April 2025

Existing Home Sales Increased in February

  Existing home sales in February increased to the second highest level since March 2024, according to the National Association of Realtors (NAR). This rebound suggests buyers are slowly entering the market as inventory improves and mortgage rates decline from recent high in January. Full article here: Existing Home Sales Increased in February (512) 853-0110...

Data: Texas’ economy grows by 3.5%

  Texas’ economy continues to grow rapidly, outpacing the nation in the fourth quarter of 2024. According to data from the U.S. Bureau of Economic Analysis, Texas’ real gross domestic product (GDP) grew at an annual rate of 3.5% in the fourth quarter of 2024, compared to the U.S. average of 2.4%. GDP represents the total value of all goods and services produced within the state over a specific...

The Number of Days You Need To Work To Afford a Monthly Mortgage Payment 

Homeownership is a symbol of financial stability for most Americans—but for those living in states where the cost of living is higher, it might seem like they're working solely to keep a roof over their heads. The median home price nationally is $412,000, according to the Realtor.com. Full article here: The Number of Days You Need To Work To Afford a Monthly Mortgage Payment  (512) 853-0110...

Single-Family Housing Starts Hit 12-Month High in February

  Overall housing starts increased 11.2% in February to a seasonally adjusted annual rate of 1.50 million units. Within this overall number, single-family starts increased 11.4% to a 1.11 million seasonally adjusted annual rate, the highest pace since February 2024.  Full article here: Single-Family Housing Starts Hit 12-Month High in February (512) 853-0110...

Flexing Their Equity, Baby Boomers Are Driving the Housing Market

  Adults ages 60 to 78 appear to be brushing off current housing challenges more easily than other age groups. Find out what baby boomers—and other age groups—are expecting from their agents to help them succeed in today’s housing market. Full article here: Flexing Their Equity, Baby Boomers Are Driving the Housing Market (512) 853-0110 or robert@AustinTxHomeSales.com If you are...

Is It Better To Rent or Buy a Home Today?

  A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why.​ Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise. While renting may be the less expensive option in some markets, it can’t match the long-term benefits of...

Locals recommend visiting these 3 Texas cities in 2025

  Not one, not two, but three Texas cities made a list of the top 10 best cities to visit this year. Global media company Time Out has released its list for 2025, based on an annual survey in which readers shared their experiences living, working and playing in their hometowns. In addition to general likeability, respondents also provided insight on why this year is a particularly good time to...

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