Have you heard about the new master-planned community coming soon to South Austin? Mirador is a new development that will encompass thousands of homes over 1,400 acres of land. This $500 million project will be near Austin-Bergstrom International Airport and close to Pearce and Wolf lanes. Mirador will be just minutes from the new Tesla factory and the Circuit of the Americas. The Houston-based real estate company Hines has partnered with Trez Capital, Caravel Ventures, and Sumitomo Forestry to develop this community. Homebuilders for the project are Gehan, Lennar, David Weekley, Highland, and MHI.
Construction on the homes will begin this year....
A German Brewery and Biergarten had it’s Grand Opening last month and it is all the craze already. Koko’s Bavarian is located in East Austin on E 5th St. On the menu you can find delicious delights such as pretzels, smoked pork shoulder, German sausages, schnitzels, and of course beer!
The atmosphere is very welcoming with a spacious and stylish patio. Bring your friends, family, or furry friends to Koko’s Bavarian soon!
Learn more about Koko's here.
The original Taquero Mucho location opened on West Sixth Street in February 2020. It gained massive popularity for its all pink design and tasty food. The menu is inspired by Michoacán family recipes that co-owner and creative director Gabriela Bucio ate while growing up in Mexico.
Now the restaurant has opened another location at the Domain. They feature a similar menu, including Taquero Mucho’s weekend brunch menu. The restaurant also features craft cocktails, margaritas and micheladas made with fresh-squeezed juice. Go check it out!
Click here for more information!
With December now in the rear view, the 2021 housing report is ready to review! Records have been set! Total units sold was at a record number of over 41,000 units (up 2.5%). Median home price was at a record of $450,000 (up 30.8%). New listings was at a record of over 46,000 (up 5.9%) and average days on market was down to 20 days, 55.6% less than 2020.
“In 2021, the record number of homes sold were demand-driven transactions and that demand was influenced greatly by companies continuing to target the region for job creation and expansion. Even though more homes are being built, listed and sold than ever before, our region is still nowhere close to having a comfortable amount of
supply to meet the demand, which is why home prices continue to rise steadily.” - Mark Sprague, Independence Title Dir. of Information Capital.