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Austin, Texas Real Estate Market Update and Statistics January 2015

Thursday, January 22nd, 2015 at 3:21pm. 191 Views

Austin real estate sales year 2014Austin-area home sales set records for December and for 2014

Austin-area homes sold at a record volume in December 2014 and for 2014 as a whole, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. December sales were 14 percent higher than in December of 2013, with 2,283 single-family homes sold. Yearly sales were two percent higher than in 2013, with 27,768 homes sold. This was the fourth straight year of increases in annual home sales.

“The Austin area experienced a strong, stable housing market in 2014, with year-end 2014 showing similar market conditions to those one year ago,” said ABOR President Barb Cooper. “Last month, the U.S. Census Bureau named Austin the third-fastest growing big city in

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Forbes Names Austin the #1 Best Buy City for Housing In 2015

Tuesday, January 13th, 2015 at 11:18am. 256 Views

Austin homes real estate Austin-Round Rock was named the top city in the nation for real estate investing by Forbes, with Texas cities claiming five of the top ten spots and 25% of the cities overall.

The list “favored those with the strongest population growth,” and Austin’s 3.6% annual job growth rate, according to the latest figures from the Bureau of Labor Statistics, beat the 2% national average. The Austin metro area’s population  expanded by 8.9% between 2010 and 2013. The rankings were based specifically on strong population growth so “the stock of potential tenants for would-be landlords is abundant.”

However, these factors also mean there is increased competition for available homes, and thus upward pressure on home prices. The Forbes article states that while,

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Economists: Austin’s Growth Will Continue

Thursday, January 8th, 2015 at 4:41pm. 583 Views

downtown Austin growthThe main message of prominent economist Angelos Angelou’s 2015-2016 Austin Economic Forecast: Austin’s growth will continue in 2015. In the 30th annual forecast for the Austin area, Angelou Economics reported that Austin's long term concerns for the future are water, affordability, and traffic.

People

Sixty-six thousand people moved to Austin in 2014, a 3.5 percent increase from 2013. The growth rate is expected to be the same in 2015, with about 65,000 new residents. Unemployment is expected to stay below 4 percent. Approximately 39,100 jobs were created in 2014, and over 2015-2016, an additional 69,400 jobs are expected to be added, most in professional and business services. The top growing job industries are predicted to continue to be

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Regent Founder Brian Talley Named Platinum Top 50 Finalist

Wednesday, December 31st, 2014 at 12:09pm. 235 Views

Brian Talley Regent Property GroupRegent Property Group Broker Brian Talley has earned a spot among Austin real estate elite yet again, this time as a finalist in the 2015 Platinum Top 50 awards. The Platinum Top 50 awards recognize residential REALTORS® for overall success – for outstanding achievements in sales, education, industry participation, and civic leadership.

The announcement was made at about the same time as a separate release of the Austin Business Journal Book of Lists, where Talley is listed as the 21st residential real estate agent in Austin based on sales.

“I'm honored and excited to be a Platinum Top 50 finalist this year. I couldn't do it without the loyal support from my friends, customers, family, and my wife Erika,” said Talley. “Thank you all for your loyalty

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Start Your New Year with a Texas State Park Hike

Monday, December 22nd, 2014 at 1:19pm. 779 Views

texas state parks new year hikeGet started on your New Year’s resolution to adopt a healthier lifestyle by heading outdoors to hit the trails January 1, 2015 at one of dozens of Texas state parks hosting “First Day Hikes.” Jan. 1 marks the fourth consecutive year Texas state parks are participating in the First Day Hikes initiative, which is part of America’s State Parks First Day Hikes and is coordinated by the National Association of State Park Directors. Earlier this year, New Year’s Day events attracted more than 1,500 people, covering almost 6,000 trail miles in 59 Texas state parks.

