Items Tagged with 'Austin, Texas'


  • Multifamily developers struggle to keep up with Austin's booming job market

    Rent growth expected to rise again
    In March, Austin’s employment growth rate climbed to 2.5%, far above the nation’s average of 1.6%. With Apple and Amazon both announcing further job expansions within Austin, there doesn’t seem to be an end in sight with regard to job growth. In the midst of it all, rent growth rose at a 3.7% rate through April. 
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  • Fast-growing cities see substantial decline in affordable housing

    Lack of rental housing to accommodate low-income residents
    The fastest-growing cities in the U.S. saw their stock of affordable housing decline substantially from 2010 to 2017, according to the latest research from Freddie Mac, highlighting a strong correlation in population growth and affordability loss. Here are the cities that are seeing the greatest influx of residents.
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  • Monday Morning Cup of Coffee: Private capital is returning to the mortgage market

    Plus, developments in affordable housing
    A few weeks ago, we asked if private capital was beginning to show more interest in the mortgage market. And now, we’re starting to see more signs that interest in mortgages that don’t fit inside the Qualified Mortgage box seems to be growing. Plus, big rental-related news out of New York and Minnesota. All that, and more, in your Monday Morning Cup of Coffee.
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  • Texas brokerage closes state's first-ever bitcoin home purchase

    Joins just California in the short list of state's selling property via bitcoin
    Taking real estate purchases in the Lone Star state to a new level, Kuper Sotheby's International Realty said it finalized the first-ever home in Texas that was purchased entirely with the cryptocurrency, bitcoin. Located in the capital of Texas, the luxury home sold for an undisclosed amount this summer.
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  • Pre-sale for Texas energy efficient community begins

    New community includes 7,500 single- and multi-family homes
    The nation’s largest zero-energy capable community is now opening for pre-sales, and will soon be ready for its first wave of new residents. This Texas-sized community consists of 7,500 single- and multi-family homes on more than 2,000 acres of land in Austin, Texas.
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  • Guardian Mortgage Company opens new location in Austin

    More expansion set for 2016 and 2017
    Guardian Mortgage is set to open its sixth office in Texas, and 13th office nationwide. The company’s expansion plans, however, do not end with Austin. Here's what the company says about its future expansion plans as it looks to capture more mortgage share.
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  • MCS acquires EPIC Real Estate Solutions

    Expanding MCS' product line
    Mortgage Contracting Services is already a provider of property preservation, inspections, REO property maintenance and valuations for the financial services industry and is now broadening its client offerings even further. The company announced it acquired Austin, Texas-based EPIC Real Estate Solutions.
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