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Austin is #1 City where Millennials Live Alone

August 22, 2017

There is a bit of surprising news about millennials living in Austin, according to realtor.com, which analyzed 2015 U.S. Census Bureau data on the largest metro areas in the nation. Of these largest metros, millennials in Austin are the most likely to live alone, with 11.2 percent of millennials renting or owning a home solo.Read More

Austin, Texas Real Estate Market Update and Statistics August 2017

August 18, 2017

Steady July for Austin-area Housing Single-family home sales across the Austin-Round Rock Metropolitan Statistical Area increased 2.8 percent year-over-year in July 2017, with sales in Austin declining 2.5 percent that same month, according to the Austin Board of REALTORS® July 2017 Central Texas Housing Market Report. While Travis County had a 1.1 percent decline inRead More

Austin, Texas Real Estate Market Update and Statistics July 2017

July 22, 2017

Mid-Year 2017 Austin Real Estate Statistics For the first half of 2017, Austin-Round Rock Metropolitan Statistical Area home sales rose 2.8 percent year-over-year to 14,958 home sales, with median price increasing 6.4 percent year-over-year to $300,000, according to the Austin Board of REALTORS® June 2017 Central Texas Housing Market Report.. Active listings increased 15 percentRead More

Housing Prices Continue to Rise in Texas, Austin Highest Increase

July 19, 2017

The latest Texas Housing Insight report from the Real Estate Center at Texas A&M University shows that housing affordability is a challenge throughout the state of Texas. While, nationally, home prices have risen 7.4 percent since 2007, “The Federal Housing Finance Agency Housing Price Index shows Texas homes are 43.1 percent more expensive than theyRead More

Texas, Austin New Home Permits Reach 10-Year High

July 18, 2017

New home single-family construction permits in Texas reached a 10-year high in March 2017, with 10,481 permits issued, an 11.5 percent increase, according to Dr. Luis Torres, a research economist with the Real Estate Center at Texas A&M University. Austin’s 1,547 new home permits were also the most the capital city has seen in aRead More

Austin, Texas Real Estate Market Update and Statistics June 2017

June 16, 2017

Austin-area Home Sales Dollar Volume Hits All-Time High in May 2017 Austin-area home sales hit a record breaking total of $1,234,617,317 for the month of May 2017, an 18.4 percent increase over May 2016, according to the Austin Board of REALTORS® May 2017 Central Texas Housing Market Report. This over $1.2 billion total was helpedRead More

Mortgage Rates Continue to Drop

June 9, 2017

Thirty-year mortgage rates hit their lowest level in almost seven months during the week ending June 8, 2017, falling to 3.89 percent, according to Freddie Mac data as reported by Realtor® Magazine. The article suggests “home buyers may want to rush to lock in” their rates. The 10-year Treasury yield dropped three basis points duringRead More

Record Number of Americans Think Now Is a Good Time to Sell Homes

June 9, 2017

Americans who think now is a good time to sell homes hit a record high of 32 percent in May 2017, according to Fannie Mae’s latest Home Purchase Sentiment Index and reported by Realtor® Magazine. Accordingly, the number of Americans who say now is a good time to buy homes fell by eight percent toRead More

Austin, Texas Real Estate Market Update and Statistics May 2017

May 17, 2017

Home Sales Up in Austin and Surrounding Areas Home sales in the Austin Metropolitan Statistical area increased 3.2 percent in April 2017 compared to April 2016, for a total of 2,640 home sales, according to the April 2017 Austin Board of REALTORS­® Central Texas Housing Market Report. Within the city of Austin, home sales increasedRead More

Austin Jobs Grow by 3.3 Percent

May 15, 2017

Austin jobs grew by 3.3 percent in the 12 months ending March 2017, an addition of 32,700 net new jobs, according to data from the Texas Workforce Commission and the U.S. Bureau of Labor Statistics and compiled by the Austin Chamber of Commerce. This growth makes Austin the tenth fastest growing major metropolitan area ofRead More