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Texas Job Growth Outpaces U.S.

November 30, 2018

Nonagricultural job growth in Texas nearly doubled that of the United States, with a 3.1 percent increase from October 2017 to October 2018, compared to 1.7 percent for the U.S., according to the Real Estate Center at Texas A&M’s Monthly Review of the Texas Economy. Nongovernment jobs also increased: 3.7 percent in Texas compared toRead More

Austin, Texas Real Estate Market Update and Statistics November 2018

November 16, 2018

Austin-Area Experiences Record-Breaking Home Sales for October 2018 October 2018 home sales in the Austin area were the highest on record for any October, increasing 8.8 percent to top $900 million, according to the Austin Board of REALTORS® October 2018 Central Texas Housing Market Report. Additionally, sales volume increased 4.3 percent compared to last October,Read More

October 2018 Austin Market Stats Infographic

Texas Almost Doubles U.S. Job Creation Rate

October 31, 2018

Texas gained nonagricultural jobs at a rate of 3.3 percent from September 2017 to September 2018, almost doubling the nation’s growth rate of 1.7 percent, according to the Monthly Review of the Texas Economy by the Real Estate Center at Texas A&M University. Nongovernment jobs also almost doubled that of the United States’ rate, withRead More

New Home Construction in Texas Gains Momentum

October 31, 2018

New home construction in the state of Texas is gaining steam, according to the most recent Texas Housing Insight report by the Real Estate Center at Texas A&M University. Construction permits for single-family homes increased 14.1 percent year-to-date (to August 2018), with Texas remaining the leader across the United States with 16 percent of totalRead More

Austin, Texas Real Estate Market Update and Statistics October 2018

October 19, 2018

Steady September 2018 for Austin Real Estate The Austin area real estate market held fairly steady for the month of September 2018, with a less than one percent decrease in number of sales and an almost six percent increase in dollar volume, according to the Austin Board of REALTORS® September 2018 Central Texas Housing MarketRead More

Austin, Texas Real Estate Market Update and Statistics September 2018

September 18, 2018

Highest-grossing August on Record for Central Texas Home Sales Volume The Central Texas residential real estate market ended the summer selling season with a boom in August 2018, with the month being the highest grossing on record for home sales volume, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Home salesRead More

Austin, Texas Real Estate Market Update and Statistics August 2018

August 16, 2018

Austin-area Experiences Highest Volume of Homes Sold Since 2011, Highest Median Price Ever In July 2018, Austin-area real estate reached its highest home sales volume since July 2011, according to the Austin Board of REALTORS® July 2018 Central Texas Housing Market Report. Median price in the Austin area hit its highest point ever, with aRead More

July 2018 Austin Real Estate Market Stats Infographic

U.S. Home Outlook Steady in Second Quarter of 2018

July 22, 2018

Seventy-five percent of Americans believe it’s a good time to sell a house, according to recent findings from the National Association of Realtors® and released in its Housing Opportunities and Market Experience (HOME) survey. Sixty-eight percent of Americans think now is a good time to buy a house. The survey also found that most consumers think pricesRead More

Austin, Texas Real Estate Market Update and Statistics July 2018

July 18, 2018

June 2018 Austin-area Home Sales Slow but Still on Track for Record Austin-area home sales slowed in June 2018, with a 2.7 percent dip compared to June 2017, according to the Austin Board of REALTORS® June & Midyear 2018 Central Texas Housing Market Report. Despite this, the area “experienced strong and steady growth in theRead More

Austin luxury home sales up 25%, prices down 15% in Eanes ISD so far in 2018

July 4, 2018

We ran the Austin luxury home sale statistics and the results are quite interesting and noteworthy. Please note that we are defining luxury home sales as residential properties of all types (single-family, condos, townhomes, etc.) that sold for $1M or above. We are comparing Jan 1 to June 15 of 2017 compared to the sameRead More