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Austin-Round Rock MSA Housing Market Posts Strong February, Market Poised for Big Year

March 15, 2022

AUSTIN, TX —According to the Austin Board of REALTORS® (ABoR) February Central Texas Housing Report, closed listings increased 11.3% year over year to 2,581 sales across the Austin-Round Rock MSA last month. Combined with a new record median price, which rose 27.9% year over year to an all-time high of $499,995, 2022 is shaping upRead More

New Luxury Home Project Coming to Dripping Springs

February 24, 2022

Southern Land Company has purchased approximately 70 acres of land in Dripping Springs for a high-end, luxury home community. In a scenic and secluded area near Treaty Creek Distilling at the end of Silver Creek Road, the community will offer 10 homes on 1.5-acre lots and 17 homes on two-acre lots. Nineteen of these homesRead More

Austin-Round Rock MSA sales, new listings dip as experts call for updated policies to encourage more housing, streamlined process

February 22, 2022

AUSTIN, TX —In January, the Austin-Round Rock MSA housing market experienced an overall decline in closed sales compared to January 2021 as the number of closed listings fell 5.8% to 2,295, according to the Austin Board of REALTORS® latest Central Texas Housing Report. Even with the slight downtick in closings and new listings, REALTORS® areRead More

Texas Jobs Continue to Grow

January 28, 2022

Texas added 50,000 jobs in December 2021, a 0.4 percent increase over November and the 19th month out of the last 20 that the state has added jobs, according to the Texas Real Estate Research Center. The 0.4 percent increase in jobs quadrupled the nation’s growth rate. Texas has recovered all jobs (in terms ofRead More

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Austin-Round Rock MSA Housing Market Sets Records in 2021

January 25, 2022

AUSTIN, Texas – According to the December 2021 and Year-End Central Texas Housing Market Report  released by the Austin Board of REALTORS® (ABoR), more homes were sold in the Austin-Round Rock MSA in 2021 than ever before, with residential home sales rising 2.5% year over year to 41,316 homes sold last year. “In 2021, we lived throughRead More

“Insatiable Appetite” for Texas Land, with Highest Demand in Central Texas

December 28, 2021

In the Austin-Waco-Hill Country region, “Brokers have buyers lined up” for land purchases, according to Texas Real Estate Research Center at Texas A&M University Research Economist Dr. Charles Gilliland. “If you want property in this region, take a number.” In the third quarter of 2021, Austin-Waco-Hill Country land sold for $5,290 per acre, a 30Read More

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Austin-Round Rock MSA housing market on track for record year despite dip in November home sales 

December 16, 2021

Majority of homes sold between $250,000-$500,000 in November, indicating accessibility in housing market  AUSTIN, TX — According to the Austin Board of REALTORS® (ABoR) November Central Texas Housing Report, closed listings dipped 4.9% to 3,215 across the Austin-Round Rock MSA in November. This occurred even as the housing market remains on track for a record-breakingRead More

Texas Takes Two Spots on List of 2022’s Hottest Housing Markets

November 30, 2021

National Mortgage News’ 12 hottest housing markets in 2022 list includes two Texas metros: Austin in fourth place and Dallas-Fort Worth in seventh place. The list cited Austin as having a 5-year annual projected population growth in 2022 of two percent, a 5-year annual projected employment growth in 2022 of 2.4 percent, and a 5-yearRead More

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Austin Round-Rock housing market remains stable, on track for record year

November 19, 2021

AUSTIN, Texas–– According to the Austin Board of REALTORS® (ABoR) October 2021 Central Texas Housing Report, the Austin-Round Rock MSA housing market remains on track for a record-breaking year, even as the market continues its calming trend. Home sales across the MSA decreased 12.1% to 3,250 closings compared to October 2020 as the median salesRead More

Former California Residents Are Top Texas Newcomers

October 28, 2021

In the last 19 of 20 years – excepting the Louisiana to Texas migration following Hurricane Katrina – Californians made up the biggest population moving to Texas, according to the Real Estate Center at Texas A&M University’s, Where Did New Texas Come From During the Pandemic? The share of Californians moving to Texas has increasedRead More

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