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Experts say bottom to lagging home sales is near.
March 24 2009 10:52
The National Association of Realtors reported on Monday that sales of existing homes rose 5.1 percent in February after a 5 percent decline in January. Home sales in the Northeast, South, West and Midwest all gained ground for February as buyers scooped up foreclosure properties.
“We are close to seeing a bottom in both new and existing home sales,” Michael T. Darda, chief economist at MKM Partners, wrote in a note to clients.
125 Abbott now in Featured Listings
December 31 2008 12:11
125 Abbott is now in our Featured Homes section. For property details, Click on 125 Abbott
Texas Becoming a Retirement Hotspot
December 29 2008 13:27
It may come as a surprise to many, but Texas is becoming a favorite retirement destination for many retirees. Central Texas is particlularly popular. Read the full report Texas Retirement Hotspot
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Why We Love Austin, TX
Not ordinary by any stretch of the imagination, Austin is a city with a heart and a soul. Whether you are visiting or a full-time resident, be prepared for experiences you'll find only in Austin. Cosmopolitan with a thriving cultural scene and vibrant nightlife, yet unpretentious--trade your suits for something a bit more casual. High-tech, yet still low-key. Austin is the fifth largest city in the South (a metropolitan population of more than 1.5 million, and among the fastest growing cities in the U.S.), yet still retains the college town atmosphere.
Residents of Austin are known as "Austinites," and include a mix of university professors, students, politicians, lobbyists, musicians, state employees, high-tech workers, blue-collar workers, and white-collar workers. The city is home to enough large sites of major technology corporations to have earned it the nickname "Silicon Hills." Austin's official slogan promotes the city as "The Live Music Capital of the World", a reference to its status as home to many musicians and music venues.[1] In recent years, many Austinites have also adopted the unofficial slogan "Keep Austin Weird"; this refers partly to the eclectic and progressive lifestyle of many Austin residents, but is also the slogan for a campaign to preserve smaller local businesses and resist excessive commercialization.
Austin Texas is situated on the Colorado River and has 3 lakes created by dams within its city limits: Town Lake, Lake Austin, & Lake Travis. The eastern section of Austin is relatively flat, but the western section & suburbs consist of rolling hills at the beginning of Texas Hill Country. The hills to the west are mostly limestone rock.
A great point of interest in Austin is Mount Bonnell - about 780 feet above sea level and a great place to stop and overlook Lake Austin, which is approximately 200 feet below its summit. Nearby Cat Mountain also offers some fantastic views from the neighborhood streets that wind up & down its face.
- Ranked 2nd Top 10 Places Where Ideas Happen - Visa USA
- Ranked 2nd Top 10 Cities For Moviemakers - MovieMaker
- Ranked 2nd Best Large City For Relocating Families Worldwide - REC & Primacy Relocation
- Ranked 1st Most Entrepreneurial City in America - Visa USA
- Ranked 1st Top 50 Entrepreneurial Cities in America - Entrepreneur Magazine
- Ranked 1st For Best Big City To Live - MSN House & Home
- 2,000,000 New Residents Projected For Central Texas Within The Next 10 Years - Sept 2006, Texas A&M University Real Estate Dept
- Ranked 4th For The Top 20 Next Boomtowns In America - Business 2.0 Magazine
- Ranked 1st In The U.S For Best Cities To Relocate Families To - Expansion Management Magazine
- Rated 3rd In The Top 150 Metro Areas For Best Places For Business And Careers - Forbes Magazine
- 3rd Fasted Growing City In The Nation Over The Next 25 Years - Brookings Institute, Jan. '05
Austin's climate is characterized by its hot summers & mild winters - basically a humid subtropical climate, receiving 33.6 inches of rain per year, which mostly falls in the spring. Summer is typically hot and humid, with average temperatures above 90 degrees, and temperatures above 100 degrees not uncommon. The highest temperature recorded was in the year 2000 at Camp Mabry - 112 Fahrenheit! Winter offers a nice break in the heat with an average high of 62 degrees in December, 60 degrees in January, and 65 degrees in February. Austin averages 88 days in which the temperature falls below 45 degrees Fahrenheit.
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