Wednesday, February 6th, 2019 at 11:10am. 2,527 Views, 0 Comments.
In real estate circles, it’s all about “location, location, location.” The same could be said for landing a job. And a new study ranks Austin among the best locations in the U.S. to hunt for work.
The study, conducted by personal finance website WalletHub, places Austin among the top 20 cities in the country. To determine the strongest local job markets in the U.S., WalletHub compared more than 180 cities across 30 key metrics, including availability of jobs, employment growth, and monthly average starting salary.
The data for each city in the study falls into two buckets: job market and socioeconomics. Austin, a perennial favorite on lists of the best places for jobs, appears at No. 16 in the WalletHub ranking. The Capital City comes in at No. 17…
Monday, January 21st, 2019 at 10:57am. 1,849 Views, 0 Comments.
It’s no secret that Austin is one of the hottest real estate markets in the country, and the area boasts myriad attractive neighborhoods for prospective homebuyers with different budgets.
So which ones are on track to be the hottest this year? For its Hottest Neighborhoods of 2019 list, real estate website Redfin determined the three hottest neighborhoods in many of the largest metro areas in the U.S., based on Redfin user data and agent insights from November 2018.
The neighborhoods below are poised to become “some of the most desirable places in the country in the coming year,” according to Redfin. The site measured metrics such as median sale price in the area compared to metro median, number of days on market, and percent that sold…
Tuesday, January 8th, 2019 at 11:03am. 1,357 Views, 0 Comments.
On any given night during 2018, some 552,830 Americans nationwide experienced homelessness, according to a recent report by the U.S. Department of Housing and Urban Development. That's a tragic statistic, but it's only a slight increase—just 0.3 percent—over 2017. A decade-long trend shows a more positive outlook; overall, homelessness has declined by 13 percent since 2010. An innovative “housing-first” approach, which recognizes the importance of stable housing first and foremost, is partly responsible for the improvement.
While the people experiencing homelessness are, of course, a diverse group, some fundamental needs are shared. Creating a sense of security, privacy, and dignity is always necessary, says Jill Pable, a professor in Florida State…
Tuesday, January 5th, 2016 at 11:04am. 7,846 Views, 0 Comments.
To start the new year, here's a great economic forecast from our friend Mark Sprague, The State Director of Information Capital for Independence Title. This excerpt is specific to Austin; click here to read the entire article.
"...Austin is the last major Texas metro that we will address. Austin cannot continue to grow West due to geography, road infrastructure, and environmental concerns. Do we move east, north or south? Recruitment of new business and organic local growth will be the driver of our city’s economy for the foreseeable future.
Google and Apple have not even begun to hit stride in expansion. Other companies that are moving to or expanding in Austin are Dell /EMC, GMC, Hewlett Packard, the University of Texas medical school, and…
Tuesday, December 15th, 2015 at 11:27am. 5,097 Views, 0 Comments.
Austin is the 11th largest city in the nation (Source: Fusion), and just recently Austin's population has surpassed the 2 million mark earlier this year according to LawnStarter.com. Read more here...
Tuesday, December 1st, 2015 at 11:48am. 5,062 Views, 0 Comments.
Austin's residential real estate market isn't alone when it comes to skyrocketing prices. In fact, a new report from JLL reveals the most expensive commercial streets in the U.S., and one is in the heart of downtown.
Congress Avenue is the 11th most expensive street in America — and the most expensive in Texas — according to the report. The investment firm found that the average rent on this downtown thoroughfare is $48.11 per square foot, $16 higher than the Austin market average.
"Limited construction and growing tenant demand" is increasing rent in midsized markets like Austin, which has seen a 14.4 percent increase in prices in just two years. And, notes JLL, amenities like restaurants are adding to both the value and the price.
Monday, April 27th, 2015 at 9:05pm. 2,710 Views, 0 Comments.
Austin ranks No. 13 of the nation’s most environmentally friendly cities, according to a new report from San Francisco-based NerdWallet Inc.
Based on nine factors such as walking commuters, Austin generated a score of 53.5 compared with the No. 1 city, Honolulu, Hawaii, which scored 83.6. No. 2, Washington, D.C., scored 64.3, and No. 3, Arlington, Virginia, scored 62.8, according to the new report.
Irving, the only other Texas city in the top 25, generated an overall score of 51.2 and a ranking of No. 20.
Ten percent of Austin’s commuters carpool and just 3 percent of them walk to work versus Honolulu carpoolers of 13 percent and walking commuters of 9 percent, according to the report.
The number of Austin residential buildings with solar heating per
Thursday, January 29th, 2015 at 5:49pm. 3,326 Views, 0 Comments.
Tom Jean Webb Opening Night at The DEN
Tuesday, November 25th, 2014 at 10:55am. 3,034 Views, 0 Comments.
A real estate bubble or housing bubble is a type of economic bubble that occurs periodically in local or global real estate markets. It can be identified through rapid increases in cost of real property until they reach unsustainable levels and then decline. Most bubbles are fueled by speculation and characterized by easy credit, irrational exuberance and rapid rise in prices. Prices rise not because demand for housing is increasing, but because buyers believe prices will continue to rise in the near future.
For several years the Austin-area housing market has been active and there have been some folks suggesting that we have been experiencing a “Bubble” and that Austin is poised for a crash. But experts have explained that speculation is NOT what is…
Thursday, November 13th, 2014 at 3:40pm. 3,302 Views, 0 Comments.
We are excited to see one of our favorite Lake Austin DEN STR exclusive listings featured on USA Today! This is just one of the many ways for the world to enjoy Austin, TX at its finest. Lake living in Austin provides the perfect combination of waterfront activities like boating, wake surfing and poolside family fun highlighted by downtown top culinary experiences, live music and fashion. DEN Luxury Short Term Rentals has paired with homeowners to share all that Austin has to offer with guests around the world. Short Term Rentals are an amazing way to discover new places that you have been wanting to visit and ultimately Find Your DEN. If you are an Austin homeowner, you can also be a part of DEN by joining our list of over 100 exclusive,…