A recent report from Zillow Group, Inc. shows that housing inventory in the Austin metro fell more than 15% last year. It was the ninth-highest rate of inventory drop in the nation, which also saw a precipitous decrease in overall housing inventory. Despite that, Austin real estate was able to shatter its existing … [Read more...]
Condos vs. Houses: Which is the Better Investment?
When it comes to buying your first home, the type of home you buy could make a big difference in your return on investment and your lifestyle. Owning a single-family home is on the wishlist of many aspiring homeowners who are eager to free themselves from their neighbors’ walls. However, it can be a lot of … [Read more...]
Austin Will Be the Hottest Housing Market This Year
At the end of 2019, the Austin area housing market was on track for yet another year of record-breaking home sales. Local real estate statistics from the Austin Board of REALTORS® (ABoR) show us that the Austin-Round Rock Metropolitan Statistical Area (MSA) is still experiencing sky-high demand for homes throughout the … [Read more...]
Central Texas Home Sales on Track for Record Year as Suburbs Continue to Boom
It looks like another record-breaking year is going on the books for Austin real estate in 2019. The most recent home sales report from the Austin Board of REALTORS® shows that single-family home sales throughout the Central Texas area were significantly stronger in November than at the same time last year. Experts say … [Read more...]
Austin Home Sales Skyrocket in October
This October, Austin home sales smashed its previous record for the number of homes sold, while the number of active listings dropped and housing inventory declined. Another month of sharp increases in housing sales and price appreciation have prompted Austin real estate industry leaders to call for faster reforms to … [Read more...]
Why This Suburb is Austin’s Newest “Hipsturbia”
Recently, we learned that Austin is the top investment city in 2020 from the recent Urban Land Institute and Pricewaterhouse Coopers Emerging Trends report. We’ve also see the revival of a term that was born from observing migration patterns of the millennial generation in the early 2000s. That term is “hipsturbia” … [Read more...]
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