Luxury Development Atten Hill Breaks Ground on Lake LBJ
March 19, 2025A new luxury housing development is coming to Horseshoe Bay. Crescent Real Estate LLC broke ground on Atten Hill, a 114-acre development in the Summit Rock neighborhood. The project will include 92 home sites with builders including Modern Homestead, Canyon Creek Homes, Seven Custom Homes, and Sterling Custom Homes. The first phase will include 55Read More
Austin Leads in Employment Gains
February 24, 2025Austin-Round Rock employment growth was tops among the main metro areas of Texas, with a 0.3 percent increase in employment to end the year, adding 4,700 jobs, according to the Outlook for the Texas Economy by the Texas Real Estate Research Center. Dallas-Fort Worth-Arlington employment grew by 0.2 percent, as did San Antonio-New Braunfels, whileRead More
Texas Home Sales of $1 Million+ Reach Second Highest on Record
January 23, 2025The number of Texas homes selling for $1 million or more from November 2023 to October 2024 was the second highest on record, according to the Texas Realtors® Texas Sales of Million-Dollar Homes Report. This followed only the period from November 2021 to October 2022, when the post-Covid rush was in full swing. The periodRead More
Texas Economy: Austin Stands out with Home Sales
October 29, 2024Texas home sales declined 6.2 percent in August 2024, according to Outlook for the Texas Economy by Texas Real Estate Research Center. The Austin area was the only metro in the Big Four to see an increase in sales, with a 2.7 percent increase. The Dallas area had a notable 10.4 percent decline in homeRead More
Young and Rich Moving to Texas
September 9, 2024Texas is second in the nation to attract the young and rich, according to SmartAsset, which used IRS data to analyze states’ net inflow of young and rich households – those from 26 to 35 who earn at least $200,000 per year. Texas was second only to Florida, and these #1 and #2-ranked states attractedRead More
Texas Employment Steady, Inflation Down
August 20, 2024Texas employment held steady in the latest Outlook for the Texas Economy report from the Texas Real Estate Research Center, with nonfarm employment decreasing less than 0.01 percent in June 2024 compared to May. The state capital of Austin added 1,100 employees or 0.1 percent. While this is an increase, Austin added 3,800 employees theRead More
Luxury Housing Development Coming to Lake Austin
July 8, 2024Lake Austin will be home to a new luxury housing development from Turnbridge Equities, Austin Capital Partners, and Four Seasons Hotel and Resorts. The development will be named the Four Seasons Private Residences Lake Austin and will be set on 145 acres on Bridge Point Parkway, with views of Pennybacker Bridge, the hills of WestRead More
Texas Attracts Almost Half a Million New Workers
February 26, 2024Texas attracted 497,454 potential workers over the past 12 months, according to the Texas Real Estate Research Center’s Outlook for the Texas Economy. This rate continues to “surpass the record-high total labor force according to the household survey.” The unemployment rate fell to 4 percent, the first decrease since April 2023, while the participation rateRead More
New Luxury Lake Travis Community
December 14, 2023A new luxury master-planned community will be coming to Lake Travis. Travis Club Austin will begin construction on its first phase in the beginning of 2024. The first construction phase will include homes, as well as a golf course that is expected to open by the end of 2025. The luxury home community will haveRead More
Two New Luxury Communities Coming Soon to Lake Travis and Spicewood
November 29, 2023Two new luxury home communities are underway in the west of Austin areas of Lake Travis and Spicewood. In Lake Travis, the initial 50 homesites in Travis Club have been sold, according to the Austin Business Journal. This luxury home neighborhood will have 274 single-family lots and 223 villa units. Lot prices begin at $775kRead More