Austin's July Housing Market Trends: CPI, Soft-Landing , and Supply Chain Stabilization Austin CPI Data The consumer index (CPI) rose lower than expected in July and continued to decline . The core CPI was 4.7% , down 0.1% month-on-month. The Fed has raised interest...

Positive Economic Indicators Reflected in June Housing Market Data The Federal Reserve received encouraging news with the release of the June Consumer Price Index (CPI), as the index showed a lower-than-expected increase, signaling a continued decline. This positive...

ATTENTION AUSTIN, TX - Texas Lt. Governor Dan Patrick and House Speaker Dade Phelan announced a landmark agreement on legislation that will provide the largest property tax cut in Texas history. The $18 billion tax relief package comes after months of negotiations...

The Harvest Portfolio: A Sneak Peak (Pt. 1: Introduction and Purpose) Intro The current market is undoubtedly characterized by turbulence, with prices fluctuating across various niches, categories, and locations. Such volatility poses challenges in predicting the...

Austin Emerges as a Thriving Job Market and Desirable City for Business and Living The Wall Street Journal and Moody's Analytics, renowned financial analysis firms, have recently conducted an in-depth examination of data on employment rates, labor force participation,...

Austin Soars to Tenth Most Populous City in the US, Leading Texas' Rapid Growth The US Census Bureau recently unveiled its latest official data, revealing an impressive achievement for Austin. According to the statistics, Austin has successfully ascended to become the...

Housing Market Insights: Austin Metro Area’s April in Review In April, the median home price in the greater Austin metro area (Austin-Round Rock MSA) stood at $466,705. The region experienced 4,115 new listings and had 8,285 active listings. Concurrently, 3,267...

Approval Granted for 159-Acre Data Center Development in Hutto, Texas The Hutto municipal government approved the development of a 159-acre ultra-large data center called "PowerCampus Austin" on May 4. Jointly developed by Skybox Datacenters LLC and Prologis Inc., the...

The U.S. tax system has experienced significant changes in recent years, and it’s crucial to comprehend how these changes may impact your tax liability, especially with the release of the 2023 tax brackets. In this article, we’ll delve into the differences in 2023 tax brackets and how they can affect your taxes.

Many Travis County residents can expect to pay slightly less in FY 2022-23, despite increasing property values.

Five local architecture firms will showcase their designs in a high-end residential development coming to West Lake Hills. Custom homebuilder Foursquare Builders LLC announced Sept. 7 it will build an enclave of six ultra-luxury homes in the tony suburb west of...

If you want to find where the richest people in the Austin area live, zip on over to Steiner Ranch in West Austin. New data from the Austin Business Journal shows 78732, which encompasses Steiner Ranch, is the wealthiest ZIP code in the five-county metro area, with a...

By year’s end, Austin is projected to rank No. 4 among major metros nationwide for new apartments brought online, a welcome sign of relief in a region starving for both rental and for-sale housing. That’s according to an Aug. 23 RentCafe study which found that Austin...

Tesla confirmed its emerging electricity retail business by posting a job opening for a “Product Operations Manager, Retail Electricity” on Aug. 18. The state of Texas last November approved a license for Tesla Energy Ventures, a registered entity led by Tesla CEO...

July was an even more sluggish month for the U.S. housing market as sales of previously owned homes slipped by 6% from June and a whopping 20.2% year over year. Home prices are still high, though, with the median existing home sales price up 10.8% from a year earlier...

Apple Inc. already appears to be getting ready to build the next phase of its Northwest Austin campus, a welcome sign for those wondering about the status of major office projects in the region in the wake of the Covid-19 pandemic. The technology company is not...

The largest industrial gas supplier in the world could save more than $11 million on property taxes if it's granted incentives for a possible facility in Taylor. That was among among the details found in Linde Inc.'s application for Chapter 313 incentives, which were...

Austin's market for newly built homes is — no surprise — the priciest in Texas. New data from HomesUSA.com shows that in June, the average price of a newly built home in the Austin metro was $541,079. Meanwhile, Dallas-Fort Worth's new-construction price surged past...

