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The median price of a home in the Austin area set a record high last year, inching closer to the $500,000 mark. The Austin Board of Realtors reporte

In another sign that economic recovery from the COVID-19 pandemic is underway, Austin's unemployment rate last month fell below 5% for the first time since December 2020 and to its lowest point in a year. As vaccine rollouts increased and businesses continued to reopen, the area's jobless rate decreased from 5.3% in March to 4.5% in April, according to new figures from the Texas Workforce Commission. The data include Travis, Williamson, Hays, Bastrop and Caldwell counties. The Austin region's April unemployment rate is now far below the pandemic peak of about 12% in April 2020. It has spent ...

This month's Austin home report comes with a warning: this growth is not sustainable. Author: Katie Friel (CultureMap) Updated: 6:45 PM CST December 18, 2020 ( CultureMap) At this point, we're running out of ways to say: Austin's real estate market is on fire. November was another record-breaking month following a record-breaking October, September and August. Despite the sky-high numbers, local real estate experts quoted in the Austin Board of Realtors' November Central Texas Housing Report issued a stern warning: this growth is not sustainable.  "While we’...

Despite the coronavirus pandemic, Central Texas home sales remain on track for another record year, and local real estate experts say they expect 2021 will also be a strong year for housing in the Austin region. Home sales and median home-sale prices across the five-county region that spans Georgetown to San Marcos initially were hammered in the early months of the pandemic. But they rebounded after shutdowns lifted, and have roared back to set monthly records for much of the year. Last month, sales in both the Central Texas region and within Austin's city limits hit an all-time high for a...

Austin home prices climb higher as real estate experts issue warning Home sales continue to soar across the metro area.  RoschetzkyIstockPhoto/Getty Images At this point, we're running out of ways to say: Austin's real estate market is on fire. November was another record-breaking month following a record-breaking October, September, and August. Despite the sky-high numbers, local real estate experts quoted in the Austin Board of Realtors' November Central Texas Housing Report issued a stern warning: this growth is not sustainable.  "While we’re grateful that the housing market rapidl...