Buyers and sellers see ample opportunity in Austin-Round Rock MSA housing market
June 14, 2023AUSTIN, Texas — In May, home buyers and sellers saw more opportunity across the Austin-Round Rock MSA according to the Austin Board of REALTORS® May 2023 Central Texas Housing Market Report. Housing inventory grew 2.2 months to 3.4 months of inventory and active listings soared 118.9% to 8,960 active listings indicating buyers and sellers viewRead More
Georgetown, Texas is Fastest Growing City in U.S.
May 22, 2023Georgetown, Texas is the fastest growing city in the United States for the second year in a row. The town about 30 miles north of Austin grew by 14.4 percent between July 2021 and July 2022, according to the U.S. Census Bureau. The Census estimated the town at about 87,000 people in 2022. Georgetown isRead More
New HEB Opens on Lake Austin Boulevard
May 18, 2023HEB has opened its first multi-level store in Austin, with a 97,000-square foot store at 2652 Lake Austin Boulevard that has a two-story porch with views of the lake. HEB Lake Austin includes a True Texas BBQ restaurant, SouthFlo Pizza restaurant, a full bar with indoor and outdoor seating, and a coffee shop with specialtyRead More
Austin-Round Rock MSA housing market continues to balance, outperform national trends
May 16, 2023Market is withstanding broader economic conditions AUSTIN, Texas — The Austin-Round Rock MSA housing market is outperforming national trends while continuing to balance, according to the Austin Board of REALTORS® April 2023 Central Texas Housing Market Report. The most recent National Association of REALTORS® data (March 2023) found that home sales declined 22.7% nationally while inRead More
Texas Home Sales Seasonally Trending Upward
May 11, 2023Texas home sales are trending upward as we move through the second quarter of 2023 but are lower than pre-pandemic sales levels, primarily due to higher interest rates. Housing demand grew for two consecutive months, with total Texas home sales gaining 7.8 percent and 3.7 percent for the last two respective months, according to a TexasRead More
Texas Economic Outlook
April 28, 2023Home sales in Texas increased 3.4 percent month over month in January 2023, the largest month over month increase since the second half of 2022. However, compared to the frenzy of last January, sales were down 20 percent. Austin and Houston rebounded the most, with more homes in Austin selling than in San Antonio andRead More
Bee Cave Named Dark Sky Community
April 27, 2023DarkSky International has certified the City of Bee Cave as an International Dark Sky Community. The town, in an environmentally sensitive region west of Austin, has been working towards the certification for years, including by passing a 2022 city lighting ordinance designed to protect the darkness of the night sky. In a release from theRead More
Large Land Sales Slow in Texas
April 21, 2023Large land sales in Texas have slowed from their feverish pace, but prices continue to rise, according to “Texas Land Market Latest Developments” by the Texas Real Estate Research Center. Annual sales for large land sales in Texas decreased 26.3 percent year over year in the fourth quarter of 2022, while quarterly totals decreased 25.8Read More
Central Texas housing market ends quarter with momentum for both buyers and sellers
April 18, 2023Job growth and mortgage rates fuel a demand-driven housing market AUSTIN, Texas — Austin-Round Rock MSA housing inventory topped 3.0 months in March, while an increase in new and active listings indicates favorable market conditions for buyers and sellers, according to the Austin Board of REALTORS® latest Central Texas Housing Report. “This spring has usheredRead More
Austin-Round Rock MSA adds housing inventory as home builder confidence grows
March 16, 2023AUSTIN, Texas — In February, home buyers continued to gain leverage across the Austin-Round Rock MSA as housing inventory increased to 2.6 months according to the Austin Board of REALTORS® latest Central Texas Housing Report. This increase in supply fuels growing confidence in the market from REALTORS® and home builders across Central Texas. “Austin’s housingRead More
