Market Updates

Introducing Michael Wei, Ph.D., Realtor: Elevating Real Estate Excellence at Real International
Introducing Michael Wei, Ph.D., Realtor: Elevating Real Estate Excellence at Real International We are thrilled to announce a new addition to our company! As we continue to thrive in the world of real estate investment, our team keeps growing stronger, and our...

The Harvest Portfolio Celebration: Bring Your Pet to Work Day – Part 2!
The Harvest Portfolio Celebration: Bring Your Pet to Work Day - Part 2! Calling pet lovers and achievement enthusiasts! Can you believe it's been a year since our last Bring Your Pet to Work Day? We're back with a howling good time, and this round, it's all about...

Austin’s July Housing Market Trends: CPI, Soft-Landing , and Supply/Demand Stabilization
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...

Say Hello to High-Yield Stability: Real International Fixed Income Investment with Returns Reaching 10% Annually!
Say Hello to High-Yield Stability: Real International Fixed Income Investment with Returns Reaching 10% Annually! Real International is thrilled to present an exceptional investment opportunity that bids farewell to traditional low-yield options like T-bills and CDs....

Defer Short and Long-Term Capital Gains Tax with Opportunity Zones
Defer Short and Long-Term Capital Gains Tax with Opportunity Zones Below are the Short and Long term Capital Gains Tax Brackets for 2023: Investors in the United States face a significant financial burden due to the capital gains tax liability incurred upon realizing...

Positive Economic Indicators Reflected in June Housing Market Data
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...

High Cap Rate Investment Opportunity: South Austin Emergency Center for Sale with NNN Lease until 2033
High Cap Rate Investment Opportunity: South Austin Emergency Center for Sale with NNN Lease until 2033 Insane Cap Rate of 6.3% in a Stable Commercial Real Estate Investment A commercial property in South Austin is now available for sale, offering an annual...

Texas Leaders Announce Historic $18 Billion Property Tax Relief Deal
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...

Duplex Acquisition Complete for Harvest Phase II Investment Portfolio
Duplex Acquisition Complete for Harvest Phase II Investment Portfolio Exciting news for all investors! Real International proudly announces the successful purchase of 50 new-build duplexes from DR Horton. 60% of these new-builds will go to individual buyers, while the...

Kauffman Closed: Congratulations Investors!
We are thrilled to announce that Real International has successfully closed the deal for the Kauffman land tract in late June. It is with great pleasure that we share the news that we have successfully sold the property to Building Hope Predevelopment LLC. We would...

Real International: Your Trusted Guide to Finding Your Dream Home in Austin’s Thriving Real Estate Market
Searching for a home in Austin? Look no further than Real International, your trusted guide! With Austin's rapid development, many young individuals who have recently relocated or are planning to move here have joined the wave of real estate buyers. As newcomers to...

Exclusive Top Floor Unit Available at Parkside at Mueller – Your Gateway to Urban Living!
Exclusive Top Floor Unit Available at Parkside at Mueller - Your Gateway to Urban Living! We are delighted to present the latest updates on our flagship project, Parkside at Mueller. This unique opportunity, brought to you by Real International, has garnered an...

An Unprecedented Opportunity: Shape the Future of Austin
An Unprecedented Opportunity: Shape the Future of Austin Here’s an opportunity you won’t ever see again. Earlier this year, Elon Musk's team unveiled an ambitious plan to create a "Utopian town" in East Austin, and now you have a chance to be a part of...

Austin Real Estate Investment Update Q2 2023
Austin Real Estate Investment Update Q2 2023 This Austin Investment Update provides valuable insights into the current trends and opportunities in the real estate market in Austin. Staying well-informed about the latest city developments is crucial for making...

Real International Agent Update: June 2023
Real International Agent Update: June 2023 Introducing new listings in Austin's real estate market! These featured deals are expected to move quickly, attracting both homebuyers and investors. Explore below for intriguing opportunities in Austin's dynamic market....

