April 2017

Found 6 blog entries for April 2017.

Here's a look at Austin's real estate MLS® sold data for March 2017!

Some of the highlights for March include:

  • 16% increase in available Austin homes for sale since March 2016
  • 6,711 homes were sold in the month of March 2017
  • Demand for Austin real estate is up 4%

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San Antonio Skyline

San Antonio, Texas is one of America's fastest growing metropolises, estimated to reach another 1 million in population by 2040. Such expedited growth in the last 10 years has inspired the city of San Antonio to execute a series of long-term visions, meeting the needs of those wishing to thrive in an efficiently planned Texas city. Prevalent job security and sturdy local economies have encouraged millennials to invest and start their families in the charming city of San Antonio. Consequently, there are nearly 30 new developments in San Antonio, bringing forward its understated potential, where neighboring cities will contend with.

Let's take a look at some remarkable new developments in San Antonio.

Essex Modern City: 8 Acres of Opportunity

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Texas Names Number One State For Corporate Expansion In 2016

Once again Texas ranks as the number one state for corporate expansion by Site Selection Magazine. Texas is the 2016 Governor's Cup winner for the most qualified projects of any US state. Site Selection, published by Conway Inc., is the senior publication in the corporate real estate and economic development fields. This magazine has been in existence for over 63 years and has awarded the Governor's Cup annually since 1988. The focus is on new corporate facility projects, including headquarters, manufacturing plants, R&D operations and logistics sites. Site Selection defines a qualified project as one that meets one or more of the following criteria:

  • Involves a minimum of $1 million in capital investment
  • Creates 20 or more new jobs
  • Adds
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Here's a look at Austin's leasing and rental statistics for the month of April 2017. Highlights include:

  • Homes rented through JB Goodwin spent an average of 6 days less on the market
  • Total number of properties leased increased by 56%
  • The median Austin rental price per month is $1,575 or $1.33 per square foot


Austin Leasing Stats For April 2017

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Important Tax Saving Tips for Home owners

The tax filing deadline is quickly approaching. If you own a home, here are some important residential tax saving incentives you should not miss:

Residential Energy Tax Credits

  • Residential Energy Efficient Property Credit - Taxpayers may take credit up to 30% of qualified solar, wind, geothermal and fuel cell property improvements. This includes labor costs to assemble, build, and connect the equipment. The credit is capped at $500 per one-half kilowatt of capacity purchased.
     
  • Non-Business Energy Property Credit - Taxpayers may take credit for 10% of the qualifying costs to improve energy-efficiency for non-business property. Qualified improvements include adding insulation, energy-efficient windows/doors, or energy-efficient heaters and
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Austin Names One Of The Most Affordable Rental Markets For 2017

Austin has been getting a lot of attention recently for its incredible food, outstanding live music, growing tech sector, and "weird" culture. The city has been featured on a variety of top 10 lists across the country, including best place live, best place to retire, as well as most affordable place to live.

Most recently the Austin rental market was voted as the fifth most affordable in the U.S., based on the average percent of monthly income spent on housing. The survey, conducted by a property management software company called AppFolio, found that Austinites only spend approximately 23 percent of their monthly income while renters in New York and Miami spend 50 percent, making these the two most expensive cities to rent in in the nation.

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