Austin, Texas Real Estate Market Update and Statistics February 2021
February 25, 2021Austin-area Homes Sales Up 24 Percent in January Home sales in the Austin-Round Rock Metropolitan Statistical Area increased 23.9 percent year-over-year in January 2021, while median price increased 19 percent to $365,000, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Housing inventory dropped 1.3 months to a record-low 0.4 months ofRead More
Austin, Texas Real Estate Market Update and Statistics January 2021
January 22, 2021Austin-Round Rock MSA Experiences Record-breaking Housing Market in 2020 The Austin-Round Rock Metropolitan Statistical Area broke yearly and monthly home sales records at the end of 2020, while also reaching a monthly high for median price, according to the Austin Board of REALTORS® December 2020 and Year-End Central Texas Housing Market Report. Over 40,000 homesRead More
Texas Home Sales Set for Large Increase in 2021
January 19, 2021Single-family home sales in Texas are expected to increase over eight percent in 2021, according to the Texas Real Estate Research Center at Texas A&M University. Sales “are expected to maintain a rapid clip this year with an 8.4 percent projected increase,” said Center Research Economist Dr. Luis Torres. He said, “That assumes mortgage ratesRead More
Austin, Texas Real Estate Market Update and Statistics December 2020
December 16, 2020Austin-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, 2020Texas 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
Texas Homeownership Hits All-time High
November 23, 2020Texas’ 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, Texas Real Estate Market Update and Statistics November 2020
November 23, 2020Austin-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, 2020People 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, 2020Lake 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
Texas Housing Market Rebounds as Buyers Take Advantage of Low Interest Rates
October 23, 2020Texas 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
