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February 2015

There are 4 blog entries for February 2015.

Austin’s Wealthy Zip Codes

Tuesday, February 24th, 2015 at 9:52am. 7,222 Views

Circle C homesAreas with the highest median home values don’t necessarily correlate with the highest home wealth, this according to mapping company ESRI, whose recent research into the financial demographics of Austin, Texas zip codes was reported by the Austin Business Journal.

Austin's "wealthiest ZIP code" was not, for example, the upscale 78746 area of Westlake Hills and Rollingwood or even central Austin’s historic Tarrytown, but rather the south Austin zip code of 78739. 78746, with its median home value of $712,704, ranked second for wealth. 78732, 78737, and 78738 round out the top five.

The zip code of 78739 has a population of 18,352, with 5,823 households. The average household income is $159,738, the average net worth is $1,688,505, the average

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Austin, Texas Real Estate Market Update and Statistics February 2015

Friday, February 20th, 2015 at 4:31pm. 1,474 Views

Austin Home Prices Hit All-Time January High


southwest Austin homes2015 is off to a strong start for the Austin-area housing market. Single-family home prices reached all-time highs for the month of January, according to an Austin Board of REALTORS® report based on data from the Multiple Listing Service (MLS.) Home sales also posted double digit increases.

Prices

The median price for Austin-area homes increased 13 percent year-over-year to $240,000, with the average price increasing 14 percent to $310,187. This January 2015 home price increase is the highest year-over-year increase since September 2013.

In January, 1,547 single-family homes were sold, 11 percent more than January 2014. Fifty-four percent were in the $200k-$500k price range, and 35 percent sold

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“Must-Have” Amenities for Today’s Home Buyers

Friday, February 20th, 2015 at 11:40am. 1,454 Views

Austin homesThe National Association of Home Builders conducted a study to determine the household features developers expect to most frequently include in new construction homes. This also can be an indication of what homeowners who are remodeling can be expected to want and include. Here are the highlights from a Main Street article on the study:

Master bedroom walk-in closet

A walk-in closet in the master bedroom ranked the number one most desired item in the survey.

Laundry rooms

Today’s state-of-the-art laundry rooms can have skylights, clothes folding areas, and modern features compared to laundry rooms of yore, with “basically the ability to do pretty much everything but fold the laundry and put it away for you,” said Stephen Melman of NAHB.

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Go Local Spotlight: Young Austinite Creates BeeSweet Lemonade

Thursday, February 12th, 2015 at 11:48am. 6,574 Views

BeeSweet Lemonade AustinAustin is buzzing with a variety of social entrepreneurs, but not many of them are pre-teens. Meet Mikaila Ulmer, a social entrepreneur, bee ambassador, and creator of the BeeSweet Lemonade line sold at Whole Foods Market, TOMS, Peoples Rx, East Side Pies, Barton Hills Market, The Natural Gardener, and more.

At only ten years old, Ulmer has created a popular lemonade that not only tastes sweet, but helps save honeybees. Sweetened with local honey and flavored with organic flaxseed and local organic mint, Ulmer donates a portion of the profits from her lemonade to organizations such as Heifer International, Texas Beekeepers Association, and Sustainable Food Center. Her slogan: Buy a Bottle … Save a Bee.

How did this young entrepreneur get her start?

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