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Austin Real Estate Market News May 2015

Posted on June 30, 2015  /  in Blog, Newsletters  /  No Comments

Though single-family home sales dipped two percent from April to May 2015, median home prices rose nine percent, to $271,000, from May 2014 according to the Austin Board of REALTORS®.  Get more statistics from ABOR’s Austin Area May 2015 Housing Statistics here.

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2015 Austin Area July 4th Celebrations

Posted on June 30, 2015  /  in Blog, Newsletters  /  No Comments

After a one-year stint at Circuit of the Americas, the 39th Annual Austin Symphony H-E-B July 4th Concert and Fireworks returns to Central Austin.  This year the event will take place at Lady Bird Lake at Vic Mathias Shores (formerly Auditorium Shores). Admission is free, with the concert starting at 8:30 pm and fireworks at […]

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Austin Monthly’s Top Neighborhoods in 2015

Posted on June 30, 2015  /  in Blog, Newsletters  /  No Comments

In their July 2015 issue, Austin Monthly covers Austin’s top 10 real estate hot spots, and Northwest Hills has been named No. 1. According to the article, the neighborhood’s median home price has risen 38 percent from last year, with homes averaging a mere 33 days on the market. Austin Monthly writes, “Known for its […]

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Lower Property Taxes Coming for Austin?

Posted on May 26, 2015  /  in Blog, Newsletters  /  No Comments

Austin City Council members must decide by June 4th whether to approve nearly $23 million in potential budget cuts – which includes cutting 156 positions – in order to increase Austin’s homestead exemption rate.  Marc Ott, Austin’s City Manager, asked each of the city’s departments to identify five percent in cuts to their current budgets.  Austin Mayor […]

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April 2015 MLS Statistics

Posted on May 26, 2015  /  in Blog, Newsletters  /  No Comments

April 2015 produced another record-setting month for the Austin-area housing market.  The median home price increased 14 percent year-over-year!  Read more from Austin Board of REALTORS® here.

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Austin Area March 2015 Housing Statistics

Posted on April 29, 2015  /  in Newsletters  /  No Comments

*Source: Austin Board of REALTORS® Here are the lasting housing trends: 2,440 – Single-family homes sold, 13 percent more than March 2014. 10% higher – Median price for single-family homes 10 percent more than March 2014. 13% higher – Average price for single-family homes, 13 percent more than March 2014. 55 – Average number of days single-family homes spent […]

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The Independent is Changing Austin’s Skyline

Posted on April 26, 2015  /  in Newsletters  /  No Comments

  Located at the northeast corner of West Third Street and West Avenue, The Independent will be a $300 million white Jenga-like condominium tower.  The project is a continuation of the redevelopment of the area around the Seaholm Power Plant and the Green Water Treatment Center. The Independent is projected to be 950,000 square feet. […]

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