Luxe Austin Homes - Real Estate Market

"Texas scores No. 1 city in US for homebuyers, report shows"

MYSA.com writes, "If you're looking for a new home, one Central Texas city just might have exactly what you need. Texas' capital city was recently recognized for having the strongest market in America for homebuyers, according to a new Redfin report.

The online real estate brokerage crowned Austin with the No. 1 spot on its top 10 list of the strongest buyers markets of September 2025. All but two of Redfin's best buyers markets were in Florida or Texas, with major cities like San Antonio, Houston and Dallas also in the mix.

To determine the rankings, Redfin analyzed the 50 most populous U.S. metropolitan areas using proprietary data on the typical time from a buyer’s first tour to close of purchase, MLS data on active listings and pending sales.…

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"Comparing Texas housing markets: Austin, Dallas, Houston, San Antonio trends"

Housingwire writes, "Austin’s housing market showed the sharpest shift toward buyers among Texas’ major metros, with 53.4% of active listings taking price cuts as of Nov. 1, 2025. The Austin-Round Rock-San Marcos metro’s median list price dropped to $499,000 from $525,231 a year earlier, marking a $26,231 decline.

The divergence across the Texas Triangle metros reveals how even neighboring markets can experience different conditions. The Texas Triangle—a megaregion formed by Dallas–Fort Worth, Houston, San Antonio, and Austin that houses the vast majority of Texans—shows varying market dynamics despite geographic proximity. While Austin and San Antonio moved into buyer-favorable territory, Dallas-Fort Worth and Houston maintained neutral conditions…

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"Austin market relies on price cuts as homes sit longer"

Housingwire writes, "The Austin-Round Rock-San Marcos metro housing market shows a striking disconnect between aggressive price reductions and selling pace, with 53.43% of active listings taking price cuts while homes still require 84 days to sell, according to the latest market data.

This paradox positions Austin as an outlier in both Texas and national markets. Despite more than half of sellers reducing prices, the metro’s median days on market exceeds the national average of 77 days, though it moves faster than the Texas state median of 91 days.

Inventory builds as buyer conditions strengthen

Austin’s housing inventory reached 11,429 active single-family homes as of Nov. 1, 2025, representing 3.67 months of supply. The market absorbed 780…

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"Mortgage Applications Today: New Home Loans and Refinancing Slows Despite Lower Rates For Now"

Realtor.com reports, "Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA). It's an about-face from the week prior when home loans saw a 7.1% increase.

This comes as mortgage interest rates dipped to 6.17% for the week ending Oct. 30, according to Freddie Mac. That's the fourth straight week of declines after the Federal Reserve cut interest rates for the second time this year.

The Market Composite Index, a measure of mortgage loan application volume, decreased 1.9% on a seasonally adjusted basis from one week earlier.

On an unadjusted basis, the Index decreased 3% compared with the previous week. The Refinance Index decreased 3% from the previous week and was 151% higher…

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"Falling Mortgage Rates Boost Housing Market for Now—as Government Shutdown Enters Second Month, Clouding Outlook"

Realtor.com reports, "Mortgage rates just hit 6.17%—their lowest in more than a year. Also this week, the Fed cut rates again. Together, this could provide some real momentum for the housing market. 

But with an economy sending mixed signals and the government shutdown clouding the data picture, uncertainty is creeping in.  

That’s this week’s big story: Momentum meeting uncertainty. Lower rates are trying to push the housing market forward, and macro risks are pulling it back.

On one side, momentum: Since May, mortgage rates have fallen by 70 basis points, saving a typical buyer about $150 a month—that’s nearly $2,000 a year in payments. 

On the other side, uncertainty: Without the usual labor market data, Fed Chair Jerome Powell compared…

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"Homebuyers are backing out of deals at record rates. Here's why and what it means for the housing market."

Austin Business Journal reports, "Residential real estate purchase agreements are being canceled at record rates — upwards of 20% in some major metro areas — as sellers struggle to maintain the upper hand and buyers suffer from cold feet.

That's according to an analysis of MLS pending sales data in 50 large metro areas by real estate analytics firm Redfin.

Nationally, about 56,000 home-purchase agreements were canceled in August, which translates to 15.1% of homes that went under contract during the month.

That's the highest rate of cancellations in August since Redfin started tracking the metric in 2017. In August 2024, the rate was 14.3%.

The increase represents another obstacle for an evolving housing market already challenged…

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"Mortgage Rates Hit Lowest Level in Over a Year as Fed Eyes Possible Rate Cut"

Realtor.com writes, mortgage rates dipped yet again. The Freddie Mac 30-year fixed rate fell to 6.19%, its lowest level in more than a year. That’s a meaningful drop, and it comes as markets fully price in another possible Federal Reserve rate cut after it meets next week.

While this gives buyers some breathing room, it’s worth noting that further declines may be limited. That’s because there’s still uncertainty around a potential December policy move, and inflation expectations remain sticky.

After delays from the government shutdown, we finally got the report everyone’s been waiting for. The consumer price index, or CPI, showed inflation running at 3% year over year, a slight increase compared with 2.9% the previous month.

Meanwhile, core…

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"Austin, TX Is America’s Strongest Buyer’s Market, With Over Twice as Many Home Sellers as Buyers"

Redfin News writes, "It’s a buyer’s market—for those who can afford to buy. 

America had an estimated 36.7% more home sellers than buyers in September, meaning many of the buyers who were in the market had room to negotiate. June 2025 is the only month in records dating back to 2013 when sellers outnumbered buyers by a greater percentage, and it was only marginally greater—36.9%. 

The strongest buyer’s market is Austin, TX, which had an estimated 130% more sellers than buyers in September. Next came Fort Lauderdale, FL (118.5% more), West Palm Beach, FL (113%), Miami (112.2%) and Nashville, TN (109.4%). All but two of the 10 strongest buyer’s markets are in Texas or Florida. 

We estimated the number of buyers using proprietary Redfin data on the…

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"Austin housing market shows stability with jump in sales, lower prices"

CultureMap Austin writes, "After an August declaration that Austin was becoming a buyer's market, the latest Central Texas Housing Report studied September data and found the metro's highest growth in closed home sales all year.

The new report from from Unlock MLS and the Austin Board of Realtors (ABoR) revealed that closed sales rose 6.7 percent year-over-year in the Austin-Round Rock-San Marcos metropolitan statistical area (MSA). Median home prices in the metro dipped nearly two percent year-over-year to $420,000.

Unlock MLS research advisor Vaike O'Grady said the September data indicates buyers are showing a "renewed confidence" as the market stabilizes. September's housing trends are also following ABoR's expectations for the season as the…

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"Compass To Become World’s Largest Real Estate Brokerage in $1.6 Billion Merger"

Realtor.com shares, "Brokerage giant Compass is set to become the largest residential real estate firm in the world after announcing a deal to acquire major rival Anywhere for $1.6 billion.

Compass, which also operates Christie’s, announced the acquisition on Monday, which will see it take control of Anywhere's subsidiary brands, including Century 21, Sotheby’s, and Coldwell Banker.

The all-stock deal values the combined companies at roughly $10 billion and will create what is by far the largest residential real estate brokerage in the world.

Compass says the merger will expand its reach into every major U.S. city and 120 countries, with a combined workforce of 340,000 real estate professionals globally. Compass was already the largest U.S.…

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