development: Austin's losing momentum but still TOP SELLER's MARKET - 07/02/07 02:15 PM
Earlier today I posted Austin's Stats for June, in which you can see the trend...List Price UP, Sales Price UP, Price/Sqft UP, Days On Market DOWN. These are all positives, however, the number of Homes Sold is DOWN significantly. Year to date is down 5% but the month of June it … (0 comments)
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development: Austin's still growing NOT DUE To SPECULATION - 05/24/07 01:00 PM
I've written a few times on the dangers of Investment Speculation. It's like a friend of mind said about his experience investing in the Stock Market, "No thanks, I prefer Craps or Blackjack."
The Stock Market like all investing avenues is about education. There are plenty of stocks that go up & … (1 comments)
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development: Wireless Internet Access in AUSTIN - 05/09/07 06:17 PM
Austin already has hotspots with internet access and now it is expanding to East Austin.
The area is getting free outdoor Internet access thanks to the city of Austin's Wireless Mesh program. The city, in partnership with Cisco Systems, provides free wireless outdoor Internet connections throughout various parts of Austin. … (0 comments)
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development: Z'Tejas opening in Already Popular Avery Ranch - 11/01/06 08:07 PM
Z Tejas a local "Southwest" Style Restaurant here in Austin is opening a new location in late summer of 07 in Avery Ranch Subdivision.
I've only lived in Austin for about 5 years and with 2 young kids (both 3 years old until another week, when my eldest turns 4...that's 11 months … (1 comments)
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development: Finally the Tolls are opened...well, some of them at least. - 11/01/06 06:32 PM
From Thisto This
I've been piping about it for a while and I'm one of the few who is looking forward to them opening. It will make it much easier for me being that I live in North Austin/Round Rock Area and my family lives in Cedar Park.
The Austin Business Journal writes … (2 comments)
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development: Unemployement Drops again in the Austin Area - 10/21/06 08:22 PM
According to the Texas Workforce Commission, the September unemployment rate for the Austin-Round Rock area totaled 3.8 percent, down from 4.2 percent in August. This rate is also lower than the September 2005 unemployment rate of 4.3 percent.
As I've pointed out in my other blogs, this is due to an … (1 comments)
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development: Fantastic Fitness Center Opening 2nd Location in South Austin - 10/21/06 08:06 PM
As a Proud Member of Lifetime Fitness, I am very excited to see that it was just announced that a second location will be opening in South Austin off of Mopac. The 1st location is in North West Austin off of RR 620.
Lifetime Fitness Centers all follow the same model … (2 comments)
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development: Ugly Vacant Albertsons will have New Owners - 10/11/06 11:16 PM
Ross Dress for Less is reported to have just bought the many of the Albertsons buildings and are expected to fill the stores as soon as possible.
Due to a recent buy out of Albertsons by CVS Corp, many of the stores abruptly closed and subsequently have remained boarded up, vacant and … (4 comments)
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development: A couple of Well Known Companies adding stores to AUSTIN - 10/06/06 09:48 PM
I like to post article having to do with job growth, because to me jobs mean homes. More jobs mean more homes, less jobs mean less homes.
Two of the newest announcements are that Panera Bread Company and Tiffany & Company are opening sites in the Austin Area.
Panera Bread offers a variety … (1 comments)
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development: More medical Growth for the Round Rock Area - 10/06/06 09:10 PM
In a previous article pertaining to the growth potential and future of a subdivision in Round Rock called Teravista, I stateds as one of the factors of continued growth was the medical facilities that are being built near and around this subdivision. Another NEW development will soon be underway.
According to the … (0 comments)
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development: Teravista Update!! Movieplex coming soon!! - 10/03/06 12:53 PM
I wrote an article yesterday on the Teravista area of Round Rock and how I think it's going to be a continued hot neighborhood because of all the growth. I don't know how I didn't know about this but Cinemark is about to open a 14 Screen Movie Theatre right next … (0 comments)
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development: Austin's New Home Building Continues to grow - 10/02/06 12:27 PM
According to a recent report from a market research firm, Residential Strategies Inc, the Austin Area had 17,000 new starts within the past 12 months.
A qoute in the Austin Business Journal confims some of my previous blogs on Austin's Appreciation.
