by Tawanna Verock | Jan 16, 2025 | Editor's Choice
The landscape of housing in Texas has undergone a significant transformation in recent years, marking a pivotal shift in the state’s real estate dynamics. Once lauded for its affordability and accessibility, Texas is now grappling with rising costs that have made both buying and renting homes increasingly challenging for many residents. The economic prosperity that has characterized Texas, fueled by a booming job market and an influx of new residents, has inadvertently contributed to this issue. With housing prices surging across the state, many families find themselves struggling to keep up with escalating expenses, raising concerns about the long-term sustainability of the housing market.
The Current Housing Crisis
Recent data highlights a staggering deficit in the housing market, with an estimated need for an additional 320,000 homes in Texas. This shortfall, as identified by the housing policy group Up for Growth, is a key driver behind the escalating home prices and rental rates affecting communities statewide. Despite Texas leading the nation in new home construction, the overwhelming demand, combined with a limited supply of available properties, has sent housing costs soaring to unprecedented levels. As a result, many residents are being pushed into less desirable living conditions or are forced to relocate to areas farther from their workplaces, exacerbating the challenges of commuting and quality of life.
Legislative Responses on the Horizon
As Texas lawmakers prepare to convene in Austin for the upcoming legislative session, addressing the housing crisis is likely to be a top priority. Experts in real estate, urban planning, and housing advocacy are urging legislators to take decisive action to remedy the shortage and stabilize rising costs. The pressure to find workable solutions is mounting as community leaders and residents alike recognize the urgency of the situation.
Scott Norman, CEO of the Texas Association of Builders, emphasizes the critical nature of addressing this housing deficit, stating: “Our population is going to continue to increase in the next 30, 40 years. All of those people have to live somewhere.” This forward-looking perspective underscores the importance of proactive measures to ensure that Texas remains a viable option for future generations.
Revisiting Zoning Regulations
One significant avenue for reform lies in zoning regulations. Cities currently impose strict rules governing what types of homes can be built and where, often stifling development and innovation in housing solutions. Research suggests that easing these regulations could lead to a substantial boost in housing supply and help contain costs, making homes more accessible to a wider range of buyers and renters.
In 2023, lawmakers attempted to address this issue but faced setbacks due to pushback from various stakeholders. However, there is cautious optimism that proposals to revisit zoning laws will re-emerge in legislative discussions. State Sen. Paul Bettencourt highlights the need to eliminate regulatory hurdles, stating: “The starting point is to make sure that we don’t have obstacles like regulatory issues and local government that are making things worse.” By streamlining the approval processes and encouraging more flexible zoning practices, Texas could pave the way for a more vibrant and diverse housing market.
Accessory Dwelling Units (ADUs)
Another proposal that may be revived involves accessory dwelling units (ADUs), often referred to as granny flats or mother-in-law suites. These smaller, typically less expensive housing options could provide much-needed relief for homeowners looking to maximize their properties while also contributing to the overall housing supply. Despite previous attempts to pass legislation supporting the development of ADUs facing defeat, lawmakers such as State Sens. Bryan Hughes and Cody Vasut are reintroducing similar measures with renewed determination. The potential benefits of ADUs include not only increased housing availability but also enhanced intergenerational living arrangements, which can foster community cohesion.
Land Use and Lot Size Adjustments
State lawmakers are also considering modifying minimum lot-size requirements that currently dictate the amount of land necessary for single-family homes. These regulations can inflate housing costs by limiting the number of homes that can be developed in a given area. Vasut’s proposal aims to reduce the minimum lot sizes to 2,500 square feet, but only in larger cities, potentially fostering greater development flexibility and enabling more compact, affordable housing options.
The Debate Over Neighborhood Character
As discussions progress, a contentious issue arises regarding whether to apply these housing reforms in predominantly single-family neighborhoods. While many Texas cities favor standalone homes, there is resistance to introducing denser housing options, such as townhomes or duplexes, which could alleviate some of the pressure on the housing market. Proposals to allow alternative housing types in these areas often face opposition from existing homeowners, who express concerns over neighborhood character, property values, and the potential for increased traffic and congestion.
State Rep. Carl Tepper’s bill aims to protect single-family zones from such changes, reflecting the ongoing struggle between local control and the necessity for increased housing density. This debate encapsulates broader societal tensions regarding growth, community identity, and economic equity, emphasizing the complexity of the housing dilemma in Texas.
