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April ABoR Stats are Out!

The April 2022 Austin Board of Realtors Stats are out. The median sales price was up 19% year over year to $550,000 in April. Active listings increased 52% to 2,763.  New & Pending listings are down slightly. Homes spent an average of 18 days on. the market, indicating that as new homes are listed, they are quickly going under contract.  

“The ups and downs we are seeing in our market are normal, and somewhat expected considering the fast pace at which our market has moved over the past two years. If you want to begin building equity through homeownership, or if there is a specific area you want to live in, the time to plant your flag...

Things to do in Austin Memorial Day Weekend


Memorial Day Weekend is almost here. If you are looking for something fun to do over the long weekend, we've got you covered. 

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Spend time outdoors!

  • Have a picnic at Zilker Park 
  • Cool off in Barton Springs
  • Pick Flowers at Sweet Berry Farm
  • Paddleboard or rent a donut boat on Lady Bird Lake
  • Visit Krause Springs
  • Seek an adventure at Jacob's Well or Blue Hole Regional Park in Wimberley



Spend time on a patio before the hot summer months! 

  • Polvos Downtown
  • Vinaigrette 
  • Loro
  • Ranch 616
  • Perla's
  • Juliet Italian Kitchen
  • ...

Texas Named Top U.S. Market for Land Sales



Texas is known for "wide-open spaces" and in 2021 it took the lead of all of the states for land sales! 

An article on Austin Culture Map said, "According to a new report from the National Association of Realtors and the Realtors Land Institute, the five states with the largest shares of land sales in 2021 were Texas (14.6 percent), Florida (12.8 percent), California (6.2 percent), Georgia (5.3 percent), and Arizona (5.2 percent).






“Given the challenges of the past two years, many of our buyers are looking for more than just a second home — they want the sense of freedom and a deeper connection with...

Hot Luck Festival

The Hot Luck: Live Food & Music Festival returns to honor the soul, sweat, and DIY diversity of the food and music world during this three-day event!





Some festivals have top chefs, some have killer music lineups. Leave it to Hot Luck to bring it all together!



Click here for the website!

 

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Top Food Trucks in ATX



Austin is well-known for its incredible and diverse food scene. Food Trucks are essential to the Austinite aesthetic and with warm weather upon us, it’s time to make your food truck bucket list. Travel the world through taste by checking out this list of top food trucks around the city.



Click here for a list of the top food trucks in ATX!.

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What is going on with property taxes?



If you recently received your property appraisal and you immediately thought to yourself, this is crazy! You’re not alone. Many Texans have received eye-popping estimates of their homes’ appraised values. Residential appraisals are up 15 to 30 percent in Harris County, 20 percent in Tarrant County, 24 percent in Dallas County, 25 percent in Bexar County, and 53 percent in Travis County, and the list goes on. 


Many factors could alter your property tax bill before it comes due in the fall

Click here to read more!

 

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Cinco de Mayo in ATX



Cinco de Mayo is here!! Grab your friends or family and check out some of the best tex-mex spots in Austin! Here is a list of places having Cinco de Mayo celebrations & deals!

  • The Far Out Lounge
  • Lucky Rabbit Bar
  • Rustic Tap Beer Garden
  • Chuy's
  • Rosedale Kitchen & Bar
  • Little Woodrow;s
  • Wanderlust Wine Collective
  • Armadillo Den
  • Thrive Craft House


Click the link for more info & more options for Cinco de Mayo!
https://do512.com/cincodem 

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Property Tax Protest & Homestead Exemption


It's officially springtime, which means most Texas residents need to hire a protest company or protest! The deadline is mid-May, so you want to act soon!

If you have property tax questions - we recommend our friends at Five Stone Advisors.If your home is your primary home, look at applying for the homestead exemption with Austin Title. See below for more info!

Click here for more info about Five Stone Advisors: https://www.fivestonetax.com/property-tax/residential/...

