Report: 2025 home sales gradually picking up

  Some observers even think the 2025 spring season might be one not seen in a number of years: an almost normal housing market, as close to evenly balanced between buyers and sellers as anything we’ve seen in a while. Selma Hepp, chief economist with Cotality, the real estate data provider formerly known as CoreLogic, predicts 2025 home sales to be 'slightly above' the pace set in 2024. Full article...

Mixed-use project taking shape in Leander 

A 65-acre, mixed-use project in Leander is under construction with one restaurant already open and luxury apartments ready for lease. Crystal Village is expected to be completed by 2030 with retail, offices, a hotel, conference and meeting spaces, and more residential units. The project, expected to cost more than $250 million, is at the southeast corner of the 183-A tollway and East Crystal Falls...

Ways To Use Your Tax Refund If You Want To Buy a Home

  Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? Let Credit Karma explain… Full article here: Ways To Use Your Tax Refund If You Want To Buy a Home (512) 853-0110 or robert@AustinTxHomeSales.com If you...

How to File a Property Tax Appeal

Property appraisals are being sent out so be looking for them. If you feel your home has been appraised too high, here are some steps you can take to appeal the valuation. Also, if you haven't filed your homestead exemption (and/or over age 65 if you recently crossed that threshold), you can do so here: Texas Homestead Exemption.  Full article here: How to File a Property Tax Appeal (512)...

Austin’s March home sales reflect uneven market of past few years

Here are the March/2025 MLS single-family statistics for Austin, TX: The numbers for our Austin metro single-family home sales in March looked much like our February numbers and a retreat from our March/2024 numbers (below).  This is not unexpected due to the changes our country is experiencing right now and the uneven stabilizing of our market after the rapid interest rate increases of 3...

AI Boom Could Spark a Land Rush in Texas—and Drive Up Demand for Homes

  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...

Top 10 U.S. cities attracting millennials

  Austin ranked among the top 10 U.S. cities in terms of the share of people moving in who were ages 25 to 44.  More than 1 in 10 people who moved to Austin in 2023 belonged to the millennial generation.  Full article here: Top 10 U.S. cities attracting millennials (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article above, please let me know so I can...

Single women account for nearly a quarter of first-time homebuyers

  More single women are buying homes than ever before. According to a recent survey from the National Association of Realtors, the percentage of single women buying homes has nearly doubled nationwide over the past four decades, despite the fact that women still typically earn less than men do. Full article here: Single women account for nearly a quarter of first-time homebuyers (512) 853-0110...

Lower Mortgage Rates, Better Affordability

  As housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates stayed elevated throughout 2023 and early 2024. Recent data, however, shows a modest decline in mortgage rates. Even slight declines can have a significant impact on housing affordability, pricing more households back into the...

Private Residential Construction Spending Rises in February

Private residential construction spending increased by 1.3% in February, rebounding from a 1.2% dip in January. The growth was largely driven by higher spending on single-family construction and residential improvements. On a year-over-year basis, the February report showed a 1.6% gain, indicating a modest growth in private residential construction spending during market uncertainties.  Full article...

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