Austin Real Estate

Found 183 blog entries about Austin Real Estate.

why millenials moving to austin

Austin’s skyline has evolved quickly in the last decade. New businesses and residential high rises show the remarkable speed at which our infrastructure is changing.

Perhaps the only thing growing faster than our buildings is our population.

Austin is one of the fastest growing cities in the country, with 170 new residents moving here every day. But one demographic is moving here faster than others: the Millennial generation.

Millennials constitute the generation born between 1981 - 1996 and make up most of today’s workforce.

So why is Austin such a magnet for this population? We have some ideas:

Careers in Austin

Cities with competitive employment opportunities offer an obvious selling point to the largest generation in the modern

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So, how is the rental market in Austin faring? Well, we're glad you asked. Read up on the latest from the Austin leasing market, direct from the MLS®!

Supply remains quite low at just 300 units, so it's a great time to lease out that property you've been considering. With high demand and low supply, you can get top dollar for your rental. Remember, the average days on market for a rental in Austin is currently 34 days, but you can get that property filled 4 days faster with a JB Goodwin rental specialist.

The essential stats to look out for:

  • Total leases are up 4%
  • Home leases are up 6%
  • Property & single-family home leases are both down 10% respectively
  • The median price of a single-family home rental is $1,750, or approximately
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New Fortune 100 Company HQ Coming to Austin: What This Means for Local STEM Opportunities

In January 2018, WalletHub ranked Austin, Texas the fourth best metro area in the country for STEM (Science, Technology, Engineering, and Mathematics) professionals.

When it comes to STEM opportunities, publications like WalletHub look for cities where big companies in technical fields are expanding. Those expansions translate into job opportunities.

Austin Business Journal recently announced that Resideo Technologies (REZI), a Honeywell spinoff and Fortune 100 company, has chosen Austin for its future headquarters.

Resideo manufactures residential indoor-environmental control and security systems. They are the “leading wholesale distributor of security and low-voltage products,” and a top manufacturer of smart home products.

What will

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Hot off the press! The JB Goodwin Team is proud to present the latest Austin MLS® stats for the month of September 2018!

Upward is the predominant trend across several different statistics. In a shift over last month, inventory is up 5% compared to 2017 figures, as are the median price of homes and the total units sold year to date.

Supply is up 400 units compared this same time last year, but still lags far behind eight years ago when there were 2,500 more units available for sale.

Key stats:

  • Median home prices are up 4.3% over last year
  • Despite an increase, inventory remains low at just 3 months
  • Demand is up 3%
Have more questions about the Austin real estate market? Don't hesitate to contact us online today!

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Read up on the Austin rental market with JB Goodwin's MLS® leasing statistics for the month of October - hot off the press!

Supply is still down overall, but up slightly over last month with 200 available units. With supply down and demand up 4% in 2018, now is a great time to lease out that property. The average days on market of an Austin rental property is 34 days, but you can get that unit filled 5 days quicker with JB Goodwin!

Other essential leasing stats:

  • Total leases are up 4%
  • Home leases are up 6%
  • Property leases & single-family homes leases are both down, 6% & 8% respectively

Are you interested in learning more about leasing our your Austin home, condo or townhome? Don't hestitate to contact the team at JB

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austin mls leasing stats - september 2018 

JB Goodwin is proud to present the Austin MLS® leasing statistics for September 2018. Get the low down on the rental numbers in the city below.

Supply remains down with just 200 units available. Demand is up 4%, compared to this time in 2018, while prices remain level. The average days on market for a rental property in Austin is 31 - rent that space 6 days quicker with JB Goodwin!

Important leasing stats:

  • Total leases are up 4%
  • Home leases are up 6%
  • Both single-family home & property leases are down, 6% & 4% respectively.

With supply down and demand up, now is the perfect time to rent out that property. Get in contact with JB Goodwin today & learn how we can help!

austin mls leasing stats - september 2018

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A few months ago, Precourt Sports Ventures, the company that owns the Columbus Crew SC soccer team, delivered a proposal to develop a new professional soccer stadium in Austin, Texas. The stadium would replace the pro soccer team’s current homefield, Mapfre Stadium, in Columbus, OH, where the team has played since 1999.

Precourt Sports Ventures proposed building the new stadium at McKalla Place near The Domain, an area considered Austin’s “second downtown”.

According to Jonathan Emmett, design director of Gensler Sports Practice, the proposed stadium will be “influenced by great European venues... we are also drawing heavily on the incredibly diverse and vibrant local culture, to create a uniquely ‘Austin’ experience for MLS fans,"

On the

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austin real estate mls stats - july 2018

Hot off the press! Take a peek at the July 2018 real estate statistics for the city of Austin.

Inventory levels remain low at a 2.9 month's supply. Demand is up with a 4% increase so far in 2018.  Demand in 2017 was up 3%.

At just past the halfway mark of the year, the trend of continued rising median home prices is set to continue its upward trajectory.

Other highlights:

  • 20,810 total units were sold so far this year, up 4% from 2017 numbers
  • The median price of a home in Austin is $306,000, up 4%
  • Inventory level is down 4,200 compared to 8 years ago

 

austin real estate mls stats - july 2018

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Supply remains level as does demand, at a 4% increase so far in 2018, compared to 10% by this time in 2017. Rental prices have remained more or less level from 2016 through to 2018.

Compared to the average, JB Goodwin gets rental listings filled 9 days faster!

Specific numbers to look out for, compared to 2017:

  • Total home leases are up 5%
  • Property leases are down 4%
  • Single-family home leases are down 6%

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austin city skyline, new construction

A new building pierces the iconic Austin skyline. The Independent is a luxury residential complex under development in Central Austin. The building’s condo units vary from 1- 4 bedrooms and the finished building will offer weight rooms, swimming pools, and highrise play areas, among other residential amenities.

The 58-story, jagged-style building is among Austin’s tallest towers and is by far the city’s largest residential building. In fact, The Independent is one of several new buildings filling the skyline in downtown Austin. As our city continues to expand and more families call Austin their home, those who’ve been here for some time have the unique pleasure of watching Austin evolve right before our eyes.

If you live here, there’s a slim

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