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Real Estate Blog

Austin-Round Rock Fastest Growing Metro in Texas

Monday, April 13th, 2015 at 11:10am. 483 Views

Austin homes populationThe Austin-Round Rock metropolitan area grew by three percent between July 2013 and July 2014, making it the fastest growing metro area in Texas and the third fastest growing in the United States, according to the United States Census Bureau.

The estimated population for the Austin-Round Rock area is now 1,943,299, about 57,500 more than the last estimated period. This is an over 13 percent increase in the area’s population in the last five years.

Four Texas metro areas were among the nation's 20 fastest growing by percent change. Austin-Round Rock was followed by Odessa at fourth, Midland at ninth, and Houston at 11th. Harris County, which contains Houston, added more people than any other county in the nation, at 89,000. Houston-The

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Back Home to Austin: Willie Nelson's 4th of July Picnic

Tuesday, March 31st, 2015 at 10:31pm. 823 Views

fourth of july austinFor the first time in five years, Willie Nelson's 4th of July Picnic will return to Austin, Texas. The 42nd edition of the all-day event will take place Saturday, July 4th at Circuit of The Americas' Austin360 Amphitheater. The picnic will include a fireworks display to celebrate America's birthday.

"The first 4th of July picnic was outside Austin at Dripping Springs, Texas," said Nelson. "I got the idea from Woodstock about how music could bring people from different places together. I had just moved to Austin and had come to realize what a great music center it was and could be. I thought it would be a nice idea to, this year have it back in Austin, but at a more comfortable venue for the fans AND the pickers.”

The event will feature performances

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Largest Group of Home Buyers? Millennials

Tuesday, March 31st, 2015 at 4:29pm. 210 Views

millennial homebuyers austinThe millennial generation, those ages 34 and younger, was the largest group of recent homebuyers, according to the 2015 National Association of Realtors® Home Buyer and Seller Generational Trends study. This is the second year millennials have garnered the largest percentage, 32 percent, which was one percent higher than the previous 12-month period. Generation X, those ages 35-49, was a close second with 27 percent.

“Many millennials have endured underemployment and subpar wage growth, and rising rents and repaying student debt have made it very difficult to save for a down payment. For some, even forming households of their own has been a challenge,” said NAR chief economist Lawrence Yun. However, “Fixed monthly payments and the long-term financial

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Austin Home Sales and Prices Break February Records

Saturday, March 21st, 2015 at 10:00am. 301 Views

Enfield homes AustinAustin-area home sales and prices both broke records in February, continuing a trend for 2014-2015. A Multiple Listing Service (MLS) report released by the Austin Board of REALTORS® showed that 1,775 single-family homes sold in February 2015, which resulted in a five percent increase compared to February 2014 and the highest number of homes ever sold for that month.

Many REALTORS® have been seeing increased competition among buyers for Austin’s listings, with homes in the most popular areas and neighborhoods going under contract at or over list price within a few days of listing. As Austin enters the most active period of the year for home sales, this same influence looks to be in place for a busy spring-summer.

Prices

Along with rising sales,

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Regent Property Group Releases Austin Home Search App

Tuesday, March 10th, 2015 at 5:07pm. 381 Views

Austin home search App Regent Property GroupAustin real estate brokerage Regent Property Group has released a new Austin home search real estate App, designed to let you search for available homes in the Austin market from the palm of your hand. Created for iOs mobile devices, this user-friendly and free App can be downloaded at your online App store by entering, “Regent Property Group,” and then clicking through to complete the process.

Austin home search App Regent Property Group Using your mobile Apple device, the Regent App is as simple as click-and-view. You can search for homes while you’re on-the-go and even use your location to discover nearby listings. Driving through a neighborhood you love? Let the App tell you what active listings are nearby! Have a group of “favorites?” The Regent App will help you keep track of your favorite

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Austin’s Wealthy Zip Codes

Tuesday, February 24th, 2015 at 9:52am. 1,766 Views

Circle C homesAreas with the highest median home values don’t necessarily correlate with the highest home wealth, this according to mapping company ESRI, whose recent research into the financial demographics of Austin, Texas zip codes was reported by the Austin Business Journal.

