Luxe Austin Homes

"Austin rents may not rise significantly until 2027"

Austin Business Journal writes, "Over the next year, the Austin metro’s rental market should still be friendlier for tenants as the market continues to stabilize. 

Austin’s rental market exploded during and after the pandemic as the metro area saw many businesses and people move to the area, which caused rents to spike, said Israel Linares, an analyst for CoStar. Rental construction since then has outpaced demand from Austin’s growing population. As a result, landlords have decreased their asking rents and offered more concessions. 

“We've been going through this development phase the last few years. It hit a high point in 2024. We had over 32,000 units delivered,” said Linares. “And so that's created a lot of pressure on operators who are…

1142 Views, 0 Comments

"Unlock MLS shares key Austin-area housing market takeaways for 2025"

Community Impact writes, "Unlock MLS market research adviser Vaike O’Grady shared an end-of-year update on the Austin-Round Rock Metropolitan Statistical Area's housing market, including where the MSA is seeing employment growth and projected housing trends.

Major takeaways

According to Unlock MLS' year-to-date data on single-family homes:

• Homes spent 73 days on the market on average, nine days longer than 2024 YTD
• Total sales were down 5% from 2024 with 26,455 homes sold
• Median sale prices were down 1% from 2024 at $438,532

Similarly, with multifamily units:

• Average lease prices were $1,369
• 86.6% of units were leased
• 19,533 units were under construction with 58,995 proposed

While mortgage rates are trending lower, home…

228 Views, 0 Comments

"The housing market's next era has arrived. Here's what it means for prices."

"The housing market might be going strong or it could be in free fall. It all depends where you live.

“We are entering a new real estate market where prices, inventory and sales levels are back to being highly localized,” said Alex Vidal, brand president at ERA Real Estate, in an email. “During the pandemic, and soon after, we were able to make broad-brush statements about dwindling supply, booming buyer interest and increased prices. That is no longer true.”

Recent data from Zillow Group Inc. underscored what is becoming a growing divide between housing markets, showing that 53% of homes in America lost value in the past year — the most since 2012. That varies dramatically by region and city, though, with homes in the South and West the most…

257 Views, 0 Comments

"Redfin’s 2026 Predictions: Welcome to The Great Housing Reset"

Redfin.com writes, "U.S. homebuyers will start to get some relief in 2026, with affordability improving as income growth outpaces home-price growth. Next year will mark the beginning of a long, slow recovery for the housing market. 

The Great Housing Reset will take shape in 2026. It won’t be a quick price correction, and it won’t be a recession. Instead, the Great Housing Reset will be a yearslong period of gradual increases in home sales and normalization of prices as affordability gradually improves. It will start next year, with incomes rising faster than home prices for a prolonged period for the first time since the Great Recession era. 

It won’t be enough to make homebuying affordable in the short run for Gen Zers and young families, who will…

128 Views, 0 Comments

"2026 Brings a Turn Toward Affordability—Even as Home Prices Keep Rising"

Realtor.com reports, "The year ahead is likely to be a more affordable one for many homebuyers, even though home prices continue to climb for sellers.

The reason affordability improves is that we expect mortgage rates to be lower on average across 2026. In fact, monthly payments are projected to drop for the first time since 2020.

On top of that, incomes will grow, dropping the share of monthly payments—which buyers have to fork over to buy a typically priced home—below 30%. This builds on the modest improvement in affordability we saw in 2025 to bring the costs under this key benchmark for the first time since 2022. 

Improving affordability will help bring more sellers back into the housing market, boosting inventory by roughly 9%. And…

331 Views, 0 Comments

"Home prices in these ZIP codes have crossed the $1M threshold"

Austin Business Journal writes, "Home prices have soared since the pandemic, and that's led to a surge in ZIP codes where prices are regularly eclipsing the $1 million mark.

Typical home value topped $1 million in 913 ZIP codes across America this fall, with many of those markets seeing home values more than double compared to pre-pandemic figures, according to an analysis of data from Zillow Inc. by The Business Journals.

The analysis found typical home prices in 547 ZIP codes crossed the $1,000,000 threshold since 2019 — including 37 that crossed the threshold between 2024 and 2025.

The gains have been lucrative for sellers, but they also reflect what has become a historic housing-affordability crisis in markets across the country.

Among…

415 Views, 0 Comments

"Icon building 3D-printed homes in luxury Lake Travis development"

Austin Business Journal shares, "Icon Technology Inc., a 3D-printing construction technology company, has delivered its first home in a luxury neighborhood on the shores of Lake Travis.

Icon began construction of five 3D-printed homes in The Canyon Club, a 60-acre project being developed by Prasso Ventures north of Spicewood at 122 Shoreline Road, in April. The first 3,400-square-foot home was substantially completed in October, an Icon representative confirmed, though there was some final work on the home that occurred through December.

This project underscores how quickly Icon homes can be 3D-printed, and the company continues to build more. Their homes have been cropping up across the metro in recent years — notably within East…

372 Views, 0 Comments

"Thriving Austin neighbor named No. 5 best Texas city to move to"

CultureMap Austin reports, "Several Austin neighbors have been deemed the best Texas cities to move to, with one booming city — Leander — coming in at No. 5.

Advisors at ConsumerAffairs, a customer review and news platform, ranked the 50 most populated Texas cities across five main categories — affordability, safety, economy, health care and education, and quality of life — to determine which were the best places to move to. Each city was given a score out of 100 possible points.

The top four best places to move to in Texas are all located in Dallas-Fort Worth: Allen (No .1), Frisco (No. 2), Plano (No. 3), and McKinney (No. 4). Leander rounded out the top five, and Round Rock appeared at No. 9.

In the safety category, Leander topped the list,…

110 Views, 0 Comments

"A century of growth: How ABoR is shaping the future of housing in Central Texas"

As 2025 comes to a close, Central Texas continues to be a place where people want to live, work, innovate, and build their futures. But the same growth that fuels our economy is also putting immense pressure on something fundamental to our region’s long-term stability: housing affordability.

A recent Austin Business Journal survey, commissioned by the Austin Board of REALTORS® (ABoR), makes this reality impossible to ignore. More than half of business leaders ranked housing affordability and availability among the top three issues facing Austin, with property taxes close behind. These findings reflect a broader reality across our region. An overwhelming 61 percent of respondents believe homeownership has become less affordable in recent years, with…

113 Views, 0 Comments

"Redfin predicts housing market ‘cool off’ in the Austin metro in 2026"

AUSTIN (KXAN) writes, "The U.S. Housing market may enter a “great reset” on home prices in 2026, according to a report from the real estate company Redfin.

“It won’t be a quick price correction, and it won’t be a recession,” the report states. “Instead, the Great Housing Reset will be a years-long period of gradual increases in home sales and normalization of prices as affordability gradually improves. It will start next year, with incomes rising faster than home prices for a prolonged period for the first time since the Great Recession era [2008].”

The report was written by Redfin’s Chief Economist Daryl Fairweather and Head of Economics Research Chen Zhao.

Zhao and Fairweather made 11 predictions in the report, most of which focused on the…

142 Views, 0 Comments