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U.S. News says Austin the # 1 place to live in America

Austin’s economy may be growing slower than in recent years, but Austin is the best place to live in the United States, according to U.S. News and World Report.

After ranking No. 2 a year earlier, the Texas capital took the top spot in the magazine’s 2017 edition of its Best Places to

Continue reading U.S. News says Austin the # 1 place to live in America

Homes for sale

More than 29,000 (29,569) single-family homes were sold in the five-county MSA in 2016, a 3.9 percent increase from 2015 and an all-time high for annual home sales volume. Median price for single-family homes rose 7.2 percent from 2015 to $284,000, while home sales dollar volume jumped 9.1 percent from 2015 to $10,456,084,996. Homes spent

Continue reading 2016 Housing Market Update for Central Texas

Housing Forecast for 2017

Enthusiasm among homebuyers has slipped in light of lacking affordability and steadily rising mortgage rates, a disposition expected to give way to a modest gain in existing-home sales in 2017, according to the National Association of REALTORS® (NAR) fourth quarter Housing Opportunities and Market Experience (HOME) survey. Though 78 percent of the homeowners surveyed believe now is

Continue reading Housing Forecast for 2017

Free Market Analysis

Housing demand is rising rapidly, but a key cog in the wheel to homeownership is in deep trouble. The people most needed to close the deal are disappearing. Appraisers, the men and women who value homes and whom mortgage lenders depend upon, are shrinking in numbers.

That is causing growing delays in closings, costing

Continue reading Appraiser Shortage & Closing Delays

Austin Home Sales Drop , July 2016

AMERICAN-STATESMAN

Home sales in the Austin area tumbled almost 5 percent in July — the second month this year to see a sales drop — but prices continue to rise.

That’s according to the latest monthly report from the Austin Board of Realtors, which said the market remains healthy overall, evenasaffordabilityconcernsloom.

Home sales in the

Continue reading Austin Home Sales Drop , July 2016

6.5 years beyond the Great Recession

Associated Press

WASHINGTON — U.S. home sales are climbing. Prices are rising, too. So the outlook for the housing market is golden, right? Not entirely. A series of reports released Tuesday pointed to potential cracks in the foundations of America’s residential real estate market. On the one hand, job growth and low mortgage rates

Continue reading We are 6.5 years beyond the Great Recession

Realtors in Round Rock

By Shonda Novak

Home sales slowed a bit in the Austin-area last month, but the median sales price was up, renewing concerns about affordability in the local market, the Austin Board of Realtors said Monday.

In its latest monthly report, the board said 1,459 single-family homes changed hands last month, 1.9 percent fewer than

Continue reading Austin Housing Data, January 2016

Round Rock Homes

Raising kids is one of life’s most rewarding journeys. And if you live in Austin, you’re off to a great start, as we’ve been named the best city for young families.

Personal finance website ValuePenguin determined the family-friendly spots by analyzing 16 key metrics that fit into five categories. Of the 156 cities studied, Austin

Continue reading Top Cities for Young Families

Austin Homes Update

By Megan Mattingly-Arthur SPECIAL TO STATESMAN HOMES

After a slight slowdown during the winter holidays, the Austin real estate market is hopping once again, and buyers can expect to encounter multiple-offer situations in a market that currently favors sellers.

“We had a seasonal low during the Christmas break, but now it’s picked back up,” said

Continue reading Austin Buyers find Bidding Wars ,early 2016

Realtors

Texas is the land of opportunity, and Austin is leading the charge, according to Forbes, which has named Austin America’s next boomtown.

Forbes analyzed the 53 largest metro areas in the country to determine which have the best chance of prospering in the next decade. The numbers illustrate two different kinds of cities: Technology hubs

Continue reading “Austin is America’s next Boom Town”, Forbes Magazine