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Texas Jobs Continue to Grow

January 28, 2022

Texas added 50,000 jobs in December 2021, a 0.4 percent increase over November and the 19th month out of the last 20 that the state has added jobs, according to the Texas Real Estate Research Center. The 0.4 percent increase in jobs quadrupled the nation’s growth rate. Texas has recovered all jobs (in terms ofRead More

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Austin-Round Rock MSA Housing Market Sets Records in 2021

January 25, 2022

AUSTIN, Texas – According to the December 2021 and Year-End Central Texas Housing Market Report  released by the Austin Board of REALTORS® (ABoR), more homes were sold in the Austin-Round Rock MSA in 2021 than ever before, with residential home sales rising 2.5% year over year to 41,316 homes sold last year. “In 2021, we lived throughRead More

“Insatiable Appetite” for Texas Land, with Highest Demand in Central Texas

December 28, 2021

In the Austin-Waco-Hill Country region, “Brokers have buyers lined up” for land purchases, according to Texas Real Estate Research Center at Texas A&M University Research Economist Dr. Charles Gilliland. “If you want property in this region, take a number.” In the third quarter of 2021, Austin-Waco-Hill Country land sold for $5,290 per acre, a 30Read More

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Austin-Round Rock MSA housing market on track for record year despite dip in November home sales 

December 16, 2021

Majority of homes sold between $250,000-$500,000 in November, indicating accessibility in housing market  AUSTIN, TX — According to the Austin Board of REALTORS® (ABoR) November Central Texas Housing Report, closed listings dipped 4.9% to 3,215 across the Austin-Round Rock MSA in November. This occurred even as the housing market remains on track for a record-breakingRead More

Texas Takes Two Spots on List of 2022’s Hottest Housing Markets

November 30, 2021

National Mortgage News’ 12 hottest housing markets in 2022 list includes two Texas metros: Austin in fourth place and Dallas-Fort Worth in seventh place. The list cited Austin as having a 5-year annual projected population growth in 2022 of two percent, a 5-year annual projected employment growth in 2022 of 2.4 percent, and a 5-yearRead More

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Austin Round-Rock housing market remains stable, on track for record year

November 19, 2021

AUSTIN, Texas–– According to the Austin Board of REALTORS® (ABoR) October 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market remains on track for a record-breaking year, even as the market continues its calming trend. Home sales across the MSA decreased 12.1% to 3,250 closings compared to October 2020 as the median salesRead More

Former California Residents Are Top Texas Newcomers

October 28, 2021

In the last 19 of 20 years – excepting the Louisiana to Texas migration following Hurricane Katrina – Californians made up the biggest population moving to Texas, according to the Real Estate Center at Texas A&M University’s, Where Did New Texas Come From During the Pandemic? The share of Californians moving to Texas has increasedRead More

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Housing market continues calming trend across Austin Round-Rock MSA 

October 18, 2021

AUSTIN, Texas – According to the Austin Board of REALTORS® (ABoR) September 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market is continuing its calming trend. Home sales decreased 5.1% compared to September 2020 as the median sales price of $450,000 set a record for the month of September across the MSA. To meet the continuedRead More

Austin-Round Rock MSA Housing Market Calming, Still a Top U.S. Market

September 16, 2021

Sales activity reflects typical seasonality, price gains maintained AUSTIN, Texas – According to the Austin Board of REALTORS® (ABoR) August 2021 Central Texas Housing Report, home sales decreased 4.6% compared to August 2020. The data indicates the market is calming as typical seasonality has returned in terms of number of closings, even as median salesRead More

What Will Texas Real Estate Look Like Going into 2022?

September 15, 2021

The Texas Real Estate Research Center released its 2021 Mid-Year Texas Housing & Economic Outlook, pointing to a more stable Texas housing market heading into 2022 once home inventory shortages from shutdown-related issues subside. The Research Center release stated that home listings have reached a “trough” and now are rising, easing some of the priceRead More

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