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Austin, TX Real Estate News

By Les Sherman, ABR, CRS, CNE
(Re/Max Austin Associates)
The Circle C  Ranch is a Neighborhood in Southwest Austin is a large, master-planned community located in the rolling hills. This unique neighborhood allows you to escape the hustle and bustle of the city while offering a short commute downtown.  Circle C Ranch was established in 1988. This wonderful neighborhood boasts scenic views, affordable homes and is located adjacent to the popular Lady Bird Johnson Wildflower Center.Circle C Ranch Amenities This Austin Neighborhood offers a number of amenities for a better quality of life including:Tennis CourtsSwimming Center (Try swimming, scuba and snorkeling classes!)Circle C Golf ClubCircle C Child Development CenterHighly Rated SchoolsNearby Shopping & RestaurantsCircle C Ranch HomesCircle C offers homes that are affordably priced. More Au...
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By Kathleen Wainwright
(RE/MAX Capital City)
Effective on February 18, 2008 - FHA mortgage limits will increase in: The AUSTIN-ROUND ROCK, TX MSA affecting teh Texas Counties of BASTROP, CALDWELL, HAYS, TRAVIS, AND WILLIAMSON. #UNITS:  CURRENT    -     PENDING1 Unit:    $200,160    -    $218,5952 Unit:    $256,248    -    $256,2483 Unit:    $309,744    -    $309,7444 Unit:    $384,936    -    $384,936The above limits will become effective on February 18, 2008 and may be subject to change. To view the new limits on February 18, 2008 please visit:  https://entp.hud.gov/idapp/huml/hicostlook.cfm 
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One of Austin’s oldest areas is the Old West Austin neighborhood of Clarksville. Its central location, between Lady Bird Lake and Enfield, and Lamar and Mopac, makes it highly popular with those looking to live in town, without having to go the downtown condo route. Where Clarksville sits now was once part of the plantation owned by Texas governor Elisha M. Pease. At the end of the Civil war, it is said that Pease sectioned of a part of his land for his emancipated slaves, in hopes they would live nearby and continue working for him. Clarksville was founded in 1871 by freedman Charles Clark, who built a house on what is now West 10th street. Clark subdivided his land among other freedmen from the Pease plantation and elsewhere, and Clarksville became recognized in the National Register ...
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By Jessica Bruehl
(JKB Realty Group)
Austin continues to be on all the top economists' Top 10 Best Performing markets in the country.  At #7 in the country, the Austin-Round Rock Metroplex is still enjoying a 9% average appreciation rate, approximately 50,000 new Austinites in 2007 and one of the lowest unemployment rates in the country.   With builders cutting back as a result of the hit they are taking in other states and the high number of new members in our community, rental rates are primed to increase and the rental shortages we experienced in the late ‘90's are on their way back.   Meaning, buy, buy, buy investment properties!  Here are some easy cost effective ideas: turn your current home into a rental property and buy a new home for yourself, buy a condo for your college age kids, elderly parents or any other "gu...
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By Dee Copeland, Principal Broker
(Copeland Group Realty)
Let's take a stroll along East Riverside Drive in Southeast Austin, Texas for a mini site-seeing tour of present-day Austin. Picture yourself walking by my side as I describe the sites, sounds, and ambiance of the area.Our tour begins on Riverside Drive, just East of IH35, as we head towards South Lake Shore Boulevard overlooking popular Town Lake. There aren't many homes on the street, because it's mostly a commercial corridor, but that's ok because the fumes from cars whizzing by has us lightheaded. ...the streets are a little grimy, but that's ok. I'll protect you while picking up litter along the way. The sweet smell of pizza, tacos, and "fried stuff" fills the air as we pass by the Capmetro bus stops taking students to campus. A newspaper blows down the street. You catch one of the...
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By Perry Henderson, Your Austin REALTOR
(The Perry Henderson Group at Berkshire Hathaway Texas Realty)
Unique and unprecedented Austin real estate.Luxury high-rise condominium homes for sale atop the Hilton Austin downtown. Contemporary and timeless architecture. Elite services and amenities. A one-of-a-kind living experience in the heart of the city...high above it all.Call me and I'll send you pictures and baths of the competing condo projects to compare with this one.  
