Luxe Austin Homes

"Austin booms as No. 6 metro for new homes being built in U.S."

CultureMap Austin writes, "Driven by population growth, nation-leading numbers of residential rooftops are popping up across Austin and the rest of Texas.

Using data from the U.S. Census Bureau and Zillow, Construction Coverage found 32,294 new residential units were authorized in the Austin-Round Rock-San Marcos metro in 2024. That figure landed Austin in sixth place among major metro areas for the total number of housing permits, including those for single-family homes, apartments, and condos.

Dallas-Fort Worth was in the No. 1 spot with 71,788 new residential units authorized. Right behind DFW was the Houston metro area in second place, with 65,747 residential permits. In third place was the country’s largest metro, New York City (57,929…

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"Austin condo tower The Modern refinances construction loan amid strong sales"

Austin Business Journal reports, "Sales momentum is strong at the recently delivered The Modern Austin Residences, and Austin-based condo developer Urbanspace Development has secured a recapitalized construction loan for the new tower.

Urbanspace, which also handles condo sales across Austin, has sold over half of the market-rate condos at The Modern mixed-use tower, said CEO Kevin Burns. Moreover, it's likely that it will be the last condo project to be delivered in Austin this decade, said Burns, as many projects are put on hold due to market conditions or are in the early planning stages.

Urbanspace also recently secured financing to recapitalize its construction loan for the 56-story building, which is in the Rainey Street Historic District,…

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"Texas hits record number of $1M+ home sales. Which city sold the most?"

MYSA writes, "Got a spare $1 million lying around? A record number of Texas homes on the market sold for $1 million or more over the last year, a marked increase compared to 2024 figures.

Between November 2024 and October 2025, Texas Realtors found more than 14,400 homes sold over the million-dollar threshold, according to Texas Realtors' 2025 Texas Sales of Million-Dollar Homes Report released last week. Those figures represented a 12% jump in million-dollar homes sold on Texas' real estate market, amounting to $24.5 billion in home sales.

In tandem with the record-number of homes sold, there were also more than 4,000 additional seven-digit homes on the market in 2025, clocking in at 32,793 listings compared to 28,325 in 2024. While still a…

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"Real Estate Giant Compass Closes $1.6 Billion Merger To Become World’s Largest Broker"

Realtor.com shares, "Brokerage giant Compass has completed its $1.6 billion acquisition of rival firm Anywhere, a combination resulting in the world's largest residential real estate brokerage by far.

The deal closed on Friday after shareholders of both companies overwhelmingly approved the all-stock merger, which values the combined companies at roughly $10 billion.

The speedy closing, which follows the required regulatory review period, came much earlier than the latter half of 2026 as executives had initially predicted.

Compass also operates Christie’s, and will now take control of Anywhere's subsidiary brands, including Better Homes and Gardens Real Estate, Corcoran, Century 21, ERA, Sotheby’s, and Coldwell Banker.

Compass said in a…

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"Austin rolls onto list of best U.S. cities for mobile home living"

CultureMap Austin shares, "As Austin residents navigate the city's real estate market, manufactured homes — also known as mobile homes — are gaining traction among potential buyers seeking an affordable path to homeownership.

A recent housing study found Austin ranks among the top 25 U.S. cities with the largest mobile home inventory. Texas, as a whole, has the second-highest share of manufactured housing in the nation.

StorageCafe's housing insights report analyzed the supply of manufactured housing inventory, average sales prices of new manufactured homes, and compared pricing trends against the median value of all housing units (regardless of construction date) across all 50 states and 100 U.S. cities.

The report's author hails…

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"Austin climbs back up U-Haul’s list of growth metros; Texas reclaims No. 1 state spot"

Austin Business Journal reports, "Texas once again tops U-Haul’s annual list of in-migration states, and Austin is still among the list of growth metros.

Arizona-based U-Haul Holding Co.’s (NYSE: UHAL) annual Growth Index analyzes migration data for one-way customer transactions from the past calendar year. Texas moved up to the No. 1 spot after sitting at No. 2 a year earlier behind South Carolina, which fell to No. 4 on the list released Jan. 5.

Among all one-way U-Haul customer traffic in and out of Texas in 2025, 50.7% was for people moving into the state, while 49.3% was for those leaving. Compared to 2024, customers coming to Texas rose 3% year over year, while departures rose just 1%.

Texas also was No. 1 on the U-Haul Growth Index…

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"Austin to host open house for transit and housing planning in Riverside"

CultureMap Austin shares, "Austinites who live in the East Riverside area are invited to get together for an open house that will introduce residents to city projects in the neighborhood, while gathering feedback for a big new development spanning 125 acres.

The East Riverside Open House will take place January 24 from 10 am to 1 pm at 2400 Grove Blvd. The City of Austin, Austin Transit Partnership, and CapMetro will all be in attendance.

A city newsletter says guests will be able to "ask questions, talk to the project teams, share ideas and provide feedback that will help guide investments in this vital corridor."

“We have a once-in-a-generation opportunity to shape what’s next for the East Riverside Corridor in a way that serves the people…

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"These are America's hottest upscale housing markets"

Austin Business Journal writes, "The nation's hottest luxury housing market can be found in Denver, Colorado.

That’s according to The Business Journals’ latest analysis of the country’s hottest housing markets, which analyzed ZIP-code-level mortgage and real estate data provided by Intercontinental Exchange Inc. to determine the top luxury housing markets.

The analysis was limited to ZIP codes that had an average sale price of $1.5 million or greater and a minimum number of listings sold of 10 during the most-recent quarter.

Denver, Colorado’s 80246, which had an average list price of $1.2 million, topped the list. That price in 80246 was up 64% year-over-year and 14% compared to the second quarter.

The rankings aren’t meant to highlight…

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"The housing market's new deal-breaker is likely to get worse before it gets better"

Austin Business Journal writes, "With 2025 drawing to a close, we're looking back at some of the top trends, shifts, opportunities and challenges that will continue to shape the market in 2026. In this installment, we're looking at a new dynamic that is shaping home sales.

Real estate agents are struggling to close on deals because of the surging cost of homeowners insurance.

That’s according to real estate firm Redfin Corp.'s 2025 Industry Survey, which found 47% of surveyed agents said they have encountered more issues with home insurance during a transaction over the past year compared to the year before it.  

Overall, 21% of agents said they had "significantly more" issues recently with homeowners insurance, such as clients having trouble…

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"The Real Estate: 2025 Year in Review"

Redfin.com writes, "As we approach 2026, Redfin reflects on a watershed year in the history of American real estate. Here’s our list of the ten most important 2025 trends.

1. The Market Shifted Towards Buyers

Since recovering from the Great Recession of 2008, the U.S. housing market has favored sellers. But 2025 has been the year buyers finally stepped back from rising home prices. Comparing sales of the homes listed in the first quarter of 2024 to sales of those listed in the first quarter of 2025, the median number of days that a listing was on the market increased from 47 to 54, a modest but still-significant shift. Prices are now likely growing slower than inflation, which is good not only for first-time home-buyers but also for the industry.…

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