Real Estate News

Source: Austin Business Journal Residential Real Estate News
Travis County held its final in-person foreclosure auction on May 7. Starting in June, it will host these sales online, according to an announcement. County leaders said moving the auctions online will be good for bidders and the county’s bottom line. “People won’t have to physically come down to the steps of [...]
Wed, May 08, 2024 12:48:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Los Angeles-based Stapleton Group, the receiver for embattled infill housing developer StoryBuilt, has renewed construction efforts on single-family homes “where possible,” according to an April 29 report. Additionally, one East Austin StoryBuilt development site is close to being sold in a deal expected to yield “several million dollars.” This news [...]
Mon, May 06, 2024 7:50:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
New multifamily development in Austin has slowed dramatically over the past year. We spoke with the region's top multifamily development firm, Journeyman Group, to get a better idea of today's market environment and the factors influencing it. Also included with this report is ABJ's latest list of the busiest apartment [...]
Fri, May 03, 2024 1:14:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
As the peak homebuying season approaches, home prices have hit another milestone — and there are few silver linings. [...]
Tue, Apr 30, 2024 6:25:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Amid a high interest rate environment, commercial real estate feels the brunt more than other industry, according to Frost Bank CEO Phil Green. At the end of this report, check out ABJ's list of banks with branches in the Austin metro. [...]
Mon, Apr 29, 2024 7:26:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
East Austin is bustling with bulky commercial and residential projects. From high-rise buildings along the Colorado River, a park bigger than Zilker and a futuristic city on the other side of the airport, here is a look at 14 developments poised to transform the east side of the metro. It's [...]
Fri, Apr 26, 2024 6:33:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
The final defendant in a major class-action lawsuit over real estate commissions has agreed to a settlement. But there are some big questions about the long-term impact of the settlement on homebuying. [...]
Fri, Apr 26, 2024 6:27:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Austin Community Foundation's new $15 million Housing Accelerator Fund will help developers of affordable housing fill in the gaps in their financing — and it has backing from some big names on the Austin business scene. [...]
Thu, Apr 25, 2024 10:23:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
T.C. Broadnax, Austin's next city manager, has a background in facing the issues that negatively impact Austin and its business community today, however his work history has not always been without tension. [...]
Thu, Apr 25, 2024 12:21:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
The condos add to Pearlstone's impressive portfolio. The local development firm also has a full pipeline of in-development and under-construction projects on the way. [...]
Wed, Apr 24, 2024 7:49:00 PM, Continue reading at the source