Broader Housing Strategies
Beyond zoning adjustments, lawmakers are exploring additional strategies to alleviate the housing crunch. The Texas Legislature is likely to consider a range of proposals aimed at addressing the multifaceted challenges of the housing market, including:
– Speeding up building permits to expedite housing development and reduce the time it takes to bring new homes to market.
– Addressing the impact of institutional investors on the housing market, as concerns rise over their influence on affordability and access to homes for average families.
– Initiatives focused on increasing housing availability for low-income families, a pressing need that has historically been overlooked but is now gaining traction in legislative discussions.
State Sens. Nathan Johnson and Royce West have introduced bills targeting the construction of affordable housing, signaling a push toward inclusivity in housing development. These efforts aim to ensure that a diverse range of housing options is available to all Texans, regardless of income level, and to promote equitable access to housing.
As Texas navigates its housing crisis, the upcoming legislative session presents both challenges and opportunities for meaningful change. The need for innovative solutions is urgent as the state’s economic growth continues to attract new residents seeking better opportunities. Balancing the interests of current homeowners with the pressing need for diverse housing options will be crucial in shaping a sustainable future for Texas’s housing market. The outcome of these discussions will likely have lasting implications for the state’s affordability, livability, and overall quality of life in the years to come. As stakeholders from various sectors come together to address this critical issue, the hope is that Texas can emerge with a housing strategy that meets the needs of its diverse population while preserving the unique character and charm that make the state so appealing.
by Tanya Chappell | Jan 16, 2025 | Women's Council of REALTORS
As I take a moment to reflect on the accomplishments of 2024, I am overwhelmed with gratitude for the exceptional journey we have undertaken together. This past year has been marked by significant growth, fruitful collaborations, and the establishment of new relationships that have enriched our community. Collectively, we have forged a robust network that inspires and uplifts each member, creating a foundation for a brighter future.
Looking Forward to 2025: A Renewed Commitment
With the dawn of 2025 on the horizon, I am filled with enthusiasm to build upon our collective achievements. My commitment to leading our network is fueled by a revitalized sense of purpose and passion. I extend my sincerest appreciation to all those who have steadfastly supported our vision and mission. Your unwavering belief in the Women’s Council of REALTORS Austin is a vital force that drives our momentum and empowers us to effect meaningful change within our industry and community.
I would like to convey my deepest gratitude to our early supporters: IPX 1031, Willow Bend Mortgage, Corridor Title, and Conventus. Your dedication to our mission has been instrumental, and we are privileged to have you alongside us on this journey.
Kickoff Event: Austin Roots & Bold Boots
To embark on 2025 with vigor, we are thrilled to announce an upcoming event that promises to be memorable: Austin Roots & Bold Boots. This evening will be a celebration of inspiration, leadership, and a glimpse into the exciting initiatives that await us in the coming year.
We invite you to join us for an extraordinary night that will feature live music, a distinguished guest speaker, delectable food and beverages, a raffle auction, and an atmosphere filled with joy.
Let us unite to honor our achievements and rekindle the sense of community that has always been the cornerstone of our mission—a vision that will guide us through 2025. This year, let us lead with confidence, inspire with intention, and fortify the collaborative roots that bind us.
Save the Date!
The 2025 Installation Event, Austin Roots & Bold Boots, will take place at 4:30 p.m. on Friday, Jan. 31, at the IBC Ballroom, 8998 Research Blvd.
The evening promises to an unforgettable evening for all. Your ongoing support is invaluable, and I eagerly anticipate the opportunity to celebrate with each of you. Here’s to a promising 2025, abundant with growth, unity, and success!
by Brandy Wuensch | Jan 16, 2025 | Austin Board of REALTORS
Every year is a new chapter, and I’m excited to begin this one with all of you as the new Unlock MLS and Austin Board of REALTORS® president. This year will be a year of change and growth—but above all, it will be what I am calling the “Year of Opportunity.”
Opportunity begins with ideas and vision, and as we step boldly into 2025, I’m eager to share some of the new innovations and initiatives that will shape the real estate landscape in our marketplace this year. At Unlock MLS and ABoR, we are redefining how REALTORS® conduct business and elevate their value to clients. Here’s a look at what you can expect this year.
Embracing Opportunities for All
My vision for 2025 is the “Year of Opportunity.” Merriam-Webster defines opportunity as “a set of circumstances that makes it possible to do something.” My mission is to create an environment where every member and subscriber feels empowered to explore new possibilities, grow their business, and contribute to our thriving community.
From professional development to advocacy efforts, every program Unlock MLS and ABoR offers should serve as a gateway for members to connect, learn, and succeed. Together, we can create a culture where disengagement is replaced with empowerment, unlocking the potential of those who may have felt overlooked or disconnected in the past.
