Austin Real Estate Blog

According to a report released by Metrostudy, Austin home sales continue to rise. With mortgage rates remaining low, the study shows a supportive climate for continual improvement in the Austin housing market.

Eldon Rude, who is the director of Metrostudy’s Austin market, indicated that prospective buyers should expect home prices to continue to rise in the Austin area. At the same time, the city is expected to continue to improve in the areas of housing starts, employment and the Housing Price Index, which is a measurement of residential home prices.

From November 2011 to November 2012, Austin saw a significant increase in new jobs, with approximately 35,000 jobs added to the city. In its study of 40 housing markets throughout the United States, the

The new 111-acre Crosswater Yacht Club, which will be one of the newest marinas on Lake Travis, is expected to be complete sometime in April. Upon completion, the marina will accommodate 247 boat slips, with many of them featuring private docks.

Currently under construction, the Crosswater Yacht Club will be found on the south shore of Lake Travis. The finished marina will feature a paved parking lot capable of accommodating 125 vehicles. With its keyed entry system, 14 foot tall lights and privacy fence, the parking lot will keep safety at a premium without disturbing nearby residents. The lot will also feature golf carts that boaters can use to transfer directly from the lot to their boat. The docks themselves will be wide enough to accommodate the

Just 15 years ago, there wasn’t much to be found on Highway 71, which cuts right through the middle of the City of Bee Cave. With a population of just 600 in the year 2000, Bee Cave didn’t have much need for more than the few restaurants and services that the highway had to offer. Today, the population of Bee Cave has increased to nearly 4,000 and Hwy. 71 has become one of the Hill Country’s primary corridors.

With the growing number of businesses and services developing on Hwy. 71, both residents and business owners have benefited. Residents have a number of businesses to choose from, while business owners see high traffic counts as people move through the area. With plans to continue building homes in the Bee Cave area, business owners are likely

The Eanes school district has announced plans to issue iPads to each of its students from kindergarten through 12th grade, making it one of the first in the state to take advantage of the changes made by the Texas legislature two years ago.

Prior to an important change in legislation, issuing technology such as iPads or laptops would have been difficult for any school district. Thanks to changes that now allow Texas schools to purchase digital learning materials with textbook money, however, Texas schools can now afford to provide students with advanced technology options. Still, each school is required to purchase its own technology. Therefore, the Eanes school board will be investing $1.2 million of its money to purchase iPad 2s for each of its students.

Forbes has named Austin the fastest growing city in the country. After analyzing 100 of the largest U.S. metropolitan statistical areas for its list of “America’s 20 Fastest Growing Cities,” Forbes placed Austin at the top of the list for the third year in a row.

In creating its list, Forbes used data from the U.S. Census Bureau and other resources to examine six metrics. These included 2012 population growth, 2013 estimated population growth, job growth, unemployment, Gross Metro Product and the median salary of college-educated workers living in the area. According to Forbes, Austin’s low unemployment, healthy job market and business-friendly regulations all contributed to its number one spot on the list.

In general, Texas has enjoyed a

While West Lake Hills and Rollingwood have been engaged in some major projects, the work has been well organized and developed with the help of mayors and city councils who volunteer their time to the two small cities.

Among the projects that have been underway in 2013 include replacement of the outdated water lines and the addition of a continuous center turn lane on Bee Caves Road. The West Lake Hills City Council is also working on installing a camera system to assist with wildfire prevention. The camera system will likely be located on a radio communications tower at the top of Mount Larsen. Meanwhile, the Rollingwood City Council is also working on a five-year agreement for single-stream recycling and waste disposal.

Stunning Flintrock Gem….Outdoor living at its best!  Dramatic entrance, awesome pool, hill country views, meticulously kept, plus way too many features to list here. Fantastic location; Lake Travis ISD, best golf community in the Lakeway area, new hospital just minutes away and Hill Country Galleria within 5 minutes. Over $150K in upgrades since purchased, perfect for entertaining or to raise your family.

Call David Bouthot at 512-300-0008 to schedule a private showing.

Call David Bouthot at 512-300-0008 to schedule a private showing.

