Growth = Demand
April 14, 2021 by wampadmin · Leave a Comment
The Austin job market is expanding at a level that exceeds the availability of housing. While more homes sold in the first three months of this year compared to any prior year, the number of homes on the market is at record lows. This is occurring for several reasons. Business relocations, combined with job expansion […]
Austin Exploding
January 20, 2021 by wampadmin · Leave a Comment
Austin is now one of the fastest-growing cities in the United States. In the last 20 years, the city of Austin has seen a population increase of 48%, from 675 ,000 in 2000 to over 1 million today. Oracle Corporation and Tesla have both just moved their headquarters from California to Austin. Other companies like […]
Austin Rebounding
June 25, 2020 by wampadmin · Leave a Comment
In the Spring of 2020, the coronavirus and the federal, state and Austin restrictions on public activity had a major short term impact on the Austin real estate market. The governmental restrictions were most severe in late February, March and part of April. In mid April restrictions began to be relaxed. Initially , the number […]
March 2020 Market Report
March 6, 2020 by wampadmin · Leave a Comment
More homes sold in February than any other February in Austin history. 2,263 homes sold last month. This is a 13% increase from one year ago. Pending home sales, homes under contract that have not closed, are up significantly from one year ago. Currently there are 4,715 homes under contract. This is an increase of […]
Austin Real Estate Market to Remain Strong
February 20, 2020 by wampadmin · Leave a Comment
“We do not see anything getting in the way of another robust year in our industry in 2020,” said Eldon Rude, principal of 360 Real Estate Analytics, to the Austin Home Builders Association, in January of 2020. To meet demand for housing in 2020 builders will need to deliver another 18,000 to 20,000 lots in […]
