Real Estate
ABoR: March home sales decline and inventory ticks up as home prices set records across MSA
April 18, 2022
ABoR: March home sales decline and inventory ticks up as home prices set records across MSA
"For individuals who are borderline on being able to afford that monthly payment, increased mortgage rates can make it that…
Are you prepared to protest your property values?
April 17, 2022
Are you prepared to protest your property values?
In fact, local officials everywhere should be encouraged to adopt the no-new-revenue tax rate, which is the “tax rate that…
February’s Texas housing insight
April 12, 2022
February’s Texas housing insight
The Texas housing market was strong for most of 2021 as mortgage interest rates remained low throughout the year. Sales…
Zumper Report: San Marcos has cheapest one-bedroom rent in region
April 6, 2022
Zumper Report: San Marcos has cheapest one-bedroom rent in region
Crystal Chen The Zumper Austin Metro Area Report analyzed active listings last month across 6 metro cities to show the…
Pending Home Sales Dwindle 4.1% in February
March 29, 2022
Pending Home Sales Dwindle 4.1% in February
Key Highlights Contract signings fell for the fourth consecutive month, down 4.1% in February from January. Month-over-month, contract signings were…
Fed hikes, higher mortgage rates mark consequences of ongoing inflation
March 27, 2022
Fed hikes, higher mortgage rates mark consequences of ongoing inflation
"The Federal Reserve raises interest rates in an attempt to bring down the high inflation, which is the product of…
Federal funds rate increase could affect low-income, first-time buyers most
March 24, 2022
Federal funds rate increase could affect low-income, first-time buyers most
"Such increases diminish purchase affordability, making it even harder for lower-income and first-time buyers to purchase a home...
Out-of-state movers not to blame for surging Texas home prices
March 23, 2022
Out-of-state movers not to blame for surging Texas home prices
Increased migration to Texas, particularly from higher-income states like California, has prompted concerns of diminished housing affordability as newcomers...
Fed hikes, higher mortgage rates mark consequences of ongoing inflation
March 22, 2022
Fed hikes, higher mortgage rates mark consequences of ongoing inflation
Mortgage rates surpassed 4% for the first time since 2019 and the Federal Reserve announced a series of new rate…
Austin, Hays County housing market posts strong February, market poised for big year
March 17, 2022
Austin, Hays County housing market posts strong February, market poised for big year
AUSTIN, TX —According to the Austin Board of REALTORS® (ABoR) February Central Texas Housing Report, closed listings increased 11.3% year over year to 2,581 sales…