Expect 6.6 Percent Growth in Texas Home Sales in 2018, Says Real Estate Center
February 23, 2018Single family home sales in Texas are expected to increase by 6.6 percent in 2018, according to the Real Estate Center at Texas A&M University, even as builders statewide are continuing to struggle to meet affordable housing needs. It’s a “difficult task” to build homes priced less than $300,000, due to rising land costs andRead More
WalletHub: Austin is the Nation’s Best State Capital
February 20, 2018Austin, Texas is the 2018 best state capital to live in, according to WalletHub, which compared all 50 United States capitals on factors such as affordability, economics, education and health, and living standards. Austin scored a 67.73 on its State Capital Index score, besting second place Madison, Wisconsin by over three points. Boise, Idaho; Lincoln,Read More
Austin, Texas Real Estate Market Update and Statistics February 2018
February 15, 2018January 2018 shows continued strength of Austin-area real estate market: Record-breaking sales and prices could continue Home sales increased across the five-county Austin Metropolitan Statistical Area in January 2018, “setting the pace for what could be another record-breaking year,” according to the Austin Board of REALTORS® January 2018 Central Texas Housing Market Report. Sold pricesRead More
Texas Housing Construction Permits Reach Pre-Recession Levels
January 31, 2018Following 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, 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