December 2009

This lovely home has the views you have been looking for! This is a very large one story in Northwest Hills (4500+ sf). All the bedrooms are oversized, and it has lots of storage space. The home has been very well maintained and cared for. There is a large deck on the back with an enclosed sunroom. Located at 6406 Mesa Drive - Sellers are MOTIVATED!

Asking $725,000 - Call Crystal Guthrie at 512-422-3452 to schedule a showing!

Asking $725,000 - Call Crystal Guthrie at 512-422-3452 to schedule a showing! 

Modern & Sophisticated Travis Heights urban detached condo Home on Big Stacy Park! This new construction home has 250sf of covered patio in back, plus a 200sf balcony w/ tigerwood decking & gas grill connection!  Fantastic penthouse-style floor plan with Living/Kitchen/Dining/Master upstairs - office & guest suite downstairs. The home was also designed so that an elevator can be added if you desire.  The property has dramatic, oversized windows, elegant stained-concrete, indoor rock garden & fountain, strand-woven bamboo floors, high-end fixtures & hardware, and exposed grain custom bamboo cabinets in kitchen & baths.

Only $549,000 - Call Jim Olenbush for a showing 512-825-5712!

 Only $549,000 - Call Jim Olenbush for a showing

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The Wall Street Journal recently conducted a poll to find out where young people are the most likely to go once the economic recovery takes place - and Austin managed to land in the number five position.

To determine its rankings, the Journal called upon the expertise of a wide range of professionals, including economists and demographers. The experts were asked to determine which areas would be the most attractive to young professionals based on a number of factors. While Austin faired well in terms of unemployment as well as its median household income, the capital city didn't compare quite as well as the other cities on the top ten list when it came to education. In fact, only 41.8% of Austin's residents between the ages of 25 and 35 hold a bachelor's…

According to Mark Dotzour, who is the director of Texas A&M University's Real Estate Center, it looks as if the state of Texas may have reached the bottom of its housing market a few months back. As such, he is ready to proclaim the inventory of homes through Texas - both unsold new homes and existing homes - are in a promising position.

“I feel now is the time to buy a house in most Texas cities,” said Dotzour through RECON, which is the center’s online newsletter “Housing affordability has never been higher, and I never thought I would see 5 percent mortgages in my lifetime. If you plan to live in the house for at least two or three years, now is the time to buy.”

Dotzour isn't the only one who sees a positive upswing in the economy's future. In fact,

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It certainly isn't uncommon to hear Austinites complain about the traffic they experience while traversing the city. But, according to a report recently released by the Texas Department of Transportation, Austin does not rank at the top of the list of congested traffic areas throughout the state. In fact, within its list of the top 100 most congested roadways in the State, downtown's Austin’s I-35 was ranked at number 26. Highways and interstates running through Houston, Dallas and San Antonio, on the other hand, were listed far ahead of Austin's I-35.

I-35 wasn't the only Austin highway to make the list. MoPac between US Highway 290 and US Highway 183 also made the list, ranking in at 44th. US183 from Mopac through to I-35 was also listed, coming in at

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