Market Insights
Trending and analysis via our proprietary models empower us to help you make the right decisions vs the wrong choice.
Austin Takes the Lead: Unveiling the #1 Real Estate Market for Pent-Up Demand in 2024
As we enter 2024, Austin emerges as the leading real estate market for pent-up demand. This report unveils the factors driving Austin’s top position, from rapid population growth to a burgeoning tech industry, and examines how these elements are reshaping the local real estate landscape. Insights include market dynamics, future outlooks, and strategic tips for both buyers and sellers looking to capitalize on Austin’s booming market.
ZT Systems’ Expansion to Georgetown: Pioneering the Future of Cloud Computing and AI Manufacturing
Georgetown, located just 30 miles north of downtown Austin, is rapidly becoming a hotspot for innovation and industrial growth.
High Rental Prices are Driving Millennials to Buy Instead
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.
How Migration to Austin Could Reshape the Suburbs
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
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
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
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.
Austin is Poised to be the Next US Tech Hub
In the technology industry, talks of emerging “new Silicon Valley” are hot, and Austin is a contender to become the newest tech hub. The current hub in California is seeing a decline in popularity among both residents, future residents, and companies.
How Does a Recession Affect the Housing Market?
Many financial professionals and US residents have been asking if the country is officially in a recession. With this looming, many are also wondering about the housing market. One financial crisis can often affect another, so that’s a fair question to ask.
North Austin Skyline set to Boom with New Developments by 2025
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.
5 Important Developers that will Change Austin’s Landscape
According to a report on KVUE news, the current Austin real estate market is a builder’s one due to a construction boom. According to the Texas Real Estate Center at Texas A&M University analyzing data from the U.S. Census Bureau, the number of new homes that received permitting and are under construction so far this year is 11,165.
Austin Neighborhood Spotlights
Your Guide to the Best Neighborhoods in Austin
Warehouse District
Once upon a time, the Warehouse District neighborhood was just an extension of 6th Street, but today it’s perhaps the crown jewel of Austin’s diversity, boasting award-winning hotels, The ACL Live venue, towering views of Lady Bird Lake, and the very best restaurants and entertainment spots that our fine city has to offer.
Shady Hollow
The Shady Hollow neighborhood is family-friendly and located 10 miles South of downtown Austin, south of Slaughter Lane, spanning near the Hays county line near the Lady Bird Johnson Wildflower Center. Established in 1978, it was among first planned communities in the area.
Clarksville
Founded in 1871, Clarksville is the oldest surviving freedomtown ‒ the original post-Civil War founded by former African-American slaves ‒ west of the Mississippi River.
Castlewood Forest
Located on the west side of Manchaca Rd. between Slaughter and Davis Lane – The primary neighborhood entrances are from Davis Ln. at Collingwood Dr., and from Manchaca Rd. at Crownspoint Dr. or Monarch Dr. Known for spacious yards with homes built mostly between 1968 –1985, this is the place where you may end up with with that swimming pool you’ve always wanted for a fraction of the price in other hot Austin neighborhoods.
West Lake Hills
Referred to as a “suburb” of Austin, the West Lake Hills neighborhood’s proximity to MoPac and Loop 360 make this coveted neighborhood a seamless part of the Austin metro area.
Travis Heights
The Travis Heights neighborhood that truly has the best of both worlds. Spanning from I-35 on the east to Congress Avenue on the west, the northern border is Lady Bird Lake (or Riverside Drive) and the southern border is Oltorf Street – this is a place where residents can grab an afternoon run along the creekside trail before walking to South Congress Avenue for fajitas & margaritas with friends.
Cherrywood
Cherrywood in Austin Texas is known by several names, including Upper Boggy Creek, Dellwood II, and French Place. Bordered by Wilshire Boulevard to the north, Manor Road to the south, Interstate 35 to the west and Airport Boulevard to the east.
Allandale
Allandale in Austin, Texas is an upscale neighborhood ideal for families, young couples, seniors, and empty-nesters, Allandale possesses an enviable combination of good schools, low crime, parks & recreation, and a variety of restaurants to choose from. Bordered by MoPac Expressway to the west and by Austin Memorial Park Cemetery and Brentwood to the south, this safe and quiet neighborhood offers easy access to the local highways.
Sunset Valley
Sunset Valley is a “small town” oasis (one square mile) roughly 10 miles Southwest of downtown Austin. This small community, established in 1954, sits just East of Loop 1 (Mopac) and South of Highway 71.