High Rental Prices are Driving Millennials to Buy Instead

By |2022-09-30T19:31:45+00:00September 22nd, 2022|Categories: Blog, News|Tags: , , |

If you analyzed the housing market in the recent past, it can seem like the housing market drove away many young buyers from buying their first homes. For many, this is true. As shown in a new survey by Money and Morning Consult, 48% of Gen Z (those born between 1997 and 2012) and

How Migration to Austin Could Reshape the Suburbs

By |2022-09-22T21:52:37+00:00September 22nd, 2022|Categories: Blog, News|Tags: , , , |

Two real estate trends that were accelerated by the pandemic could affect the suburbs of Austin. Even before the lockdown, millennials in small to medium cities were moving out of city centers to the suburbs, and many residents of bigger cities were moving to smaller ones.

Austin Named #1 City for Sustainability

By |2022-09-22T22:07:09+00:00August 19th, 2022|Categories: News|Tags: , , , |

Austin was named one of the most eco-friendly cities in the US, which is great not only for the future of the city but also for all long-term real estate investments. Climate change is on the mind of many buyers - they want to invest in something that will withstand changing weather patterns. The city was named the number 1 eco-friendly city in the United States.

Evolution of the Velocity Project, and the Transformation of Southeast Austin

By |2022-09-01T17:39:09+00:00August 19th, 2022|Categories: Blog, News|Tags: , , |

Southeast Austin is getting more and more attention from real estate investors, Property owner and entrepreneur Barakat Ali, development company Presidium, and Elon Musk and Tesla have everything to do with it.

What’s Happening in the Housing Market – Q2 2022 Market Update

By |2022-09-08T17:53:11+00:00August 11th, 2022|Categories: Market Forecast, Market Updates, News, Strategic Advising, Value Add|

Q2 2022 ended with Austin being a top 5 market nationwide in terms of strength and low inventory but definitely seeing tempering due to equities markets pulling back, interest rates rising from 3.5% to 5.5% and inflation.  At The Morshed Group, starting in Q4 of last year, we were letting clients know 2022 would be the year things finally cooled.

North Austin Skyline set to Boom with New Developments by 2025

By |2022-07-19T16:09:17+00:00July 8th, 2022|Categories: Buildings, Construction, Market Forecast, News|

By 2025, over 8 new development properties, many of which are investments over $1B, will be fully finished and functioning. The region will soon be home to not only new offices for tech giants but also hospitals, multifamily buildings, entertainment plazas, hotels, and more. All of these new businesses, and jobs, will make the real estate market boom in that area. If you’re looking for the latest hotspot to invest in, look to North Austin.

Austin is now the Hottest U.S. Job Market

By |2022-07-18T23:30:19+00:00June 17th, 2022|Categories: Market Forecast, News|Tags: , , , , , |

The Austin job market has received many well-deserved accolades recently, including the best-performing job market among the 50+ metro areas with at least one million residents in the Wall Street Journal. Austin ranked first for job growth and share of adults working or looking for work, third for change in the size of the workforce, fourth for change in average weekly wages, and 17th for unemployment rate. Additionally, personal finance content website WalletHub, named Austin No. 5 for the best cities to find jobs in 2022.

Meta is taking over downtown…

By |2022-07-18T23:30:44+00:00January 18th, 2022|Categories: Market Forecast, News|

Meta is leasing up all the office space in Austin’s tallest tower… Not only are they planning to take over all 589,000 square feet of office space (across 33 floors), they’re looking to hire hundreds all while keeping their other downtown offices. This 66-story high rise is under construction and will be Austin’s tallest building.

Redeveloping Florida’s Remote Southern Coast

By |2021-10-16T17:23:44+00:00December 7th, 2015|Categories: Architecture, Buildings, Construction, News|Tags: , , |

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