The Harvest Portfolio: A Sneak Peak (Pt. 1: Introduction and Purpose)
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
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
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...

Dutch Bros Coffee Secures Long-Term Lease for New Build-to-Suit Location in Round Rock, Texas
Dutch Bros Coffee Secures Long-Term Lease for New Build-to-Suit Location in Round Rock, Texas Dutch Bros Coffee (NYSE: BROS) continues its impressive expansion with the signing of a brand new build-to-suit lease agreement for a prime location in Round Rock, Texas....

Austin’s Industrial Real Estate Market Flourishes Amidst Strong Demand and Rapid Growth
Austin's Industrial Real Estate Market Flourishes Amidst Strong Demand and Rapid Growth CBRE recently released its first-quarter industrial real estate market report for Austin, offering a detailed analysis for investors seeking opportunities in the thriving...

Housing Market Insights: Austin Metro Area’s April in Review
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...

Rare Austin Prime Office + Warehouse Property with 6.25% Cap Rate Available Now!
Rare Austin Prime Office + Warehouse Property with 6.25% Cap Rate Available Now! Exciting opportunity alert! A rare combination of prime office and warehouse space in Austin is now available for purchase. The property features industrial-grade high-ceiling doors, air...

Approval Granted for 159-Acre Data Center Development in Hutto, Texas
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...

Prime North Austin Commercial Real Estate Investment Opportunity with 10-Year Starbucks Lease and 8% Annual Rent Appreciation for the next Years.
Prime North Austin Commercial Real Estate Investment Opportunity with 10-Year Starbucks Lease and 8% Annual Rent Appreciation for the next 5 Years. An exceptional, high-potential commercial real estate investment opportunity has emerged in North Austin, featuring a...

Understanding the Recent U.S. Mortgage Fee Adjustment: Debunking Rumors and Misconceptions.
Understanding the Recent U.S. Mortgage Fee Adjustment: Debunking Rumors and Misconceptions. Recently, there has been a lot of buzz about the adjustment of mortgage fees in the US, with some media outlets reporting that the new rules are punishing people with high...

Austin Real Estate Market Shows Signs of Rebounding with Increase in Home Sales and Inventory
Austin Real Estate Market Shows Signs of Rebounding with Increase in Home Sales and Inventory The Austin real estate market, which has been dormant for several months, is beginning to rebound! The latest real estate data shows that in March, there were a total of...

Real International Offers Unbeatable Institutional Package on Small Duplexes in New Community!
Real International Offers Unbeatable Institutional Package on Small Duplexes in New Community! Real International has exciting news to share with our valued clients - we have just acquired the latest discount on small duplexes in an all new community! The purchase...

Tesla’s Austin Giga Factory: A Game Changer for Local Real Estate Investors
Tesla's Austin Giga Factory: A Game Changer for Local Real Estate Investors Tesla's Austin Giga factory has been headlining ever since it opened its doors, and for good reason. Latest news is that Elon Musk's Tesla is on the verge of catching up to Dell as the king of...

U.S. Real Estate Market: Austin Leads the Way in Home Price Growth
U.S. Real Estate Market: Austin Leads the Way in Home Price Growth Home prices in most U.S. cities have generally increased over the past few decades. However, some cities stand out from the rest, particularly Austin, Texas. A recent SmartAsset study analyzed...

Discriminatory Bill SB147: The Latest Update
Recently, there has been a lot of discussion about the SB147 proposal on the internet. Many unofficial media outlets are spreading false news to attract more traffic, making it even more challenging for various Chinese organizations (Such as our branch office, Texas...

Q&A: Institutional Builder Deals
This Q&A is brought to you from a real interview with Real International’s Founder and CEO, Lynn Yuan. Q: The most puzzling question is: how are Austin housing prices compared to other markets in the country? Have they fallen so much that they are back to normal? ...

