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Austin Jobs Statistics Looking Up in November 2012

December 5, 2012

Statistics compiled by the Austin Chamber of Commerce from the Texas Workforce Commission and the U.S. Bureau of Labor Statistics, among others, reflect a continued strong economic market in Austin. Notably, Austin ranks number three in the United States in job growth with a 3.5% change over the last 12 months, resulting in 28,200 newRead More

JUST SOLD! Home in Travis Country in Southwest Austin

December 3, 2012

JUST SOLD by Regent Property Group! 5360 Magdelena Dr in the Travis Country subdivision in Southwest Austin in zip code 78735. This 2-story home with 4 bedrooms and 2.5 bathrooms on 0.304 acres was built in 1997 and has 2,795 square feet. Bright, spacious rooms, modern touches, and a peaceful setting complement this stunning 4Read More

Home Prices Buck Black Friday Discounting

December 3, 2012

In September, housing prices rose all over the country according to both the S&P/Case-Shiller composite home price index and the Lender Processing Services Home Price Index – a good sign for markets everywhere, from luxury homes in Austin to seaside cottages in Portland. The S&P/Case-Shiller 20-city composite index showed home prices gaining 3% over SeptemberRead More

Homes Fly Off Markets Like Black Friday Deals

December 3, 2012

Home prices and sales of existing homes continue to rise nationally due to lower levels of inventory, according to a recent report by the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, and condominiums, rose 2.1% in October, and are 10.9% above the level of completed transactionsRead More

Client Testimonial for South Austin Sale of Austin’s First Historically-Designated and 5-Star Energy Rated Home

November 12, 2012

South Austin, in the 78704 zip code From Sarah and Marc Nathan: “My husband and I were anxious to complete the sale of our house before he was transferred overseas.  We were also concerned because our target list price was one of the highest on a dollars-per-square-foot basis for our neighborhood.  After our wonderful experienceRead More

Does Buffett Buy Mean Good News for Real Estate Investing?

November 9, 2012

Warren Buffett’s company Berkshire Hathaway is acquiring Prudential’s real estate agent network from Brookfield Asset Management and launching a new brokerage brand for those agents. Berkshire and Brookfield will start Berkshire Hathaway Home Services and begin switching agents to the new firm in 2013. According to the Real Estate Center at Texas A&M University, WarrenRead More

Client Testimonial for Southwest Austin New Construction Home Build & Purchase

November 8, 2012

Southwest Austin homebuyers From Jay & Jessica Manojlovich: “Brian did a great job helping us with the purchase of our new construction home. He knew all the right questions to ask the builder, things we never would have thought of on our own. He was particularly helpful in getting pricing information about the optional upgrades beforeRead More

Real Estate Wealth Really is Bigger in Texas

November 6, 2012

The old adage states that everything is bigger in Texas, and Austin lake houses and Austin mansions are testaments to that. The wealth in Texas is no exception, in large part thanks to the real estate market. In 2011, Texas wealth in real estate was valued at $1.6 trillion, or $65,432 worth of real estateRead More

Boutique Hotel ZaZa Planned for Downtown

November 6, 2012

Austin’s growing reputation as a cool kid on the international scene has meant scores of visitors from across the world are entering the Austin City Limits every day for vacations, Formula 1 races, music festivals, technology fairs, and more. The one problem Austin has had to contend with is not enough beds to sleep theRead More

Oil & Natural Gas Jobs Helping Drive Texas Real Estate

November 6, 2012

During the recession, home prices fell across the country, but one indicator that continued to thrive, and still does, is the price of gas. While pump prices may drive Texans with a commute crazy, those fluctuating numbers can be beneficial for the entire Texas economy, including the real estate market. Texas has been a majorRead More