Real Estate
Pending U.S. home sales edge higher 0.7% in May
June 30, 2022
Pending U.S. home sales edge higher 0.7% in May
Compared to a year ago, three out of four regions – Northeast, South, and West – posted double-digit pending sales…
Greystar breaks ground on 500,000 SF Whisper 35 industrial project in San Marcos
June 29, 2022
Greystar breaks ground on 500,000 SF Whisper 35 industrial project in San Marcos
South Carolina-based developer Greystar has broken ground on Phase II of Whisper 35, a 500,000-square-foot...
Existing U.S. home sales fell 3.4% in May; median sales price surpasses $400,000 for the first time
June 29, 2022
Existing U.S. home sales fell 3.4% in May; median sales price surpasses $400,000 for the first time
Key Highlights Existing-home sales declined for the fourth straight month to a seasonally adjusted annual rate of 5.41 million. Sales…
Central Texas housing inventory improves while closings remain robust in May
June 26, 2022
Central Texas housing inventory improves while closings remain robust in May
AUSTIN, TX — According to the Austin Board of REALTORS May 2022 Central Texas Housing Market Report, active listings experienced triple-digit percentage…
More than 1 in 4 Texas homes purchased by businesses in 2021, double the U.S. average
June 23, 2022
More than 1 in 4 Texas homes purchased by businesses in 2021, double the U.S. average
Texas had the highest percentage of homes sold to institutional buyers in 2021, according to a new report by the National Association…
San Marcos rental rates below state median
June 12, 2022
San Marcos rental rates below state median
The Zumper Austin Metro Area Report analyzed active listings last month across 7 metro cities to show the most and…
Pending home sales descend 3.9% in April
June 8, 2022
Pending home sales descend 3.9% in April
Pending home sales slipped in April, as contract activity decreased for the sixth consecutive month, the National Association of Realtors…
First-time Texas homebuyers need $10,000 more income to buy $229,000 house
June 3, 2022
First-time Texas homebuyers need $10,000 more income to buy $229,000 house
Rising mortgage interest rates continue to push potential buyers, particularly first-time buyers, out of the market for homeownership, says the…
Homeowner and rental vacancy rates declined during COVID-19 pandemic
May 30, 2022
Homeowner and rental vacancy rates declined during COVID-19 pandemic
Housing vacancy rates — both for homeowner and rental housing — are at or near historic lows, according to the…
Existing U.S. home sales retract 2.4% in April
May 24, 2022
Existing U.S. home sales retract 2.4% in April
Month-over-month sales were split amongst the four major U.S. regions, with two areas posting gains and the other two experiencing…