Prime Commercial Space for Lease: Lighthouse Market at Lakeway
Prime Commercial Space for Lease: Lighthouse Market at Lakeway Looking for a commercial space to start or expand your salon business? Look no further than the Lighthouse Market at Lakeway. This 1200 square feet commercial space is perfect for a salon and is located in...

Real International Delivers Again: Final Units of Exclusive Off-Market Single-Family Home Portfolio Sell Out in Record Time!
Real International Delivers Again: Final Units of Exclusive Off-Market Single-Family Home Portfolio Sell Out in Record Time! We are thrilled to announce that the final five units of our recently launched single-family home (SFH) portfolio in Hutto sold out in...

Williamson County 2023 Property Valuation Update
Williamson County 2023 Property Valuation Update The Williamson County Appraisal District has updated its 2023 property valuations, and some homeowners have reported a reduction in the valuations of their primary and investment homes! If you're a homeowner in...

Tax Day is Approaching: Have Your Taxes Been Filed?
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.

Texas Senate Approves Property Tax Cuts Benefiting Homeowners and Businesses
Texas Senate Approves Property Tax Cuts Benefiting Homeowners and Businesses The Texas Senate has approved a $16.5 billion property tax relief package, providing significant benefits to homeowners and businesses in the state. The package consists of three...

Groundbreaking Ceremony for the Montage
Groundbreaking Ceremony for the Montage We are excited to share that the groundbreaking ceremony for Montage Apartments, the buy-to-rent project in which Real International invested at the end of last year, took place last Thursday morning! As a long-term...

Successful Exit of Our Enclave at Crystal Falls and Heritage Grove Projects
Successful Exit of Our Enclave at Crystal Falls and Heritage Grove Projects Enclave at Crystal Falls We are pleased to announce that the Enclave at Crystal Falls project has been successfully sold, and we are currently in the process of fully distributing funds...

Brand New Duplex Villa Opportunity in North Austin
This opportunity includes 26 brand-new duplex villas, with a single-family area of 1700 – 2000sqft, all of which are 3 bedrooms and 2.5 bathrooms. The cash return rate is very impressive, and Real International’s exclusive price is between $330,000 – $340,000, with $2,200 projected rent per unit, or $4,400 in total (similar houses on sale in the same block start at $420,000 for a single-family).

About the City of Georgetown, TX
About the City of Georgetown, TX Georgetown is a thriving city located just 26 kilometers north of Austin and serving as the political center of Williamson County. Home to the government, courts, and administrative centers of the county, Georgetown is also one of the...

Citizens Speak Out Against Discriminatory SB147 Bill During Texas Senate Chamber Hearing
Citizens Speak Out Against Discriminatory SB147 Bill During Texas Senate Chamber Hearing A Senate Chamber hearing for the measures SB147 and SB711 was held in Texas on Thursday, March 2. These proposals intended to restrict real estate investment from certain nations...

Top 5 Most Recession-Proof ZIP Codes in the Austin Metro Area
Top 5 Most Recession-Proof ZIP Codes in the Austin Metro Area Recession-proof housing refers to properties that tend to retain their value and remain in demand even during economic downturns. These are typically properties that serve basic needs, such as shelter and...

PwC’s Major Emerging Real Estate Trends for 2023
We prioritize our clients learning and fostering of knowledge within our community of real estate enthusiasts. Therefore, we’ve shortened and summarized PwC’s 100+ page emerging trends report in a much more readable version, catered to local investors and learners rather than institutions.

Here’s why it may take a while for housing inflation to cool off
Here’s why it may take a while for housing inflation to cool off There are signs inflation may fall further in the coming months, but housing threatens to mute any improvement. The consumer price index, a key barometer of inflation, rose 7.7% in October from a year...

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

Tens of millions of dollars of new homes rising in small neighborhood
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...

