As of October 2012, we have seen 17 months of year-over-year growth. Even in Austin, the past few years have been challenging but there is every reason to believe that 2013 will be a solid year in Austin real estate. Not all homes in all neighborhoods will be affected the same way, so consult a real estate professional about your specific situation. Continue reading
Lake Travis and Lake Buchanan are holding 849,000 acre-feet of supply. We used 880,000 acre-feet in 2011. See the problem? The State Water Plan must be funded. Please contact your representatives. Continue reading
Help to advocate these changes now — talk to friends and business acquaintances, and most importantly contact your representatives in Congress. These changes are needed this year! Continue reading
I am genuinely encouraged by the trend shown by the Case Shiller indices and I hope and believe that the recovery will gain real traction this time. Continue reading
One man’s opinion about the best restaurants in a “restaurant-rich” city … Continue reading
As with most of this market recovery, Austin gained momentum ahead of most other cities. Single family permits are up a healthy 30% compared to the same time last year, but the 5+ Family segment is already almost 70% ahead of last year’s 12-month total! Continue reading
Looking at all sales adds high and low price extremes that were not in the sample a few days ago of sales near $200,000. This data shows even more clearly the huge variations around the metro area — Sold Price/SF in today’s sample ranges from $13 to $992! Continue reading
Almost 2800 square feet on 1/4 acre, built in 2010! Must see! Continue reading
A few days ago the Austin Chamber Of Commerce published a very good summary of employment and unemployment in the Austin area … worth reading. Continue reading
I am often asked, “What’s the average price per square foot in Austin?” Here’s the REAL answer! Continue reading