At least 67 Texas state parks have scheduled over 100 First Day events to kick off this New Year. With moderate weather in many locations and ample opportunities to hike – and paddle – state parks,

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Austin, Texas Real Estate Market Update and Statistics December 2014

Friday, December 19th, 2014 at 4:52pm. 518 Views

Austin real estate statistics 2014Austin Real Estate Breaks More Records

In November 2014, Austin home sales and median price reached the highest amounts ever for that month, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. Single-family home sales reached a November high of 1,934 homes sold, an increase of six percent over 2013, and median price reached a November high of $245,000, an increase of 11 percent over November 2013.

The total dollar volume of single-family properties sold in November was $601,903,348, an increase of 12 percent compared to November 2013.

Inventory Continues to Increase Slightly

Austin-area housing inventory rose .1 months compared to last November, to reach a 2.4 month supply. New listings were up five

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Starting January 1, 2015: No Handheld Cell Phone While Driving in Austin

Tuesday, December 16th, 2014 at 2:13pm. 3,145 Views

cell phone ban austinStarting with the New Year, Austin will become a hands-free city, with the implementation of a new ordinance that disallows handheld cell phone and portable electronic usage while driving a motor vehicle or while riding a bicycle.

The Austin City Council adopted the ordinance, adding to previous restrictions that forbade texting while driving or while operating a bicycle, commonly known as the “texting-while-driving” ban.

Fines will be up to $500 for the citable offense, and the City maintains the ordinance will “increase safety by decreasing distracted driving in Austin.” While in a media release the City defined distracted driving as “any activity that could divert a person’s attention away from the primary task of driving,” the ordinance

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Holiday Film Series at the Paramount Theatre

Tuesday, November 25th, 2014 at 4:02pm. 1,328 Views

Paramount Theatre Austin Paul BardagjyRing in the season with classic holiday films on the big screen throughout the month of December at the Paramount Theatre in downtown Austin. With classics such as “It’s a Wonderful Life” and “A Christmas Carol,” all the way to modern movies such as “Elf,” there are movies for everyone to celebrate the season.

All the holiday films screened at the Paramount will be presented in 35mm and will feature new and restored prints. Some of the movies include special events, such as the popular Elf Pub Run.

Tickets for the movies are $12 for adult general entry for online advance purchase and regular admission. “Film fans” will be able to buy tickets the day of the show at the Paramount box office for $7. (Film fans receive discounts all year long and other

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Austin, Texas Real Estate Market Update and Statistics November 2014

Friday, November 21st, 2014 at 12:07pm. 1,487 Views

Austin real estate statistics 2014Austin Home Sales and Prices Set October Records

Austin-area home sales hit an all-time high this October 2014, with 2,403 single-family homes sold, an increase of 16 percent compared to last October and the largest year-over-year increase in home sales to date this year, according to a report released by the Austin Board of Realtors®.

Home prices also set a record for the month of October, with both median and average prices rising 11 percent. Median price reached $240,000, and average price reached $311,028, both the highest October figures ever recorded in the Austin area.

The total dollar volume of single-family properties sold in the Austin area reached $747,400,284 at last count, a total that is 29 percent more than this time last year.

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Go Local with Austin’s Brush Strokes Mobile Pottery Studio

Wednesday, November 19th, 2014 at 11:31am. 1,090 Views

Brush Strokes Austin Looking for a new twist for your holiday traditions? Hand-painted Christmas gifts, ornaments to commemorate a special event, and even plates for Santa’s cookies can be made right at home or with your favorite group, thanks to Austin’s only completely mobile paint-your-own-pottery studio, Brush Strokes Pottery.

Austin resident Courtney Harding founded Brush Strokes after she visited a studio in Boulder, Colorado in 2006 and “fell in love with the quaint atmosphere and nature of the art. My mom is an incredibly talented artist, and growing up we were always surrounded by art and creative thinking. It was like the universe was speaking to me to tap into that creative side and try something a little outside of the box with Brush Strokes. Not being someone

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