WalletHub: Austin is Third Best U.S. City
August 16, 2018WalletHub named Austin, Texas the third best big city to live in within the United States. Seattle, Washington and Virginia Beach, Virginia took the top two spots, while San Francisco, San Diego, and Honolulu rounded out the top five. The top three scores were very close, with scores of 63.63, 63.27, and 63.24. There wasRead More
Texas Economic Expansion Continues
July 22, 2018Increases in energy and manufacturing activity led to a continued expansion in the Texas economy for May 2018, according to the Real Estate Center at Texas A&M University. Workers also are being drawn back into the workforce, due to low unemployment. The Dallas Fed’s Business-Cycle Index rose 5.5 percent, to its highest level since 2014.Read More
U.S. Home Outlook Steady in Second Quarter of 2018
July 22, 2018Seventy-five percent of Americans believe it’s a good time to sell a house, according to recent findings from the National Association of Realtors® and released in its Housing Opportunities and Market Experience (HOME) survey. Sixty-eight percent of Americans think now is a good time to buy a house. The survey also found that most consumers think pricesRead More
Austin, Texas Real Estate Market Update and Statistics July 2018
July 18, 2018June 2018 Austin-area Home Sales Slow but Still on Track for Record Austin-area home sales slowed in June 2018, with a 2.7 percent dip compared to June 2017, according to the Austin Board of REALTORS® June & Midyear 2018 Central Texas Housing Market Report. Despite this, the area “experienced strong and steady growth in theRead More
Austin luxury home sales up 25%, prices down 15% in Eanes ISD so far in 2018
July 4, 2018We ran the Austin luxury home sale statistics and the results are quite interesting and noteworthy. Please note that we are defining luxury home sales as residential properties of all types (single-family, condos, townhomes, etc.) that sold for $1M or above. We are comparing Jan 1 to June 15 of 2017 compared to the sameRead More
First Quarter 2018 Texas Housing: Sales Up, Prices Up
June 18, 2018For the first quarter of 2018, Texas home sales and Texas home prices both increased, while inventory and active listings decreased, according to the Texas Association of REALTORS® Texas Quarterly Housing Report. “The momentum from the end of 2017 has moved into 2018, as Texas homes continue to be in high demand,” said TAR ChairmanRead More
Texas Small Land Sales Increase
June 18, 2018Small land sales in Texas increased 8.5 percent to 7,588 sales in 2017, the fifth straight year for an increase, according to the Texas Association of REALTORS® Texas Small Land Sales Report. Sales total dollar volume topped $1 billion for the first time. However, the average price per acre experienced a 2.2 percent decline toRead More
Austin, Texas Real Estate Market Update and Statistics June 2018
June 15, 2018Austin Housing Prices Up, Inventory Down Historic highs and historic lows are now the norm in Austin real estate, with record-breaking median home prices and consistently low inventory levels. According to the Austin Board of REALTORS® May 2018 Central Texas Housing Market Report, the median price for an Austin home reached an all-time high ofRead More
Outdoor Home Projects Offer Financial Returns and Owner Satisfaction
May 25, 2018Thinking about remodeling? Homeowners should consider looking outdoors for their next upgrade, as outdoor projects can bring both financial reward and owner satisfaction, according to the National Association of Realtors®’and National Association of Landscape Professionals’ 2018 Remodeling Report: Outdoor Features. The report looked at 13 outdoor residential projects and found that Realtors® ranked standard lawnRead More
Austin Housing Starts Up Almost 18 Percent in First Quarter of 2018
May 23, 2018Austin housing starts for the first quarter of 2018 were up 17.6 percent compared to the first quarter of 2017, for a total of 4,064 housing starts, according to Metrostudy. Annual new home starts increased 4.5 percent to 16,457. Attached homes, generally more affordable than single family homes, have seen significant gains, with 353 percentRead More