The Enclave at Crystal Falls | Zoning Approval
The Enclave at Crystal Falls | Zoning Approval The Rezoning for Real International's Enclave at Crystal Falls was just approved! This project includes four parcels totaling ~19.5 acres of land. The zoning comprises 7.81 acres of residential space, providing 78 units...

Austin-area Wealthiest ZIP Codes
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...

Apartment construction on fire in Austin area
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 seeks manager to sell electricity in Texas, perhaps elsewhere
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...

Why the housing market is in recession in terms of sales — but not prices
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 gearing up for next phase of construction at NW Austin campus, filings indicate
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...

World’s largest industrial gas supplier details proposed facility near new Samsung plant
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 real estate market tops Texas with highest price for new homes
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...

When might Austin get direct flights to Asia?
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...

Cousins may spark new wave of redevelopment in Austin’s Domain
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...

What could epic Samsung expansion mean for Central Texas? Opportunities savored, concerns raised
When Taylor Mayor Brandt Rydell found out that Samsung Electronics Co. Ltd. could expand even further in his city, beyond the $17 billion factory it had already pledged, he was speechless. Ever since the South Korean technology giant announced last year it would build...

300-plus townhomes cleared to rise in Manor
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...

The Market Is In Turmoil, But Blackstone’s New Fund Raised $1B Every 3 Days
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...

Update on The Enclave at Crystal Falls | Land Acquisition
The Enclave at Crystal Falls | Land Acquisition In late 2020, Real International acquired an initial 14.51 acres of land to build a townhome community in the Leander area. Our team had performed extensive due diligence on the land and concluded that it was the most...

Manorwood Project Successfully Exited
Manorwood Project | Ground-up We successfully exited our Manorwood project! This urban infill loan-type project consists of two properties Real International developed earlier this year. Our team liquidated this project’s last property this week and realized our...

Tesla plans more construction near gigafactory east of Austin
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...

Is Austin in a housing bubble? There’s no easy answer, but Realtors say legitimate demand underpins market
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...

Austin’s economy shows signs of shifting to the north
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...

Here’s how remote work affected the housing market
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...

Aerial view: Samsung starts work on 1,200-acre site in Taylor
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 continue to climb, but slowdown may be looming for specific sectors
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...

Investors—including Wall Street—helped to drive up home prices during the pandemic housing boom. Here’s the proof
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...

H-E-B may be headed to Manor, alongside other retailers and hundreds of apartments
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....

Here’s who is building $17B Samsung plant in Central Texas
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 lining up land to expand North Austin campus
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...

Top 5 Most Affordable ZIP Codes in the Austin Metro Area
A higher price-to-income ratio means that a household must divert more of their annual income from expenses like 401k’s and other investments to buy a home. Previously, Austin’s housing price-to-income ratio had been lower than the national average, but it has risen sharply to a median housing price-to-income ratio of 6.34 and an average of 7.89.

May 2022 Central Texas Housing Market Report Released: Active listings up 150% year-over-year, the market shows signs of calming down
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...

Why real estate investors continue to bet on student housing amid broader economic headwinds
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 revealed about proposed Applied Materials project in Hutto
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...

Austin near top of the heap for equity-rich metros
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...

New built-to-rent neighborhoods coming to Georgetown, Liberty Hill
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...

Downtown Austin’s population popped 79 percent from 2010 to 2020, report says
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...

New population estimates reveal fastest-growing cities in Texas
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,...

New street impact fees take effect June 22 in Austin — here’s how they work
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
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
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”
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...

Meeting ‘a dramatic need’: Investors aim to make Austin housing more affordable for thousands
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...

Austin booms among top real estate markets for new homes, report says
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 worst financial quarter in years, Amazon puts plans for large distribution center in Round Rock on hold
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
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...

Samsung may go even bigger in Austin area
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 moves forward with Chapter 313 incentives negotiations in Austin
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...

This Hill Country hot spot cashes in with $40 million in Airbnb income
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...

