Austin Real Estate Blog

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

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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

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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

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Due to triple digit heat coupled with lack of rain, the city of Austin plans to move to Stage 2 water restrictions starting September 6. These new guidelines will make it even more difficult for residents who are trying to keep their lawns and other plant life alive.

Under the new guidelines, residents will only be able to water their lawns once per week and on designated days. While hand-watering will be allowed at any time, the use of sprinkler systems will only be allowed before 10:00 a.m. and after 7:00 p.m. Other restrictions included in State 2 are:

•    Vehicles can only be washed on designated days and must be washed before 10:00 a.m.
•    No washing of driveways, sidewalks, parking areas or other paved areas
•    No water is to be served at a

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According to Newsweek magazine, the “Texaplex” of Austin, San Antonio, Dallas and Houston is among the top ten regions in the country in terms of being poised for an economic recovery. This is largely due to the fact that the Texas metros have a strong energy sector as well as a strong entrepreneurial spirit.

In addition to having a strong energy sector, the Newsweek article found that the state of Texas is also an attractive market for those businesses that are looking for a place to relocate. This was largely due to the fact that the state has a “pro-business attitude” as well as a business tax rate that is relatively low when compared to other states. For these reasons and more, Texas now has more Fortune 500 companies than any other state in the

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A report recently released by Allied Van Lines found that Texas passed all of the other states in the country when it came to net relocation gains last year. As such, 2010 represents the sixth year in a row that the Lone Star State has been at the top of the list.

According to the data collected by Allied Van Lines, Texas experienced a net total of 1,640 moves between January and November 2010. This figure is derived by calculating the number of people moving into the state and then subtracting the number of people who move out of the state with Allied Van Lines’ services.

Although these figures do represent a drop when compared to 2009, at which time Texas has 2,000 net moves, the state still had a significantly larger net number of moves than its

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A recent report issued by BBVA Compass bank has determined that Texas is poised to lead the country to its economic recovery.

There are many reasons why the Lone Star State is in position to lead the country toward recovery, with oil prices being among them. Other reasons include the fact that the state has enjoyed a relatively stable housing market as well as limited fiscal challenges. The state has also continued to add private jobs to its market while its exports, particularly coal and petroleum products, have remained strong. In short, Texas has managed to remain relatively positive while most states have experienced a decline in growth.

According to the report, Texas is likely to enjoy a 2.8 percent growth in its gross domestic product this year.

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A recent survey conducted by Relocation.com found that a growing number of Americans are deciding to make the move to Texas. In fact, Texas knocked California out of the top position in terms of the most popular places for Americans to move to. In all, the Website found that the number of people who were interested in moving to Texas jumped by 50 percent when comparing the results of the survey taken in February 2011 to June 2010.

In order to come to these conclusions, Relocation.com surveyed a total of 1,000 people as part of an ongoing survey process that started in March 2009. According to officials from the Website, there are several reasons why Texas has become a popular option for Americans who are interested in moving. The two biggest reasons,

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After years of hard work to bring Formula One to Austin and months spent developing the plan for the track and its facilities, the project received final approval in January. As expected, the final plan will involve far more than just a 3.4 mile track. In addition to the numerous attractions that will be included within the $250 million facility, project developers will also be building a private substation for Austin Energy as part of the plan.

With all of the county and city permits properly in place, construction can no w begin on the project. Already, soil testing has reportedly been started and the equipment is in place to get the project started. With a required completion date of mid-2012, there is no time to spare in getting the projected

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3100 Lating Stream, Austin - $974,900

4 Bed, 4 Bath, 4,116 sqft. per tax records

Westview On Lake Austin / River Oaks

Located in a gated community with one of the lowest tax rates in the city. Privately situated in the back of a cul-de-sac facing the heavily wooded greenbelt. This home offers extraordinary outdoor living space with an expansive flag stone patio, heated pool and spa right off the master bedroom, outdoor speakers and plenty of yard for the kids to play. This gated, family oriented community is minutes to downtown and located in the most sought after school district in Austin. Seller is willing to sell fully furnished.

To schedule a showing contact Crystal Guthrie at 512-422-3452

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To schedule a showing contact Crystal Guthrie

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