Knock on wood—real estate professionals are saying Austin’s housing market showing signs of stabilizing as local inventory hit two months for the first time since 2019. Austin Board of Realtors CEO Emily Chenevert said after two years of pandemic-fueled prices, “we're inching our way toward something that feels more normal,”...
News
New home construction boom creating a builder’s market in the Austin area
AUSTIN, Texas — Buying a newly built home in Austin's hot housing market can be a challenge. Labor and material shortages, demand for housing and COVID-19 all play a role. Several homebuyers told the KVUE Defenders they've experienced extended delays, were told they had to pay more than the original price and some...
Austin startup Casata developing micro home communities as affordable housing alternative
Austin-based startup Casata Corp. aims to harness the market power of two burgeoning housing trends: micro homes and build-to-rent communities. Casata’s micro homes range in size from 400 to 758 square feet. Micro homes homes are typically used as accessory dwelling units, or ADUs, sitting in backyards or in-filling empty space...
New development will add hundreds of homes in Taylor
TAYLOR, Texas — As Austin continues to grow, so do the surrounding communities. The City of Taylor is one of the latest to approve the construction of a mixed-use development. The Austin Business Journal (ABJ) reports that the Taylor Planning and Zoning Commission approved a final plat for up to 131 residential lots in the Castlewood development, on...
Hundreds of new homes headed to Taylor with Castlewood community
The new Castlewood community in Taylor is moving forward, as the city OKs plans for hundreds of residential lots. The Taylor Planning and Zoning Commission approved Aug. 10 a final plat for up to 131 residential lots in Castlewood. These lots will be on a 41-acre plot across from Taylor...
Tiny homes, big impact? Austin-based startup adds to growing micro home supply
Casata, an Austin-based startup, announced a forthcoming micro home rental community in South Austin on Monday. The six-acre site is located on 10400 Old Manchaca Road, just south of Slaughter Lane, and will have 66 one- and two-bedroom micro homes, ranging from 378 to 758 square feet. Currently under construction, Casata will...