Austin's "wealthiest ZIP code" was not, for example, the upscale 78746 area of Westlake Hills and Rollingwood or even central Austin’s historic Tarrytown, but rather the south Austin zip code of 78739. 78746, with its median home value of $712,704, ranked second for wealth. 78732, 78737, and 78738 round out the top five.

The zip code of 78739 has a population of 18,352, with 5,823 households. The average household income is $159,738, the average net worth is $1,688,505, the average

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Austin, Texas Real Estate Market Update and Statistics February 2015

Friday, February 20th, 2015 at 4:31pm. 854 Views

Austin Home Prices Hit All-Time January High


southwest Austin homes2015 is off to a strong start for the Austin-area housing market. Single-family home prices reached all-time highs for the month of January, according to an Austin Board of REALTORS® report based on data from the Multiple Listing Service (MLS.) Home sales also posted double digit increases.

Prices

The median price for Austin-area homes increased 13 percent year-over-year to $240,000, with the average price increasing 14 percent to $310,187. This January 2015 home price increase is the highest year-over-year increase since September 2013.

In January, 1,547 single-family homes were sold, 11 percent more than January 2014. Fifty-four percent were in the $200k-$500k price range, and 35 percent sold

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“Must-Have” Amenities for Today’s Home Buyers

Friday, February 20th, 2015 at 11:40am. 709 Views

Austin homesThe National Association of Home Builders conducted a study to determine the household features developers expect to most frequently include in new construction homes. This also can be an indication of what homeowners who are remodeling can be expected to want and include. Here are the highlights from a Main Street article on the study:

Master bedroom walk-in closet

A walk-in closet in the master bedroom ranked the number one most desired item in the survey.

Laundry rooms

Today’s state-of-the-art laundry rooms can have skylights, clothes folding areas, and modern features compared to laundry rooms of yore, with “basically the ability to do pretty much everything but fold the laundry and put it away for you,” said Stephen Melman of NAHB.

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Go Local Spotlight: Young Austinite Creates BeeSweet Lemonade

Thursday, February 12th, 2015 at 11:48am. 2,406 Views

BeeSweet Lemonade AustinAustin is buzzing with a variety of social entrepreneurs, but not many of them are pre-teens. Meet Mikaila Ulmer, a social entrepreneur, bee ambassador, and creator of the BeeSweet Lemonade line sold at Whole Foods Market, TOMS, Peoples Rx, East Side Pies, Barton Hills Market, The Natural Gardener, and more.

At only ten years old, Ulmer has created a popular lemonade that not only tastes sweet, but helps save honeybees. Sweetened with local honey and flavored with organic flaxseed and local organic mint, Ulmer donates a portion of the profits from her lemonade to organizations such as Heifer International, Texas Beekeepers Association, and Sustainable Food Center. Her slogan: Buy a Bottle … Save a Bee.

How did this young entrepreneur get her start?

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Lake Austin Spa Resort Offers Cooking School with Celebrity Chefs

Thursday, January 29th, 2015 at 3:49pm. 1,647 Views

Lake Austin Spa CookingThe Lake Austin Spa Resort announced it will begin offering intimate weeklong cooking programs featuring celebrity chefs, including renowned restaurateurs, cookbook authors, James Beard Award winners, and acclaimed television personalities.

For 2015, star chefs include Food & Wine magazine Special Projects Director and author Gail Simmons; “Top Chef” contestant Angelo Sosa; The New York Times Chief Wine Critic Eric Asimov; James Beard Award-winning Chef and “Top Chef” notable Hugh Acheson; and founding Food Network personality Sara Moulton, among others. The Lake Austin Culinary Experience ™ program will be offered one week of every month and also will feature the resort's own Executive Chef Stéphane Beaucamp, who began his culinary training in Paris,

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