Blogs

Pet Amenities the Next Big Thing?

In what is thought to be a first for the homebuilding industry, Standard Pacific Homes is constructing models that offer a pet suite as an optional amenity.

The company, inspired by the results of livability studies conducted with home owners, is promoting the homes in 27 residential developments from Florida to California.



The builder's most indulgent pet accommodation includes 170 square feet housing a wash station, water station, automated feeders, large-sized bedding, cabinets to hold toys and food, access to a puppy run, and more.

Austin houses sell faster than anywhere in the country, ZipRealty study says....

Homes are selling faster in Austin than anywhere in the country at the moment. That’s the conclusion of California-based ZipRealty Inc.(Nasdaq: ZIPR), an online real estate brokerage and research company.

High Speed Trains Targeted for Texas By 2021

High-speed bullet trains could be zipping from Dallas to Houston 68 times a day by 2021. The journey would take about 90 minutes to travel the roughly 240 mile distance.

Texas Central Railway is a private company is paying for a study, which kicked off in June, to determine the environmental impact of the route. The study is expected to take 30 months or more.

The goal is to start construction in 2017 and begin operating by 2021.

High Speed Trains Targeted for Texas By 2021

High-speed bullet trains could be zipping from Dallas to Houston 68 times a day by 2021. The journey would take about 90 minutes to travel the roughly 240 mile distance.

Texas Central Railway is a private company is paying for a study, which kicked off in June, to determine the environmental impact of the route. The study is expected to take 30 months or more.

The goal is to start construction in 2017 and begin operating by 2021.

Lake Travis, Dripping Springs growth in home starts

For the first time in history, in 2013 the Austin metro area experienced more construction starts on homes than San Antonio.

A lot of that growth is being directed at the north and west parts of the Austin area, according to Madison Inselmann, regional director of Metrostudy Austin.

Charles Schwab plans 823 jobs in Austin....

More than 820 jobs will be created in Austin as part of a Texas Enterprise Fund Investment in the Charles Schwab Corporation, Gov. Rick Perry announced Thursday.

The jobs are contingent on a local economic incentive package. The TEF is making a $4.5 million investment to make the 823 additional Austin jobs possible. Charles Schwab already has about 1,000 employees in Austin.

“We are very pleased to be expanding our footprint in Texas,” said Joseph Martinetto, executive vice president and chief financial officer at Schwab.

Austin Ranked #2 City For Best Job Growth By Forbes

Forbes has ranked Austin the #2 city for best job growth over the next 3-5 years.

Austin job growth is foreseen to be 4.1% and loved by several companies that want access to the local educated workforce.

Forbes reported … “The city is quickly becoming a technology hub with an invigorating quality of life and multi-tiered workforce that fits well into our future plans,” said Websense CEO John McCormack in a release announcing the news. Websense has announced the move of its Corporate headquarters to Austin from San Diego.

Why Low Rates Aren't Always Good for the Housing Market

Mortgage rates are near historic lows, which is great news for home owners and buyers. But the situation could prove to be a big thorn in the side of the recovery.

More than one-third of homes with a mortgage have a mortgage rate below 4 percent, according to estimates provided by CoreLogic, a real estate data provider. Many home owners have taken advantage of low rates recently, fueling a refinance boom. Some home buyers were able to snag a record low of 3.3 percent interest in 2012.

UT Austin ranked No. 29 in 2014 world universities list....

The Center for World Rankings placed the University of Texas at Austin No. 29 among the world's top 1000 universities for the 2014 year.

The CWUR uses eight measures to rank the world's top universities. Those measures include: Quality of education, alumni employment, quality of faculty, publications, influence, citations, broad impact and patents.

University of Texas Southwestern Medical Center is the only other Texas university in the top 100. It is ranked No. 66. Texas A&M and Rice University are not far behind at No. 105 and No. 108, respectively.

Austin Area Home Sales Hit An All Time High In The Month Of June

According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales reached an all-time high for the month of June, increasing 13 percent year-over-year to 2,997 single family home sales in June 2014. Mid-year statistics show Austin-area home sales increased three percent year-over-year to 13,426 homes sold, putting 2014 on pace to potentially exceed 2013’s all-time high in sales volume.

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