George Wang
Broker/ Realtor®
Texas Fortune Realty
P O Box 160371
Austin, TX 78716
Phone: (512)694-6060
WeChat: GeorgeWangAustin
Email: GeorgeWang3@gmail.com
TREC #605970
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AUSTIN, Texas – Aug. 17, 2017 – Single-family home sales volume held steady across the Austin-Round Rock Metropolitan Statistical Area (MSA) in July, while housing inventory levels posted strong gains, according to the July 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS®, commented: “In years past, the high demand of the summer selling season has further constrained inventory levels and further pushed up home prices. This year has been different, with steady gains in sales volume as well as listings and inventory throughout the summer. During a month when housing inventory should reach its lowest point of the year, housing inventory across the Central Texas region is at its highest point since fall 2012.”
In July 2017, single-family home sales volume in the Austin-Round Rock MSA increased 2.8 percent year-over-year to 2,892 home
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AUSTIN, Texas – April 20, 2017 – Single-family home sales declined across the Austin-Round Rock Metropolitan Statistical Area (MSA) and increased in the city of Austin in March, according to the March 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. Analyzing a growing disparity in market conditions among housing price classes, the report underscored the need for policies that create additional housing capacity to meet the market demand and a broader range of housing types throughout the region.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “Growing disparities in housing market conditions at all levels of pricing represent an urgent and immediate need to fill the ‘missing middle’ in the region’s housing stock. The City of Austin’s CodeNEXT Zoning Comparison released earlier this week has given us a more tangible view of that need and confirmed the Austin Board of
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AUSTIN, Texas – March 16, 2017 – The February 2017 Central Texas Housing Market Reportreleased today by the Austin Board of REALTORS® showed a slowdown in single-family home sales growth throughout the Austin-Round Rock Metropolitan Statistical Area (MSA) in February 2017, indicating that the Central Texas housing market is beginning to normalize to more stable market conditions.
Brandy Guthrie, 2017 President of the Austin Board of REALTORS® commented, “The Central Texas housing market is just now beginning to catch up to itself after years of unprecedented sales growth. It’s important to remember that current figures are being compared to very strong housing market activity in 2016, so a decline in home sales growth does not automatically mean that the market is softening.”
Mark Sprague, State Director of Information Capital for Independence Title, agreed: “Low inventory levels, high home prices and slowing job growth across the region are preventing a
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AUSTIN, Texas – Dec. 15, 2016 – Single-family home sales experienced double-digit growth across the Austin-Round Rock Metropolitan Statistical Area (MSA) in November, according to the November 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Aaron Farmer, 2016 President of the Austin Board of REALTORS® said, “This end-of-year surge in home sales is an unusual and welcome surprise to what’s typically the lowest months for Central Texas home sales volume during the year. Home sales throughout 2016 continue to be fueled by our region’s steady population growth. At the current pace, 2016 will likely turn out to be another record year for Central Texas home sales.”
Single-family home sales in the Austin-Round Rock MSA jumped 15.8 percent year-over-year to 2,055 home sales in November 2016, while home sales in the city of Austin jumped 13.7 percent annually to 656 home sales. This
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AUSTIN, Texas – Nov. 17, 2016 – Single-family home sales jumped within the city of Austin but declined across the Austin-Round Rock Metropolitan Statistical Area (MSA) in October, according to the October 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Aaron Farmer, 2016 President of the Austin Board of REALTORS® said, “Home sales typically slow down in the fall, so it’s encouraging to see a surge of sales within Austin’s city limits last month. Much of this growth is being driven by new home sales in the city, which are up nearly 38 percent year to date. Homes within Austin’s city limits continue to be in strong demand, despite having a significantly higher price point than housing stock in surrounding areas.”
After relatively flat growth throughout much of the year, single-family home sales in the city of Austin jumped 7.5 percent year-over-year to 703
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AUSTIN, Texas – Oct. 18, 2016 – Single-family home sales increased across the Austin-Round Rock Metropolitan Statistical Area (MSA), but declined throughout the City of Austin in September, according to the September 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Aaron Farmer, 2016 President of the Austin Board of REALTORS® said, “Housing is at the center of all economic development. Nowhere is this more evident than at the intersection of housing affordability and mobility. As more and more homebuyers look outside of Austin’s city limits to find an affordable home, our region’s infrastructure is increasingly strained and the overall costs of homeownership rise because of the increased cost to commute.”
In September, less than one in three homes sold in the Austin-Round Rock MSA and less than one in five homes sold in the Central Texas region were sold within Austin’s city limits.
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AUSTIN, Texas – Aug. 18, 2016 – Single-family home sales volume declined in the Central Texas area for the second time in 2016, according to the July 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. Across the Central Texas region, 4,230 single-family homes were sold in July 2016, a decrease of 3.1 percent compared to July 2015.
“When it comes to sales volume, we’ve grown very used to seeing year-over-year increases every single month, but it’s important to remember that 2015 had the strongest summer selling season in the region’s history,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS®. “The value of Central Texas real estate has continued to increase, which is good news for homeowners, but those rising prices could start to have a cooling effect on sales volume in the market amidst growing affordability challenges.”
The median price
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AUSTIN, Texas – Sept. 15, 2016 – The Central Texas summer selling season ended on a strong note in August 2016, with annual gains in both single-family home sales and prices, according to the August 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
Aaron Farmer, 2016 President of the Austin Board of REALTORS® said, “Austin, and now the Central Texas region at large, continues to be a magnet for jobs and new businesses across multiple industries. This continues to keep housing demand at an all-time high and inventory at near-record lows despite strong housing development and a greater number of listings on the market.”
Single-family home sales rose 5.3 percent year-over year to 2,985 home sales across the Austin-Round Rock Metropolitan Statistical Area (MSA) in August 2016, while median home price increased 9.4 percent year-over-year to $289,990. Housing stock across the five-county area
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AUSTIN, Texas – July 15, 2016 – Single-family home sales and prices experienced strong gains throughout the Central Texas region in the first half of 2016, according to the June & Mid-Year 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
“Despite the ongoing housing shortage and affordability challenges impacting our region, population growth and housing demand continue to drive home sales upward,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS®. “The Austin-Round Rock housing market is on track to outpace 2015 market levels, which was a record-breaking year for home sales.”
Austin-Round Rock Metropolitan Statistical Area (MSA)
Single-family home sales in the five-county Austin-Round Rock MSA rose 6.1 percent year-over-year to 14,482 home sales in the first half of 2016, while median price rose seven percent year-over-year to $282,000. Home listings also experienced gains in the first half of the year,
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AUSTIN, Texas – June 21, 2016 – Single-family home sales jumped in Williamson County and across the Austin-Round Rock Metropolitan Statistical Area (MSA) in May 2016, according to the May 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.
“Housing demand continues to be at an all-time high in the Central Texas region, with properties priced under $500,000 selling rapidly,” said Aaron Farmer, 2016 President of the Austin Board of REALTORS®. “Williamson County homes are among the most popular in the region due to the county’s highly-rated school districts, access to major thoroughfares and proximity to major employment hubs in Austin.”
Williamson County’s population is less than half that of Travis County, yet only 424 more single-family homes were sold in Travis County than Williamson County in May 2016. Williamson County home sales surged 19.5 percent year-over-year in May to 1,028 single-family home
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