Which Austin neighborhood has had the largest rent increase?
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 considers Austin for more semiconductor manufacturing, up to 800 new jobs
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...

Massive H-E-B with 2-story BBQ joint breaks ground in booming Austin suburb
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...

$45 million Lake Travis mansion makes a splash as most expensive home for sale in Texas
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...

2 hot Austin suburbs rank among America’s most livable small cities
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...

Home Prices Have Begun Falling: Here Are the Cities Where They’re Down the Most
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...

Why Facebook parent Meta, other tech giants keep eating up downtown high-rise space
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...

Texas named top U.S. market for land sales with record-setting 2021
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,...

3,173 acres purchased for massive community in Caldwell County
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 eager to tackle affluent Austin market
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...

Whole Foods stores in Austin to get Amazon’s palm-paying tech
Whole Foods Market Inc. continues to roll out technology designed to speed up customer purchases. This time, the Austin region is one of the first in the country outfitted with tech that allows customers to pay with the palm of their hand. Amazon One is making its...

Austin-area rancher offer free land to Elon Musk to relocate Twitter’s headquarter
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...

Google to Invest $9.5 Billion in U.S. Data Centers and Offices in 2022
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...

Techies are moving to Austin, Texas Lead Nation in Tech Job Gains
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...

March 2022 Austin Housing Market Report. Median Price in Austin Has Surpassed $600,000
The Austin-Round Rock MSA experienced a decline in residential home sales, while a slight increase in housing inventory coincided with a new all-time record for median sales price. In March, residential home sales declined 5.9% year over year to 3,302 closed sales as...

Austin climbs to 2nd highest year-over-year rent increase nationally
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...

Santa Rita Ranch ranks as fastest-growing neighborhood in Central Texas
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...

New homes coming to Leander, Bouldin Creek, downtown Austin
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...

Applied Materials starts $2B program incentives process in Hutto, may bring hundreds of jobs
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 massive industrial park headed to this northern suburb
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 moves up a spot to No. 2 on prestigious best performing cities list
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...

Is It Possible to Find a Cheap Home in Austin?
In January 2016, the median home price in the Austin metro was just under $255,000, according to data from the Austin Board of Realtors. It’s nearly doubled since then, reaching $499,995 in February. Homes listed for less than $250,000 are extremely rare. In December,...

Did your house make more money than you did last year?
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...

Are out-of-state buyers really driving up Austin housing prices?
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...

New Central Texas Housing Market Report in February, Austin-Round Rock MSA Median Price Hits New Record Again
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...

New 65-story tower with luxury hotel and residences to rise in downtown Austin
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...

3D home construction company seeks investors as new home technology business expands
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...

2 more towers on track to rise downtown
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...

Could this spring’s housing market be the busiest yet?
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...

First look: Cielo to plant 46-story office tower, Perennial, in downtown Austin
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....

3 big neighborhoods rising in region
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...

Elon Musk’s Boring Company wants to build a warehouse in Bastrop just outside Austin
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...

More construction tied to Elon Musk planned south of Tesla’s Austin-area factory
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...

What DeLorean HQ in San Antonio could mean for Austin
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 housing inventory stuck at worryingly low level
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 gain market share at close of 2021, buying $50B worth of homes
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...

U.S. foreclosure activity at highest since pandemic in January
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,...

Sales of $10M-plus mansions up drastically in Austin
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 homes continue to sell at a premium but occupy growing share of what’s on the market
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...

Southern Land Plan 28 Luxury Homes in Hays Country
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...

Austin has one of biggest build-to-rent home markets
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...

2,500 New Single-family Homes Planned Near Austin Tesla GigaFacotry
A Houston-based real estate developer wants to bring thousands of homes near Tesla’s gigafactory, saying it believes Austin is “growing into the tech epi-center of Texas.” Dustin Davidson, Hines managing director, said they hope to bring 2,500 single family homes and...

