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Austin, Texas Real Estate Market Update and Statistics December 2020

December 16, 2020

Austin-area Home Sales on Pace to Break Record A record-breaking number of home sales in November helped put the Austin area into potential record-breaking territory for the year, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Sales for the Metropolitan Statistical Area increased 23.8 percent year over year in November, andRead More

Texas Housing Market May Be Economic Hero of 2020

December 15, 2020

Texas Real Estate Research Center at Texas A&M University Senior Data Analyst Joshua Roberson explored the toll of the pandemic on the Texas economy in “Retreat or Resurgence: Which Direction is Texas Housing Headed?” Roberson premised that, years from now, the housing market’s surprising resiliency may be of great note to those who follow theRead More

Austin real estate

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

Austin real estate

Austin, Texas Real Estate Market Update and Statistics November 2020

November 23, 2020

Austin-area Home Sales Grow by Nearly 30 Percent Austin-area home sales increased 29.4 percent year over year in October 2020, according to the Austin Board of REALTORS® Central Texas Housing Market Report, the third consecutive month of double-digit sales growth. Median price increased 13.2 percent to a record high of $365,000. Active listings fell toRead More

Religious-Based Preschools in Austin, Texas

November 6, 2020

People moving to Austin or those who have children entering school for the first time often are curious about what preschool options are available near their neighborhoods. While public schools and various learning philosophies may have their own campuses and programs, we’ve compiled a list of some of the religious-based preschools and Mothers’ Day OutRead More

Waterfront Communities on Lake Travis

November 5, 2020

Lake Travis, with its beautiful waters and impressive terrain, is considered one of the most scenic locations to live in Texas. With 270 miles of shoreline, there are ample opportunities to own homes of various price points along Lake Travis, in communities such as Lakeway, Spicewood, Briarcliff, Hudson Bend, Lago Vista, Pointe Venture, and Volente.Read More

Sunset over Lake Travis in Austin Texas from The Oasis

Texas Housing Market Rebounds as Buyers Take Advantage of Low Interest Rates

October 23, 2020

Texas existing home sales increased 10.7 percent in September 2020 compared to August 2020 and were about 2.6 percent higher than the first three quarters of the year, according to the Real Estate Center at Texas A&M University, which cited homebuyers rushing to take advantage of historically low mortgage rates. “Many prospective homebuyers who wereRead More

Austin Dripping Springs homes

Austin, Texas Real Estate Market Update and Statistics October 2020

October 19, 2020

Austin-area Home Sales Increase Dramatically Home sales in the Austin area increased dramatically in September 2020, as momentum from a later start to the selling season continued to build. Sales in the Austin-Round Rock Metropolitan Statistical Area rose 31.5 percent in September 2020 compared to September 2019, while median price increased 12.1 percent to $355,000,Read More

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Austin, Texas Real Estate Market Update and Statistics September 2020

September 17, 2020

Double-Digit Growth for Austin-area Housing Market in August Home sales for the Austin-Round Rock Metropolitan Statistical Area increased 12.9 percent in August 2020 to a total of 4,019 sales, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Median price also rose by double digits compared to August of last year, increasing 11.3Read More

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

New homes under construction in The Overlooks