Austin ranked #1 city for affluent millennials

Plus: America’s most expensive home sales of 2025

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Today’s newsletter is 588 words, a 2.5-minute read.

1. Two-thirds of real estate investors are looking to buy

According to the latest survey of single-family rental investors conducted by ResiClub and LendingOne, 68% say they’re likely to buy another investment property in the next 12 months, 51% very likely and 17% somewhat likely.

Looking ahead to 2026, 38% of investors expect to increase their investment activity, while a majority (52%) plan to maintain current levels. Just 9% anticipate pulling back.

Meanwhile, 43% expect to sell at least one existing property over the next year, signaling more active portfolio management rather than widespread exits.

2. How America searched for homes in 2025

According to Zillow’s annual review of home search behavior, Americans searching for homes in 2025 placed greater emphasis on lifestyle features and everyday comfort rather than size or luxury.

The data shows buyers increasingly prioritized adaptable living spaces, access to nature, and features that support daily routines. Interest shifted away from square footage and high-end amenities toward homes that feel functional, flexible, and personal.

"2025 was the year people stopped searching for more home and started searching for more meaning at home. Across the country, buyers want homes that can flex for family, offer access to nature and deliver small daily comforts that make life feel easier and more joyful."

Amanda Pendleton, Zillow's home trends expert.

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3. Catch up quick

💸 Where buying beats renting. (MovingPlace)

🏘️ America’s most expensive home sales of 2025. (Newsweek)

📍 Abilene is among the most popular cities for home shoppers. (Zillow)

A MESSAGE FROM DAVE YOUR MORTGAGE GUY

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  • Got a manual VA approval when no one else could

  • Approved and clear to close in 5 business days

  • Closed the loan in 8 business days flat

If you want to see exactly how we pulled off this near‑impossible save, click to watch the video and feel free to forward it to any homebuyer who needs a VA Loan.

4. Austin ranked #1 city for affluent millennials

According to a recent analysis by Trust & Will, Austin ranks #1 overall for millennial wealth and economic opportunity. The metro leads the nation in five-year GDP growth at 63.5%, alongside strong employment gains among prime-age workers (19.4%).

Home values in Austin average around $452,000, while residential permits have increased by 22.5%, reflecting sustained demand and confidence in the local housing market.

The rankings analyzed 73 U.S. metro areas across eight key indicators, including GDP growth, employment trends, income levels, startup activity, the share of high-income residents, and housing market performance.

5. Unemployment rate at 4-year high

The U.S. economy added 64,000 jobs in November, while the unemployment rate rose to 4.6%, a four-year high, according to the Labor Department’s report on Tuesday.

Job growth in November exceeded many economists’ expectations, with a consensus forecast of about 40,000 jobs added.

The report follows the cancellation of October’s jobs report due to the government shutdown.

Source: Bureau of Labor Statistics

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