Taylor-Hutto Tech Corridor is Emerging as Applied Materials is Considering a $2 Billion Project in East Austin
(The article is from Austin Business Journal, copyright belongs to owner. If we inadvertently infringe the copyright of intellectual property from any media, company, enterprise or individual, please contact us and the content will be deleted within the specified...

Taylor Has Annexed 1,200-plus Acres for Samsung Site
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...

New Apple campus in NW Austin has taken shape
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...

Four Tips for Protecting Your Home From Freezing Temperatures
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...

Rental side of housing market also scorching
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...

AUSTIN-ROUND ROCK MSA HOUSING MARKET SETS RECORDS IN 2021
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...

Buy-versus-rent gap narrowing as home-price escalation continues nationally
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...

ATX Specialty Foods moving to Kyle for expanded production space, HQ
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...

Austin’s Tallest Tower “Belongs to ” Meta For Now
(The article is from Austin Business Journal, copyright belongs to owner. If we inadvertently infringe the copyright of intellectual property from any media, company, enterprise or individual, please contact us and the content will be deleted within the specified...

Another Semiconductor Giant Scouts Austin for Future Expansion
((Article is from Austin Business Journal, copyright belongs to owner) One of the world's largest semiconductor companies is considering an investment in Central Texas as it moves forward with a $150 billion plan to expand its chipmaking capabilities, according to...

4 North Texas startups planning to make moves in Austin in 2022
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...

Austin airport saw record number of new flights in ’21 — here is what’s coming in ’22
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...

Self storage, data centers: What secondary asset classes will be popular with investors in 2022?
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...

Census estimates: Texas again leads US in population growth, California continues to slip
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 eats up another North Austin tower, pledges 2K more jobs
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...

A Letter From Real International CEO Lynn Yuan – Merry Christmas And Happy New Year!
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...

After ‘very unusual year,’ U.S. apartment market poised for continued growth in 2022
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...

Elon Musk teases huge job number at Austin-area Tesla factory as analysts brace for major production impact
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...

Video game HQ, 150 jobs headed to Round Rock
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...

18 huge developments reshaping Williamson County
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...

How many Austin homes are being bought by people who already have a house?
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...

‘Once in a generation’: Cedar Park touts massive mixed-use project anchored by Nebraska Furniture Mart
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...

Brandywine pushes ahead with $3B mixed-use redevelopment near Domain
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...

Austin metro breaks record for new jobs announced, more expected before year-end
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 CEO shares details of expansion, future HQ in Liberty Hill
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...

Dallas firm to develop 3M-square-foot industrial hub in Georgetown
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...

California builder buys majority of lots in Kyle community
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...

Tesla Officially Relocates to Austin! New Headquarter Address Releases
(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...

Ellie May to bring more office, housing to East Austin
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...

Pressure mounts for Violet Crown proposal in hills west of Austin
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...

Big changes may be on the way to Austin’s Sixth St
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...

‘Bringing a global society’ to Taylor: Reaction pours in to Samsung’s $17B decision
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...

Austin Becomes The World’s No. 1 City to Move To In Global Ranking
British personal finance platform money.co.uk ranks Austin the No. 1 city in the world for people hunting for a new place to live. Earlier this year, polling results released by the Boston Consulting Group and The Network, a recruiting alliance, placed London atop the...

Real International’s “Invest-and-Buy” Project – The Vesper Condo Tower (84 East) Officially Breaks Ground in Austin
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 Solar Energy Company Target to Invest A $1 Billion Solar Power Storage Plant In Central Texas
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 Exits iBuying Business and Cuts 25% of Workforce Due to Revenue and Earnings Missed Estimates
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...

ICON Announces to Build the Largest Neighborhood of 3D-printed homes In Austin
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...

The Remarkable Music Venue with Massive Amphitheater Will Be Developed in Southwest Austin
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...

Austin Area Reachs the Record for New Jobs added in 2021
(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....

