Take a look at Austin leasing and rental statistics for the month of January 2017 below. Highlights include:
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It looks as though the Texas real estate market— and in particular, the Austin real estate market—is going to once again break records in all facets in 2016. The latest reports from the Texas Association of REALTORS® and the Austin Board of REALTORS® show records in both home sales and prices, which could be good news, but it may also cause questions about the future of the market for potential buyers and sellers.
A staggering 247,931 homes were sold across the state in the first three quarters of 2016, with the median home price currently at $214,000 (a seven percent increase from this time last year). These statistics increase when it comes to Austin homes for sale. The median home price in the Austin-Round Rock area is at $279,900 (a 7.7 percent…
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Whether it's the job growth, particularly in the tech sector, or the relatively affordable real estate market, Austin has seen a big increase in new residents recently. In fact, Austin's 19,117 new residents between 2014 and 2015 is the eighth largest increase in population of all U.S. cities with a population of more than 50,000, according to the Austin Business Journal.
The new residents are coming from a variety of places, although in recent years it seems more and more are migrating from California. Recent U.S. Census data shows these residents are, for the most part, settling in areas five different areas ranging from Austin's city center to 30 miles outside the city.
The city center of Austin always seems to be…
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Let's face it, sometimes holiday shopping can be a beast. Crowded malls and tight budgets will often drive a person to madness. Even if you've been smart enough to head out early in the shopping season—and if you're reading this, then chances are you haven't—there's always the difficulty of picking just the right present for those very important people on your list. The trick to a more effective holiday shopping experience is preparedness: it turns out that you'll have a much better time Christmas shopping in Austin by carefully considering the type of people on your list before you head out.
With that in mind, here are just a few of the people you might find on your shopping list this year, along with some helpful suggestions about how you can make…
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Time and time again, Austin has been recognized for the rapid expansion of its tech industry and its booming population. Affectionately called the Silicon Hills, many even speculate that this Texas city is due to be the next Silicon Valley. In fact, a recent article in Forbes named Austin one of the five the most likely cities to take the coveted spot.
The need for a new Tech Mecca stems from the fact that the Silicon Valley real estate market has reached a saturation point. Built along the bustling San Francisco Bay where property is scarce, the average home in Los Altos, CA is valued at $2.3 million. By contrast, the median sale price on the Austin real estate market is a much more modest $216,000 because land is plentiful and new development is…
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As of November 2016, there are 38 skyscrapers being built in downtown Austin. With the downtown core only measuring three square miles, that's a lot of construction in a small area. It's no wonder the city skyline is embellished by a network of construction cranes angled in the sky, the bands of metal that make up their stems and arms crisscrossing higher and higher.
While the majority of these buildings are intended for commercial purposes, eight of these 38 new construction projects are intended to be high-rise condo and apartment buildings.
Located out of view of the State Capitol Building where building heights are restricted, these structures intend to tower high in the sky. Many of them plan to have upwards of twenty or thirty stories.…
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With average winter temperatures in Austin sitting around 17°F, for the most part, preparing for winter is about rotating all of the shorts and tank tops to the back of your closet and bringing all the cozy sweaters and heavy scarves to the front. But once that winter chill sets in, there's no doubt you'll have to do a few things around your Austin home to beat the cold.
Here are four ways to winterize your Austin home:
Drafty windows are a quick and easy way to lose hot air. Especially if your Austin home features plenty of big single-pane picture windows, you can expect to lose a lot of heat to these uninsulated spots in your home.
Fortunately, there are lots of solutions. If you place your hand on the…
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