Austin, Texas Real Estate Market Update and Statistics January 2018
January 19, 20182017: 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, 2018The 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, 2017Austin, 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, 2017Mother 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, 2017Austin-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, 2017Interested 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, 20172017 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, 2017Even 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, 2017Longtime 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
Even with a Hurricane, Texas Economy Thrives
October 27, 2017Even with the impacts of Hurricane Harvey, the Texas economy is continuing to create more jobs, according to the Monthly Review of the Texas Economy by Ali Anari with the Real Estate Center at Texas A&M University. From September 2016 to September 2017, Texas gained 256,100 nonagricultural jobs for an annual growth rate of 2.1Read More