AUSTIN, Texas – May 19, 2016 – Single-family home sales increased in the Austin-Round Rock Metropolitan Statistical Area (MSA) in April 2016, highlighting growing urban sprawl as rising housing costs exacerbate affordability challenges, according to the April 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Market Reports for April […]Continue Reading →
Austin Texas 2015 Update: 2014 was another banner year in central Texas housing markets. The uptick in housing prices in the Austin and surrounding areas was unprecedented. The extreme shortage of inventory in the “affordable” near-town residences continues, with no real change on the horizon. Median sold price for all areas combined in December is up to $244,950. While the $400,000+ […]Continue Reading →
Austin-area home sales top 3,000, $1 billion in volume in June 2015, prices remain high
Austin Board of REALTORS® releases real estate statistics for June 2015 and mid-year 2015 AUSTIN, Texas July 21, 2015 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home […]Continue Reading →
Prop 1 will save you money by increasing your homestead exemption from $15,000 to $25,000. This is great news for Texas homeowners because it lets you keep more of your hard-earned money. Prop 1 also helps seniors and people with disabilities by giving them much-needed tax relief, and providing them a lower property tax cap, […]Continue Reading →
Austin-area single-family home sales remained high in August, increasing 8% to 2,943 home sales year-over-year. Single-family median home prices, for both sales and leasing, set a record for the month of August. Median home sales prices increased by 8% year-over-year to $265,000, while median home lease payments increased by 7% to $1,600. Read the […]Continue Reading →
Another banner year for housing in Texas. No surprises there if you’ve been trying to land a home under $225,000 in Austin. That particular market price is drawing so much fire with so little inventory it is unprecedented.
Forbes magazine released its top 20 of America’s fastest growing cities and Austin was behind only Houston […]Continue Reading →
Austin Texas 2014
The growth in central Texas continues at a fast pace. The 2013 stats are in and year over year sales price and volume are both up, while days on the market are down. Another year of overall improvement for sellers in this region.
The usual seasonal adjustment […]Continue Reading →
I noticed a few interesting articles that I want to share. Louis
TWO HISTORIC AUSTIN BUILDINGS SOLD
AUSTIN (San Francisco Business Times) – A real estate investment firm with offices in San Francisco and Boston purchased two historic downtown buildings.
DivcoWest acquired the Littlefield and Scarbrough buildings from Heitman LLC. The buildings total about 240,000 […]Continue Reading →
A repost from the San Antonio Hispanic Chamber of Commerce.
The surge in Eagle Ford Shale drilling has produced sharp gains in economic activity across South Texas. From a low during first quarter 2010 to third quarter 2011, jobs grew at an annual rate of 5.9%, reaching 2.9% above the previous peak value. […]Continue Reading →
MIDLAND – In April, the unemployment rate, locally, was the lowest in Texas at 3.5 percent. “We’re trying to stay one step ahead of the growth, but the economy is moving at a pace where it’s hard to stay one step ahead,” said Courtney Sharp, Midland’s city manager.
“We’re at least 500 housing units […]Continue Reading →