News in the WC
The Information Age is upon us and your online identity and reputation can make or break you landing the client you've always wanted. This FREE pilot course offers NO CE credit, but is packed full of information about being the best you can be online and how to help grow your sphere of influence. Topics include: identify important online recommendation resources, optimize your online recommendation business profiles, encourage recommendations in your marketing, and make it easy for your clients to recommend you. Register Now
TICKETS ARE SOLD OUT!! Take a guided tour of the developing areas in Williamson County, East of IH-35. You’ll explore new and growing builder communities and will have the opportunity to stop and visit some to see what they have to offer your clients. Hear from the economic development groups and learn about the anticipated growth in these communities. Tour participants receive valuable information, breakfast, lunch, and happy hour. The starting location will be the Teravista Wildflower Club (1000 Wildflower Park, Georgetown, TX 78626) Check in, breakfast and networking begin at 8:30 AM and the bus will depart from Teravista promptly at 9:00AM. Advertising Information | More Information
On April 14th, Texas REALTORS® from around the state will unite at the Capitol to meet with their lawmakers, talk real estate, and east some AMAZING barbecue at TAR headquarters. Make plans now at attend the 2015 Texas REALTOR® Hill Visits... you don't want to miss the most important grassroots political event of the year! (Did we mention BBQ?) More Information. Fill out the registration form today and TAR will make sure there is plenty of BBQ for you! Invite your REALTOR friends!
February was another record setting month for Williamson County according to the data in the ACTRIS Multiple Listing Service, leading many to expect a record setting year for real estate in Williamson County.
Home prices also hit an all-time high with a median sales price of $232,382, an increase of 16.19% over last year. The number of homes sold increased slightly at 578 homes, a 3.03% increase over February 2014. More surprising was the total volume closed in Williamson County with over $143.8 million in inventory moved, a modest 14.14% increase from last year, and a whopping 117% increase from February 2011.click here to read more
“This month kicks off spring home buying season,” says Len Kiefer, deputy chief economist at Freddie Mac. “Between now and the end of June, we’ll see about 40 percent of all home sales for the year.”
It’s that optimism that has Freddie Mac forecasters expecting 2015 “to be the best year for home sales and new home construction since 2007, when total home sales were about 5.8 million for the year,” according to their U.S. Economic and Housing Market Outlook for March.click here to read more
Texas REALTORS® are receiving requests from Trulia to provide sold data. If you’ve received such a request from Trulia or any party other than your local MLS to report or submit sale price information, keep the following in mind:click here to read more
News You Can Use
Area transportation planners acknowledge Central Texas’s continued growth and limited funding means congestion may never be eliminated even with pumping $4.25 billion in improving I-35.
“We’re only going to be able to increase our road capacity [by 2040] by about 15 percent but the vehicle miles traveled in the region are expected to double. This means that we have a very uphill battle against congestion. We can at best manage it,” said Cathy Stephens, environmental and planning program manager at the Capital Area Metropolitan Planning Organization.
During the policy board’s March 9 meeting staff members presented the draft of the 2040 long-range plan containing $35.1 billion for transportation projects in the six-county region of Bastrop, Burnet, Caldwell, Hays, Travis and Williamson. The policy board, consisting of local elected officials from those counties, will approve the plan in May.click here to read more
Land prices, construction costs and high consumer demand put pressure on builders and buyers
When driving down streets in Round Rock, Pflugerville or Hutto, it is not uncommon to see newly built homes next to wooden frames and concrete plats as homebuilders expand their stock to meet demand.
These cities reported increased interest from homebuilders in constructing single-family homes in 2014. City officials are anticipating even more building in 2015.click here to read more