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Rural Texas Properties Experience Surge in 2020

February 26, 2021

Sales for small rural properties surged in the latter part of 2020, possibly boosted by concerns over COVID-19 and civil unrest in urban areas, according to the Texas Real Estate Research Center at Texas A&M University’s See Ya Later, Next-Door Neighbor: Urban Buyers Stampede to Rural Texas by Charles E. Gilliland. According to the article,Read More

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Texas Home Sales Set for Large Increase in 2021

January 19, 2021

Single-family home sales in Texas are expected to increase over eight percent in 2021, according to the Texas Real Estate Research Center at Texas A&M University. Sales “are expected to maintain a rapid clip this year with an 8.4 percent projected increase,” said Center Research Economist Dr. Luis Torres. He said, “That assumes mortgage ratesRead More

Texas Homeownership Hits All-time High

November 23, 2020

Texas’ homeownership rate hit an all-time high of 70 percent in September 2020, with Austin leading the way in Texas’ Urban Triangle, according to the latest Texas Housing Insight report from the Real Estate Center at Texas A&M University. This rate placed state homeownership higher than nationally (67.4 percent) for the first time since 2012.Read More

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Texas New Home Sales Exploding with Increased Demand

September 15, 2020

Homebuilders across the state are racing to meet “exploding” demand for new homes, said Real Estate Center at Texas A&M University Chief Economist Dr. Jim Gaines. With high demand and low inventory, new home prices are continuing to rise. However, he said, “Now is a good time to buy a home. Interest rates are low,Read More

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Ninety-two Percent of Realtors® Say Market Is in Recovery

July 21, 2020

Following setbacks from the coronavirus pandemic, more than nine out of 10 Realtors® reported that the market is recovering. Ninety-two percent of National Association of Realtors® respondents said their buyers have either returned or never left the market. Eighty-nine percent said their sellers have either returned or never left the market. The report also found,Read More

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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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