Austin's Newest Mediterranean Restaurant



Have you heard about Austin's newest Mediterranean restaurant? Wax Myrtle’s is an upscale bar, pool, and restaurant located in downtown Austin. The restaurant is located at 506 San Jacinto Boulevard within the Thompson Austin and Tommie Austin hotels.




Wax Myrtle's just opened on a 4th-floor terrace. It is a tropical oasis surrounded by the most beautiful downtown Austin City Views. Not only is it an incredible restaurant but it also has a luxurious pool. It was originally only open for hotel guests but now is open to the public. You can easily make reservations on Resy!

Click here for more info about Wax Myrtle.

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March 2022 Stats



The March 2022 Austin Board of Realtors Stats are out. The median sales price was up 22% year over year to $521,000 in March. New listings actually decreased 1% to 4,150.  Pending listings are also down slightly. The biggest increase was active listings which went up 46% to 1,731. Homes spent an average of 21 days on the market which is down compared to this time last year indicating that as new homes are listed, they are quickly going under contract.  

The Austin-Round Rock MSA experienced a decline in residential home sales, while a slight increase in housing inventory coincided with a new all-time record for the median sales price, according to the Austin Board of REALTORS® March 2022 Central Texas Housing Report.

“Rising home prices along with nationwide inflation and rising interest rates can seed caution in the market, so it’s important...

A Ski Resort in Texas!



Ever wish you didn’t have to travel far for some fun in the snow? Well you’re in luck!
If all goes to plan, Alpine X will bring the Rockies to Austin with a full resort complete with an indoor snow area, skiing and snowboarding routes and skiing lessons by 2025.

So say goodbye to long road trips and plane tickets, Austin continues to get better and better! 


Link: https://townlift.com/2022/03/alpine-x-announces-plans-to-build-indoor-ski-resorts-in-texas/

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East Austin’s Caribbean restaurant, Canje, serves up sweet and spicy cuisine!

Since opening its doors in the Fall of 2021, Canje has relied on its authentic Caribbean flavor from executive chef, Tavel Bristol-Joseph, a Georgetown, Guyana native. “Traditional meets modern” here with dishes like plantain chips and served with mango hot-sauce, Guyanese-style roti, jerk chicken with charred tomatoes, and spiced and pickled mango and pineapple, (achar).

These delicious, unique flavors extend into the restaurant’s cocktail menu with favorites including the tamarind sour, frozen pina colada, and other fruit-driven cocktails and natural wines.

The desserts, chef’s Bristol-Joseph’s known specialty, brings ambrosia with spiked rum and fruits, black cake,...

New housing developer launches with more than 1,000 units already planned


Heartwood Real Estate Group is a brand new firm but they already have multiple projects in the works according to Austin Business Journal. They have at least 1,000 units and 2 developments planned.

The first development includes townhomes off of South Congress called "The Reyna". It will be 1.5 acres and 16 homes. Each unit will range from about 1,000 square feet to more than 2,000 and prices will go in between $600,000 to $1 million and up. This project is expected to finish in 2023.

The second development that Heartwood is working on is in East Austin. This will be a 344-unit community that is reserved for residents earning less than 60% of the median family income level ($98,000 in the Austin metro in 2021 for a family of four) "These units will take part of the City of Austin's Affordability Unlocked program which incentivizes the creation of affordable housing and speeds up the permitting process." (KVUE)

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The Bowen

This 19-story luxury residential tower recently opened its doors, introducing a new standard of living to The Domain South End. Residents choose from thoughtful floorplans ranging from one, two, or three-bedrooms, including expansive penthouse suites with views.  

High-design features are standard at The Bowen. Each residential unit features top-performing appliances and quartz countertops throughout. Community amenities include a resort-style pool with private cabanas and poolside pavilion, indoor co-working spaces with bar + lounge, club-quality fitness center, private dining room for entertaining and more.  

The location puts The Bowen residents just minutes...

