Below are the five-year averages for our Austin metro single family home sales between 2020 and 2024. For the first image, Number of Home Sales, I note the following: 2000 and 2001 were the Covid years which created aberrations in every statistic of our home sales that we will likely never see again in our lifetimes.   Therefore, it is best that we confine our analysis to the past 3 years...

Though today’s housing market presents a challenge for many hopeful homeowners, a recent Realtor.com® survey reveals that owning a home is still a life goal for many Americans. Roughly two-thirds of Americans have the goal of owning a home and nearly as many (59%) feel that homeownership is achievable for them.  Notably, half of all respondents believe that homeownership is necessary to achieve...

Silicon Valley-based TransPak has opened a new 300,000-square-foot campus in Manor, east of Austin. The facility brings 75 to 100 new jobs to Manor, where TransPak already has more than 200 employees. The logistics, packaging and crating services company is expanding its presence in Manor to support the area’s semiconductor companies. Full article here: TransPak opens campus in Manor (512)...

Single-family housing starts rebounded in December ending the year with more new construction than in 2023. Despite rising housing inventory coupled with higher uncertainty about the future path of mortgage rates, builders remained cautiously optimistic and ended the year on a strong note. Full article here: Single-Family Starts Rebounded in December 2024 To Their Highest Level Since 2021 (512)...

Times are still tough for U.S. homebuyers. Long-term interest rates are rising again. That has pushed mortgage rates back above 7%. And it’s keeping housing affordability near the lowest level in decades. Yet home prices keep rising with no end in sight. You’d think this combination should be freezing housing activity. But it isn’t… Full article here: The Housing-Activity Bust Might Have...

Mortgage rates are expected to keep mortgage payments essentially unchanged in 2025 despite continued home price growth. With Donald Trump’s victory in the 2024 election, the U.S. housing market could see significant shifts, from regulatory changes to tax policies, and potentially even a recalibration of housing supply and demand dynamics especially since President-elect Trump is a developer...

Last year, as many as 1 in 3 sellers took their home off the market because it wasn’t selling. If this happened to you too, you don’t need to be embarrassed. What you need are answers. And a local real estate agent can help with that by seeing if it was priced too high, needs some repairs, or didn’t get the right exposure. If you still want to move, let’s connect to come up with a new strategy....

It’s no secret that affordability is tough with where mortgage rates and home prices are right now. And that may have you worried about how you’ll be able to buy a home. But, if you don’t need a ton of space, you may find you have more cost-effective options in an unexpected place: new home communities. Full article here: Smaller Homes, Bigger Opportunities: The Homebuilder Trend Buyers...

More capital will be injected into the commercial real estate market this year as pricing is expected to be favorable for investors, according to a new survey from CBRE. The Investor Intentions Survey showed that interest rate shifts will present challenges, but not enough to bother otherwise optimistic sentiments. This year, 70 percent of respondents plan to acquire more assets than a year ago and 75...