A recent study released by Portfolio.com found that Austin residents are the fourth least stressed out of the 50 largest metropolitan areas in the country. According to the researchers, Austin residents enjoy a low level of stress primarily due to the relatively low unemployment rates coupled with the good health of the city’s residents.

When determining the overall level of stress within each city, the researchers considered a number of different factors. These included:

•    Crime rates
•    Environmental factors
•    Health risks
•    Living standards
•    Local unemployment rates
•    Personal financial data

On the other end of the spectrum, the researchers found that Detroit residents were the most stressed. This was largely due to the city’s

This vacant lot has panoramic views of Lake Travis.  The lot is just over 1 acre, and is mostly flat which provides a terrific build site.  The property has nice trees and backs to a small creek.  Asking $149,900  Call 512-344-6000 for more information.

Call 512-344-6000 for more information. 

According to Site Selection magazine, the state of Texas currently has the best business climate in the country. In being placed in the number one spot, Texas effectively ousted North Carolina from the position, which it has held for the past 10 years.

Atlas Van Lines’ annual study of corporate relocations in 2010, Texas saw more than 7,200 inbound relocations compared to just 5,300 outbound relocations. In all, 58 percent of inbound corporate relocations went to Texas. Furthermore, more than 40 percent of the new jobs created in the United States since June 2009 were created in Texas.

Despite these impressive figures, Site Selection analyzed a number of different factors in order to determine its 2011 rankings. Half of the total score was based on

David Winans is real estate broker in Dallas, Texas who coined the term "Texaplex" to describe the region encompassing Austin, Dallas, San Antonio, and Houston. David has released a new video highlighting all of the great economic news coming from the Texaplex region.

The TexaPlex Project

David Winans & Associates

17735 Reed Park, Jonestown - Asking $990,000

Call Crystal Guthrie at 512-422-3452

DEEP Waterfront home in a quiet peaceful cove! Home also for Lease, or lease with option to purchase at the end of the lease. Lease or buy fully furnished. Lots of potential! This home has a lot of natural light, Expansive views of Lake Travis. Always has water!!! Contains 2 large built out spaces that can be converted to Media Room and Wine Cellar, MOTIVATED SELLER!!

Call Crystal Guthrie at 512-422-3452 

According to the State Entrepreneurship Index, which measures entrepreneurial activity on a state-by-state basis, Texas ranks number 9 in the nation in terms of entrepreneurial activity. As such, the state moved up an impressive 25 spots when comparing 2010 to 2008.

The index, which was developed by economists from the Bureau of Business Research and Department of Economics at the University of Nebraska-Lincoln, evaluates several different components. These include:

•    The percentage growth and per capita growth in the state’s business establishments
•    The state’s business formation rate
•    The number of patents held per thousand residents in the state
•    The gross receipts of sole proprietorships throughout the state
•    The number of

While the U.S. Grand Prix was originally set to take place in Austin, Texas in June of next year, Formula One boss Bernie Ecclestone has made the decision to move the event to November 18, 2012. While the decision has faced some criticism, organizers of the event have reportedly responded positively to the change. In fact, Tavo Hellmund, who is the chairman of the U.S. Grand Prix, the decision to push back the date is a “positive sign” that Formula One officials want the event to be an “over-the-top success.”

As Hellmund points out, Ecclestone must consider a number of different factors when setting up the calendar, including the interests of the teams and their promoters. By putting the race near the end of the schedule, Hellmund believes his track will

Marriott Hotels and Resorts has announced its plans to open a new Marriott Marquis hotel, which will be part of Marriott International’s signature Marriott Hotels & Resorts brand, in the downtown Austin area. The new hotel, which is scheduled to break ground in mid-2012 after having faced some initial difficulties with getting off the ground, should be open sometime in 2015 if all goes as planned. Offering more than 110,000 square feet of meeting space along with 1,003 rooms, the hotel will offer ample living space while also creating hundreds of jobs in the area.

Owned and operated by White Lodging Services Corp., the Austin Marriott Marquis is projected to generate more than 545 full-time construction jobs over the course of its development. After it