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August 2013

There are 13 blog entries for August 2013.

Luxury Real Estate Statistics for Austin, Texas: August 2013 Report

Thursday, August 29th, 2013 at 1:59pm. 1,732 Views

central austin homesWhile Regent Property Group agents work with clients in all price ranges, in all areas of Austin, we are one of the few brokerages in town with practical experience and expertise in Austin luxury homes – properties listed for sale over $1 million. And, we enjoy putting together this monthly report for you citing the trends within our area!

Considering the below numbers and that all properties included meet at least the $1 million threshold, Austin’s luxury market is “relatively” affordable: average prices and median prices are still demonstrating consistent closings well under the $2 million mark. What does this mean? Austin is selling plenty of homes in the $1 million to a few million dollar range. Homes above this to the double digit millions are

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Austin Dog Parks

Wednesday, August 28th, 2013 at 1:33pm. 4,935 Views

Austin dog parksAustin has a multitude of off-leash dog parks, some with fenced areas and some with wide open spaces.

Austin’s rules for responsible pet ownership in off-leash areas: dogs must be within sight and sound control of owners/handlers at all times, dogs in heat are not allowed in off-leash areas, rabies vaccinations are required for all dogs as required by State Law, owners/handlers must clean up after their dogs and deposit waste into a trash can, and aggressive dogs must be removed from public spaces immediately.

Auditorium Shores 

920 W. Riverside Dr.
On the banks of Town Lake, west of the First Street Bridge, pet owners will find Auditorium Shores. Known foremost as an outdoor concert venue or place to watch the fireworks on the Fourth of July, the

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Adopting Pets in Austin

Wednesday, August 28th, 2013 at 1:30pm. 16,289 Views

Austin Texas cat adoptionAdopting a pet from an Austin shelter not only guarantees a friend for life who will always be happy to see you, it saves the lives of two animals. The first animal saved is the one adopted, and the second animal saved is the one who is able to take the shelter space of the pet who found a home. Austin is known for its life-saving shelters full of happy, healthy pets waiting for a furr-ever home and does a fantastic job at providing many services – like spay/neuter surgeries, microchipping, medications, and check-ups – for nominal fees to help ease barriers to pet companionship. Here are a few of Austin’s options for pet adoption.

Austin Humane Society

Founded in 1952, The Austin Humane Society, located in north Austin close to homes in the Crestview

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Austin's 24 Hour Diners

Wednesday, August 21st, 2013 at 5:56pm. 2,400 Views

kerbey lane austinBreakfast served all day can draw surprisingly large crowds at 3 a.m. in Austin, but as evening venues close, Austin’s 24 hour diners always fill up. Then, as nighttime revelers leave, a line for brunch begins to accumulate! Every local has a favorite diner dish, whether it's pumpkin pancakes or vegetarian migas, and with affordable prices and locations throughout the city, it’s easy to see why Austin diners are world famous.

Kerbey Lane Cafe

With its original 1980 location still found on Kerbey Lane in Austin a short drive from homes in West Lake Hills, this local favorite diner has grown to five locations, each serving breakfast, lunch, and dinner 24 hours a day. Kerbey Lane was founded with a mission to provide affordable food cooked with fresh,

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Antiques & Vintage Shopping in Austin

Wednesday, August 21st, 2013 at 3:35pm. 2,552 Views

austin vintage shoppingVintage may be seeing a surge in popularity in recent years thanks to retro television shows, but Austin’s large selection of vintage and antique specialty stores have always been a staple of the town’s shopping circuit. Whether you’re a college student looking to outfit a first apartment or the owner of a top floor penthouse in downtown Austin, the city’s vintage stores can outfit your home and your body from top to bottom.

Uncommon OBJECTS

Uncommon OBJECTS has been a fixture of the South Congress scene, close to the Shady Hollow neighborhood, since it first opened in 1991. The unique store, which draws locals, tourists, and celebrities in droves, was founded by Steve Wiman, who honed his skills for cleverly collecting the odd and unusual when he

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Carlos ‘n Charlie’s on Lake Travis Closing

Tuesday, August 20th, 2013 at 11:51am. 4,528 Views

carlos n charlies lake travisAccording to reports from Austin’s KXAN, popular Lake Travis restaurant Carlos ‘n Charlie’s is closing its doors after Labor Day 2013, a result of low lake levels from a sustained Central Texas drought. The Lake Travis party spot was the first U.S. location of the restaurant chain and has been in operation on the lake since 1995.