"While Austin builders are concerned about the housing slow-down reported in … (0 comments)
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development: North Round Rock on Verge of EXPLODING...in my opinion - 10/02/06 12:08 PM
I often have prospects ask me my opinion about one neighborhood vs another. More & more I'm being asked, "What do you think about Teravista vs "Any Other"." Which would be a better investment if I were to move there?
Whenever the question has been brought to me for the past few … (0 comments)
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development: Pangaea Systems Inc. is picking Austin for its new headquarters. - 09/28/06 07:21 PM
According to the Austin Business Journal, Pangaea Systems Inc. will be relocating its headquarters to Austin. Pangaea is a software company specializing in Radio Frequency detection software.
This just supports the continued efforts and attraction of jobs to Austin. While the Economy throughout the country continues to decline pertaining to real estate, … (0 comments)
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development: Investor's Already Pouring into Austin, Here's another group... - 09/22/06 12:50 PM
An LA development firm just bought 20 apartment complexes in downtown Austin. The plan on fixing them up to help them perform better.
The key outlook for OTHER investors to learn from here stems from what one executive from the purchasing company said. "We look for markets that are improving, that … (0 comments)
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development: New Condo/Hotel Units in Lakeway Resort Planned - 09/22/06 12:43 PM
It was reported that Behringer Harvard sold nearly six acres that are part of its Lakeway Resort and Spa west of Austin. The developer plans to construct 70 condominium units on the property. Owners of the new condominiums will be offered an opportunity to partner with Lakeway Resort and Spa to … (0 comments)
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development: Austin's Job's Grow by 51,000 since 2003 - 09/21/06 03:17 PM
Opportunity Austin is an economic developement that was to bring 72000 jobs to the local area. Since the end of 2003 they have been key in bringing in 51000 jobs thus far.
They were instrumental in getting 76 companies have relocated to the region only 24 short of their goal in half … (1 comments)
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development: Austin Area's Healthcare GROWING - 09/21/06 02:57 PM
Just as I've reported in past blogs, Central Texas is determined to increase the healthcare industry in this area. Central Texas' healthcare industry leaders contributed $8.8 billion to the local economy, leading to new opportunities and the need to expand the industry, according to a recent report.
The primary medical sector directly … (0 comments)
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development: Bio-medical fields expanding in Austin, shown by new implant - 09/20/06 11:21 AM
Many of the new investments for Venture Capital Firms within the Austin area have been and are within the Bio-Medical Field. A year ago Austin didn't really have any kind of Bio-Medical influence, which was one of the economic sectors that worried economists. However, there have been many new business pouring … (0 comments)
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development: Austin's Toll Roads to Open Nov 1st, a year ahead of schedule - 09/20/06 11:15 AM
Austin's new toll roads will open to traffic on Nov. 1 -- a year ahead of schedule, according to the Texas Department of Transportation and under budget!
Austin has traditionally had unusually high traffic congestion for a city of its size, and the 40 plus miles of extra road way will … (0 comments)
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development: Cedar Park, TX 900,000 sqft Retail Ctr about to break ground - 09/18/06 12:27 PM
Cedar Park is a beautiful town in the NW Austin Area. It has been steadily growing as better roads have slowly completed construction. With another highway, 183A, fully underway this will allow better flow to and from the Cedar Park/Leander Area. Cedar Park is the Largest city on the North … (0 comments)
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development: Dripping Spring, TX now ready for more growth with 55 Acre Retail Ctr APPROVED!! - 09/16/06 01:18 PM
Near the intersection of RR 12 and US 290 close to the center of town, a 400,000 sqft shopping ctr is proposed with potential tenants such as Home Depot and HEB coming to the area.Dripping Springs is a beautifully area southwest of Austin about 15-20 minutes. It has been rapidly growing … (1 comments)
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development: Lago Vista on Pins and Needles with Excitement - 09/14/06 01:34 PM
I have 2 clients that were looking to sell their homes in Lago Vista but just informed me they would rather wait. I asked them both "why" and of course they had a Great Reason!
The REASON: Ground just broke for a large Grocery Store!
The IMPACT: Lago Vista is located on the … (0 comments)
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