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Market, financing & tax

March 2023 Central Texas Housing Market Report

CENTRAL TEXAS HOUSING MARKET ENDS QUARTER WITH MOMENTUM FOR BOTH BUYERS AND SELLERS CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — AUSTIN, Texas — Austin-Round Rock MSA housing inventory topped 3.0 months in March, while an increase in new and active listings indicates favorable market conditions for buy

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February 2023 Central Texas Housing Market Report
Market, financing & tax

February 2023 Central Texas Housing Market Report

AUSTIN ROUND-ROCK MSA ADDS HOUSING INVENTORY AS HOME BUILDERS CONFIDENCE GROWS CENTRAL TEXAS HOUSING REPORT AUSTIN, Texas — In February, home buyers continued to gain leverage across the Austin-Round Rock MSA as housing inventory increased to 2.6 months according to the Austin Board of REALTORS® lat

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Austin, Texas leads the way in millionaire growth rate
Market, financing & tax

Austin, Texas leads the way in millionaire growth rate

In recent years, smaller cities in America have been attracting more and more millionaires, with cities like Austin, Texas, and Scottsdale, Arizona, leading the way. According to the 2023 wealth report by Henley and Partners, these cities are gaining millionaire residents, while larger cities like N

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1107 Jewell St. Unit B
Market, financing & tax

1107 Jewell St. Unit B

1107 Jewell Street Unit B, Austin, TX 78704 For Sale $588,600 ($45,400 Price Drop!)Nestled in the highly sought-after Bouldin Creek neighborhood, this charming 2-bedroom, 2-bath home is the perfect blend of modern living and urban convenience. This ADU has privacy fencing and tasteful xeriscaping an

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January 2023 Central Texas Housing Market Report
Market, financing & tax

January 2023 Central Texas Housing Market Report

AUSTIN-ROUND ROCK HOUSING MARKET SEES MIXED RESULTS FOR JANUARY 2023, WITH EXISTING HOME SALES STRUGGLING AND NEW CONSTRUCTION SURGING CENTRAL TEXAS HOUSING REPORT As we begin the new year, the Austin-Round Rock housing market is showing a continued trend of slowdown in the existing home market whil

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December 2022 Central Texas Housing Market Report
Market, financing & tax

December 2022 Central Texas Housing Market Report

CENTRAL TEXAS HOUSING MARKET SET PRICE RECORDS, SHIFTED TOWARDS BUYERS IN 2022 CENTRAL TEXAS HOUSING REPORT EXECUTIVE SUMMARY: • In 2022, the median price for a home in the Austin-Round Rock MSA set a new annual record of $503,000, according to the December 2022 and Year-End Central Texas Housing Ma

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2023 Texas Economic Forcast
Market, financing & tax

2023 Texas Economic Forcast

The Texas Real Estate Research Center's (TRERC) research team has attempted to make predictions for the 2023 economy by utilizing their collective understanding of current economic and market conditions and analyzing past market trends. However, it is essential to note that making economic forecasts

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Exploring Your Options: Residential Real Estate Investment Strategies
Market, financing & tax

Exploring Your Options: Residential Real Estate Investment Strategies

Thinking about investing in residential real estate? You're not alone. For many people, real estate is a reliable and lucrative investment option that offers the potential for long-term growth and a steady stream of passive income. But with so many different investment strategies, it can be tough to

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Finding Your Dream Home: Tips and Strategies
Market, financing & tax

Finding Your Dream Home: Tips and Strategies

Searching for a home to purchase can be a complex and time-consuming task, but with the right tools and resources, it can also be a rewarding and exciting experience. At Austin Local Team, we understand the unique challenges and opportunities buyers face when searching for a home, and we are here to

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November 2022 Central Texas Housing Market Report
Market, financing & tax

November 2022 Central Texas Housing Market Report

ABOR: MEDIAN PRICE FOR A HOME IN AUSTIN-ROUND ROCK MSA STAYS FLAT, NO SALES OR PRICE RECORDS SET CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — For the first time since February 2019, median home prices in the Austin-Round Rock MSA experienced a 0% year over year increase, according to the Austin Board o

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October 2022 Central Texas Housing Market Report
Market, financing & tax

October 2022 Central Texas Housing Market Report

AUSTIN-ROUND ROCK MSA HOME PRICES STABILIZING CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® October 2022 Central Texas Housing Market Report, median home prices across the MSA continued their recent trend of more stable and sustainable appreciation even while h

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September 2022 Central Texas Housing Market Report
Market, financing & tax

September 2022 Central Texas Housing Market Report

BUYERS GAIN LEVERAGE IN AUSTIN-ROUND ROCK HOUSING MARKET AS SALES DECLINE, PRICE-GROWTH SLOWS CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — In September, the Austin–Round Rock MSA housing market continued to return to normal activity with more available supply and a softer appreciation of home price gro

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What Could My Home Sell for in Today's Market in Austin?
Market, financing & tax

What Could My Home Sell for in Today's Market in Austin?