As South Korea-based Samsung Electronics Co. Ltd. builds its next-generation semiconductor plant in Central Texas, and considers an even larger investment, there is no doubt that Austin will see more travelers from Asia in the years to come. Airlines including British...

Plans for the next big phase of development at The Domain are taking shape. It could result in even more high-rises towering over busy shops and eateries. In our latest Crane Watch update, we noted that Atlanta-based Cousins Properties Inc. wants to add yet another...

Manor City Council has agreed to rezone nearly 63 acres east of the city, clearing the way for the creation of a new neighborhood with some commercial space. Council unanimously voted July 20 to zone the land for townhome and medium commercial use. Developer Mill...

Alongside the release of second-quarter results Thursday, Blackstone’s senior management outlined how the company plans to pull off what would be a nifty feat: Profit from the growing turmoil besetting financial and real estate markets while making sure its existing...

Tesla Inc. has signaled it wants to build more near its huge factory in eastern Travis County. The Elon Musk-led electric vehicle company on July 1 filed a site plan application for "industrial use facilities with associated improvements" on 68 acres next to the...

It’s no secret that Austin home prices are skyrocketing. But that begs the question: are homes in Central Texas overvalued? A recent study by researchers at Florida Atlantic University turned a lot of heads when it ranked Austin No. 2 in the country, in terms of how...

Over the last couple years, companies locating in the Austin-area are finding friendly homes in the outskirts of the five-county metro. New research is showing that those decisions are shifting much of the area's economy to the north. The Texas Real Estate Research...

The remote work boom is partly to blame for the pandemic-era explosion in housing prices, according to a new study. Remote work accounted for about a bit more than half of the 23.8% growth nationwide of housing prices since late 2019 — at about 15.1%, according to a...

Construction work is underway on one of the Austin area's largest projects: Samsung Electronic Co. Ltd.'s $17 billion next-generation chipmaking facility in Taylor. Drone photos taken by the Austin Business Journal in late June show initial site work being done at the...

Construction starts have remained robust this year but certain sectors could begin to see a slowdown in the coming months. Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to data released late last week by...

Since the onset of the pandemic housing boom, investors have flooded the U.S. housing market. There are small players like mom-and-pop landlords and Airbnb hosts who are adding to their property portfolios. Home flippers returned with vengeance. There’s also the Wall...

A new mixed-use development planned for eastern Travis County could be anchored by an H-E-B. Developers have secured a handful of approvals, including an incentives agreement, to aid with the creation of the 95-acre hub for living and shopping in Manor....

Samsung Electronics Co. Ltd. has tapped a general contractor for its $17 billion next-generation chipmaking plant in Taylor, northeast of Austin. Mississippi-based W. G. Yates & Sons Construction Co., also known as Yates Construction, recently announced that it's...

Apple Inc. is preparing for the next phase of development at its new campus off West Parmer Lane. Executives have their eyes on roughly 53 acres of ranch land they'd like to transform. They're asking Austin City Hall to annex the property so it can be rezoned for a...

According to the Austin Board of REALTORS® May 2022 Central Texas Housing Market Report, active listings experienced triple-digit percentage growth year over year and inventory rose to over one month of inventory for the first time in seven months. The data indicates...

The U.S. student-housing sector has been on a roller-coaster ride through the pandemic. As some students moved off campus at the pandemic's onset, owners of student-housing properties questioned whether occupancy — and rent collections — would fall off a cliff. Deal...

More details have emerged about a global semiconductor company's proposed plans to bring at least 500 jobs and a $2 billion investment to an emerging semiconductor hub northwest of Austin. Applied Materials Inc. – the Silicon Valley-based company that is already a...

Rising home prices have made Austin one of the most equity-rich markets in the nation, according to a recent report. Of the 107 U.S. metros with populations greater than 500,000, Austin ranked No. 2 for equity-rich properties, according to Attom Data Solution's...

