There are 4 blog entries for January 2015.
Thursday, January 29th, 2015 at 3:49pm. 2,199 Views
The Lake Austin Spa Resort announced it will begin offering intimate weeklong cooking programs featuring celebrity chefs, including renowned restaurateurs, cookbook authors, James Beard Award winners, and acclaimed television personalities.
For 2015, star chefs include Food & Wine magazine Special Projects Director and author Gail Simmons; “Top Chef” contestant Angelo Sosa; The New York Times Chief Wine Critic Eric Asimov; James Beard Award-winning Chef and “Top Chef” notable Hugh Acheson; and founding Food Network personality Sara Moulton, among others. The Lake Austin Culinary Experience ™ program will be offered one week of every month and also will feature the resort's own Executive Chef Stéphane Beaucamp, who began his culinary training in Paris,…
Thursday, January 22nd, 2015 at 3:21pm. 1,405 Views
Austin-area home sales set records for December and for 2014
Austin-area homes sold at a record volume in December 2014 and for 2014 as a whole, according to a Multiple Listing Service (MLS) report released by the Austin Board of REALTORS®. December sales were 14 percent higher than in December of 2013, with 2,283 single-family homes sold. Yearly sales were two percent higher than in 2013, with 27,768 homes sold. This was the fourth straight year of increases in annual home sales.
“The Austin area experienced a strong, stable housing market in 2014, with year-end 2014 showing similar market conditions to those one year ago,” said ABOR President Barb Cooper. “Last month, the U.S. Census Bureau named Austin the third-fastest growing big city in…
Tuesday, January 13th, 2015 at 11:18am. 1,470 Views
Austin-Round Rock was named the top city in the nation for real estate investing by Forbes, with Texas cities claiming five of the top ten spots and 25% of the cities overall.
The list “favored those with the strongest population growth,” and Austin’s 3.6% annual job growth rate, according to the latest figures from the Bureau of Labor Statistics, beat the 2% national average. The Austin metro area’s population expanded by 8.9% between 2010 and 2013. The rankings were based specifically on strong population growth so “the stock of potential tenants for would-be landlords is abundant.”
However, these factors also mean there is increased competition for available homes, and thus upward pressure on home prices. The Forbes article states that while,…
Thursday, January 8th, 2015 at 4:41pm. 1,506 Views
The main message of prominent economist Angelos Angelou’s 2015-2016 Austin Economic Forecast: Austin’s growth will continue in 2015. In the 30th annual forecast for the Austin area, Angelou Economics reported that Austin's long term concerns for the future are water, affordability, and traffic.
Sixty-six thousand people moved to Austin in 2014, a 3.5 percent increase from 2013. The growth rate is expected to be the same in 2015, with about 65,000 new residents. Unemployment is expected to stay below 4 percent. Approximately 39,100 jobs were created in 2014, and over 2015-2016, an additional 69,400 jobs are expected to be added, most in professional and business services. The top growing job industries are predicted to continue to be…