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Austin is becoming the nation’s bastion for Millenials. About 17.5% of Austin’s population are Millenials, the highest amongst the nation large metro areas.

Behind Austin were Salt Lake City (16.3%); Seattle (16%). Houston hit the Top 10 with 15.1%. The U.S. average was 13.5 percent, the study found.

For more details, check out …

http://www.bizjournals.com/austin/news/2015/12/24/study-tabs-austin-as-nations-millennial-capital.html

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About 10,000 baby boomers are retiring each day, and half of those who plan to move during retirement say they plan to downsize. As such, millennials may find they are up against increasing competition from baby boomers for condos and apartments in urban areas.

So far, the baby boomers may be winning. Baby boomers are renting apartments and buying condos at more than double the rate of their millennial children.

“This new generation of empty nester is reshaping the recovery in real estate. … Boomer demand has helped fuel a surge in high-end housing that features two-bedroom units and large kitchens reminiscent of boomers’ suburban homes,” The Washington Post reports. “That could have big implications for cash-strapped millennials, who had hoped to snag

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10 Best Cities for Real Estate InvestorsNeed some guidelines for making choices for real estate investment? Well, help has arrived. BiggerPockets just released its Real Estate Investment Market Index indicating the hottest markets to get the most out of your money.

Using criteria such as home purchase prices, appreciation, and rental prices, here are the 10 best cities for investment in 2015, and also 10 cities where real estate investment is a riskier bet.

The best places to invest and the percentage of return:
1. Dallas: 19.5% return.
2. Denver: 18.9% return.
3. Miami: 18.6% return.
4. Houston: 18.5% return.
5. Atlanta: 16.5% return.
6. Tampa, Fla.: 16.4% return.
7. Detroit: 16.2% return.
8. Austin, Texas: 15.6% return.
9. Las Vegas.: 15.3% return.
10. Orlando, Fla.: 14.9% return.

These are

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A long-envisioned pedestrian mall — along with a pair of new office buildings — is being planned for the area immediately north of the Capitol.

Back in the 1940 and 1950s, planners in state government imagined a tree-lined civic space among state office buildings that frame Congress Avenue in the blocks north of the center of state government. Now, officials with the Texas Facilities Commission are incorporating the decades-old vision in a master plan for the Capitol complex that runs generally from Trinity to Lavaca streets and from Martin Luther King Jr. Boulevard to 10th Street.

The first of three phases of the concept is slated to include three blocks of a walkable mall and two new state office buildings — along with nearly 4,500 new and

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The Best Cities for Veterans RankedWalletHub recently tracked 18 key metrics to find the best cities for veterans within the nation’s 100 largest metros.
(https://wallethub.com/edu/best-and-worst-cities-for-veterans/8156/#main-findings)

WalletHub factored in veteran unemployment rates, income growth, housing affordability, veteran population, educational opportunities, number of VA health facilities, number of veterans living below the poverty line, among other factors.

The top city for vets: Irvine, Calif., which has the nation’s highest veteran income growth and lowest veteran poverty rate. Here are more from the rankings:
1. Irvine, Calif.
2. Scottsdale, Ariz.
3. Raleigh, N.C.
4. Orlando, Fla.
5. Gilbert, Ariz.
6. San Diego, Calif.
7. El Paso, Texas
8. Sacramento, Calif.
9. Austin, Texas

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Looking for Something to do in Austin on New Year's Eve and/or in January?

Here is a good list for you to use as a guide for activities over the next month!

Austin's New Year
Dec 31 through Jan 1
Auditorium Shores
www.do512.com/newyearseve

Willie Nelson & Family
Dec 31 through Jan 1
Austin City Limits Live
www.acl-live.com

Bob Schneider's New Year
Dec 31 through Jan 1
The Paramount
www.austintheatre.org

New Year's Eve Arial Spectacular
Dec 31 through Jan 1
Austin Music Hall
www.musichallaustin.com

New Year's Eve w/ The Spazmatics
Dec 31 through Jan 1
Cedar Street Courtyard
www.do512.com/newyearseve

Rockin' New Year's Eve
Dec 31 through Jan 1
Alamo Drafthouse
www.do512.com/newyearseve

Totally Awesome 80s New Year's Eve Bash
Dec 31 through Jan 1
Austin

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