More built-to-rent homes are coming to the Austin area, which already has one of the highest concentrations of such properties in the nation. NexMetro Communities LLC aims to construct communities of luxury leased single-family homes north of Austin in Liberty Hill...

Anew report demonstrates that downtown Austin isn’t just for workers, tourists, partiers, and diners anymore. The population of downtown Austin has surged from 4,222 in 1990 and 7,635 in 2010 to 13,648 in 2020, according to the report, released by the Downtown Austin...

Suburbs across Texas are continuing to expand, some explosively, often at the expense of some of the state’s largest cities. The U.S. Census Bureau just released its annual population estimates for cities across the country. Between July 1, 2020, and July 1, 2021,...

Starting later this month, developers in Austin will be charged a one-time street impact fee that will fund transportation infrastructure initiatives, bringing to fruition a long-term City Hall plan. Collections begin June 22 and will support transportation-related...

1305 SF for Lease at Riata Center   Situated in the Riata Center, this For-Lease location has several highlights. This property was built in 2003, with a lot size of 2.48 acres. With stable and lucrative expectations for yearly cash-on-cash returns and leverage...

1000 - 5000 sq. ft. Leasing Space in Popular Shopping Center   In the midst of a popular shopping center in Northwest Austin lies rentable spaces of 1000 and 5000 sq. ft. Widely acclaimed for its food and beverage scene, this shopping center receives mass amounts...

1488 SF Retail Location For Lease On “The Drag”   On the North end of “The Drag” lies a modest commercial real estate space. A quaint, yet powerful location for small businesses to be. For retail owners, the obvious highlights center around the extraordinarily...

The Austin Housing Conservancy, a real estate investment fund aimed at keeping the city affordable for middle class workers, is busy drumming up support from prospective investors as it aims to expand. The effort, steered by some of the biggest names in town including...

The Austin new-home market is booming, according to a new ranking from real estate platform Point2. Austin is tied with San Antonio for third place on the list of the major U.S. cities with the most new homes for sale that were built in or after 2012. The ranking is...

After acknowledging that it has excess capacity in its nationwide distribution and transportation network, Seattle-based e-commerce giant Amazon.com Inc. is at least temporarily abandoning plans for a large warehouse in Round Rock. Amazon — which earlier this month...

ZIP Code Analysis According to Observed Growth Rate The Austin housing market is doing better than ever despite a declining nationwide economy. Home prices continue to set records, and the local economy is flourishing. People are looking for homes and properties...

Six months after announcing what was then billed as the largest direct foreign investment in Texas history, Samsung Electronics Co. Ltd. is laying the groundwork for more potential expansion in the Austin area. The South Korean tech giant — which last year pledged to...

NXP Semiconductors NV has taken a step forward with its plan to significantly expanding manufacturing in Austin with the help of tax breaks. Austin Independent School District’s trustees voted May 19 to accept NXP's application for Chapter 313 incentives, which could...

It really pays to be an Airbnb host in the Hill Country hot spot of Fredericksburg. Data released by Airbnb shows that among rural counties in Texas, Airbnb hosts in Gillespie County — anchored by Fredericksburg — hauled in $40 million last year. That, by far, was the...

Two Austin neighborhoods have had a more than 100% increase in average one-bedroom rent prices in the past year, according to new data released by rent.com. The report found south Austin’s Travis Heights neighborhood took the crown for the largest annual spike in...

NXP Semiconductors NV may significantly expand its manufacturing operations in Austin as companies rush to boost chipmaking capacity in the United States. The Netherlands-based semiconductor producer is considering adding to either of the two large campuses it already...

he second True Texas BBQ restaurant in the Austin area will be at the new H-E-B grocery store under construction in Georgetown. The 121,000-square-foot store, at 1010 W. University Ave. in the Wolf Lakes Village neighborhood, is set to open in the spring of 2023. It...

A Lake Travis estate fit for Elon Musk (or any other well-to-do folks, for that matter) can now be yours for $45 million. Aside from its notable size and location, the property comes with big-as-Texas bragging rights: It’s currently the priciest home on the market in...

