If you own a luxury house, you're in a stronger spot than most sellers right now. While much of the market has cooled, the high-end tier hasn't. Sale prices and buyer demand are both up. So if you're considering selling, now could be a great time to make your move. Full article here: Selling a Luxury House? Here’s Why Now Is a Good Time (512) 853-0110 or robert@AustinTxHomeSales.com If...
About a third of all U.S. housing stock and nearly half the nation’s real estate wealth is held by baby boomers, a generation that is now approaching its sunset years and is expected to spark a "silver tsunami" once they downsize, sell, or leave their homes to their children and relatives. Full article here: Who Will Buy Baby Boomers’ Houses? The Question That Could Shape the 2030s (512)...
San Antonio trailed behind Austin, No. 7 on the list with a 110.9% increase over five years. In 2023, San Antonio had 153,099 millennial homebuyers, while Austin had 176,981. RentCafe reported that more millennials are settling down in larger metros, like San Antonio and Austin, because there’s more diversity in job opportunities and access to “a variety of neighborhoods with different price...
For the first time since at least 1974, new homes are selling for less than existing ones. In the first quarter of 2026, the median price of a new single-family home was $403,200, roughly $1,400 below the median existing home price of $404,600, according to NAHB data drawn from Census Bureau and NAR figures. It marks the fourth consecutive quarter in which existing home prices have exceeded new home...
Nearly 150 luxury condos will have direct access to Lady Bird Lake from a new building in the Clarksville neighborhood expected to be completed by the end of 2027. The development, which was announced in 2025 as The Belvedere, will feature 146 residences broken up across two buildings with pricing starting at just under $1 million at 300 Pressler St., between Lady Bird Lake and downtown. Full...
If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from. In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search. Full article here: More Homes, Better Prices: A...
You’ve no doubt had concerns about the state of our Austin economy and real estate market the past few years which would be justified. I’ve reported on recessions and strong markets alike over the years in these posts. Beginning around 2002, we began a booming Austin economy that lasted until the Fed dramatically raised interest rates in early 2022 which threw a wet blanket over our real estate...
Despite numerous return-to-office initiatives in the past few years, remote work is persisting above pre-pandemic levels in the Austin metro area and across the nation. In the U.S., employees spent an average of 26% of full paid days working from home in May, according to survey results published by the St. Louis Federal Reserve. While that’s nowhere near the 62% remote work rate during the pandemic in...
The Austin-Round Rock-Georgetown metropolitan area ranks among the top 10 most educated large metro areas in the country, according to a new WalletHub analysis. Austin ranked No. 9 overall in the personal finance website’s annual ranking of the 150 largest U.S. metropolitan areas, earning high marks for both educational attainment and quality of education. Full article here: Study: Austin among top...
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