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

Austin, Texas Real Estate Market Update and Statistics March 2019

March 21, 2019

February 2019 Home Sales Break Record More Central Texas homes were sold in February 2019 than in any previous February, according to the Austin Board of REALTORS® February 2019 Central Texas Housing Market report. Sales increased six percent from February 2018 to 2,101 sales. “We’ve been hearing from our members that buying and selling activityRead More

February 2019 Market Stats Infographic

Experts Say Cooler 2019, Stronger 2020 for Texas Housing

February 28, 2019

Experts with the Real Estate Center at Texas A&M University say that single family home sales will slow in 2019 and then bounce back in 2020. “This cooling period is necessary after multiple years of explosive growth, allowing the market to adjust in areas of extreme shortages and rapid affordability declines,” a release stated. MedianRead More

Texas 18th Nationwide for Homeowner Costs

February 27, 2019

Texas is 18th in the nation for average annual homeowner cost among those who have a mortgage, based on 2017 United States Census Data compiled by Ali Anari with the Real Estate Center at Texas A&M University. These costs include real estate taxes, insurance premiums, utility payments, and property debts. Housing costs on median inRead More

Austin, Texas Real Estate Market Update and Statistics February 2019

February 25, 2019

Austin-area Home Sales Flat, Median Price Appreciation Slows Austin-area home sales decreased by 1.8 percent in January 2019, while median price increased 2.4 percent to $296,999, according to the Austin Board of REALTORS®  January 2019 Central Texas Housing Market report. Housing inventory was still extremely tight, with a 2.3 month supply even following a 0.4Read More

January 2019 Austin-area Market Stats Infographic