Texas Housing Construction Permits Reach Pre-Recession Levels

January 31, 2018

Following a low-momentum period, Texas single-family housing construction permits jumped 17.2 percent in November 2017 to reach pre-recession levels, according to the Real Estate Center at Texas A&M University. In Austin, construction permits were up 24.9 percent, with Dallas permits increasing 13.9 percent. Additionally, the Texas Residential Construction Leading Index reached its highest level sinceRead More

Austin, Texas Real Estate Market Update and Statistics January 2018

January 19, 2018

2017: Another Record-Breaking Year for Austin-area Real Estate Austin-area real estate achieved another record-breaking year in 2017, with home sales volume increasing 2.4 percent to 30,059 sales and median home price increasing 5.4 percent to $299,900, according to the Austin Board of REALTORS® December and Year-End 2017 Central Texas Housing Market Report. For home salesRead More

Texas Economic Outlook

January 16, 2018

The Real Estate Center at Texas A&M University has released its January 2018 outlook for the Texas economy, with major factors robust, including those involved with residential real estate. Housing sales across the state expanded, despite “shortages of homes priced under $300,000,” which is making entry level and starter home purchases potentially more difficult forRead More

Austin a Top U.S. City for Tech-Savvy Millennials

December 29, 2017

Austin, Texas is a top United States city for tech-savvy millennials, according to Forbes. Austin, along with Denver, Seattle, Pittsburgh, Durham, and Minneapolis were recently featured cities that provide millennials “the social, cultural and intellectual stimulation that they seek,” as well as an affordable cost of living. Forbes said the key to success for millennials,Read More

MADD Hosts 20th Annual Austin Jingle Bell 5K

December 21, 2017

Mother Against Drunk Driving hosted its 20th annual Austin Jingle Bell 5K recently at the Domain. With thousands of participants, the event is designed to bring awareness to the issues of drunk driving, drugged driving, and underage drinking. Regent Property Group Broker Brian Talley and Regent Co-owner Erika Talley hosted a booth at the familyRead More

Austin, Texas Real Estate Market Update and Statistics December 2017

December 18, 2017

Austin-Area Home Sales Volume Up, Austin Volume Slows Home sales volume in the Austin-Round Rock Metropolitan Statistical Area increased in November 2017, while home sales within the city of Austin decreased, according to the Austin Board of REALTORS® November 2017 Central Texas Housing Market Report. Austin-Round Rock home sales increased 3.7 percent compared to NovemberRead More

Texas Land Price Increases Slow

November 30, 2017

Interested in a piece of Texas land? A recent slowdown in price increases indicates this may be a good time to jump into the land market. According to a report by the Real Estate Center at Texas A&M University’s Charles E. Gilliland and Tian Su, Texas land markets in the third quarter of 2017 experiencedRead More

Austin, Texas Real Estate Market Update and Statistics November 2017

November 17, 2017

2017 on pace to be another record-breaking year The real estate market for the Austin-Round Rock Metropolitan Statistical Area is poised for another record-breaking year in 2017, following an increase in home sales in October 2017. According to the Austin Board of REALTORS® Central Texas Housing Market Report, Austin-area single family home sales in OctoberRead More

Texas Housing Market Rebounds after Hurricane

November 15, 2017

Even after Hurricane Harvey in August 2017, which resulted in 71,000 uninhabitable homes, the Texas housing market experienced a rebound in September 2017, according to the Real Estate Center at Texas A&M University. The Houston market represents 25 percent of the Texas housing market, and with uninhabitable homes plus 270,000 damaged homes in the GulfRead More

Austin: United States’ Most Changed City

October 30, 2017

Longtime residents of Austin, Texas might be heard saying, “This city sure has changed.” And they’d be right, according to a MagnifyMoney study, which named Austin the most changed metro area in the United States over the last ten years. Looking at nine elements of change from 2006 to 2016 among the 50 largest metros,Read More