Two booming Austin suburbs are among the most livable small cities in America in 2022, according to personal finance website SmartAsset. This year’s SmartAsset study lists both Cedar Park (No. 44) and Georgetown (No. 63) among the best small cities (those with...

What goes up must come down, right? Well, Newton’s law of gravity has been pressure-tested in recent years as homebuyers have anxiously watched home prices shoot up and up, to record heights in the wake of the COVID-19 pandemic. Double-digit monthly price growth in...

When Silicon Valley-based Meta Platforms Inc. — parent company of Facebook — opted to eat up the entire commercial half of a future 66-story downtown Austin high-rise, the reasoning was simple: Location, location, location. Despite the company's plans for expanded...

Due in part to its cowboy heritage, Texas boasts lots of wide open spaces. So much so, in fact, that the Lone Star State led all of the states in land sales last year. According to a new report from the National Association of Realtors and the Realtors Land Institute,...

A Dallas-based developer has closed on more than 3,000 acres in Caldwell County, with plans to construct an eclectic mixed-use neighborhood that will bring thousands of homes to the region. RREAF Communities, a division of RREAF Holdings LLC, will develop the...

Hermès International SA, a French luxury fashion designer and retailer that has had its Birkin handbags put up as an investment that rivaled gold and the S&P 500, is opening a brick-and-mortar shop on Austin's hip South Congress Avenue. The 7,600-square-foot store at...

A Central Texas rancher is offering Elon Musk free land outside Austin to relocate Twitter's headquarters. Jim Schwertner is president and CEO of Schwertner Farms Inc., which runs Capitol Land & Livestock east of Jarrell. As our partners at KXAN News point out in...

According to an update in Electrical Wholesaling, a sister publication to EC&M, CEO of Google (a wholly owned subsidiary of Alphabet) Sundar Pichai offered what has become an annual update on the company’s recent construction plans and progress. In his April 13 post...

Technology workers continue to flock to companies far away from Silicon Valley as fallout from the Covid-19 pandemic reshapes workplaces, labor markets and the economy, employers and industry analysts say. Net tech employment in both Texas and Florida last year grew...

Data released by real estate brokerage company Redfin in February reported the Austin metro saw the second highest year-over-year rent increase nationally, trailing just behind Portland. Between January 2021 and January 2022, average rent prices in the Austin metro...

A Williamson County community has shot up in the rankings to become this year’s fastest-growing neighborhood in Central Texas. Santa Rita Ranch rose to the No. 1 spot from No. 4 in 2021, dethroning last year’s top neighborhood, Sonterra in Jarrell. The master-planned...

Here are updates on three residential real estate projects making progress across the region. Leander community adding homes Developers of the massive Bryson master-planned community in Leander are set to release more than 400 lots to builders this year, the first 90...

A global supplier to the semiconductor sector is formally eyeing expansion into an Austin suburb — and the capital investment could top $2 billion capital while bringing more than 800 jobs to Hutto. The Hutto Independent School District board of trustees on March 31...

Another large industrial park is headed to Georgetown. Stonemont Financial Group LLC – an Atlanta-based private real estate firm that specializes in industrial development, acquisitions and net lease investments – announced March 24 it closed a land sale that clears...

Austin again was ranked high on a prestigious list, coming in second on the Milken Institute's 2022 Best-Performing Cities list. The city moved up a spot in the large city rankings after finishing in the No. 3 spot each of the previous three years. The index, which...

Depending on where you live and your salary, your house may've made more money than you in the red-hot housing market of 2021. That's according to a new study conducted by Seattle-based Zillow Group Inc. (NASDAQ: ZG), which found home values in 2021 grew more than the...

The idea of the new-to-town buyer with “California money” driving up home prices in Austin has embedded itself into the region's housing narrative. “I would say it’s a little more complicated than that,” said Realty Austin agent Elle Klein Garrison. She works with a...

