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...

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...

  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...

  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...

  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...

  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...

  The much anticipated spring selling season is a few weeks away, and signs point to a friendlier market for homebuyers. The share of consumers saying that now is a good time to buy was the highest in over a year, but still only at 24%. Meanwhile, the share of those saying that it’s a good time to sell remains high, at 62%. Full article here: Good News for Homebuyers—It’s a Friendlier Market as...

ICON, the Austin-based construction tech company that literally "prints" homes from a giant robotic 3D printer, plans to build a dozen of its houses at Mueller. Prices are expected to range from the mid-$300,000s to $1.3 million. The one- to three-bedroom homes will range in size from 650 square feet to 2,400 square feet. Full article here: ICON plans to “print” a dozen of its houses at...

  Cash for a down payment and closing costs can seem like an insurmountable obstacle for some first-time buyers. But two things may help: First, you may need less money than you think. Second, you may be surprised to find that you can qualify for homebuyer assistance programs. Full article here: How to Get the Cash You Need to Buy a Home (512) 853-0110 or robert@AustinTxHomeSales.com If...

  The continued shortage of existing homes for sale has helped to keep new single-family construction growing across all regions, according to the latest National Association of Home Builders release of the Home Building Geography Index (HBGI). Despite persistent factors that continue to affect housing affordability, including a limited supply of buildable lots, rising construction costs, and a shortage...