Harnessing Innovation and Unlocking Opportunity
Opportunity starts with innovation, and I’m excited to share that a supercharged MLS is coming soon for Unlock MLS subscribers. On Feb. 25, Unlock MLS will become the first MLS in the country to offer an AI-powered listing entry and management system, a powerful new client portal, and a new CMA tool—all within the Matrix platform our subscribers trust and depend on. These enhancements will offer exclusive, powerful new technology, including:
Listing Manager: The first AI-powered Add/Edit module in Matrix streamlines listing creation with mobile functionality, automated data entry, and compliance checks—saving agents time and enhancing client interactions. Plus, subscribers will gain access to an entirely new, robust CMA tool.
OneHome: A sleek, agent-branded client portal that personalizes the home search experience with AI-powered property matches, real-time collaboration, and in-depth neighborhood insights. Together, these tools simplify workflows and elevate service.
This is a big change and an even bigger opportunity for your business. We want you to feel prepared and confident when these changes launch. You can learn more and access resources to prepare for these updates by visiting our Unlock Opportunity Resource Hub at UnlockMLS.com/Opportunity.
Building Opportunities for Connection and Collaboration
During my tenure as the leader of the Diversity Committee, we prioritized making every member feel welcome and valued. This experience underscored the importance of fostering meaningful connections and open communication. I believe that by offering more chances for connection—through networking events, educational programming, and volunteer opportunities—we can bridge gaps and build a stronger, more inclusive organization. By fostering collaboration and connection, we can generate creative solutions and uncover new opportunities that will drive our association, and our businesses, forward.
Looking Ahead
I believe 2025 will be a year filled with promise, and I’m confident that together we’ll seize every opportunity to grow and succeed. I encourage you to stay engaged in our profession, embrace the challenges ahead, inspire one another, and make this new chapter truly remarkable for all Unlock MLS subscribers and ABoR members.
Here’s to a successful, collaborative, and opportunity-filled year!
by Julie Jones | Jan 16, 2025 | Five Points Board of REALTORS
The Williamson County Association of REALTORS® and the Bastrop County Board of REALTORS® have joined forces to create the Five Points Board of REALTORS®, a unified organization dedicated to providing enhanced resources, advocacy, and support for real estate professionals across both regions. This merger marks a significant milestone, aligning two strong associations under one mission to better serve members and their communities.
Rooted in the shared values of integrity, ethics, competency, education, and fidelity, the Five Points Board of REALTORS® is committed to helping its members excel in an ever-changing market. This merger is more than a structural change—it’s a renewed commitment to excellence.
A Unified Vision for 2025
As we look ahead, 2025 is all about empowering our members to thrive through education, connection, advocacy, and safety. Here’s what’s in store:
– Advocacy for Homeownership: Advocacy remains a cornerstone of our mission. We will continue to champion policies that promote homeownership and protect private property rights, ensuring REALTORS® have a strong voice at every level of government.
– Expanded Education: Membership includes 18 CE hours, with many additional opportunities to learn and grow. From staying ahead of industry trends to mastering professional skills, we’re equipping REALTORS® to succeed at every level.
– Networking and Community Engagement: Build lasting relationships through our networking events and engage with local leaders through economic and city updates. Staying connected means staying ahead.
– Safety First: With membership, REALTORS® gain access to Forewarn, a cutting-edge safety app that enhances security and peace of mind for professionals in the field. This vital tool is just one more way we’re prioritizing member safety.
The Value of Membership
Belonging to your local REALTOR® association is about more than professional growth—it’s about being part of a community dedicated to excellence. Members of the Five Points Board of REALTORS® enjoy unparalleled resources, strong advocacy, and a supportive network.
Here’s how you can make the most of your membership:
– Volunteer Opportunities: Make a difference, grow your network, and gain leadership experience by giving back to your association and community.
– Leadership Development: Step into leadership roles at the board and in your profession, expanding your expertise and influence.
– Community Engagement: Deepen your connection to the communities you serve while building your reputation as a trusted resource.
Mark Your Calendar!
Don’t miss our Super Bowl of Builders at Dell Diamond on Feb. 6! This free event is your chance to connect with industry leaders, engage with top builders, and enjoy a dynamic day of networking and fun. It’s an event you won’t want to miss!
With a bold agenda for 2025, the Five Points Board of REALTORS® is ready to deliver a year of growth, innovation, and success. Let’s build a stronger future together!