According to the Austin Board of REALTORS® (ABoR) February Central Texas Housing Report, closed listings increased 11.3% year over year to 2,581 sales across the Austin-Round Rock MSA last month. Combined with a new record median price, which rose 27.9% year over year...

What promises to be the city’s new tallest residential or hotel high-rise is planned for a site next to the Austin Convention Center. The Conrad Austin hotel and Conrad Residences Austin condos will occupy a 65-story tower that will be built at 311 E. Second St., near...

Investors have a new opportunity to get involved in an emerging technology aimed at transforming home construction. Apis Cor, has developed 3D printing technology for the construction industry, which will cut the time and cost of building housing. “It can take about...

Developers Stratus Properties Inc. and Intracorp Texas have each moved a step closer to building a new tower in downtown Austin. Austin-based Stratus (Nasdaq: STRS) is planning a 400-foot residential tower near the Texas State Capitol, while Intracorp Texas wants to...

The housing market is off to a busy start in 2022, with new records being observed in pace of home-price growth and median listing price last month. That's setting the stage for a busy spring, considered the kickoff to the prime housing market season. But will it...

Another tower will sprout in downtown Austin later this year. Austin-based Cielo Property Group plans to break ground this summer on a 46-story, 750,000-square-foot office tower, called "Perennial," immediately east of Frost Bank Tower, according to an announcement....

Here are three residential real estate projects making progress as paltry housing supply and rising prices continue to be top of mind for local economic leaders. Demand drives development in new Georgetown neighborhood Austin-based Owen Holdings Inc., developer of the...

What Elon Musk and his tunneling company are up to in Bastrop County just east of Austin is beginning to come into focus. Since the Austin Business Journal first reported in July 2021 that an entity tied to The Boring Company had purchased 73 acres of land in the...

Elon Musk appears to be preparing to build across the Colorado River from Tesla Inc.'s Austin-area gigafactory. Construction is planned to begin in June for an $11 million, 220,000-square-foot warehouse on land owned by Horse Ranch LLC, an entity tied to...

The iconic DeLorean car is headed back to the future in an electric revival that will be centered in the Lone Star State. DeLorean Motors Reimagined LLC, under the name DeLorean Motor Co., announced Feb. 14 plans to establish its global headquarters in San Antonio,...

Austin’s housing inventory remained stuck at a persistently low level at the start of 2022, while home prices broke records for the month of January, according to new data from the Austin Board of Realtors. On par with last January, the Austin metro had only 0.4...

Investors continued to snap up homes at a record rate at the end of 2021, buying $49.9 billion in homes in the last three months of 2021 alone. In total, investors — which includes anyone from so-called mom-and-pop, part-time landlords to private equity giants — made...

There were 23,204 U.S. properties with foreclosure filings in January, which is up 29% from the month prior, 139% from the same time a year ago and the highest rate since the start of the Covid-19 pandemic. That's according to Attom Data Solutions LLC, an Irvine,...

The number of Austin home sales topping $10 million surged last year, according to a new report from real estate brokerage Compass Inc. Austin logged the biggest percentage jump nationwide in $10 million-plus sales, with 11 homes trading at that level last year, a...

New construction continues to sell at a premium to resale homes, but there's now a record share of new homes on the market relative to existing houses. Seattle-based Redfin Corp. (NASDQ: RDFN) found the share of newly built single-family homes on the market hit a new...

Nashville-based Southern Land Company LLC has bought its first Hays Country property, with plans to build a luxury community in housing-hungry Dripping Springs. The roughly 70-acre community will comprise 28 homes, according to company officials. Each house will sit...

The build-to-rent market in Central Texas has hit its stride. Developers are making massive bets on the single-family rental market, often devoting entire communities to the business model. The investment seems sound, as data shows a notable hunger for these rental...

The massive plot of land in Taylor that is set to become Samsung Electronics Co. Ltd.'s $17 billion chipmaking plant is now officially inside city limits, potentially adding more than $50 million to the city's general fund over the next three decades. During a pair of...