It's Bluebonnet Season!

It's the most wonderful time of the year.... in TEXAS! The Texas state flower, bluebonnets, make their first appearance of the year every March. Bluebonnets have already been spotted starting last week. Here is a list of just a few of the best spots to find these famous flowers. 

  • Lady Bird Johnson Wildflower Center - Open daily from 9 a.m. to 5 p.m. with reserved advance tickets. 4801 La Crosse Ave, Austin, TX 78739
  • Lady Bird Lake Hike and Bike Trail - 1715 Cesar Chavez...

Open Table Top 10 Diners' Choice Winners in Austin

The Austin food scene is always spectacular. Open Table is one of the most popular apps these days that suggests restaurants, features the menus, and let's you make a quick and easy reservation! (which is a must in ATX!) Here are the Top 10 Diners' Choice Winners in Austin according to Open Table!

  • Eddie V's - 5th Street - 301 E 5th St, Austin, TX 78701
  • Paperboy - 1203 E 11th St, Austin, TX 78702
  • Intero - 2612...

February 2022 Market Stats

The February 2022 Austin Board of Realtors Stats are out and inventory remains very scarce. The median sales price was up 27% year over year to $499,000 in February. New listings actually increased 10% to just over 2,800.  Pending listings are also up. The biggest drop was active listings which decreased 4% to 1,200. Homes spent an average of 28 days on the market which is down compared to this time last year indicating that as new homes are listed, they are quickly going under contract.  

“February was a very active month for our housing market as sales price records continue to be broken,” Cord Shiflet, 2022 ABoR president, said. “We’re hearing from economists that last month’s numbers are a potential harbinger of a big year ahead even as our market continues to deal with insufficient supply compared to demand resulting in the steady cycle of home price increases.”...

Austin's New Sports, Dining, & Entertainment Destination

Have you heard about The Pitch yet? It is the newest hotspot in Northwest Austin! It is located at 13000 Harris Ridge Boulevard. The Pitch is a sports, dining, and entertainment development! They have just started hosting Austin FC watch parties, trivia nights, and more! The food scene is incredible with options such as Taco Flats, Ranger Burger, Smokeshow, and Garoti. Two featured bars at The Pitch are Sand Bar and Corner Kick Bar. There is also a coffee shop called Coffee Club. There are so many fun things to check out at The Pitch with your family or friends! 

Learn more about The Pitch by clicking here!...

New Moody Center on UT Campus

Have you heard about the new Moody Center at UT? It is set to open in April!

The 15,000-seat arena still under construction on the University of Texas campus is set to open in late April some of the first performances are George Strait, Willie Nelson and the Randy Rogers Band. Two months may seem like some time away, but the Moody Center has already surpassed $15 million in ticket sales.

Here are some of the upcoming conerts! 

  • April 20 – John Mayer Sob Rock Tour 2022
  • April 21 – John Mayer Sob Rock Tour 2022
  • April 23 - Bon Jovi 
  • April 27 – Justin Bieber Justice World Tour 2022
  • April 29 – ‘Strait from Moody Center’ Grand Opening Celebration Presented...

3 Reasons Why Austin Is a Homebuyer's Dream in 2022

3 Reasons Why Austin Is a Homebuyer's Dream in 2022

1. It's still a relatively good deal
2. A growing market can sustain a long-term investment
3. People want to live here for lifestyle reasons too

"Austin, Texas, fell from the No. 1 spot in 2021 to a predicted No. 10 in 2022 on Zillow's list of hottest housing markets in America. Tampa, Florida, has assumed the top spot, but Austin is still a very robust market.

The capital region of the Lone Star State has seen explosive population growth, the most of any large metro area in the United States from 2010-2020, according to the U.S. Census, swelling by a third in 10 years to nearly 1 million in the city itself and about 2.3 million in the metro area."

Big business is a big reason for the explosive growth, of course. Dell Technologies ...

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