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Austin-area Housing Inventory Drops in May 2020 Leading to Lower Sales

June 22, 2020

Home sales in the Austin-Round Rock Metropolitan Statistical Area decreased 29.2 percent in May 2020, as inventory continued to drop amidst the coronavirus pandemic, reaching only a two-month supply. Median price inched up 0.7 percent across the region to $329,893, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Within the cityRead More

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Many Realtors® Hopeful for Post-Pandemic Market Rebound

April 13, 2020

Many Realtors® are hopeful there will be a post-pandemic real estate rebound, according to a National Association of Realtors® survey. While a spring slowdown is expected across the board, the majority of agents believe buyers and sellers will return to the market as “delayed transactions” once the crisis point has passed. The survey found 59Read More

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Austin, Texas Real Estate Market Update and Statistics March 2020

March 19, 2020

Austin-area February 2020 Housing Sales Strong Austin-area home sales increased 6.8 percent in February 2020 in the Austin-Round Rock Metropolitan Statistical Area, while median price was up 12 percent to $327,140, according to the Austin Board of REALTORS® monthly real estate statistics report. It’s unknown how COVID-19 will impact the area real estate market, butRead More

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Major Neighborhoods in Dripping Springs ISD

November 13, 2019

Dripping Springs Independent School District is a popular school district west of Austin with a reputation of success in academics, athletics, and extracurricular activities. Here are some of the neighborhoods that can feed into Dripping Springs ISD. (View all homes in Dripping Springs ISD.) Belterra View homes for sale in Belterra On over 1,600 acresRead More

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Major Neighborhoods in Leander ISD

November 13, 2019

Leander Independent School District is a popular choice for many looking to buy a home northwest of Austin and in the surrounding suburban areas. We’ve compiled some of the larger neighborhoods that can feed into this district below. (View all homes in Leander ISD.) Steiner Ranch View homes for sale in Steiner Ranch Steiner RanchRead More

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Major Neighborhoods in Lake Travis ISD

November 13, 2019

When looking for a home west of Austin, many home buyers specifically look towards homes zoned for the highly rated Lake Travis Independent School District, a growing school district that has experienced success in academics, athletics, and extracurricular activities. Here, we have compiled some of the neighborhoods that can feed into Lake Travis ISD. (ViewRead More

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Austin Named #1 Real Estate Prospect for 2020

October 28, 2019

Austin, Texas was named the top real estate prospect city in the United States for 2020 in the Urban Land Institute’s Emerging Trends in Real Estate report, as reported by the Real Estate Center at Texas A&M University. Rising to first place from sixth place in 2019, the report cited Austin’s “deep talent pool, unique lifestyle,Read More

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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

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

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