Category Archives: Austin

New Name, Same Commitment

The Gracy Title you know is now Stewart Title of Austin, LLC. While our name has changed, our commitment to you hasn’t. You can count on receiving the same personalized service you’ve always received at your next transaction. You, our customers, have been our top priority since 1873 – and you always will be. The …Read more

Austin Ranked 4th Best City in the U.S. to be a Real Estate Agent

“Location, location, location” might be the most hackneyed expression in the real-estate handbook, but the principle applies just as much to realtors as it does to their clients. After all, success in the industry hinges on both an agent’s work ethic and area of operation. Indeed, a career in real estate offers abundant perks. You …Read more

Tourists and Tech Make Austin a Top City for Jobs

Thanks to booming hospitality and tech sectors, Austin is the fourth-best-performing city for job growth and retention, according to the latest edition of the Milken Best Performing Cities Report, an annual study from the Milken Institute that ranks U.S. cities by their economic might. However, the Austin area dropped two spots from Milken’s 2014 …Read more

Central Texas Economy in Perspective Report Highlights

Report from Beverly Kerr, Vice President, Research, Greater Austin Chamber of Commerce. Gross Domestic Product by Metro October 6, 2015 Highlights from today’s Central Texas Economy in Perspective report: Austin’s economy grew an outstanding 6.1% in 2014 Austin was the third fastest growing major metro economy in 2014 Durable goods manufacturing and professional and business …Read more

YTD Austin Home Sales – May 2015

Existing homes sales in the Austin MSA decreased 5.7% in May 2015 compared to the same month last year. However, median price rose almost 10% from May 2014, and overall YTD existing home sales are up 2.3% compared to the same period (Jan – May) in 2014. See below for national stats from NAR. May …Read more

Austin’s Excellent Long Term Economic Growth Trend

From today’s Chamber report:   The Federal Reserve Bank of Dallas’ Business Cycle Indexes show the economic growth, as measured by employment, wages and retail sales, is significantly stronger for Austin than other Texas markets, both in the short (multi-year) and the long (multi-decade) term. Austin’s overall economic activity is expanding at a rapid pace, …Read more

Austin Housing Market Overview

The Greater Austin Central Texas Economy in Perspective report shows: Among metros with at least 500,000 population, Austin is ranked second nationally for normal housing economic and housing activity (Austin is running at 117% of normal) Austin’s score for single-family permit activity is just short of normal, at 0.98, while the U.S. is at 0.43. …Read more

Austin is Walking on Water

The Lady Bird Lake Boardwalk Trail project opens to the public on June 7th with a grand opening celebration at 10 am. It provides a more convenient route for runners, walkers and cyclists who are currently forced to navigate around IH 35 and Riverside Dr. This new link is finally coming to reality after 20 years …Read more