Luxe Austin Homes - real estate

"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…

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"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…

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"More listings add much-needed housing inventory, but some homes are sitting on the market longer"

Austin Business Journal writes, "The first few weeks of 2025 have brought an uptick in home listings, but whether housing inventory currently on the market is priced to sell remains to be seen.

New for-sale listings rose 7.9% in the four-week period ending Feb. 2 compared to the same timeframe a year earlier, according to data from Redfin Corp. (Nasdaq: RDFN). Despite the increased inventory, pending sales were still down 8.1% year over year.

Some of the pending sales slowdown could be seasonal or related to economic uncertainty, but mortgage rates and high home prices — including among newly listed inventory — are also keeping many would-be buyers sidelined.

Inventory is beginning to accumulate, and some homes are taking longer to sell, largely…

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"Central Austin homes continue to spend more time on market year over year"

Community Impact Austin reports, "Homes in Central Austin spent 19.7% more time on the market in January 2025 compared to January 2024, according to data from the Austin Board of Realtors. Median home prices only saw a slight increase year over year, with the largest share sold in the $900,000 and over price range.

The details

Median home prices slightly increased year over year by 1.42%. Homes in 78756 saw the largest price increases year over year, by 84.31%, and homes in the 78701 ZIP code saw the largest decrease in price, by 57.78%.

In January 2025, the largest share of homes sold in Central Austin were in the $900,000 and over price range. This is similar to last month.

Homes spent 19.7% more time on the market year over year. Out of the…

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"Top-selling Realtors to get spotlight"

Austin Business Journal reports, "Every year we ask local Realtors to give us their statistics — number of homes sold, dollar volume, most expensive sold home and more — so we can rank them for ABJ's annual Residential Real Estate Awards luncheon.

The numbers have been crunched and the winners have been identified. Some of them competed solo, others banded together in teams. Some made the list by selling several homes a week. Others made the cut because they sold only a few, but they were mega-mansions.

Use this list if you're a homebuyer or seller trying to navigate this toughening housing market. Do you run a company that's recruiting a lot of people from out of town? Perhaps your business' go-to Realtor is in here so you can offer yet another…

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"Austin suburbs are some of the top U.S. hot spots for new rental homes"

CultureMap Austin shares, "A new rental report has revealed Texas is leading the nation with the highest single-family home rental construction growth, and Austin is among the top 10 U.S. metros building the most new homes for rent.

The analysis from rental listings website Point2Homes examined construction rates and building permit data for single-family homes that are "located in build-to-rent, professionally managed communities" across America. For the purpose of the study, build-to-rent communities are defined as those where a majority of homes eitherdon't share any walls with each other, or so have some shared walls but do not have neighbors above or below, or have a direct-access garage.

According to the report's findings, Austin's rental…

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"Austin to deliver more affordable housing in 2025 than any other US city, study says"

Austin Business Journal reports, "Austin is expected to deliver more affordable multifamily housing units than anywhere else in the country in 2025, and it still may not be enough.

With housing affordability a major issue both in Austin and across the country, 2025 is expected to see 78,377 affordable multifamily housing units delivered nationally, with 3,452 units in Austin alone, according to a new report from Yardi Matrix. Los Angeles is expected to deliver the second-most affordable units this year, at 2,752.

Even with nation-leading construction, however, worries persist that Austin still won't have enough. In addition, rising development costs and other issues could reduce the number of new units in coming years.

Affordable multifamily…

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"Austin Asking Rents Drop 16% in January—More Than Any Other Major Metro—And Are Now $400 Below Their Record High"

Redfin.com writes, "Nationwide, the median asking rent was little changed from a year earlier, down 0.1% to $1,599. But rents may inch up if demand outstrips supply in a big way, which is feasible because apartment construction is slowing and high homebuying costs are fueling renter demand.

The median U.S. asking rent was $1,599 in January, little changed (-0.1%) from a year earlier and up 0.5% from a month earlier.

The median asking rent per square foot fell 1.5% year over year to $1.80 and rose 0.8% month over month. 

Rents are stabilizing because the number of available apartments is in sync with the number of people who want to rent those apartments. Asking rents skyrocketed during the pandemic moving frenzy because there weren’t enough…

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"Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year"

Realtor.com writes, "Tax season can be very stressful for many Americans—and for homeowners, having a place to call home can add another layer of complexity.

Sure, several tax breaks are available to owners. However, navigating them, finding the appropriate forms, and ensuring you do not forget any deductions can be challenging.

Recently, a real estate expert posted a TikTok video reminding homeowners that one of these tax forms could actually help them get a tax bonus this year. The video was liked more than 26,000 times, underscoring taxpayers’ interest in understanding deductions as much as possible. 

Real estate agent warns not to throw out your recent mortgage statement

TikTok user and mortgage expert @loanladyliz explained that there…

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"Realtor.com relocates HQ to Austin from California"

Austin Business Journal writes, "Count Realtor.com as the latest California company to name Austin its new corporate headquarters.

The real estate platform, which already has an Austin office at 901 E. Sixth St. and employs 400 people here, is making the city its official headquarters instead of its previous home base of Santa Clara, Calif., according to an announcement. The move appears to be mainly a change of letterhead for the time being, but CEO Damian Eales said the company expects to add hundreds of new hires in Austin over the coming years, with many likely to be recruited locally.

The company will maintain its presence in New York and Scottsdale, Arizona, but will be closing its offices in Santa Clara and Chicago.

Austin's central…

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