 2.5 percent that same month, according to the Austin Board of REALTORS® July 2017 Central Texas Housing Market Report. While Travis County had a 1.1 percent decline in home sales, Hays County sales increased 15.3 percent and Williamson County sales increased 2.3 percent.
Much of this impact is due to home availability. Housing levels increased in the areas surrounding Austin, with the MSA as a whole increasing 0.4 months to 3.2 months of inventory, while inventory only increased 0.1 months to 2.5 months within the city of Austin.
“During a month…