Best Day of the Year to Buy a Home

October 8th is the best date to close on a home at a bargain price (on average a 10.8 percent discount)Mark Oct. 8 in your calendar. That's the best date to close on a home at a bargain price, according to a new study by RealtyTrac.

Texas Continues To Be A Hot Spot For Incoming Re-locations.

Texas was the second-most popular out-of-state migration destination in 2014 with 538,572 people from out-of-state moving to Texas last year.

So where did all these new Texas residents come from?

California was Texas' largest origination state, with 63,591 people; Florida sent 40,930; Oklahoma 25,096; Louisiana 23,805; and Illinois sent 23,258.

Travis County received 51,610 new out-of-state residents, ranking 4th in Texas, and Williamson County gained 30,565, ranking 8th largest increase in the state.

Looking for Something to do in Austin in October?

Looking for Something to do in Austin in October?

Here is a good list for you to use as a guide for activities this month!

Austin City Limits Music Festival
Oct 2 through 11
Zilker Park

Alabama Shakes
Oct 2
Austin City Limits Live

Chalk Walk Arts Festival
Oct 2
Centennial Plaza

Counting Crows
Oct 7
Austin City Limits Live

Lennar unveils Austin community where solar power standard....

Homebuilder Lennar Corp. hopes to shine some light on Southeast Austin — an area typically shunned in the past by residential developers.

Lennar (NYSE: LEN) is building Colorado Crossing near McKinney Falls Parkway and Burleson Road — just west of Austin-Bergstrom International Airport. And there's an amenity benefit that could set this community apart from the pack. Lennar is building all the homes with solar power as a standard feature.

Seeing Is Believing With Smart Home Tech

More Americans are getting excited about smart home technologyMore Americans are getting excited about smart home technology. Millennials and parents in particular are expressing interest in having a connected home, according to the second annual State of the Smart Home Report from Icontrol Networks.

How High Will Mortgage Rates Actually Climb?

The lowest mortgage rates on record have lured buyers during the last few years, but the Federal Reserve has already given plenty of signals that will soon come to an end.

Mortgage rates are already inching up, ever-so-slightly. From January to June, the 30-year fixed-rate mortgage climbed from 3.7 percent to 4.2 percent. Mortgage rates recently have been hovering around 4 percent.

UT achieves record graduation rate, with growth ahead....

The University of Texas has achieved its highest ever four-year graduation rate, with 57.7 percent of students completing their degrees on schedule. That represents a 2.6 percent increase from the 2014 total, with 500 additional graduates compared to the prior year.

The data is based on an enrollment analysis conducted during the second week of September by the university.

August Home Prices Up; Income Not Keeping Up!

August housing numbers show that home prices hit a new August record in the Austin area. It also showed that home prices are outpacing income.

A recent reports show that 65% of Austin professionals earn less than $50,000 a year. A $50K income translates to a home price range of $200K-$215K with a median price of Austin area homes at $265K and average prices at $330K.

Home prices increased an average of 6% over August of 2014 and median prices were up 8% in the same period.

View the Top Home Features By State

For Texas, 12% of homes have covered patios topping the® researchers recently analyzed 1.5 million active single-family listings to compile a list of more than 200 individual home features from the listing descriptions. They narrowed down a list of the top five features for each state and then selected one with the most "local flavor."

St. Elmo mixed-use project in full swing; developers, details revealed....

The transformation of 12 acres of South Austin into a trendy mixed-use project dubbed "Saint Elmo" is gaining traction with notable real estate companies coming on board. Prescott Group in Dallas is joining master developer GroundFloor Development to create a public market, entertainment venue, creative offices, condominiums and a boutique hotel.
The first significant design schematics have been delivered by Andersson-Wise Architects, which designed the W Hotel & Residences along with ACL Live at the Moody Theater.