General topics regarding Austin Real Estate from an Austin realtor perspective.
There are currently 68 blog entries related to this category.
Wednesday, July 13th, 2016 at 1:06pm. 934 Views
Condominium sales in Texas’ major metro areas increased during the first half of 2016, seeing demand over townhomes and single-family homes among young professionals and retirees, according to the Texas Association of REALTORS® Texas Condominium Mid-Year Sales Report.
The metros of Austin, Dallas, Houston, and San Antonio experienced increases in condo sales between January 2016 and May 2016 when compared to the same six-month period last year. Townhomes saw a slight decrease.
“Many young urban professionals and newly retired baby boomers are buying condos, as they provide an affordable alternative to single-family homes and townhomes,” said TAR Chairman Leslie Rouda Smith. “These Millennials and retirees don’t want the upkeep of a traditional,…
Monday, August 31st, 2015 at 10:48am. 913 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 14th, 2015 at 1:14pm. 1,404 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. 1,233 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…
Tuesday, June 9th, 2015 at 6:05pm. 2,294 Views
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.”
Monday, April 27th, 2015 at 10:02pm. 1,566 Views
Vacation home sales reached a record high in 2014, rising above the last peak level reached in 2006, before the housing market crash, according to the National Association of Realtors®’ annual survey of residential homebuyers.
The survey, which included existing home and new home transactions during 2014, showed vacation home sales reached an estimated 1.13 million, the highest amount since the study was first issued in 2003. 2014’s numbers for vacation homes were up 57.4 percent from 2013, nearly doubling the combined total of the previous two years. They accounted for 21 percent of all transactions in 2014, also their highest since the survey was first conducted.
“Affluent households have greatly benefited from strong growth in the stock market in…
Tuesday, March 31st, 2015 at 4:29pm. 1,257 Views
The millennial generation, those ages 34 and younger, was the largest group of recent homebuyers, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study. This is the second year millennials have garnered the largest percentage, 32 percent, which was one percent higher than the previous 12-month period. Generation X, those ages 35-49, was a close second with 27 percent.
“Many millennials have endured underemployment and subpar wage growth, and rising rents and repaying student debt have made it very difficult to save for a down payment. For some, even forming households of their own has been a challenge,” said NAR chief economist Lawrence Yun. However, “Fixed monthly payments and the long-term financial…
Tuesday, March 10th, 2015 at 5:07pm. 1,158 Views
Austin real estate brokerage Regent Property Group has released a new Austin home search real estate App, designed to let you search for available homes in the Austin market from the palm of your hand. Created for iOs mobile devices, this user-friendly and free App can be downloaded at your online App store by entering, “Regent Property Group,” and then clicking through to complete the process.
Using your mobile Apple device, the Regent App is as simple as click-and-view. You can search for homes while you’re on-the-go and even use your location to discover nearby listings. Driving through a neighborhood you love? Let the App tell you what active listings are nearby! Have a group of “favorites?” The Regent App will help you keep track of your favorite…
Wednesday, December 31st, 2014 at 12:09pm. 910 Views
Regent Property Group Broker Brian Talley has earned a spot among Austin real estate elite yet again, this time as a finalist in the 2015 Platinum Top 50 awards. The Platinum Top 50 awards recognize residential REALTORS® for overall success – for outstanding achievements in sales, education, industry participation, and civic leadership.
The announcement was made at about the same time as a separate release of the Austin Business Journal Book of Lists, where Talley is listed as the 21st residential real estate agent in Austin based on sales.
“I'm honored and excited to be a Platinum Top 50 finalist this year. I couldn't do it without the loyal support from my friends, customers, family, and my wife Erika,” said Talley. “Thank you all for your loyalty…
Monday, July 28th, 2014 at 5:02pm. 1,538 Views
There may be some relief for the tight housing market in Austin, Texas: new construction is on the upswing. Home starts in the Austin area increased seven percent compared to last year, according to housing information and consulting firm Metrostudy. 2014’s increase brings home starts to 9,782.
Of note is the upward trend of price points. “In the last 12 months we’ve started 22% more homes between $500,000 and $750,000 than we have below $150,000,” said Madison Inselmann, Regional Director of Metrostudy’s Austin market. “That right there tells you all you need to know about the shifting fundamentals in the Austin market.”
He said that at this time last year, 11% of new home starts were below $150,000. Today, that percentage is “nearly a third” of…