Luxe Austin Homes

"Habitat for Humanity's Carter Work Project targets Whisper Valley for affordable homes"

Austin Business Journal shares, "In its latest effort to help address Austin's affordability crisis, Habitat for Humanity plans to build more than two dozen homes in East Austin’s Whisper Valley community and make them available at below-market prices, with hundreds more planned throughout the metro over the next several years.

The nonprofit is doing so in Whisper Valley through its 2025 Carter Work Project, an annual event that started in 1984 when President Jimmy Carter volunteered with Habitat to build and renovate homes. In Austin, the project will see 25 homes built in a single week this year, with prices starting around $150,000.

“When we think about the Carter project, it’s really about not just a local story, but a national and…

203 Views, 0 Comments

"New monthly data shows closed leases are up, median rents down across Austin metro"

Community Impact Austin writes, "Leasers in the Austin-Round Rock-San Marcos Metropolitan Statistical Area now have access to some additional insight into the MSA's residential rental market.

Austin Board of Realtors officials announced Feb. 13 that it would begin tracking leasing data across the MSA through Unlock MLS’ monthly Central Texas Housing Report, which already includes home sales data.

Explained

Unlock MLS houses ABoR's Multiple Listing Service, or the platform that Realtors use to share information about homes on the market.

The expansion to include leases gives a more transparent and robust picture of the region’s real estate market, said Brandy Wuensch, 2025 Unlock MLS and ABoR president, in a news release.

“With the increased leasing…

239 Views, 0 Comments

"What are Austin’s cheapest neighborhoods for renters?"

KXAN Austin writes, "After Real estate experts reported in December Austin had the largest rent decrease between 2023 and 2024 of the country’s largest metros, new insight from Rent.com data is revealing which capital city neighborhoods are cheapest for renters.

Rent.com pulled average rental data and annual change data for Austin from February 2025 figures, with all neighborhoods included listed on the apartment search engine’s rental market trends dashboard.

Rent.com’s analysis revealed the average rental prices in Austin included $1,261 for a studio (up 14% year over year), $1,387 for a one-bedroom apartment (down 4% year over year) and $1,713 for a two-bedroom unit (down 3% from this time in 2024).

Looking at the proportions of rental units…

554 Views, 0 Comments

"John Goff's Crescent Real Estate to build luxury development in Horseshoe Bay"

Austin Business Journal shares, "A major real estate development and management firm that once owned The Woodlands outside of Houston has broken ground on a new luxury housing development in Horseshoe Bay west of Austin.

Fort Worth-based Crescent Real Estate LLC already has lots available for purchase in the 114-acre project in the Summit Rock neighborhood of Horseshoe Bay, according to an announcement.

“We look for high-quality developments where we can develop product that fits market demand,” Crescent Chairman John Goff said following the March 4 groundbreaking. “When we look at Texas, it’s just on fire. We have a lot of in-migration because we’re a business-friendly state, and there is a clear need to offer high-end resort product in the…

360 Views, 0 Comments

"Austin Knocks Nashville Off Top Spot for U.S. Remote Workers"

Realtor.com shares, "Austin, TX, has dethroned Nashville, TN, as the most attractive rental apartment market for remote workers, after the "Music City" spent two consecutive years atop the list. Another major Texas city claimed the third spot.

Capital Economics, a London-based consulting firm, released its latest analysis on Mar. 3 looking into apartment markets based on remote workers' preference scores. The analysis examined a variety of factors, including the local job market, cost of living, desirability, and climate—revealing some major shifts in the cities' standings.

Austin grabbed the lead, followed by Nashville and San Antonio, TX, rounding out the top three. Nashville topped the list as the most desirable apartment market for remote…

147 Views, 0 Comments

"Austin leads the nation for developing private affordable housing"

CultureMap Austin writes, "Most people like a bargain, particularly money-conscious renters in the Austin area, where rents continue to be stubbornly high. According to RentCafe, the average Austin apartment rent recently stood at $1,691, compared with the statewide average of $1,449. Fortunately, rent relief is on the way: Austin is a hotspot for affordable housing, according to a new study.

The report from data provider Yardi Matrix shows the Austin metro area leads the nation for the number of “fully affordable” apartments and other multifamily housing units under construction by private real estate developers (not by government agencies). Austin ranks first on the list with 2,717 units under construction, followed by Miami with 2,687 and Los…

263 Views, 0 Comments

"Average new home price in Austin fell $12,000 in January sales slump"

CultureMap Austin reports, "A new statewide real estate report has shown a slow decline in new home sales across Texas, including in the Austin metro area.

The latest New Home Sales Index by HomesUSA.com discovered that Austin saw the fewest new homes sold in January out of the four biggest metros in Texas. The three-month moving average of new home sales in Austin fell to 809 last month, versus 834 sales in December 2024.

Housing prices were was also lower in January, with the average new home in Austin dropping to $483,056. That's nearly $12,000 less than the average prices in December, which came out to $494,714.

While these declines may seem atypical, a sales slump is actually normal during the winter season, according to HomesUSA founder…

288 Views, 0 Comments

"Austin-area housing market poised for another stable year, experts say"

Austin American-Statesman writes, "Steady as she goes.

That about sums up the 2025 outlook by real estate experts for the housing market in the Austin metro area, a five-county region stretching from Georgetown to San Marcos.

Peering into their crystal balls, several leading experts who have tracked the ups and downs of the Central Texas real estate market for years, even decades, foresee stable conditions this year. They predict the 2025 housing landscape could mirror last year's, as more normal trends continue in the wake of the COVID-19 pandemic era buying frenzy, when multiple offers, often well above asking price, were common.

Those expected trends include home prices remaining relatively flat; a steady supply of housing; predictable…

272 Views, 0 Comments

"Booming Austin neighbor among top 20 suburbs for Americans on the move"

CultureMap Austin shares, "A new list on the most desirable suburbs in America puts one buzzy Austin-area city in the top 20: According to a recent growth report by moving services website moveBuddha, Georgetown comes in at No. 18 on the list of American suburbs that everyone wants to move to.

The survey ranks the suburbs that are the most in-demand in the most populous U.S. metros for 2025.

It ranks cities by two criteria: recent mover search data from January 2024 to February 2025 which reflectsmoves planned for the current year; and the most recent Zillow Home Value Index data for home averages in each of the 50 biggest metros.

Georgetown had a "move in-to-out ratio" of 1.46, meaning there are 146 searches for moves in for every 100…

195 Views, 0 Comments

"RAINEY STREET 3.0"

Austin Business Journal writes, "Austin’s Rainey Street is about to emerge from a construction cocoon — solidifying its longtime transformation from a once sleepy, residential street into one of the densest areas in Texas, if not the country.

The district in downtown Austin has been years in the making. It was a hub of late-night entertainment and barhopping in the 2010s, and a flurry of high-rise construction in recent years has made it difficult for bars and businesses to bring in patrons.

Once the dust settles, however, the new Rainey Street Historic District will become its own ecosystem. Thousands will call the area home, in addition to a mixture of hotels, offices, retailers, restaurants and a host of both daytime and nighttime activities.…

292 Views, 0 Comments