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Search resuls for: "Austin Chamber of Commerce"


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Home prices in Austin, Texas, are coming down after a pandemic hot streak, according to Realtor.com. Here's what you can buy in Austin now for less than the national median home price of $416,100. AdvertisementAdvertisementHome prices in the pandemic boomtown of Austin, Texas, are starting to come back down to earth. In May 2019, the median list price for a home in Austin was $371,056, according to Realtor.com. That's a 2% decrease year-over-year, which may not sound like much, but is enough to rank Austin as the No.
Persons: , Sheharyar Bokhari, Austin Organizations: Service, Austin Chamber of Commerce, Lone Star State Locations: Austin , Texas, Austin, That's
Austin, Texas has become one of the least affordable cities in the US in part due to steep housing costs. This week, city lawmakers took a significant step toward helping boost housing supply. The city council approved a resolution that reduces the lot size necessary for a home. Research has found that increasing the market-rate housing supply makes housing more affordable for both middle- and low-income residents, despite widespread skepticism that the laws of supply and demand apply to housing. Last year, a Texas appeals court struck down a previous city council effort to increase housing density through upzoning.
Persons: Austin, who've, Leslie Pool Organizations: Service, Apple, Austin Chamber of Commerce Locations: Austin , Texas, Wall, Silicon, Texas, Austin, City, upzoning
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