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Texas Takes Two Spots on List of 2022’s Hottest Housing Markets

November 30, 2021

National 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

Avery Ranch Homes

Austin Round-Rock housing market remains stable, on track for record year

November 19, 2021

AUSTIN, Texas–– According to the Austin Board of REALTORS® (ABoR) October 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market remains on track for a record-breaking year, even as the market continues its calming trend. Home sales across the MSA decreased 12.1% to 3,250 closings compared to October 2020 as the median salesRead More

Former California Residents Are Top Texas Newcomers

October 28, 2021

In 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

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Housing market continues calming trend across Austin Round-Rock MSA 

October 18, 2021

AUSTIN, Texas – According to the Austin Board of REALTORS® (ABoR) September 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market is continuing its calming trend. Home sales decreased 5.1% compared to September 2020 as the median sales price of $450,000 set a record for the month of September across the MSA. To meet the continuedRead More

Austin-Round Rock MSA Housing Market Calming, Still a Top U.S. Market

September 16, 2021

Sales activity reflects typical seasonality, price gains maintained AUSTIN, Texas – According to the Austin Board of REALTORS® (ABoR) August 2021 Central Texas Housing Report, home sales decreased 4.6% compared to August 2020. The data indicates the market is calming as typical seasonality has returned in terms of number of closings, even as median salesRead More

What Will Texas Real Estate Look Like Going into 2022?

September 15, 2021

The Texas Real Estate Research Center released its 2021 Mid-Year Texas Housing & Economic Outlook, pointing to a more stable Texas housing market heading into 2022 once home inventory shortages from shutdown-related issues subside. The Research Center release stated that home listings have reached a “trough” and now are rising, easing some of the priceRead More

Avery Ranch Homes

Austin-area home sales dip 9.9% in July  

August 23, 2021

Slowing sales growth indicates market stabilization Residential home sales decreased across the Austin-Round Rock Metropolitan Statistical Area (MSA) for the first time since May 2020, according to the Austin Board of REALTORS® July 2021 Central Texas Housing Report. Despite the dip, the five-county MSA was just 445 homes shy of breaking the all-time home sales record setRead More

Mid-Year 2021 Texas Housing Outlook

August 17, 2021

The Texas Real Estate Research Center produced its 2021 Mid-Year Texas Housing and Economic Outlook, with the remainder of this year looking similar to the year thus far for the housing market: “strong demand with low inventories accompanied by strong price growth.” As has been the case, homes priced less than $300,000 will be especiallyRead More

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Texas Home Inventory Sinks to Record Low

July 23, 2021

Inventory for Texas homes for sale sank below 1.2 months in May 2021, the first time in series history, according to the Real Estate Center at Texas A&M University. This low was a result of an increase in sales activity and a decrease in homes added to the Multiple Listing Service. An inventory supply ofRead More

Volume of Homes Sold in June 2021 Sets Records

July 16, 2021

Volume of homes sold in June sets records, demonstrates sustained market strength across Austin-Round Rock MSA Market also posted significant gains in first half of 2021  AUSTIN, Texas — According to the Austin Board of REALTORS® (ABoR) June and Midyear Central Texas Housing Market Report, 4,369 homes sold in June, a record for the month of June, across the Austin-Round Rock Metropolitan Statistical AreaRead More