COLLEGE STATION β Texas may not be entirely a buyer’s market right now, but housing market conditions have slightly improved thanks to increased inventory, giving buyers more options.
“In the last two-plus years, homebuyers had beenβor at least their affordability has beenβstuck in a rut, and we know why: because of high mortgage rates and high home prices,” Texas Real Estate Research Center Research Economist Yanling Mayer recently told the Texas Standard. “What makes the spring homebuying season different is the supply-side story.”
Four other takeaways from the interview:
Inventory is up: Home supply has accelerated significantly in recent months, easing pressure and giving buyers more negotiating power.
Secondary markets are thriving: Cities like Abilene, Lubbock, Midland, and College Station are seeing strong sales, partly due to more affordable prices.
Price markdowns are widespread: More than half of homes are being sold with price cuts, averaging about $15,000 off the listing price.
Buyers should be strategic: With rates still high, buyers are encouraged to assess their personal circumstances. If they must buy, they should take their time and negotiate; otherwise, it may be worth waiting.
Fort Worthβs Rahr & Sons Brewing plans move to new location to accommodate growthΒ
by Bob Francis, Fort Worth Report April 7, 2025
Rahr & Sons Brewing Co., which helped usher in the Texas craft beer boom and was a trailblazer in the South Main revival, is planning to move to a new Fort Worth location.Β
The company, which celebrated its 20th anniversary last year, said in a Facebook post it is seeking a new location for its brewery, now located at 701 Galveston Ave., just off South Main Street in the Near Southside.Β
Rahr & Sons said in the Facebook post on April 6 that it has βsurpassed the capabilities of our current locationβ and is searching for a new home. Rahrβs beers range from lagers like Rahrβs Blonde and Texas Red to ales such as Iron Thistle, Winter Warmer and other seasonal offerings.Β
The post said Rahr beer βwill still be brewed by the same talented brewers in Fort Worthβ and that it will continue to be available in restaurants, bars and stores.Β
The breweryβs tap room, which was the location for many events as well as regular weekend tours, will remain open until May 17.Β
Rahr & Sons is one of the pioneers of craft brewing in the area and the state. The brewing capacity has grown from 2,000 barrels a year in 2004 to more than 20,000 barrels annually. The companyβs beers are now distributed in Texas, Oklahoma, Kansas, Louisiana, New Mexico, Tennessee, Missouri, Arkansas and Nebraska. The brewery has received over 90 nationally recognized awards including six Great American Beer Festival medals.Β
When Rahr & Sons opened its doors in 2004, the tagline was βThe brand new beer with a 150-year history,β referring to the Rahr family first making beer in America in 1847, shortly after William and Natalie Rahr immigrated from Rhineland, Germany to Manitowoc, Wisconsin. The Rahrβs Eagle Brewery was the first lager brewery in Wisconsin.
About 160 years after the founding of Eagle Brewery, William Rahrβs great-great-grandson and namesake, Frederick βFritzβ Rahr Jr., opened Rahr & Sons Brewing Co.Β
The local craft brew industry has seen several changes over the past 18 months, according to previous Fort Worth Report coverage. A long list of shutdowns ranges from Fort Worthβs Funky Picnic, Neutral Ground, Fort Brewery and Pouring Glory to Deep Ellum Brewing in Dallas, Brutal Beerworks in North Richland Hills and Shannon Brewing in Keller, along with the shift of production of Blood & Honey out of Granbury. At the same time, several brewers have opened up in the suburbs and beyond.Β
In February 2024, Rahr & Sonsβ property was posted as being for sale. At the time, the company said in a note on Facebook that it was not closing operations.Β
The property that Rahr currently occupies is being marketed for lease by Nathan Vasseur, principal at Team & Vasseur Commercial Real Estate. He said the property is currently available, but he is βin ongoing talks with several potential tenants to take over the space when Rahr vacates.β
Tarrant Appraisal District valued the property at $1.3 million in 2024.Β Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here.
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