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Austin, Texas Real Estate Market Update and Statistics November 2014

Friday, November 21st, 2014 at 12:07pm. 98 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. 508 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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Time for an Austin Holiday

Thursday, November 13th, 2014 at 9:10am. 497 Views

austin texas holidaysCelebrate hometown holidays with the Austin Convention and Visitors Bureau’s deals, events, and packages for enjoying the holiday spirit, Austin-style. The Austin CVB has compiled dozens of ways Austinites can immerse themselves in the spirit of the season, while learning even more about the town we love.

Specials include boat rental deals from Austin Sailboat Rentals, discounts on events held at locations such as Iron Cactus and Crave, holiday pricing on select wine cases and bundles at Max’s Wine Dive, and even a coupon for Holy Cacao!

While you’re running around enjoying that Austin shopping vibe, how about stopping to celebrate a little quiet time, with a bed and breakfast package at The Driskill? Or, gift yourself the Winter Wishes Holiday

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Texas Residential Real Estate Set to Achieve Second Best Year Ever

Sunday, October 26th, 2014 at 2:55pm. 1,517 Views

Austin, Texas real estate residential2014 likely will end as the second best year ever in Texas real estate for existing home sales, said a housing market expert with the Real Estate Center at Texas A&M University. It would follow 2013, which is the current “second best year ever” in terms of home sales volume.

Center Research Economist Dr. Jim Gaines said 2013 “was second only to 2006, which was at the height of the housing boom and all the easy financing. And 2013 wasn’t that far off from that. This is going to become the new second best year ever. We are having a really terrific year.”

Recent Multiple Listing Service (MLS) data show sales of existing single-family homes in Texas were 7 percent higher in September 2014 than in September 2013, and 217,690 homes have sold this year,

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Austin, Texas Real Estate Market Update and Statistics October 2014

Wednesday, October 22nd, 2014 at 5:38pm. 378 Views

Home Prices Set September Record, Home Sales Rebound  

austin homes for saleAustin-area median and average home prices both set records for September 2014, with median price increasing eight percent year-over-year to $240,000 and average price increasing seven percent year-over-year to $308,514, the highest figures ever for the month of September. Home sales also had a substantial rebound in September after declining for two months, with a 10 percent gain compared to September 2013 and 2,524 home sales, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®.

“September’s 10 percent increase in home sales, despite ongoing issues in housing affordability, is a testament to the strong population and job growth that the Austin area

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Texas Breaks Jobs Record

Sunday, October 19th, 2014 at 11:21am. 326 Views

Austin jobs unemploymentThe State of Texas set a new record for job creation, with the addition of 36,400 jobs in September, according to data released by the Texas Workforce Commission. This brought the total number of jobs added by employers over a 12-month period to 413,700, the largest gain ever recorded in the Lone Star State.

Additionally, the civilian labor force population topped 13 million for the first time, with 13,005,600 employed, and the unemployment rate dropped to 5.2 percent in September from 5.3 percent in August. In September 2013, the rate was 6.3 percent.

“There’s never been a better time to look for new opportunities in Texas,” said TWC Commissioner Representing Labor Ronny Congleton.

Every major industry in Texas has shown positive annual growth

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330-year-old Texas Shipwreck at the Bullock Museum

Monday, October 13th, 2014 at 6:44pm. 1,111 Views

La Belle shipwreckReady to see history in action? A ship that landed along the Texas coast nearly 330 years ago will be reassembled in the galleries of the Bullock Texas State History Museum beginning October 25, 2014. One of French explorer Robert Cavelier, Sieur de La Salle's ships, the La Belle is “arguably the most important shipwreck in the Western world,” according to the City by the Sea Museum in Palacios. This is because of its age – it sank in 1686 - and its condition, which is remarkably preserved, leaving even items like rope and wood and leather available for study, providing a veritable “time capsule” of European colonization efforts in North America.

An 800-pound keel and 1,100-pound keelson are the largest remains of La Belle. These will form the

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Wildflower Center: Fall is for Planting

Tuesday, September 30th, 2014 at 7:45pm. 1,019 Views

Photo by Philip Hawkins, Lady Bird Johnson Wildflower Center, The University of Texas at Austin.Miss the spring Lady Bird Johnson Wildflower Center plant sale? Fall is actually the best time to plant in central Texas, and on October 11 and 12 the Wildflower Center will have 300 species of native plants, trees, and shrubs for purchase at its twice annual plant sale. A members-only sale will take place on October 10.

Visitors will be able to choose from hundreds of hardy Texas natives bred to thrive with Austin’s climate, and both public sale days will include numerous activities, including tours and book signings. Travis County Master Gardeners also are on the schedule to answer questions.

Expected plants include Chalk Maple, Indigo Bush, Butterflyweed, and Anacacho orchid tree. Plant prices will range from $3 for 6-packs and four-inch plants

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Locavore’s Guide to Austin Farmers’ Markets

Thursday, September 25th, 2014 at 10:21pm. 1,101 Views

Locavore - a person who eats food that is grown, raised, or produced locally, usually within 100 miles of home.

Austin locavoresAustin abounds with opportunities for locavores, from farmers’ markets to community-serviced agriculture to community and home gardens, fresh and local food is only the next meal away.

Looking for a more nutritional-packed punch? Local food usually is fresher, riper, and better-tasting than food that was picked too early or shipped thousands of miles. And, because there is less travel time, there is less of a need for preservatives or processing, both of which can rob food of its nutrient-dense properties.

Plus, when you buy from local farmers, you can ask them about their growing or raising processes: Is this free of chemicals,

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Austin, Texas Real Estate Market Update and Statistics September 2014

Friday, September 19th, 2014 at 11:57am. 2,726 Views

bryker woods homesAnother Dip for Monthly Home Sales Volume

In August 2014, Austin-area home sales declined compared to last year for the second consecutive month, but prices continued to rise. According to the Austin Board of REALTORS® Multiple Listing Service (MLS) report, Austin-area home sales decreased four percent year-over-year in August to 2,835 single-family home sales.

Double Digit Rise for Home Prices, Strong Year

However, the median price for single-family homes jumped 11 percent to $247,500, and the average price rose nine percent to $311,414. In addition, single-family homes sold more quickly, spending an average of 42 days on the market, one day fewer than August 2013. The total dollar volume of single-family properties sold also is up, to

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