<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=773769319330148&ev=PageView&noscript=1" />

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

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

Texas Economic Outlook

January 23, 2019

The Texas economy continued to expand in November 2018, but did lose some steam, according to a Real Estate Center at Texas A&M University report. Factors weighing down the expansion included lower oil prices, lower home sales, and weaker hiring in the service sector. Factors elevating the expansion included upward wages due to low unemploymentRead More

Texas Housing Sales Down Slightly Following Double-Digit Increase

January 18, 2019

Texas housing sales were down 1.1 percent in November 2018, after a double-digit increase in October 2018, according to the Real Estate Center at Texas A&M University’s Texas Housing Insight. San Antonio was the only metro area in Texas to see an increase, with a record-high 2,920 sales and a 5.2 percent increase compared toRead More

Technology and REALTORS® Comprise Today’s Home Buyer Process

December 12, 2018

Homebuyers today are relying heavily on both technological resources and their Realtors® as they navigate the process of home shopping and closing, according to the National Association of Realtors®’ Real Estate in a Digital Age report. According to the report, finding the right home ranked as the most difficult step in purchasing a home, andRead More

Texas Housing Construction Highest since 2008

November 30, 2018

In September 2018, current home construction activity in Texas reached the highest level since 2008, according to the latest report from the Real Estate Center at Texas A&M University. While the Residential Construction Cycle (Coincident) Index reached a recent high, the Leading Index ticked down for the first time in 2018. Austin developed 11,339 newRead More

Texas Home Sales on Track for Record-Breaking Year

October 30, 2018

Texas real estate is trending toward another record-breaking year in 2018, following an increase in third quarter sales and prices, according to the Texas Association of REALTORS® Texas Quarterly Housing Report. Home sales were up 4.4 percent for the quarter when compared to the third quarter of 2017, and median price also was up 4.4Read More

Colorful Mueller Suburb Solar Panel Rooftops and Modern Austin Living

International Homebuyers Add $11 billion to Texas Economy from 2017-2018

September 28, 2018

International homebuyers purchasing Texas real estate added $10.89 billion to the Texas economy from April 2017 to March 2018, according to the Texas Association of REALTORS® Texas International Homebuyers Report. This placed Texas third in the nation for international home sales volume, behind Florida and California, with Arizona and New York rounding out the topRead More