It's been more than three years since Apple Inc. announced plans to build a $1 billion office campus in Northwest Austin, and the first phase of the massive project appears nearly complete. Apple (Nasdaq: AAPL) executives have long predicted that the campus would open...

Central Texas’ first, good taste of wintry weather since last February’s rounds of winter storms is in the forecast later this week. We want to make sure you are aware of what to expect as well as how to prepare for this particular event. First and foremost, we are...

Would-be homebuyers aren’t the only ones struggling to find an affordable place to live in the Austin area — new data shows rents skyrocketed in 2021, moving the goalpost for affordable housing even further out of reach for some. According to ApartmentData.com, rents...

According to the December 2021 and Year-End Central Texas Housing Market Report, more homes were sold in the Austin-Round Rock MSA in 2021 than ever before, with residential home sales rising 2.5% year over year to 41,316 homes sold last year. In addition to an annual...

The housing market is hot, and rents are rising at a clip that some describe as unprecedented. It may be putting homebuyers and renters in a bind: Is it more affordable to buy or rent in their markets? Attom Data Solutions LLC, a property-data provider based in...

If you have dipped fries in a Hopdoddy Burger Bar specialty sauce or indulged in salsa from Julio’s Seasoning & Corn Chips Inc., then you have tasted the wares of ATX Specialty Foods LLC. The South Austin contract manufacturer of dips, sauces, dressings and marinades...

Companies from all over are attracted to Austin's vibrant startup scene, and North Texas is no exception. A recent NTX Inno roundup of North Texas startups to watch in 2022 included a handful of startups making headway in the Austin market. Colossal This company made...

It's been a busy year at Austin-Bergstrom International Airport. A record 35 new nonstop routes launched from ABIA in 2021, airport spokesperson Bailey Grimmett said. Service launched this year to tropical destinations such as Honolulu, Hawaii; Nassau, Bahamas; Puerto...

The four major "food groups" of commercial real estate — office, multifamily, industrial and retail — occupy most of the headlines around investment and development. Another one, life sciences, is becoming a mainstream real estate class of its own, given its dominance...

The latest federal population data offers some déjà vu for Texas and California. Texas added the most residents of any state by raw numbers in 2021 while California's population continued to dwindle for the second year in a row, according to U.S. Census Bureau...

Amazon.com Inc. is growing in Austin's second downtown. The company announced Dec. 21 plans to create 2,000 new jobs as part of an expanded hub at The Domain. To accommodate the new employees, Amazon has leased all 330,000 square feet of Domain 9, which is being...

Dear All, 2021 was anything but normal. We all had to face global pandemic challenges, both in our professional and personal lives.  During the times of these great uncertainties, our Real International team remains committed to taking care of each other and leading...

The apartment sector has been on a roller coaster since the onset of the Covid-19 pandemic. Some markets in 2020 saw meaningful drops in rents, occupancy and other metrics, but even in markets that remained stable, landlords had to work with tenants who lost income...

Any day now, Tesla Inc. will start production at its Austin-area electric vehicle factory. It will be a major milestone for the company, with analysts calling it critical to meeting the ambitious goals of CEO Elon Musk. The factory could also have a much larger...

A video game and technology company that was founded in the Dallas-Fort Worth metroplex is moving its headquarters to Round Rock. KingsIsle Entertainment Inc., which was headquartered in Plano but also operated a software development studio in Round Rock, on Dec. 16...

Williamson County has ranked as one of the fastest-growing U.S. counties for decades, yet somehow the area seems to just now be hitting such a stride, economically, thanks to a flood of billion-dollar developments — some tied to the biggest brand names on Earth. Here...

In October, 3,250 homes were sold in the Austin area, according to the Austin Board of Realtors. But how many went to first-time buyers, and how many were second, third or fourth homes? If recent years are any indication, about one in 10 homes is being snapped up for...

A 117-acre mixed-use development that includes a hotel, conference center and hundreds of thousands of square feet of retail space is one step closer to Cedar Park, with some city officials calling it a "once-in-a-generation" project. CPM Development LLC, which is...

