Austin, Texas Real Estate Market Update and Statistics July 2019

July 19, 2019

Strong Gains for Central Texas Home Sales, Decrease in Austin for First Half of Year For the first half of 2019, the Austin-Round Rock Metropolitan Statistical Area experienced a 4.3 percent increase in home sales, while Austin home sales decreased by 1.6 percent, according to the Austin Board of REALTORS® June and Midyear 2019 CentralRead More

Austin Area home sales June 2019

Texas Housing Sales Hover Near Records

July 8, 2019

The pace of Texas housing sales “inched down” after April’s record-breaking numbers but experienced an upward track in May 2019 that resulted in near record levels in all of the major metros, according to the Real Estate Center at Texas A&M University’s Texas Housing Insight report. The monthly sales numbers maintained the growth the TexasRead More

Bryker Woods home

Record Highs for Texas Housing

June 28, 2019

Low mortgage rates and a strong labor market propelled Texas housing sales to record highs in April 2019, according to the latest Texas Housing Insight Report by the Real Estate Center at Texas A&M University. This increased sales activity is counteracting slight inventory gains, and while “momentum is building in the residential supply pipeline asRead More

Avery Ranch House

Austin, Texas Real Estate Market Update and Statistics June 2019

June 24, 2019

Austin-area Sees Record Home Sales Volume, Austin Median Price Hits All-time High Home sales dollar volume in the Austin-Round Rock Metropolitan Statistical Area increased 14.8 percent to $1,468,980,773 in May 2019 — a record volume, according to the Austin Board of REALTORS®’s monthly housing report. Home sales in the MSA increased 6.2 percent compared toRead More

Austin-Area May 2019

Omni Barton Creek Resort & Spa Celebrates Reopening

May 28, 2019

The Omni Barton Creek Resort & Spa celebrated its grand reopening following an extensive $150 million renovation and expansion that began in November 2017. The ceremonial ribbon cutting ceremony was attended by Texas Governor Greg Abbott. Renovations include a new lobby and arrival area, 493 freshly-designed guestrooms and suites, an all-new conference center with aRead More

Austin, Texas Real Estate Market Update and Statistics May 2019

May 20, 2019

Austin-area Home Sales Up Almost 15 Percent in April 2019 Home sales in the Austin area increased 14.9 percent in April 2019 compared to April 2018, according to the Austin Board of REALTORS® April 2019 Central Texas Housing Market Report. Likewise, sales dollar volume was up 14.1 percent to $1,207,238,711. Prices for the region held steady,Read More

U.S. News and World Report Ranks Austin #1 Best Place to Live

April 30, 2019

U.S. News and World Report ranked Austin, Texas at the top of its annual Best Places to Live in the USA 2019 report. With a total score of 7.6 overall, Austin received high marks for its desirability, with people “drawn to the Texas capital’s music, outdoor spaces and cultural institutions.” For the report, U.S. NewsRead More

Austin, Texas Real Estate Market Update and Statistics April 2019

April 19, 2019

Austin-Area Real Estate Up Slightly in March 2019 Austin-area real estate experienced a small uptick in March 2019, according to the Austin Board of REALTORS® Central Texas Housing Market report. Sales of single-family homes in the Austin-Round Rock Metropolitan Statistical Area increased 1.9 percent in March 2019, to 2,740 home sales. Median price increased 0.8Read More

A recently-sold Austin home

Review of the Texas Economy

March 30, 2019

The state of Texas continues to outpace the United States in job growth and added 268,800 nonagricultural jobs from February 2018 to February 2019, according to the Real Estate Center at Texas A&M University. This equaled a 2.2 percent growth rate, compared to 1.7 percent for the nation’s employment growth rate. Nongovernment jobs were addedRead More

Monthly Texas Housing Insight

March 28, 2019

The Texas housing market remained strong in Texas in January 2019, fueled by a healthy labor market, population growth, and economic expansion, according to the Real Estate Center at Texas A&M University’s March 2019 Texas Housing Insight report. Housing sales increased 1.2 percent, led by a rebound of home sales under $200k, which accounted toRead More