International Homebuyers Pump More than $10 Billion into Texas Real Estate
September 27, 2016International homebuyers pumped more than $10 billion into the Texas economy from April 2015 to March 2016, according to the 2016 Texas International Homebuyers report. This amounted to more than 21,000 Texas homes purchased by international buyers, compared to the previous year’s 16,720 Texas homes for a total of $8.32 billion. Of those international buyers,Read More
Austin, Texas Real Estate Market Update and Statistics September 2016
September 19, 2016Austin-area Median Home Prices Up Over Nine Percent Austin-area home prices rose to $289,990 in August 2016, a 9.4 percent increase compared to August 2015, according to the Austin Board of REALTORS® August 2016 Central Texas Housing Market Report. Austin-area home sales also rose in August 2016, with a 5.3 percent increase resulting in 2,985Read More
Few Underwater Homes in Austin, Texas
September 8, 2016Austin, Texas is among the top United States cities with the highest percentage of homes with positive equity, according to CoreLogic and The Home Story. The San Francisco area leads the way with 99.4% of homeowners having positive equity, with Boulder and Urban Honolulu at 99.1%. Fort Collins came in at 98.6%, with Austin, FortRead More
Austin Rents Continue to Rise, Making Home Ownership More Affordable
August 30, 2016Rent prices in Austin, Texas continue their steady upward climb, rising 0.6 percent between June and July 2016 and up 3.7 percent year-over-year, according to Apartment List’s August 2016 Austin Rent Report. And with 71 percent of Austin renters planning to purchase a home in the future – well over the national average of 60Read More
Largest Starter Homes in the U.S.? Austin, Texas
August 26, 2016Millennial homebuyers have a piece of good news: Austin starter homes are the largest in the nation, at 1,428 square feet, according to Trulia and reported in its article, Room to Roam: Where Starter Home Buyers Can Live Large. Notably, the South in general fared much better than other areas of the country, with fiveRead More
Austin, Texas Real Estate Market Update and Statistics August 2016
August 21, 2016Austin-area Home Sales Down 4.9 Percent, Home Prices up 5.6 Percent Single-family home sales in the Austin-area decreased 4.9 percent in July 2016 compared to July 2015, to 2,900 home sales, but median price saw another increase, rising 5.6 percent to $285,000, according to the July 2016 Central Texas Housing Market Report by the AustinRead More
How Good are the Schools? SAT Scores in the Austin Area
July 22, 2016How good are the schools? This is one of the most important questions homebuyers can face when choosing a neighborhood to call home. As it turns out, there are a variety of central Texas schools and districts that show solid SAT scores, a good indicator of the school’s overall academic level. The Austin Business JournalRead More
Austin Housing Market on Pace for Record-Breaking Year
July 19, 2016The Austin home real estate market remains scorching hot and is on pace to surpass the record-breaking numbers of 2015, according to the Austin Board of REALTORS® June 2016 and Mid-Year 2016 Central Texas Housing Market Report. “The Austin-Round Rock housing market is on track to outpace 2015 market levels, which was a record-breaking yearRead More
Condominium Sales Up in Texas, as Lifestyle and Expense Come into Play
July 13, 2016Condominium sales in Texas’ major metro areas increased during the first half of 2016, seeing demand over townhomes and single-family homes among young professionals and retirees, according to the Texas Association of REALTORS® Texas Condominium Mid-Year Sales Report. The metros of Austin, Dallas, Houston, and San Antonio experienced increases in condo sales between January 2016Read More
Austin, Texas Real Estate Market Update and Statistics June 2016
June 21, 2016Home Sales Jump 10% in Austin-Area Home sales in the Austin-area jumped 10% in May 2016 compared to May of last year, and in Williamson County, the increase was even higher at 19.5 percent, according to the Austin Board of REALTORS® May 2016 Central Texas Housing Market Report. “Housing demand continues to be at anRead More