More buyers are jumping into the housing market this fall. The National Association of REALTORS®’ Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—rose nationally by about 2% in October. Full article here: More Home Buyers Go Under Contract (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article above,...
Existing home sales rose to an eight-month high in October as buyers took advantage of lower mortgage rates. Resale inventory improved from a year ago but remained below pre-pandemic levels. Relatively tight supply continued to push home prices higher and challenge housing affordability. Full article here: Existing Home Sales Rise in October (512) 853-0110...
Thirty miles northeast of Austin, Samsung Electronic Co.’s new semiconductor manufacturing complex has risen across more than 1,200 acres, its price tag adding up to one of the biggest private investments in Texas history. The world’s largest maker of memory chips and smartphones chose this corner of Williamson County to anchor what it hopes will become a long-term manufacturing hub, a fabrication...
Houston-based developers Johnson Development recently closed on the purchase of 764 acres, which will be used to construct a new community in Liberty Hill. The new development, located at the former Chapman Ranch at 680 E. CR 202, will be converted into a master-planned community with more than 1,900 homes. Full article here: Johnson Development planning 1,900-home community in Liberty...
If it feels like you’re seeing new construction signs pop up everywhere, you’re not wrong. Builders have been busy. And it’s left some people wondering: Are we overbuilding like we did right before the 2008 housing crash? No matter what you may hear in the news, there’s no reason for alarm. In reality, data shows builders aren’t racing ahead, they’re actually starting to tap the...
Zillow's home trends expert Amanda Pendleton notes that some young homebuyers are finding a workaround — by asking friends and family to help them fund a home purchase. "Spoiler alert, they're not doing it alone. Thirty-eight percent of all buyers today are getting some kind of gift or loan from a family member or friend. Full article here: Forget wedding registries — many newlyweds would...
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