Below are the latest graphs of single-family home sales in the Austin metro spanning the last 5 years. I’ll make some comments above each one, starting with the Average Sales price. You can disregard 2021 since that was the last full year of the “Covid effect” on our local (and national) real estate markets. The first half of 2022 was greatly affected by the Federal Reserve’s...
The vast data centers needed to power artificial intelligence are in high demand, and Texas is at the center of a new boom to build the physical infrastructure behind the digital revolution. Due to its relatively cheap electricity, abundant land, and business-friendly policies, Texas has seen rapid growth in data centers, especially the facilities needed to run the energy-intensive computations that...
Round Rock officials say a 65.5-acre mixed-use development that just broke ground is the first of its kind for the city. The project, known as “the District,” will feature restaurants, a hotel, offices, multifamily residential units and green spaces all in a walkable area near Greenlawn Boulevard and Pflugerville Parkway. The city doesn’t have anything like it. Full article here: Mayor:...
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