Texas Economic Outlook Remains Robust
March 6, 2023The Texas economy continues to perform, even with national headwinds. “Despite stubborn inflation growth and overall economic uncertainty, the Texas economy has remained robust,” stated a monthly economic report from the Texas Real Estate Research Center. Employment has continued to increase, and the Texas economy created 29,500 new jobs in December. As a result, theRead More
Construction to Begin on Four Seasons Private Residences
March 2, 2023Construction on the Four Seasons Private Residences Lake Austin will begin June 1, 2023, according to filings by Hines and Austin Capital Partners, as reported by Connect CRE. The expected cost to build the project is $830 million. “The new Lake Austin residential community will be distinguished by its modern architecture, private waterfront access, unmatchedRead More
Texas Economy Expands But More Slowly
September 30, 2022While the Texas economy does appear to be “losing some steam,” according to a report from The Real Estate Research Center at Texas A&M University, it is still experiencing “impressive” growth. For example, in July 2021 statewide year-over-year (YOY) growth was 13 percent compared to 12 percent in July of 2022. Austin had the biggestRead More
Texas’ Post-Pandemic Population Boom
March 16, 2022While Texas has had a population boom “for the past decade thanks to its pro-business environment, relatively affordable housing, and friendly charm,” the “onset of COVID in 2020 brought another wave of newcomers,” according to Take Me To Texas: Post-Pandemic Population Boom by Joshua Roberson with Texas Real Estate Research Center. Between the summers ofRead More
New Luxury Home Project Coming to Dripping Springs
February 24, 2022Southern Land Company has purchased approximately 70 acres of land in Dripping Springs for a high-end, luxury home community. In a scenic and secluded area near Treaty Creek Distilling at the end of Silver Creek Road, the community will offer 10 homes on 1.5-acre lots and 17 homes on two-acre lots. Nineteen of these homesRead More
Texas Jobs Continue to Grow
January 28, 2022Texas added 50,000 jobs in December 2021, a 0.4 percent increase over November and the 19th month out of the last 20 that the state has added jobs, according to the Texas Real Estate Research Center. The 0.4 percent increase in jobs quadrupled the nation’s growth rate. Texas has recovered all jobs (in terms ofRead More
“Insatiable Appetite” for Texas Land, with Highest Demand in Central Texas
December 28, 2021In the Austin-Waco-Hill Country region, “Brokers have buyers lined up” for land purchases, according to Texas Real Estate Research Center at Texas A&M University Research Economist Dr. Charles Gilliland. “If you want property in this region, take a number.” In the third quarter of 2021, Austin-Waco-Hill Country land sold for $5,290 per acre, a 30Read More
Texas Takes Two Spots on List of 2022’s Hottest Housing Markets
November 30, 2021National Mortgage News’ 12 hottest housing markets in 2022 list includes two Texas metros: Austin in fourth place and Dallas-Fort Worth in seventh place. The list cited Austin as having a 5-year annual projected population growth in 2022 of two percent, a 5-year annual projected employment growth in 2022 of 2.4 percent, and a 5-yearRead More
Former California Residents Are Top Texas Newcomers
October 28, 2021In the last 19 of 20 years – excepting the Louisiana to Texas migration following Hurricane Katrina – Californians made up the biggest population moving to Texas, according to the Real Estate Center at Texas A&M University’s, Where Did New Texas Come From During the Pandemic? The share of Californians moving to Texas has increasedRead More
Religious-Based Preschools in Austin, Texas
November 6, 2020People moving to Austin or those who have children entering school for the first time often are curious about what preschool options are available near their neighborhoods. While public schools and various learning philosophies may have their own campuses and programs, we’ve compiled a list of some of the religious-based preschools and Mothers’ Day OutRead More