While the Central Texas housing market is normalizing, you may be interested in what your home could sell for in today’s market. Learn how we create property value estimates based on real data and common pitfalls to avoid. Watch on youtube

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Avilla Rio Oaks on the way
Market, financing & tax

Avilla Rio Oaks on the way

​​​​LIBERTY HILL – NexMetro has purchased 25 acres near CR 263 and Seward Junction Loop. in for a 260-home rental neighborhood. Avilla Rio Oaks will have single-level one-, two-, and three-bedroom homes ranging from 700 to 1,265 sf. DTJ Design Group is the architect. Bryan Haggard Land Group broke

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August 2022 Central Texas Housing Market Report
Market, financing & tax

August 2022 Central Texas Housing Market Report

NORMAL PRICE GROWTH AND INCREASING INVENTORY CONTRIBUTE TO AUSTIN-ROUND ROCK MSA HOUSING MARKET’S CONTINUED STABILIZATION CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — The Austin-Round Rock MSA housing market continued its normalizing trend for the third consecutive month, boosted by a more sustainable

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South Austin Array Apartments gets 'Disrupt'-ed
Market, financing & tax

South Austin Array Apartments gets 'Disrupt'-ed

​​​​AUSTIN – Disrupt Equity has acquired Array Apartments, a 369-unit multifamily complex at 2101 Burton Dr. Built in 1973, the community​ has one-, two-, and three-bedroom options. Amenities include two pools, two dog parks, a sports court, clubhouse, outdoor grilling, and onsite laundry faciliti

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July 2022 Central Texas Housing Market Report
Market, financing & tax

July 2022 Central Texas Housing Market Report

AUSTIN-ROUND ROCK MSA HOUSING MARKET CONTINUES TO NORMALIZE AS PRICE GROWTH SLOWS, INVENTORY RISES CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — The Austin-Round Rock MSA housing market continued to trend towards more normal and sustainable levels in July, according to the Austin Board of REALTORS® July

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113,000-sf Georgetown shopping center sells
Market, financing & tax

113,000-sf Georgetown shopping center sells

GEORGETOWN – LRIC Properties has sold the Republic Square shopping center at 900-930 N. Austin Ave. to a California-based partnership. The 113,772-sf center is almost 93 percent leased, housing tenants such as Dollar Tree, Harbor Freight, Starbucks, Chipotle, Pizza Hut, and more. Disney Investment G

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Austin’s luxury home market catching up with Houston, DFW
Market, financing & tax

Austin’s luxury home market catching up with Houston, DFW

COLLEGE STATION – Sales of luxury homes – those priced at $1 million or more – have risen significantly from pre-pandemic levels in Texas’ four largest metros, with Austin showing particularly strong momentum. The number of luxury homes sold in Austin in the first five months of 2022 was almost twic

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June 2022 Central Texas Housing Market Report
Market, financing & tax

June 2022 Central Texas Housing Market Report

AUSTIN-ROUND ROCK MSA BEGINS RETURN TO PRE-PANDEMIC HOUSING MARKET ACTIVITY CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® June and Mid-Year 2022 Central Texas Housing Market Report, a triple-digit gain in active listings year over year pushed housing inventory

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May 2022 Central Texas Housing Market Report
Market, financing & tax

May 2022 Central Texas Housing Market Report

AUSTIN-ROUND ROCK MSA INVENTORY IMPROVES WHILE CLOSINGS REMAIN ROBUST CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® May 2022 Central Texas Housing Market Report, active listings experienced triple digit percentage growth year over year and inventory rose to ove

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Fed makes largest rate hike in 30 years
Market, financing & tax

Fed makes largest rate hike in 30 years

​WASHINGTON – The Federal Reserve has raising its key interest rate by three-quarters of a point—its largest hike in nearly three decades "The increase is in response to continued high inflation," said Dr. Harold Hunt, research economist with the Texas Real Estate Research Center. "This is intended

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