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Austin, Texas Real Estate Market Update and Statistics October 2018

October 19, 2018

Steady September 2018 for Austin Real Estate The Austin area real estate market held fairly steady for the month of September 2018, with a less than one percent decrease in number of sales and an almost six percent increase in dollar volume, according to the Austin Board of REALTORS® September 2018 Central Texas Housing MarketRead More

International Homebuyers Add $11 billion to Texas Economy from 2017-2018

September 28, 2018

International homebuyers purchasing Texas real estate added $10.89 billion to the Texas economy from April 2017 to March 2018, according to the Texas Association of REALTORS® Texas International Homebuyers Report. This placed Texas third in the nation for international home sales volume, behind Florida and California, with Arizona and New York rounding out the topRead More

Record Number of Homeowners Believe Good Time to Sell

September 27, 2018

A record high of 77 percent of Americans believe it is a good time to sell a house, according to the National Association of Realtors® third quarter 2018 Housing Opportunities and Market Experience survey. As far as buying a home, 63 percent believe it is a good time to buy. Additionally, an almost record 60Read More

Austin, Texas Real Estate Market Update and Statistics September 2018

September 18, 2018

Highest-grossing August on Record for Central Texas Home Sales Volume The Central Texas residential real estate market ended the summer selling season with a boom in August 2018, with the month being the highest grossing on record for home sales volume, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Home salesRead More

Texas Housing Rebounds in July 2018

September 13, 2018

Housing sales in Texas rebounded in July 2018, with a record level of 29,456 homes sold in Texas through the Multiple Listing Service. This was a 3.8 percent increase over July 2017, with most of the improvement found in homes in the $200,000 to $300,000 range but demand strengthening across the price spectrum, according toRead More

2018: Texas Condominium Sales Slightly Down, Townhome Sales Up

August 16, 2018

Texas condominium sales dropped 2.1 percent from July 2017 to June 2018, while townhome sales increased 6.3 percent, according to the Texas Association of REALTORS® 2018 Texas Condominium Sales Report. “Despite the slight decrease in sales, the Texas condominium and townhome market remains one of the most popular segments of the Texas housing market,” saidRead More

Aerial view of downtown Austin

Austin, Texas Real Estate Market Update and Statistics August 2018

August 16, 2018

Austin-area Experiences Highest Volume of Homes Sold Since 2011, Highest Median Price Ever In July 2018, Austin-area real estate reached its highest home sales volume since July 2011, according to the Austin Board of REALTORS® July 2018 Central Texas Housing Market Report. Median price in the Austin area hit its highest point ever, with aRead More

July 2018 Austin Real Estate Market Stats Infographic

WalletHub: Austin is Third Best U.S. City

August 16, 2018

WalletHub named Austin, Texas the third best big city to live in within the United States. Seattle, Washington and Virginia Beach, Virginia took the top two spots, while San Francisco, San Diego, and Honolulu rounded out the top five. The top three scores were very close, with scores of 63.63, 63.27, and 63.24. There wasRead More

Sunset over downtown Austin, Texas, with Greenbelt in foreground

Texas Economic Expansion Continues

July 22, 2018

Increases in energy and manufacturing activity led to a continued expansion in the Texas economy for May 2018, according to the Real Estate Center at Texas A&M University. Workers also are being drawn back into the workforce, due to low unemployment. The Dallas Fed’s Business-Cycle Index rose 5.5 percent, to its highest level since 2014.Read More

U.S. Home Outlook Steady in Second Quarter of 2018

July 22, 2018

Seventy-five percent of Americans believe it’s a good time to sell a house, according to recent findings from the National Association of Realtors® and released in its Housing Opportunities and Market Experience (HOME) survey. Sixty-eight percent of Americans think now is a good time to buy a house. The survey also found that most consumers think pricesRead More