Austin real estate continued to set records as it closed out 2021. According to the December 2021 and Year-End Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), 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.
The bigger Austin becomes, the more the flight path needs to be considered for homebuyers. Historically, a net gain of more than 100 residents a day, would mean longer commutes from Austin traffic to get to the office or even just the grocery store. After all, more people mean more cars, which lead to more traffic; all the result of a population increase. Now, throw a pandemic into the mix and you’ve got an outlier that skews the data. Continue reading