One of the biggest redevelopment projects in Austin’s history will start rising soon. Philadelphia-based Brandywine Realty Trust executives said their ambitious 66-acre, $3 billion master-planned and transit-oriented community just east of The Domain is officially...

As a testament to Central Texas' continued economic boom, the metro has seen more jobs announced from company relocations and expansions this year than ever before — and local leaders expect more to come in the final weeks of 2021. Through November, companies of...

Volcon Inc., the fast-growing all-electric power sports company that went public in October, is targeting an early 2023 opening for a 70-acre headquarters campus in Liberty Hill as it aims to meet market demand. CEO Jordan Davis said Volcon (Nasdaq: VLCN), currently...

Another industrial development is planned for Georgetown, as Dallas-based Green Point Property Co. announced plans to build GTX Logistics Park in the suburb north of Austin. The 231-acre industrial park will be built in multiple phases and could have 3 million square...

A California-based volume homebuilder has scooped up the lion’s share of lots in Kyle’s Anthem Texas master-planned community, with plans to bring more than 900 single family homes to the community. It marks the arrival of Landsea Homes Corp.(Nasdaq: LSEA) in the...

(Article is from Austin Business Journal, copyright belongs to owner) Just a few months after announcing plans to relocate, Elon Musk's electric car manufacturer Tesla Inc. has moved its headquarters from Palo Alto, California, to Austin. Tesla made the relocation...

An Austin-based developer has revealed plans to build a large mixed-use project on Springdale Road in East Austin, where commercial deals and residential projects have been proliferating. StoryBuilt, a developer of urban commercial and residential projects, plans to...

More questions are being raised about Violet Crown, a mixed-use development proposed just west of Austin that would combine a 20,000-seat music venue with hundreds of apartments. Austin Business Journal first reported on plans for Violet Crown in October, and has...

Seating, dining, live music or even art installations could come to downtown Austin’s Sixth Street Entertainment District, as part of a pilot program referenced in city planning documents obtained by KXAN News. It’s part of the “Safer 6th Street Initiative,” an Austin...

Samsung Electronics Co. Ltd. has officially pledged to invest at least $17 billion into a chipmaking plant in Taylor, a small city northeast of Austin, which will send shockwaves through the regional economy for decades to come. Samsung promises to create at least...

The 41-floor downtown Austin condo tower project at  84 East Avenue has completed the demolition of existing buildings at its 0.4-acre site and officially entered the construction phase.  The project is currently scheduled for delivery in 2024. The luxury condo...

Southern California-based Chem-Energy Corp., whose specialties include petroleum products, unveiled plans November 10 to invest more than $1 billion to build a solar power storage plant and a battery power storage plant in Caldwell County. The solar power plant will...

Zillow, the digital real estate company, said on Tuesday that it’s exiting Offers, its business that buys and flips homes, and eliminating 25% of its workforce. The announcement was attached to Zillow’s third-quarter earnings report. The company’s revenue and earnings...

Construction will begin early next year on a new development in the Austin area featuring 100 homes built by 3D printers. The home-building company Lennar announced Tuesday that it will work with Austin-based ICON to use its technology to build the largest...

A development company is planning a massive amphitheater at the center of an entertainment and residential project near Bee Cave. According to a report from the Austin Business Journal (ABJ), International Development Management Co. (IDM) aims to open the first pieces...

(Article is from Austin Business Journal, copyright belongs to owner) Companies relocating to or expanding in the Austin metro pledged to create more than 20,000 jobs during the first nine months of 2021, nearly equaling the record number of jobs pledged last year....

(Article is from Austin Business Journal, copyright belongs to owner) The Austin-San Antonio corridor's population surge in recent years is among the most notable growth stories in the country, though experts warn there are growing pains to consider. The corridor...

(Article is from Austin Business Journal, copyright belongs to owner)  Southwest Airlines Co., the largest carrier at Austin-Bergstrom International Airport, continues to double down on its investments in the Texas capital. The Dallas-based airline plans to add nine...