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By Perry Henderson, Your Austin REALTOR
(The Perry Henderson Group at Berkshire Hathaway Texas Realty)
Unique and unprecedented Austin real estate.Luxury high-rise condominium homes for sale atop the Hilton Austin downtown. Contemporary and timeless architecture. Elite services and amenities. A one-of-a-kind living experience in the heart of the city...high above it all.Check out other pictures and baths of the competing condo projects that compare with this one at www.perryhenderson.com 
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By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
  Get ready to Jam! I have a Brilliant plan! Why don't you pop down to Austin for some great food, fun and Live Music.Bob Schneider Terri Hendrix Blu Sanders Let's have lunch at Bess Bistro Bess Bistro on Pecan500 W. Sixth, 477-2377 Lunch: Monday-Saturday, 11am-4pm; Dinner: Monday-Thursday, 5-10pm; Friday-Saturday, 5-11pmwww.bessbistro.com Bess Bistro is located in the basement of the historic Stratford Arms building, which has been lovingly restored over the past four years. The original columns, arches, iron railings, and old timber have been carefully preserved. They are enhanced by etched glass, antique mirrors, custom tiles, and an impressive pewter bar, custom-made in France. Ms. Bullock herself (Sandy, to her staff) is responsible for the design and decor of the space, and it sho...
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By Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653)
(Austin Texas Homes, LLC)
I did some research on private golf courses in the general Austin area, and I honestly had no idea how many courses there were around here, not to mention driving ranges.  There are over 60 courses total in this area (both private and public included), which means that there is one golf course serving every 23,000 people (including children).  Not too shabby. I haven't had the opportunity to play any of these particular courses, probably because I am not really a spectacular golfer, so I haven't felt compelled to purchase a private club membership.  However, there are MANY great options available in and around the area, as you can see below. This is as complete a list as I could compile, and I intend to edit this to include any that I come across that I may have missed.  Please feel fre...
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By Paul Perez, TAHS
(Casa Grande Realty)
A few days ago I finished my last module to become an Affordable Housing Specialist. There are all kinds of programs out there to help almost anyone get a place to call home. There is a program here in Texas that will contribute 5% of the price of the home to help pay for down payments and closing costs. This program is a grant and does NOT have to be paid back.Can you believe that there is also a program that requires you to be denied from other lenders in order to qualify for up to 105% of the cost of a home. In other words, there can be NO Down Payment! Over the next few posts I will show you the programs and where to go to for more information. Not overlooking out vets, the Texas Vet program offers our Vets a great opportunity to borrow upwards of 400k for a home with interest rates...
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By Ki Gray, Austin Real Estate
Though Austin is known for being the live music capital of the world, and home to the Texas government, today Austin’s art scene is on the rise with different art collectives and galleries popping up around town. Many of these studios are manned by recent graduates of UT’s studio arts program, giving them a reason to stay in Austin after graduation. Downtown Austin has recently gained some very classy, upscale galleries. The Lora Reynolds gallery opened in 2005, with an Andy Warhol exhibition of trial proofs and unpublished prints, dating from 1974 to 1986. Recently, they featured a collection of paintings from young Eastern European artists, establishing the Lora Reynolds gallery as the first commercial gallery in Austin with an international program. Not far from the Reynolds gallery ...
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By Michael Hebert
(Constellation Property Group)
Im looking to hear from other agents and buyers/sellers that might be considering a fantastic opportunity for appreciation in the Austin area. This project is like no other and simply put, ULTRA-MODERN CONTEMPORARY with UNOBSTRUCTABLE VIEWS OF DOWNTOWN!  With ammenities like a water taxi to and from downtown, direct access to Lady Bird Lake, and the HIKE AND BIKE TRAIL, why select any other urban residence around?Contact me with your thoughts about what Austin is thinking when they hear about such a project with such a location.  Are we missing anything?  Help me out here! Have an OUTSTANDING DAY!
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By Jeff Kessler, Broker,CLHMS,GRI
(Austin Homes, Realtors www.OwnAustin.com)
Well I am not sure about the other parts of the country, but here in Austin Texas things are going pretty good.  Austin often ranks high in lists of cities on economic vitality, quality of life and other factors. The city can add another No. 1 ranking to its collection, thanks to Forbes magazine, which says Austin has the fastest-growing economy among 100 large metro areas.     Austin Texas Median Home Prices.                             ** Are Condos only
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By Jeff Kessler, Broker,CLHMS,GRI
(Austin Homes, Realtors www.OwnAustin.com)
No. 1 from Forbes magazine Austin often ranks high in lists of cities on economic vitality, quality of life and other factors. The city can add another No. 1 ranking to its collection, thanks to Forbes magazine, which says Austin has the fastest-growing economy among 100 large metro areas. The magazine said Austin's gross domestic product will grow 32 percent from 2007 to 2012, with a 15 percent population growth. The usual factors were at play: a strong tech employment base, a steady stream of talent from the University of Texas, and a thriving music and film industry to bolster the city's reputation as a haven for creative types. Get up to 5% cash back on a new home in Texas see http://www.rebateontexashomes.com for more info.J. 
