Luxe Austin Homes - Grossman & Jones

"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…

44 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…

25 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…

49 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,…

20 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…

29 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…

39 Views, 0 Comments

"Inside Paseo, Rainey Street's newest mixed-use tower"

Austin Business Journal writes, "LV Collective contends multifamily developers can learn a lot from the student housing world.

Student housing "is more innovative because when we start developing, our demographics are 14 (years old), and by the time we deliver, they're 18 or 19," said David Kanne, CEO of LV Collective, a national developer of both student and multifamily housing.

"We have to be thinking so far in the future that we are accustomed to constantly improving and dialing in, coming from that world," he said. "We force ourselves to think ahead … and because we have to get so far ahead of our consumer, we are always thinking way further ahead than most people that are doing the same product.”

Kanne made the comments while walking…

48 Views, 0 Comments

"Discover Austin’s best homes with The Grossman & Jones Group’s expert touch"

In the competitive Austin real estate market, The Grossman & Jones Group, Compass Real Estate stands out by delivering a client experience defined by expertise, integrity and results.

Led by Todd Grossman and Michelle Jones, the group’s commitment to excellence has earned them a strong reputation, a referral-driven business and recognition among the top real estate teams in the city.

“Buying or selling a home is one of life’s biggest financial and emotional decisions, and being able to guide people through that journey is truly fulfilling,” Jones said.

The company has built its success on three fundamental principles: listening and prioritizing, continuous learning, and building lasting relationships. Every client’s needs are carefully assessed to ensure a…

287 Views, 0 Comments

"Exclusive | The Sand Dollar House Near Austin Lists for $1.99 Million"

The Wall Street Journal writes, "In Texas, a circular, lakeside home with a roof that looks like a sand dollar is hitting the market for $1.99 million.

Located in the city of Lakeway, which is just outside of Austin, the roughly 2,300-square-foot home is perched on a bluff that overlooks Lake Travis.

The sellers are Karena Dawn, co-founder of the fitness brand Tone It Up, and her husband, Bobby Goldstein. The pair came across the home while boating on Lake Travis. When they found out it was for sale, they bought it for an undisclosed price in 2021.

“Anyone who has boated on Lake Travis in the last 40 years has looked up at it,” said the listing agent, Michelle Jones of Compass. She shares the listing with her colleague,…

340 Views, 0 Comments

"The Grossman & Jones Group offer white-glove customer service to homebuyers and sellers in Austin"

Community Impact writes, "With a combined 40 years of experience in the real estate industry, Todd Grossman and Michelle Jones of the Grossman & Jones Group are committed to exceeding clients’ expectations.

Up until 2018, Grossman and Jones each had their own businesses at a boutique real estate company in Austin. When they got word that Compass, the nation’s largest independent luxury brokerage, was coming to town, they decided to become business partners and join as founding agents.

They founded their company on professionalism, integrity, great relationships and hard work, and today, with the backing of Compass, the Grossman & Jones Group provides buyers and sellers white-glove service.

Jones said joining Compass was an attractive option because…

342 Views, 0 Comments