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Tag Archives: Austin Board of Realtors

ABOR report highlights striking disparities in housing affordability

A new report from one of the city’s leading real estate groups is bringing fresh, detailed data that shows how unaffordable housing has become for most local residents. Austin Board of Realtors’ “The Truth About Austin’s Missing Housing” uses industry…

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Real estate leaders see hope in smaller lot sizes as demand for housing remains strong

“In Austin, you don’t have enough housing for the demand in the pipeline. … I can’t say it simpler. We all agree we have increased inventory, but with the demand coming down the pipeline, and then you had two quarters…

Council approves ordinances to strengthen renters’ rights

City Council approved two ordinances Thursday enshrining the right of tenants to organize and to remedy lease violations prior to eviction.  As rents in Austin continue to rise, tenant advocates say the ordinances are increasingly necessary to help prevent eviction…

The median sales price of a home in Austin has surpassed $600,000

The price of buying a home in Austin knows no other mode than acceleration, it seems. According to the latest numbers from the Austin Board of Realtors, homes in the city sold for a median price of $624,000 in March.…

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Travis County likely to close housing assistance program months early after 'deluge' of applications

Travis County last week reopened a program with millions of dollars in funding to help people make their rent and mortgage payments. Initially the county said it could accept applications through September, but staff members now say they will likely…

Sale prices soaring for Austin-area homes

In the first six months of 2021, the Austin Board of Realtors reported, the median price of homes in the city of Austin has increased nearly 31 percent to $530,000. Even more eye-popping, for the month of June, ABoR said…

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Home prices in Austin rose $100,000 in six months. When will the surge end?

When Amanda Traphagan was selling her Austin home in April, she and her husband joked that only a wealthy celebrity would be able to offer a significant amount over what they were asking. “We were making jokes about Elon Musk…

Allow ‘diversity of housing types,' ABoR tells Council

Representatives from the Austin Board of Realtors offered policy recommendations to City Council for ways to slow down the drastic increase in housing prices since the beginning of the pandemic. The latest housing market statistics are “dramatic,” as Jeni Williams, ABoR’s…

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Commissioners Court to facilitate talks in disagreement between ABoR and TCAD

TCAD Chief Appraiser Marya Crigler told the Travis County Commissioners Court on March 10 that despite receiving a cease-and-desist order to stop collecting third-party sales data, her office is still working to acquire the necessary data to accurately appraise home…

TCAD appraisal decision draws Realtors' ire

On Wednesday, Marya Crigler, chief appraiser for the Travis Central Appraisal District, told representatives of nine local school districts that TCAD would not be reappraising most residential properties this year. That means the school districts, as well as Travis County,…

Real estate group's $1M donation will help fuel expansion plans for Community First! Village

A $1 million donation from the Austin Board of Realtors will help the Community First! Village of Austin with its plans to expand and add more homes for the chronically homeless throughout Austin. In an announcement made Monday, the professional…

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Tax wranglers may once again sue appraisers

Once again a battle is brewing between firms seeking to help property owners lower the appraised value on their property and the Travis Appraisal Review Board. The issue boils down to scheduling of hearings with no regard for the fact…

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