President's Corner
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News in the WC

Wednesday, June 3, 2015 - 1:00 - 6:00pm

Join the WCREALTORS TREPAC Committee and kick off your summer right! For a $50 investment in TREPAC you get a seat on the bus to the Pilot Knob Vineyard in Bertram! Also included in your investment is a tour of the vineyard, wine tasting, and heavy hor d'oeurves. The bus will depart from WCREALTORS at promptly 1:00 PM; check-in and networking to begin at 12:30. Call the Association at 512.255.6211 to purchase your ticket(s) today! The event is for members of the Texas Association of REALTORS only and is not intended for the general public.

Industry News
TAR Field Representative Weekly Update

We are so close to wrapping up the legislative session for 2015, but don’t count your chickens just yet. The 84th legislative session should wrap on Monday, June 1, but there’s always room for a special session. Pay close attention to your email inbox in case of any last minute calls for action. While we don’t anticipate anything now, who knows what tomorrow will bring.

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Williamson County Housing Statistics - February 2015

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.

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Freddie Mac economists are bullish on housing.

“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.

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News You Can Use
Education in Williamson County

On Monday, April 27th the Austin Chamber of Commerce launched the 10th Annual Education Progress Report for 11 school districts within Travis and Williamson County. This report tracks the performance of area school districts on key indicators related to direct-to-college enrollment. Click here to see each individual districts Educational Progress Report.

In January of this year, Sub-teams for Williamson County were formed to represent Round Rock ISD, Leander ISD, Liberty Hill ISD, Hutto ISD, and part of Pflugerville ISD.

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Williamson County Clears the Air

The Environmental Protection Agency will finalize a new ground-level ozone standard by October that could impact road development and industrial growth projects in Williamson County if it is not met.

On March 10 the Williamson County Commissioners Court approved a draft letter of suggestions and comments to the EPA to urge the agency to reconsider the severity of the impact of the possible new standards.

“I think everyone here wants clean air—that’s not the issue,” Precinct 1 Commissioner Lisa Birkman said. “I think what we’re trying to say is we want [regulations] to be reasonable.”

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The Voice for Real Estate

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