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News in the WC
Tech It Up A Notch

Thursday, May 7, 2015 - 9am - 4pm

Join WCREALTORS for a day of technology & education. The morning starts out with Introduction to RPR (1 CE Hour, Course # Pending, Provider#0001) at 9am followed by Advanced RPR (2 CE Hour, Course # Pending, Provider#0001) at 10:30am, both taught by Leslie Van Burkleo. Alternatively, you can be one of the first to take WCREALTORS' newest course, Optimizing Your Recommendation Engine (2 CE Hours, Course #Pending) which begins at 9am as well. Technology Vendors will be set up and ready to go at 12:00 PM for you to explore and learn how to grow your business.  At 1:30pm, Nobu Hata from NAR will give his Keynote Presentation, "The REALTOR® of the Future" focusing on using the internet, and other technology to grow your business in the information age! Throughout the day, vendors from various technology companies will be on hand to discuss ways they can help you grow your business as well. This is a FREE event, but you are encouraged to RSVP to ensure we have enough seats available! More Information | Register Now

26th Annual Golf Classic - Player Special Extended!

Monday, May 18th - 11:30 Shotgun Start

It's time again for the biggest event of the year! WCREALTORS will be hosting the 26th Annual Golf Classic on Monday, May 18th! Registration & Putting Tournament begin at 10:00am with the shotgun start beginning at 11:30. All players on your team MUST arrive and be registered prior to 11:15am to be eligible to place in tournament. The price is only $125 per player through April 24th, and the price increases to $150 on April 25th! This event sells out every year, please register early to secure your space! Contact Kent Prickett at 512.255.6211 or kent@wcrealtors.org for more information. Player Registration | Advertising Opportunities

Industry News
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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Has Zillow or Trulia contacted you about sale price data?

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:

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News You Can Use
CAMPO 2040 transportation plan includes $4.25B to improve I-35

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.

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Housing permits, building on the rise in area’s communities

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.

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The Voice for Real Estate


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