Megan Ziegelbein | July 28, 2022
As one of the most popular cities in the country, Austin is constantly moving, growing and evolving. Aside from our ever changing food scene, the capital city has seen a few shifts this summer.
Austin-Round Rock Housing Market Stats
With pending home sales down, and a triple-digit increase in active listings, Austin's real estate market is beginning to reach pre-COVID levels of normalcy. However, home prices are still up almost 20% from May 2021. While this is still considered a Seller’s market, Buyer’s are gaining more leverage now since the pandemic began in 2020.
Samsung Considers $200B Investment in Central Texas
According to the Austin American-Statesman, Samsung is weighing what could be the largest investment Central Texas has ever seen. It was announced that the potential plan includes building 11 chips making facilities in the Austin area which could create more than 10,000 jobs.
Austin Incorporates SITES Rating System
In an effort to uphold the commitment to caring for our parks and green spaces, Austin has become the first city in the world to adopt the SITES rating system. SITES is a sustainability-focused program that encourages landscape architects and engineers to utilize practices that protect our ecosystems. After years of research and development by innovative professionals in the fields of water, soil, vegetation, materials and human health, project teams will be able to develop beautiful, functional and holistically healthy landscapes.
Stay up to date on the latest real estate trends.
Megan Ziegelbein | July 28, 2022
July 2022 Local Updates
June 1, 2022
Austin’s market continues to thrive with high demand and strong year-over-year appreciation.
May 28, 2022
Live music can be found all across Austin, in trendy clubs and long-standing venues.
May 5, 2022
Texas’ thriving state capital has something for everyone, from the city’s posh suburbs to an incredible live music scene, to the majesty of Zilker Park in the summer.
January 13, 2022
The property will house two commercial units and offer many amenities.
January 12, 2022
Cascade's units will range in size from 572 square feet to 1,461 square feet.
January 11, 2022
They will develop Cascade Condominiums, a 113-unit multifamily project.