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January 2016

There are 4 blog entries for January 2016.

Forbes Declares Austin America’s #1 Next Boomtown

Tuesday, January 26th, 2016 at 5:58pm. 1,214 Views

Austin Texas downtownForbes has declared Austin, Texas the next top boomtown in America, based on its potential to prosper in the next decade. Forbes compared 53 metropolitan areas with populations of over one million and ranked percentage of children ages five to 14, birth rate, net domestic migration, percentage of the population ages 25-44 with a bachelor’s degree, income growth, unemployment rate, and population growth – factoring in the past, present, and future vitality of each to determine the rankings.

The report focused largely on Texas, stating, “The most vital parts of urban America can be encapsulated largely in one five-letter word: Texas.” The report included four major Texas metros in the top 10: Austin, Houston, Dallas-Fort Worth, and San Antonio, all of

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Austin, Texas Real Estate Market Update and Statistics January 2016

Friday, January 22nd, 2016 at 12:30pm. 1,048 Views

Austi real estate Austin Real Estate Sets All-Time Records in 2015

December 2015 was another strong month for Austin real estate, capping off a record-breaking year.

See below for Year of 2015 and December 2015 market statistic reports:

2015

Single family home sales and prices set all-time records for the year 2015, with home sales increasing five percent to 29,068 homes sold, and prices rising nine percent to a median of $263,900, according to a report from the Austin Board of REALTORS®.

The number of active listings in 2015 rose five percent to 6,044, and new listings increased four percent to 36,810. Pending sales rose five percent to 29,839. Homes did spend two more days on the market, for an average of 49 days.

Austin luxury homesThe increase in activity led to a

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Austin Ranks Fourth on Milken’s Top 25 Best Performing Cities

Tuesday, January 19th, 2016 at 6:12pm. 1,014 Views

Apple offices AustinWeighing factors such as job creation, wage gains, and technology trends, the Milken Institute has ranked Austin as the number four best-performing large city in the nation. However, this ranking is down two spots from last year’s ranking, when it was second among the nation’s best-performing cities. In 2013, Austin was ranked the top city in the nation.

The San Jose-Sunnyvale-Santa Clara, California metro ranked first, followed by the San Francisco-Redwood City-South San Francisco, California metro, and then Provo-Orem, Utah. Dallas-Plano-Irving rounded out the top five. The only other Texas metro to appear on the top 25 list was San Antonio-New Braunfels at number 12.

While Texas’ total of three cities on the list is strong comparatively, the

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Eanes ISD Named the Top School District in Texas

Monday, January 18th, 2016 at 3:28pm. 993 Views

Westlake high school rankingThe Eanes Independent School District was named the top school district in Texas and the second best school district in the nation by Niche, based on a comparison of over 10,000 school districts from around the country. The only other school district in the state to make the top ten on the 2016 Best School Districts in America list was the Highland Park Independent School District, which came in at the sixth best nationally.

Academics were the highest criteria for the list, with a weight of 50% of the total score. Other areas of the school district “graded” for the report included teachers, extracurricular activities, sports, and parent/student surveys, among others.

Eanes scored A-pluses in four categories: academics, health and safety, teachers,

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