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Austin, Texas Top U.S. Market for Aspiring Millennial Homebuyers

June 21, 2016

Austin, Texas is the best market in the nation for millennials to purchase real estate, according to a June 2016 report by the National Association of Realtors that reviewed employment, population, income, and housing condition data in the nation’s largest metro areas. Among the rankings, Charleston came in second, followed by Denver, Minneapolis, and Ogden,Read More

Texas Economy Rebounding from Oil Slump

June 13, 2016

Texas’ economy is showing signs of recovery following impacts from a 2015 drop in oil prices, according to the Real Estate Center at Texas A&M University’s Monthly Review of the Texas Economy. In April 2016, Texas had its fourth month with an annual employment growth rate exceeding the annual growth rate in December 2015, whichRead More

Austin, Texas Real Estate Market Update and Statistics May 2016

May 20, 2016

Central Texas Home Sales Jump 12.5 Percent, Austin Median Price Jumps Over Ten Percent Single family home sales in Central Texas increased 12.5 percent in April 2016, compared to April of last year, for a total of 3,863 home sales. However, almost 80 percent of these homes were not sold within the City of AustinRead More

Scorching Pace for Austin Homebuilders in the First Quarter of 2016

May 10, 2016

Central Texas homebuilders began construction on 40 percent more homes in the first quarter of 2016 than in the first quarter of 2105, according to Metrostudy, as reported by the Austin American-Statesman and the Real Estate Center at Texas A&M University. This dramatic rise equaled 3,570 new home starts in the first quarter of thisRead More

Austin Tops in the Nation for Small Business Vitality

May 6, 2016

Austin is ranked number one in the nation for its small business vitality, according to a study by American City Business Journals, in which it rated the vitality of small business in major metropolitan areas across the United States, with a goal of identifying the metro areas most conducive to small businesses creation and development.Read More

Austin, Texas Real Estate Market Update and Statistics April 2016

April 22, 2016

Even with almost eight percent increase in home prices, Austin home sales also up — over nine percent Austin home prices rose yet again this March 2016, according to the latest Multiple Listing Service (MLS) report by the Austin Board of REALTORS®. The median single-family home price in Austin rose to $278,000 in March 2016,Read More

Austin-Round Rock the Sixth Most Educated Metro in the U.S.

April 15, 2016

Austin-Round Rock is the sixth most educated metro area in the country, according to personal finance website ValuePenguin. Based on a study of data from the 200 most populous metropolitan statistical areas in the United States, ValuePenguin looked at factors such as level of schooling attainment, education in relation to poverty, school quality, and educationRead More

Austin Population Surpasses Two Million, Texas Leads the Nation in Population Growth

April 8, 2016

Austin, Texas has reached a new population record, surpassing the two-million mark, according to the U.S. Census Bureau. The Bureau also reported that four Texas metro areas — Austin-Round Rock, San Antonio-New Braunfels, Houston-The Woodlands-Sugar Land, and Dallas-Fort Worth-Arlington — collectively added more people in 2015 than any other state, adding about 412,000 people. Houston-TheRead More

Graduate Programs at UT Ranked among Nation’s Best

March 22, 2016

More than 40 graduate programs at the University of Texas at Austin rank in the top 10 of U.S. News & World Report’s 2017 edition of “Best Graduate Schools,” and three programs rank number one in the United States. The three programs named top in the nation in their respective disciplines are accounting in theRead More

Austin, Texas Real Estate Market Update and Statistics March 2016

March 22, 2016

Austin-area Home Prices Still Increasing Austin-area home price growth still shows no sign of slowing down. Compared to February of 2015, median home prices for February 2016 increased eight percent to a median price of $269,900, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. Home sales increased 2.9Read More