Austin, Texas Real Estate Market Update and Statistics June 2018

June 15, 2018

Austin Housing Prices Up, Inventory Down Historic highs and historic lows are now the norm in Austin real estate, with record-breaking median home prices and consistently low inventory levels. According to the Austin Board of REALTORS® May 2018 Central Texas Housing Market Report, the median price for an Austin home reached an all-time high ofRead More

May 2018 Austin Real Estate Market Stats Infographic

Outdoor Home Projects Offer Financial Returns and Owner Satisfaction

May 25, 2018

Thinking about remodeling? Homeowners should consider looking outdoors for their next upgrade, as outdoor projects can bring both financial reward and owner satisfaction, according to the National Association of Realtors®’and National Association of Landscape Professionals’ 2018 Remodeling Report: Outdoor Features. The report looked at 13 outdoor residential projects and found that Realtors® ranked standard lawnRead More

Austin Housing Starts Up Almost 18 Percent in First Quarter of 2018

May 23, 2018

Austin housing starts for the first quarter of 2018 were up 17.6 percent compared to the first quarter of 2017, for a total of 4,064 housing starts, according to Metrostudy. Annual new home starts increased 4.5 percent to 16,457. Attached homes, generally more affordable than single family homes, have seen significant gains, with 353 percentRead More

Austin, Texas Real Estate Market Update and Statistics May 2018

May 18, 2018

ABOR report says all price ranges experiencing competition All Austin area real estate price ranges are experiencing pressure due to limited inventory and high demand, according to the Austin Board of REALTORS® Central Texas Housing Market Report based on data from April 2018. Pending sales in the Austin-Round Rock MSA increased 14.3 percent in AprilRead More

April 2018 Market Stats Infographic

Texas Economic Outlook March 2018

March 23, 2018

A new report has been issued by the Real Estate Center at Texas A&M University for the Texas economy, and results continue to look strong overall thanks in part to a strong United States economy and increasing energy prices. Issued in mid-March based on January data, the report stated that housing affordability, potential volatility inRead More

Austin, Texas Real Estate Market Update and Statistics March 2018

March 16, 2018

Austin Area Home Prices Spike in February 2018 Wondering if this spring would bring a slowdown in the red hot Austin real estate market? Not so far, according to the February 2018 Central Texas Housing Market Report released by the Austin Board of REALTORS®. Prices spiked across the area, according to the report, with theRead More

Austin Named the Top Place to Live in the United States

March 9, 2018

In its 2018 rankings, U.S. News & World Report has named Austin, Texas the number one place to live in the United States. With a score of 7.8, the capital city was compared to the 100 most populous metro areas in the U.S. and scored based on value, desirability, job market, and quality of life.Read More

Expect 6.6 Percent Growth in Texas Home Sales in 2018, Says Real Estate Center

February 23, 2018

Single family home sales in Texas are expected to increase by 6.6 percent in 2018, according to the Real Estate Center at Texas A&M University, even as builders statewide are continuing to struggle to meet affordable housing needs. It’s a “difficult task” to build homes priced less than $300,000, due to rising land costs andRead More

WalletHub: Austin is the Nation’s Best State Capital

February 20, 2018

Austin, Texas is the 2018 best state capital to live in, according to WalletHub, which compared all 50 United States capitals on factors such as affordability, economics, education and health, and living standards. Austin scored a 67.73 on its State Capital Index score, besting second place Madison, Wisconsin by over three points. Boise, Idaho; Lincoln,Read More

Austin, Texas Real Estate Market Update and Statistics February 2018

February 15, 2018

January 2018 shows continued strength of Austin-area real estate market: Record-breaking sales and prices could continue Home sales increased across the five-county Austin Metropolitan Statistical Area in January 2018, “setting the pace for what could be another record-breaking year,” according to the Austin Board of REALTORS® January 2018 Central Texas Housing Market Report. Sold pricesRead More