Texas Real Estate Research Center
Recent News About Texas Real Estate Research Center
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Median home sales price continued to rise in the first quarter
The median sales price of Texas homes topped $325,000 in first quarter 2022, an 18.6 percent increase over the year, according to Texas Realtor's 2022-Q1 Texas Quarterly Housing Report.
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Office building slated for downtown Austin
Ivanhoé Cambridge and Greystar have broken ground on a 170,000-square foot office project.
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Zekelman Industries developing apartment complex in Manor
Zekelman Industries Inc. is developing Fuze Parmer Lane, an apartment complex at 8020 E. Parmer Lane.
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Texas Realtors: Texas homebuyers more diverse, earn higher income than national average
Texas homebuyers are more diverse and earn slightly higher incomes than homebuyers nationally, according to the 2022 Texas Homebuyers and Sellers Report by Texas Realtors.
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Link Logistics developing project in Round Rock
The Texas Real Estate Research Center has issued the following press release:ROUND ROCK – Link Logistics Real Estate LLC is developing a three-building project at 2100 S.
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Carr Properties breaks ground on 43-story office tower
Carr Properties has broken ground on Block 16, a 43-story office tower at 201 San Jacinto Blvd.
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WalletHub: Texas seventh best state for remote work
Texas has ranked seventh on WalletHub’s list of the best states for working from home.
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Temple joining the Metaverse with 900K-sf data center
Meta Platforms Inc. is planning a 900,000-sf data center on 393 acres off N.W. H K Dodgen Loop and Industrial Blvd.
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Downtown Austin getting 2.7M-sf mixed-use tower
Lincoln Property Co. and Kairoi Residential are planning a 74-story, 2.7 million-sf tower at 98 Red River St.
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Shop LC building HQ in Cedar ParkBody
The Texas Real Estate Center has issued the following press release:CEDAR PARK – Shop LC Global Inc. is developing a 200,000-sf facility at 1700 N.
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188-acre master-planned community slated for Dripping Springs
Tri Pointe Homes Inc. and M/I Homes Inc. are building Heritage, a 188-acre master-planned community.
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Tishman Speyer, Ryan Cos break ground on tower
New York-based Tishman Speyer and Minneapolis-based Ryan Cos have broken ground on 321 West, a 58-story mixed-use tower in downtown.
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Austin among top rising middle-class housing markets in state
According to the National Association of Realtors (NAR), three Texas cities are among top markets for middle-class households.
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Kilroy purchases acres near The Domain for high-rise
AUSTIN – Kilroy Realty Corp. has purchased a 2.9 acres at 10615 Burnet Road in the Domain submarket for $40 million.
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Skybox developing data center in Pflugerville
PFLUGERVILLE – Skybox Datacenters LLC is developing Skybox Austin 1, a 141,000-sf, 30-megawatt data center.
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Federal funds rate increase could affect low-income, first-time buyers most
Higher mortgage interest rates are the potential byproduct of this week's announcement by the Federal Reserve that it’s raising the federal funds rate, which previously hovered near 0 percent, by a quarter point (i.e., 25 basis points).
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Link Logistics to start construction on warehouse development this summer
Link Logistics Real Estate LLC is developing Settlers Grove, a 631,000-sf warehouse development at 2200 Chisholm Trail.
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Intracorp planning Austin's tallest residential/hotel tower
Intracorp Texas is developing Conrad Residences and Hotel, a 65-story residential and hotel tower at E. Second and Trinity Streets.
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Kerby Ventures bringing 452-acre neighborhood to Marble Falls
Kerby Ventures is developing a 245-home residential community on 452 acres south of SH 71 and east of US 281.