Austin Real Estate Links

Real Estate Articles from the Austin Area from Various Sources

• Leander considers changes to TOD
  Nine years after its creation, city leaders rethink zoning uses, size and marketing for development district around train station
• Austin-area home sales up 3 percent in May
  The Central Texas housing market saw another month of higher sales year-over-year in May, while the median price of those sales climbed 8 percent to $249,000, the Austin Board of Realtors said today.
• Austin City Council discusses road project options to add to November rail bond
  Austin City Council is discussing $480 million in road projects, including several on I-35, that could be added to a potential $700 million urban rail bond package that would go before voters Nov. 4.
• Austin contractor leads bidding for 3rd Street project
  Smith Contracting Company Inc. is on deck to be awarded a contract worth up to $4.3 million for the city’s reconstruction of Third Street from Congress Avenue to Guadalupe Street.
• Feds tighten capital rules for big banks
  WASHINGTON — Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown.
• Exclusive: Developer to turn dirt on 'affordable' apartments near South Lamar
  PSW Real Estate is launching into new territory with the construction of a mid-sized apartment complex that will compete against more trendy and expensive developments along South Lamar Boulevard.
• Home starts, sales increase in robust Austin market; demand still outweighs supply
  Demand for housing in Austin is cranking up the velocity of home starts. That’s the assessment of Metrostudy in Austin, which tracks building permits and new home sales data.
• U.S. adds 192,000 jobs in March, unemployment holds at 6.7%
  U.S. employers increased their rate of hiring in March as private sector jobs reached a new record high.
• Entertainment facility plans summer 2014 opening in Buda
  The Dorsett truck stop near I-35 and Main Street in Buda will be getting a radical makeover soon. Darren and Mikki Spohn, owners of Pinballz Arcade in Austin, are planning to make the building the site of their second entertainment facility.
• Austin's economy led nation through recession and recovery, Brookings reports
  The Austin metro area’s economy has been the nation’s top performer through the recession and the recovery, according to a new study by The Brookings Institution.
• Friendswood Development in expansion mode
  Since 1962, Friendswood Development Co. has been creating communities that have become home to generations of residents. This year, Friendswood Development will expand many of its current communities with the opening of new sections, the addition of new b
• High-tech sales centers turn imagination into reality for home, condo buyers
  Step into a sales center at a new real estate project, and you might enter a brightly lit, make-believe world of staggering views and designer interiors — often even before a shovel digs into the ground.
• Baby boomers expected to boost Austin homebuilding sector
  Generations X and Y may drive Austin’s culture, but baby boomers present the best opportunity for homebuilders in the next five years.
• New era of personal power puts Texas at forefront of energy innovation
  This week, GigaOm published ” NRG Wants to be the Apple of Energy, and as Big as SolarCity in Home Solar,” with Katie Fehrenbacher’s story exploring the details of NRG Energy Inc. CEO David Crane’s vision for a new energy paradigm, as presented within NRG
• West Lake Hills hires new city planner
  Ashby Grundman was hired as the new West Lake Hills city planner March 24, replacing Davin Fillpot.
• Austin benefits from multiple providers of gigabit-level Internet service
  A competition to provide Austinites access to gigabit-level Internet speeds is creating options for many residents who previously had only one. Three companies have plans to provide 1-gigabit-per-second access to customers throughout Austin, while a fourt
• Texas House Price Increases
  Home prices in Texas increased in 31 of the past 38 years. The highest rate of appreciation was 17.8 percent in 1981. House prices increased by more than 10 percent in five of those years Texas home prices declined in six of the past 38 years. Four years
• Employment opportunities expand
  Private education, oil and gas, health care and management of companies are among the fastest growing areas of employment in the 12 ZIP codes that unofficially make up the Cy-Fair boundaries.
• Where the new Central Texas Texans live
  The areas most heavily preferred by Central Texas’ new Texans include Round Rock, Pflugerville and West Austin. A Round Rock Census Tract which encompasses the Eagle Ridge subdivision and Ikea claims the largest number of the area’s new Texans, with an es
• Sales of new homes take a hit in February Nationally
  Fewer people bought new U.S. homes in February. Sales fell to their slowest pace in five months, a sign that the housing market has yet to recover fully from brutal winter weather – which is the exact opposite affect found in Austin.
• Senior housing options expand due to growth
  Developers in Cedar Park and Leander are planning and building new senior housing options with varying levels of care, including age-restricted apartments, assisted-living and memory-care communities.
• 550-home development planned for Southeast Austin
  As Central Texas’ housing market continues its rebound, a developer has started construction on a 200-acre community that is expected to bring up to 550 new homes to Southeast Austin, about 2 miles south of Austin-Bergstrom International Airport.
• Austin-area home sales, median price set record for February
  Homes sales and prices in Central Texas reached a record for the month of February, the Austin Board of Realtors said today in its latest report.