investors: FASTEST GROWING SUBURBS: Some right here in Austin - 07/19/07 01:16 PM
According to Forbes Online Cedar Park, Pflugerville & Round Rock are all found on the top 100 fastest growing Suburbs since the year 2000.
Cedar Park nearly cracked the top ten at number 11 with 93% population growth rate!
The Commercial Development of the Cedar Park Town Center, Hwy 183A, and a possible … (1 comments)
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investors: 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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investors: Austin Ice Bats Coming to Cedar Park...Finally - 06/07/07 09:50 AM
For the past few years the Austin Ice Bats, Austin area's Ice Hockey team, has been aggressively trying to move to Cedar Park. For their first few years in business they were just renting downtown, then they have been renting in North Austin off I-35, but they want a permanent fixture, … (0 comments)
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investors: LOWES in HUTTO coming...not Green built :( - 05/31/07 10:02 PM
For a few months now just as you get into the Hutto area right next to the Sonic, there has been a "COMING SOON" sign for a Lowes Home Improvement Store.
It was just released that this store will now open some time in the fall.
Lowe's says the new store … (0 comments)
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investors: 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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investors: Georgia Flooring Outlet Came to Austin because of GROWTH - 05/14/07 10:15 PM
Floor & Décor Outlets of America opened the doors of its new 48,000-square-foot store at 4501 W. Braker Lane on Friday.According to an Article in the Austin Business Journal, Floor & Décor chose the Austin market because it continues to be one of the highest-growth markets in the country with … (0 comments)
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investors: Job Growth spurs continued Real Estate Growth - 05/10/07 12:03 AM
A few years ago Austin put together a Committee with the sole purpose of adding jobs and therefore revenue to the Austin Area. I have written other posts on some of their successes in the past, and now another one has popped up. The new Jewelry Channel is locating to Round Rock. … (0 comments)
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investors: Jewelry Channel lands in Round Rock, 700 jobs planned over 5 years - 05/09/07 11:56 PM
The Jewelry Channel, a 24/7 nationally broadcast direct-sales channel that debuted Wednesday, has established itself in Round Rock where it expects to create 700 jobs within five years. The channel has established a corporate office and live studio in 30,000 square feet of space, and has plans to eventually expand to … (0 comments)
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investors: Apartments on the rise in Austin! - 05/09/07 11:49 PM
I've been so busy trying to assist a couple of investors looking to buy or build some apartment buildings I overlooked this article that came out on April 18 in the Austin Business Journal...Better late than never. With occupancy more than 90 percent and rents around 90 cents a-square-foot, Austin is … (0 comments)
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investors: U.S. Census: Austin among top 20 fastest growing regions - 05/09/07 10:53 PM
The population of the Austin metropolitan region grew at one of the fastest rates in the country over the last six years, according to recently released data from the U.S. Census Bureau.
The Austin-Round Rock metropolitan statistical area expanded its population 21 percent between April 2000 and July 2006 … (0 comments)
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investors: State Economist says Austin is good market for Real Estate - 05/09/07 10:47 PM
According to a recent article in the Austin Business Journal, If you're dealing in residential real estate in Austin? You're better off than you would be elsewhere around the country, according to a state economist. Texas continues to buck the trend of declining home sales that's sweeping the nation, aided by … (0 comments)
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investors: Inc magazine says Austin is a HOTSPOT for Businesses! - 05/09/07 06:38 PM
There's yet another affirmation of what most people in Austin already know -- this town is a great place to do business. Austin ranked 16th among big cities on Inc. magazine's 2007 list of "Business Boomtowns," rising 10 spots from its No. 26 ranking last year. The city hit hard earlier … (0 comments)
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investors: 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. The … (0 comments)
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investors: 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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investors: 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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investors: What Property Taxes? But my payment is only $XXXX! - 10/25/06 12:25 PM
One terrible epidemic that is affecting Austin's growth is that we have a very high number of foreclosures every year. On a weekly basis we have at least 20 -30 HUD foreclosure come up on the market, I don't have the avg new VA or REOs but you can be sure … (1 comments)
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investors: 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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investors: 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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investors: Unrealistic Expectations from an Investor - 10/13/06 08:19 PM
I have an agent that just helped a client buy a property that he wants to "flip". They were able to buy the house considerably below market value and closed on it last week. It only needs minor work to get it fixed up nice enough to flip.
They decided to put … (13 comments)
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investors: Even the FEDS report that the Texas economy is growing. - 10/11/06 11:26 PM
There was a fantastic article in the Austin Business Journal reporting that Federal Reserve Bank of Dallas states that "Texas' economy remains strong and is continuing to outpace the national economy.