(Article is from Austin Business Journal, copyright belongs to owner) In the early evening Sept. 8, Taylor City Council and the Williamson County Commissioners Court approved incentives agreements for the project, which largely consist of property tax abatements over...

Real International is pleased to announce that we have successfully brokered a 40-acre land acquisition located in Leander on behalf of our client, a well-known knife maker, Cangshan Cutlery. Cangshan Cutlery was founded by Henry Liu and currently staffs more than 800...

(Article is from Austin Business Journal, copyright belongs to owner) Electric vehicle and battery energy storage company Tesla Inc. is seeking a new foothold in the power space: providing retail electricity to Texans. A newly minted subsidiary dubbed Tesla Energy...

(Article is from Austin Business Journal, copyright belongs to owner) Austin isn’t the only metro in the Lone Star State in the middle of a housing frenzy. In fact, prices are going up across the entire state, with the four largest metro areas seeing at least 15%...

(Article is from KVUE, copyright belongs to owner) The Mueller development is continuing to feel the effects of boomtown Austin. Thursday, a groundbreaking ceremony was held for a condo project coming to the Mueller neighborhood. This comes after Austin-based...

(Article is from Austin Business Journal, copyright belongs to owner) An effort to pave the way for future development in the Dog's Head area of far East Austin has become law. House Bill 4650 — which creates the East Central Travis County Conservation and Reclamation...

The greater Austin area posted record-breaking gains in May, as the median home price reached an all-time high—for any month on record—of $465,000, while both home sales and sales dollar volume skyrocketed. “Austin’s housing market has become one of the most...

The Drop-In Summer Concert Series ACL Radio & The Long Center have teamed up to bring you a free weekly concert series on the Long Center lawn all summer long. The lineup will feature a diverse lineup of Austin’s favorite and emerging artists in the heart of...

The Austin-Round Rock, TX commercial real estate market is stronger compared to the overall U.S. market. The apartment market is experiencing slower rent growth than nationally. The office market is undergoing negative net absorption. The industrial sector is...

The booming Austin-area housing market continued to demonstrate strength in April, with soaring double-digit growth in both home sales volume and median price growth. The Austin Board of REALTORS® April 2021 Central Texas Housing Report is the first market report to...

AUSTIN HOUSE MEDIAN PRICE HITS THE HIGHEST AUSTIN, Texas – As Austin experiences growing pains associated with a city transitioning into a large metropolitan area, the Austin-Round Rock MSA continues to set housing records. According to the Austin Board of REALTORS®’...

(Article is from Austin Business Journal, copyright belongs to owner) Elon Musk could be planning another facility across the toll road from the Tesla Inc. gigafactory rising in eastern Travis County. But instead of making more room for his electric car company,...

Tesla Inc. CEO Elon Musk has revealed that the company will need more than 10,000 people in the Austin area over the next year or so. The electric car maker had originally estimated it would create over 5,000 jobs at its rising factory in Travis County, but Musk made...

Central Texas has always lured small and mid-size companies seeking lower costs of living than the coasts, alongside a stout talent pool that can support a wide variety of industries. Yet, as the December announcement that Oracle Corp. had shifted its HQ to Austin...

HOUSING MARKET OPERATING ON RECORD-LOW INVENTORY Following the devastating Texas winter storms that thwarted housing market activity for nearly two weeks, Austin-Round Rock MSA home sales dipped for the first time since June 2020. According to the latest Central Texas...

(Author - Mike Cronin) No longer just a promise, 3D-printed homes by Austin-headquartered Icon Technology Inc. are now on sale in the Texas capital. Kansas City-headquartered housing developer 3 Strands Neighborhoods, which does business as 3Strands, announced March 4...

(Author - Kathryn Hardison) American Airlines Group Inc. announced on March 11 it is adding 10 nonstop routes at Austin-Bergstrom International Airport beginning this summer. The new flights signal airline executives' confidence that air travel could soon return to...