Tesla Moves Headquarters From California to Texas
Tesla is moving its headquarters from Palo Alto, California, to Austin, Texas, CEO Elon Musk announced at the company’s shareholder meeting on Thursday. The meeting took place at Tesla’s vehicle assembly plant under construction outside of Austin on a property that...

Will Austin-San Antonio Become the Second Largest Metroplex in Texas?
(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...

Southwest Airlines Announces Largest Route Expansion From Austin
(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...

Taylor and Williamson County Approved Incentives for Samsung $17 Billion Plant Investment
(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 Brokered a Land Acquisition in Leander, TX for Renowned “Cangshan Cutlery” to Build Their First Domestic Manufacturing Factory
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...

Tesla Energy Plans to Sell Retail Electricity in Texas
(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...

July 2021 Central Texas Housing Market Report
Residential home sales decreased across the Austin-Round Rock Metropolitan Statistical Area (MSA) for the first time since May 2020, according to the Austin Board of REALTORS® July 2021 Central Texas Housing Report. Despite the dip, the five-county MSA was just 445...

Austin Has the highest Median Home Price And the Largest Home Price Increase all over the Texas
(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%...

15K-Plus Jobs Pledged Through June in Austin — Nearly Tripled Job Announcements From Last Year
(Article is from Austin Business Journal, copyright belongs to owner) 2020 was a record-setting year for jobs pledged from company relocations and expansions in the Austin metro — a metric the region is pacing to leave in the dust this year. More than 100 companies...

New Condominium – Parkside at Mueller Broke Ground in Austin Neighborhood
(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...

New 110-acre Mixed-use Project at Round Rock Could Brings Up to $300M Development
(Article is from Austin Business Journal, copyright belongs to owner) An Indiana mixed-used developer is poised to invest as much as $300 million into a 110-acre project located in an entertainment and tourism region near Dell Diamond in Round Rock. Milhaus, which is...

“Dog’s Head” District at Austin is about to be developed
(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...

2021 May Central Texas House Marketing Report
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...

Things You Can Do in This June
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...

Austin-Round Rock Commercial Real Estate Market Report – First-Quarter of 2021
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...

2021 APRIL CENTRAL TEXAS HOUSING MARKET REPORT
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...

2021 MARCH CENTRAL TEXAS HOUSING MARKET REPORT
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®’...

Elon Musk Erects the Shell of New Factory for SpaceX in Austin
(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,...

Elon Musk: Tesla will need over 10,000 people in Austin
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...

These Companies Have Moved Their Headquarters to the Austin Area in 2021
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...

2021 February Central Texas Housing Market Report
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...

Icon selling first 3D-printed homes to public in East Austin
(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...

American Airlines doubles down on Austin, announces 10 nonstop flights
(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...

Latest Statistics – January 2021 Austin-Round Rock MSA Real Estate Market
AUSTIN, Texas - Austin-Round Rock MSA home sales jumped 23.9% to 2,523 sales in January, according to the latest Central Texas Housing Market Report by the Austin Board of REALTORS® (ABoR). “The last week has shown us, once again, that our homes are more important...

Real International Help the Successful Leasing of Office Space for Goodix Technology Inc. in Austin
REAL International is excited to announce the successful leasing of office space for Goodix Technology Inc. in Austin. This is the 1st location in the Austin area for Goodix as they look to build their R&D capability in the US. REAL International Commercial...
Real International Acquires $2.55 Million Commercial Real Estate Property
Real International’s Successful Acquisition of $2.55 Million-Worth Commercial Real Estate Property on Behalf of its Client/Investor. In August 2020, Real International successfully acquired for our Client a commercial real estate property with a fair market value of...
Real International Acquires $5.66 Million Retail Center Near Apple’s New Campus
Thanks to our investors, in February 2020, Real International has acquired a $5.66 million dollar business center located near the site of Apple’s New Campus. In light of this, Real International has undertaken a deep analysis of Austin’s real estate market, to meet...