Home starts, inventory and sales all up in Austin; more on horizon
Jan15

Home starts, inventory and sales all up in Austin; more on horizon

Jan Buchholz Staff Writer-Austin Business Journal   New home inventory in Austin has increased dramatically in the past year but demand could still outstrip supply if population growth remains robust and building cycles continue to increase. "No doubt the combination of attractive mortgage rates, strong job growth and positive local economic news helped to propel the market higher," stated a report by Residential...

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Single-family investing poses tough challenges, Austin expert says

Jan Buchholz Staff Writer-Austin Business Journal   Dallas-based HomeVestors recently proclaimed that Austin is the top market in the country for single-family home investors. The survey seemed a bit light on specifics — just heralding Texas as "a sweet spot for real estate investing," given healthy job and employment growth. Local real estate investor Gary Ennis said that from his perspective,...

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Interactive map: Where Texas home values are rising and falling

Michael Theis Digital Editor-Austin Business Journal Email  |  Twitter   Texas is booming, drawing people from all over the world in seek of economic opportunities. But as Texas' economy grows, so do home values. It's a story familiar to anyone who has spent time in Texas' major cities. In some places, such as Austin, the home values are growing so fast that some national analysts are...

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Austin’s next mayor ready to get down to business; permitting changes coming
Dec17

Austin’s next mayor ready to get down to business; permitting changes coming

Attorney Steve Adler of the eminent domain law firm Barron & Adler LLP won Austin's mayoral race by a large margin during Tuesday's runoff against City CouncilmanMike Martinez. Several other important political races were settled but the mayor will be a critical ringleader for the fresh, and larger, City Council that will take its seats soon. And Adler — who ran on a pro-business...

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Austin is a hands-free city
Dec16

Austin is a hands-free city

A new City of Austin ordinance prohibits the use of all electronic hand-held devices while operating a vehicle or bicycle. To avoid fines up to $500, put your phone away or consider using a hands-free system such as Bluetooth or headphones, or an affixed GPS system. The Austin City Council adopted Ordinance No. 20140828-041 amending section 12-1-34 of the City Code to prohibit the use of portable electronic devices...

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Austin’s bank break down: The biggest, and most prolific, lenders around
Dec15

Austin’s bank break down: The biggest, and most prolific, lenders around

This past week, the Austin Business Journal dove into the statistics for the banking and financial services industry in the Austin area. The result is the following series of lists which gives good insight into the composition of the region's financial powerhouses. ABJ subscribers can see the full details behind the lists by following the links below: 1. Top banks with Austin-area headquarters 2. Top 50 banks with...

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