Year-to-date employment in Texas through August was 2.7 percent, an increase of 177,300 jobs. This is more than twice the national … (1 comments)
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investors: 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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investors: Your Area BOOMED, now it's BUMMED...what's up with that? - 10/09/06 09:52 AM
Throughout many parts of the country the housing industry seemed to go crazy. I have a friend that bought three brand new homes in Phoenix area and 1 year later sold them for $100K each. $300K in 1 year for median priced homes...I'm sorry, that's insane! Now it appears that many … (3 comments)
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investors: Red River Shootout !! Go Horns!!!...or Work - 10/07/06 10:54 AM
UH-OH! The biggest weekend in Austin's college football schedule is here!!! The RED RIVER SHOOTOUT, between Okalahoma Sooners and THE Texas Longhorns! And what am I doing during gametime? Well, I was planning on being out in a boat listening to the game, but I had a call late last … (2 comments)
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investors: 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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investors: 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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investors: 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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investors: 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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investors: More Food for Sellers Market in Austin!! - 09/28/06 07:44 PM
Coldwell Banker's 2006 home price comparison index showed that the avg price of a 2200 sqft home is $220,000. A suburb town 45 min from the Greater Austin Area, Killeen, is rated as the 2nd most affordable area in TX with housing avg of $140,310.
Dallas, was reported as the most … (1 comments)
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investors: 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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investors: 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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investors: 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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investors: Austin's Appreciation YTD by MLS Area - 09/22/06 12:36 PM
View MLS Map HERE or email me for one. Email me for past month's stats as well.
… (2 comments)
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investors: 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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investors: 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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investors: 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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investors: 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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investors: For Investor's/Property Managers: Security Deposit Limits, State by State - 09/19/06 12:44 PM
Alabama
No statutory limit
Alaska
Two months' rent, except where rent exceeds $2,000 per month
Arizona One and one-half months' rent (unless tenant voluntarily agrees to pay more)
Arkansas
Two months' rent
California
Two months' rent (unfurnished, no waterbed); two and one-half months' rent (unfurnished, tenant has … (5 comments)
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investors: 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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investors: 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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investors: Why does Austin/San Antonio keep Appreciating while the rest of the County Suffers? - 09/15/06 01:14 PM
In my opinion, JOB GROWTH.
A couple of years ago, Venture Capital Money spent in the Austin/San Antonio areas significantly declined. The upside to that decline was that the firms were spending the majority of their time raising additional funds.
The result is that the past year or so, they've been spending it. … (2 comments)
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investors: Austin's Community to Grow with Chinatown - 09/15/06 12:54 PM
Qoute from the Austin Business Journal Sept 14, 2006: "Before Austin's Chinatown Center, people had to travel to Houston or Dallas for a true Asian experience, whether they were looking for dining, shopping or entertainment," says Alex Tan, the developer of Chinatown. "This is also a great addition to Austin for … (3 comments)
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investors: Mind over HOUSING BUBBLE, well, too late but maybe next time! - 09/15/06 12:14 PM
Interesting site that provide quick synopsis of market conditions in different cities throughout the country.
Congratulations Salt Lake, NO housing bubble there I'm assuming.
Click here to view stock market for Real Estate
As I previously stated in another blog (Austin/San Antonio Getting HOT HOT HOT), Central Texas isn't having a Housing … (0 comments)
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investors: 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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investors: To Lease Purchase or to NOT Lease Purchase - 09/14/06 01:19 PM
In recent years in Texas, the format of a Lease Purchase has been under attack. For rightful reasons in many cases. There were plenty and probably still are, many "investors" that preyed upon people with bad credit, bad situations, and illegal aliens. Promising them they could own a house through lease … (2 comments)
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investors: IKEA to OPEN Sooner than expected in Round Rock - 09/09/06 12:20 PM
According to an Article in the Austin American-Statesman Sept 8, 2006: "Round Rock's IKEA could open much sooner than planned.
The store, on University Boulevard, is on track to open in November instead of next spring as originally planned.
The 250,000-square-foot store is expected to open in time for holiday shopping.
… (2 comments)
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investors: Qualified REALTORS...or NOT - 09/07/06 04:05 PM
The National Association of REALTORS (NAR) has been doing a nationwide advertising junction to encourage the public to use a designated REALTOR when buying or selling real estate. Recently the Austin Board of REALTORS has followed suit with advertising in magazines, billboards, TV and radio spots.From my experience, being a designated … (5 comments)
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