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Austin Real Estate Guy Blog

This is a blog about Austin real estate market conditions, statistics and anything else happening in the Austin area area that might impact the real estate market here. Every so often I will throw some unrelated stories in so please come back often.

April 2007 - Posts

The Austonian
I've written about the Austonian before, but here is a bit more. This 55 story condo project in downtown Austin is going to be pretty fancy. Amenities are said to include built-in cappuccino machines, bathrooms with marble walls and a lounge on the Read More...
Who Needs Flood Insurance?
It makes sense that anyone who owns a home that is in a floodplain needs to have flood insurance. But what about properties not in a floodplain? You may actually look into purchasing flood insurance if you live in an area that isn't in a floodplain. Read More...
Austin Home Sales Slow Dramatically!
The Austin American Statesman published a story a few days ago that made it look like the national cooling of the housing market had hit Austin. The article stated that home sales in the 5-county Austin area were down to just a 1% increase. However, looking Read More...
Watch out Hollywood
Villa Muse Studios was announced recently. This is a huge project just east of Austin that will have a major film production facility and a huge amphitheater with 70,000 seats. Austin currently doesn’t have a place in which to hold really large Read More...
Willie Nelson's Ranch Changing
Willie Nelson owns a large ranch about 45 minutes west of Austin. Part of the ranch will be developed into a 41 home neighborhood called Tierra Vista. The homes will be high dollar-homes that will sit on 1 or 2 acre lots. The home sites will overlook Read More...
Lakeway Regional Hospital
No, this isn't the name of a new hospital, but it might be. I went to the final Sue's Tour put together by Sue Potter. Sue gave a great update of projects in Lakeway. She said that she has been talking to developers and as the talks go on the Read More...
Covert Ranch to Become Luxury Community
There is a piece of land of about 1050 acres west of Austin that will be turned into a very nice community of luxury homes if the developer gets everything permitted. What was the Covert Ranch will become Vizcaya, a community slated to have around 500 Read More...
More on Austin Jobs
The Austin job scene is on fire compared to 5 years ago. From 2003 through 2006, the Austin MSA gained almost 81,000 jobs. Last year saw over 33,000 of those new jobs. That is a huge number. People are coming from all over to work at Samsung's new Read More...