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Texas Economy Still Outpaces Nation

September 26, 2023

Despite national economic headwinds, the Texas economy continued to show positive signs, with payroll reaching new heights, expanding 3.3 percent year over year, according to the latest Outlook for the Texas Economy from the Texas Real Estate Research Center. Texas had a high workforce participation rate of 64.2 percent, and unemployment remained steady at 4.1Read More

New homes under construction in The Overlooks

Increase in closed sales indicate continued buyer confidence across Austin-Round Rock MSA housing market

September 20, 2023

Inventory increases across MSA, meaning more homes are available AUSTIN, Texas — In the Austin-Round Rock MSA, closed sales rose by 1.4% to 2,939 sales, the first increase in closed sales year over-year since February 2022, according to the Austin Board of REALTORS® August 2023 Central Texas Housing Market Report. Through the Austin-Round Rock MSA,Read More

Go Big and Go Austin

August 25, 2023

Austin, Texas homes are some of the biggest in the nation. And the lots, too. Austin homes ranked third in the nation for biggest homes, coming in at 2,020 square feet, according to a Storage Cafe report. Yard size came in at 8,620 square feet, ranking 12th in the nation. This placed Austin as sixthRead More

Austin-Round Rock MSA housing market demonstrates resilience despite high interest rates

August 17, 2023

AUSTIN, Texas — According to the Austin Board of REALTORS® July 2023 Central Texas Housing Market Report, closed listings increased 0.6% year-over-year to 2,815 closed sales across the Austin-Round Rock MSA. When considering July 2022 is when the market initially began to stabilize, and when combined with pending sales rising 14.5% to 2,892 pending sales,Read More

Texas Economy Shows Resilience

July 25, 2023

Despite economic headwinds, the Texas economy is showing resilience, according to the most recent “Outlook for the Texas Economy” by the Texas Real Estate Research Center. The labor market was a continued “bright spot,” as employment continued to grow. According to the report, “Texas consumers reportedly were 2.6 percent more confident about the economy thanRead More

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Amidst challenging economic conditions, Austin-Round Rock MSA housing market continued to normalize during first half of 2023

July 19, 2023

This month’s Central Texas Housing Summit to shed light on challenges AUSTIN, TX — During the first six months of 2023, the Austin-Round Rock MSA housing market remained robust and continued to normalize despite macroeconomic factors impacting the housing market and economy, according to the Austin Board of REALTORS® Central Texas Housing Market Report. DespiteRead More

Luxury Master-planned Community underway in Spicewood

June 21, 2023

The first phase of Thomas Ranch in Spicewood broke ground this June. The 2,200-acre luxury community off Highway 71 in the Texas Hill Country will offer 3,500 homes when complete, as well as two miles of riverfront, 40 miles of trails, 1,200 miles of preserved or improved open space, a golf course, a boutique hotelRead More

Buyers and sellers see ample opportunity in Austin-Round Rock MSA housing market

June 14, 2023

AUSTIN, Texas — In May, home buyers and sellers saw more opportunity across the Austin-Round Rock MSA according to the Austin Board of REALTORS® May 2023 Central Texas Housing Market Report. Housing inventory grew 2.2 months to 3.4 months of inventory and active listings soared 118.9% to 8,960 active listings indicating buyers and sellers viewRead More

Austin-Round Rock MSA housing market continues to balance, outperform national trends

May 16, 2023

Market is withstanding broader economic conditions AUSTIN, Texas — The Austin-Round Rock MSA housing market is outperforming national trends while continuing to balance, according to the Austin Board of REALTORS® April 2023 Central Texas Housing Market Report. The most recent National Association of REALTORS® data (March 2023) found that home sales declined 22.7% nationally while inRead More

Texas Home Sales Seasonally Trending Upward

May 11, 2023

Texas home sales are trending upward as we move through the second quarter of 2023 but are lower than pre-pandemic sales levels, primarily due to higher interest rates. Housing demand grew for two consecutive months, with total Texas home sales gaining 7.8 percent and 3.7 percent for the last two respective months, according to a TexasRead More

4000 Campo Viejo Cv, Austin, Texas 78746