Carlos ‘n Charlie’s is on the south side of Lake Travis at Emerald Point, across the lake from Marshall’s Point. Many business and homes along Lake Travis have been affected in recent years - and historically - from declines in water levels, with some “waterfront” properties now “water view” or even simply “hill country.”

The news report stated that it has been three years since boats have been able to pull up to the

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Austin’s LifeWorks Offers Youth & Families a Sustainable Hand Up

Saturday, August 17th, 2013 at 3:14pm. 2,057 Views

Austin LifeWorks Even in a well-regarded city like Austin, family abuse statistics are heartbreaking: Neglect. Abandonment. Violence. Many spouses and children survive years of unsafe family situations, moving from one Austin home to another, searching for stability and safety. Others are forced into homelessness to escape intolerable circumstances. Some simply are striving for a better life but don't have the resources to learn how.

What can be done to make an impact on these very real lives? Enter LifeWorks, stage left.

A fearless advocate for youth and families, LifeWorks is an ATX non-profit committed to innovative problem solving, shared accountability, and a relentless focus on achieving real, sustainable, and measurable results for the over 10,000 Austin

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Stick to a Texas REALTOR®: Why Some Online Real Estate Sites Leave Buyers and Sellers Wanting

Friday, August 16th, 2013 at 3:30pm. 2,128 Views

hazards of online real estate sitesFact: In a sellers’ market, sellers waste valuable time when they price a home based on inaccurate data and ultimately have to adjust the asking price.

Fact: Buyers waste valuable time when they fall in love with homes no longer on the market!

Looking for a ranch-style dream home in Steiner Ranch? This summer, the Texas Association of REALTORS® is reminding Austin Texans that, though there's a boat-load of real estate information on the Internet, not all of it is trustworthy.

"Sellers will gain maximum exposure for their listing with it in the MLS," said Cathy Coneway, 2013 Chairman of the Austin Board of REALTORS®. And with June 2013 marking the highest level of home sales for June in the last six years, those numbers "combined with the fast pace

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Downtown Austin Chosen to Premiere BMW’s First Electric Vehicle

Thursday, August 15th, 2013 at 3:48pm. 2,430 Views

BMW electric car AustinDue to its fast-growing economy and green-minded populace, the Music Capital of the World has been chosen as one of only five U.S. cities to premiere an elite BMW electric vehicle showroom. The BMW showroom will stand in the popular 2nd Street District of downtown Austin, Texas.

“Austin is being mentioned in the same breath as New York City, Miami, Los Angeles, and San Francisco by BMW North America,” lauded Steve Late, President of BMW of Austin.

Brainchild of BMW’s mission to provide a completely sustainable, all-electric city vehicle, the BMW i3 remains true to the moniker of the Ultimate Driving Machine. Its compact size, sharp turning radius, and agile handling enable it to easily maneuver on city streets, while short front and rear overhangs

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Austin, Texas Real Estate Market Update and Statistics August 2013

Wednesday, August 14th, 2013 at 3:24pm. 1,521 Views

Austin real estate and booming downtown Austin’s real estate market so far this year is strides ahead of 2012. Over 700 more homes have sold compared to this time period in 2012, and median year to date prices are over $28,000 higher. This rise in prices is significant because it means most buyers will pay over ten percent more for comparable homes in the span of just one year.

Market Snapshot

  • 25.6% decrease in homes actively for sale compared to 8/06/12
  • 2.76% increase in homes pending sale compared to 8/06/12
  • 10.91% increase in the number of single-family homes sold
  • 10.89% increase in median sold price (total dollars)
  • 32% decrease in the time it is taking to sell a home

A little tougher for buyers: Low interest rates have buffered the cost of buying a home so far, but as

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