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
Austin, Texas Real Estate Market Update and Statistics May 2018
May 18, 2018ABOR report says all price ranges experiencing competition All Austin area real estate price ranges are experiencing pressure due to limited inventory and high demand, according to the Austin Board of REALTORS® Central Texas Housing Market Report based on data from April 2018. Pending sales in the Austin-Round Rock MSA increased 14.3 percent in AprilRead More
Texas Economic Outlook March 2018
March 23, 2018A new report has been issued by the Real Estate Center at Texas A&M University for the Texas economy, and results continue to look strong overall thanks in part to a strong United States economy and increasing energy prices. Issued in mid-March based on January data, the report stated that housing affordability, potential volatility inRead More
Austin, Texas Real Estate Market Update and Statistics March 2018
March 16, 2018Austin Area Home Prices Spike in February 2018 Wondering if this spring would bring a slowdown in the red hot Austin real estate market? Not so far, according to the February 2018 Central Texas Housing Market Report released by the Austin Board of REALTORS®. Prices spiked across the area, according to the report, with theRead More
Austin Named the Top Place to Live in the United States
March 9, 2018In its 2018 rankings, U.S. News & World Report has named Austin, Texas the number one place to live in the United States. With a score of 7.8, the capital city was compared to the 100 most populous metro areas in the U.S. and scored based on value, desirability, job market, and quality of life.Read More
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