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By Alan Kirkpatrick, Alan in Austin
(Austin Texas Homes)
 Have you been wondering if you could do better as the Employer rather than the Employee? Whenever the economy goes through a difficult season, there are layoffs, cutbacks and hire freezings in the jobs market. While companies worry about their bottom line, hard working employees worry about how much longer they will hang onto their jobs. Have you thought about looking into owning your own business? A great way to take control of your personal economy is to buy a small business. A small business that has been managed well and has a good reputation with its clients can be a very dependable source of income even in a difficult economy.Below are a few business opportunities in the Austin Texas area. If you want a closer look you can contact me and I will get you some detailed information. ...
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By Ki Gray, Austin Real Estate
The statistics are out for the Austin real estate market for December 2007. The basics are that the Austin market has been moving slower over the last few months.  Compared to last year we saw the number of active properties on the market increase by 21 percent.  Also when we break out the different submarkets of the Austin real estate market the suburbs are doing worse compared to central Austin.  This makes sense considering the laws of supply and demand.  The supply of homes in central Austin is fixed and the supply of homes in the suburbs is increasing.  Ki lives in Austin and runs a site where people can search for homes in the Austin real estate market.  When he is not blogging here he is writing on his Austin real estate blog.
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For awhile I have been saying that homes in the Central Austin real estate tend to appreciate faster than the outlying areas of Austin. The below image does a good job of graphically illustrating this point. http://www.escapesomewhere.com/blogim/mls-map.JPG The areas in green are the mls areas of Austin that appreciated over 10 percent over the last year. Its pretty easy to see a pattern. The areas close to downtown Austin are mostly green. The areas farther out are mostly not green. When you consider buying a home in Austin this is a good thing to keep in mind. Ki lives and works in Austin. He runs a site about Austin real estate which provides information for prospective home buyers such as a search for Austin Homes along with a Austin real estate blog.
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By Ki Gray, Austin Real Estate
Austin has been known for its individuality for decades. Though the chain stores and restaurants are slowly creeping their way in from the edges of Austin’s sprawl, still many independently owned shops blanket the heart of the city. Coffee shops in Austin truly capture the essence of what the city is known for- a friendly, laid back atmosphere, where one can feel a sense of community by joining their friends or making some new ones. As Austin is a college town, coffee businesses thrive around the university, keeping students alert while cramming for upcoming exams. Though Quackenbush’s held court on the Drag directly across from UT, they relocated with a slight reincarnation in the heart of Hyde Park with Quack’s 43rd Street Bakery. Hyde Park is home to a large student population who en...
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By Shay Hargus Webb
(Austin Avenue Real Estate Company)
Austin is famous for its Sixth Street and South Congress Avenue so I thought I would give you a brief introduction to some of our famous streets which offer entertainment and more.   This week I will begin with Sixth Street, my next blog will be about ... well, you'll just have to come back and see what street will be featured (even I don't know for sure!).   Sixth Street -  Austin's entertainment district. Internationally famous Sixth Street is comprised of about 7 blocks (about a half-mile stretch between Congress and IH 35).  The street sees hundreds of thousands of people each year, some local, some from the suburbs, some UT students, some from across the nation and some from around the world, all adding up to a wonderful mix of interesting people.   Live original music is what made...
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There's something new landing at St. David's North Austin Medical Center and its promising faster medical care assistance. It's not a bird or a plane, but it could save the lives of those in the smaller communities outside of Austin. St. David's has a brand new helipad."What it means, is when we bring a patient to them, they'll have almost immediate access," Dave Wuertz a flight nurse said. A heart patient has a limited amount of time when they have a heart attack and Wuertz said that "time is muscle.""The shorter the time frame from when the person loses the blood supply to their heart, to the time when they get into the [hospital], the better they are," he said.And with the introduction of St. David's new helipad, emergency services hope to provide more and better medical assistance. ...
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