Texas homes are some of the most undervalued in the nation, report says.
Austin and other Texas housing markets are among the most undervalued in the nation, according to a new analysis of data by Global Insight Inc. and National City Corp.
The companies looked at prices in 333 metro areas in the third quarter of 2007. Such reports are considered important indicators of potential decline and growth in specific cities.
The companies looked at prices in 333 metro areas in the third quarter of 2007. Such reports are considered important indicators of potential decline and growth in specific cities.
Read the entire article here
Sunday, December 30, 2007
Monday, December 24, 2007
Sunday, December 23, 2007
Bee Cave homeowners say no more renters
Bee Cave homeowners say no more renters
12/21/2007 8:16 PMBy: Heidi Zhou and Web staff
Stephen England is an Englishman who's found his home in Bee Cave.
"It is very open and warming," England said.
At least it was ten years ago, when he moved in. Now the Uplands Homeowners Association that England is a member of, doesn't want more newcomers who are renters.
"Our concern as a home association is that there's a balancing act when you develop small Bee Cave to as big as Bee Cave will become," England said.
It's becoming very different. Golf courses in Bee Cave could in the future boast views of the Tuscany Apartments. That is, if the CCNG Development company's proposal to build 300 luxury rental units goes through.
"If we end up with a community that is more than half temporary, or half transient, however you want to call someone who rents versus someone who buys, it will damage the soul of the city," England said.
He and other homeowners have taken their fight to the city.
"There's public hearings in front of the planning commission and in front of council before a decision will be made," Felix Benavides of the City of Bee Cave said.
That decision is scheduled to come down next month.
Source
12/21/2007 8:16 PMBy: Heidi Zhou and Web staff
Stephen England is an Englishman who's found his home in Bee Cave.
"It is very open and warming," England said.
At least it was ten years ago, when he moved in. Now the Uplands Homeowners Association that England is a member of, doesn't want more newcomers who are renters.
"Our concern as a home association is that there's a balancing act when you develop small Bee Cave to as big as Bee Cave will become," England said.
It's becoming very different. Golf courses in Bee Cave could in the future boast views of the Tuscany Apartments. That is, if the CCNG Development company's proposal to build 300 luxury rental units goes through.
"If we end up with a community that is more than half temporary, or half transient, however you want to call someone who rents versus someone who buys, it will damage the soul of the city," England said.
He and other homeowners have taken their fight to the city.
"There's public hearings in front of the planning commission and in front of council before a decision will be made," Felix Benavides of the City of Bee Cave said.
That decision is scheduled to come down next month.
Source
Wednesday, December 19, 2007
Way to go Whole Foods!
Austin Whole Foods to end use of disposable plastic bags...move, effective today, a test for chain-wide action.
As of today, Whole Foods Markets in Austin no longer will offer disposable plastic bags at checkout. Instead, shoppers will have a choice of complimentary 100 percent recycled paper bags or purchasing traditional canvas bags or a new reusable plastic tote. The latter, slightly larger than a traditional brown paper grocery bag, is 99 cents and made of recycled plastic bottles.
"Austin is serving as a test market for the company with steps in the direction for a company-wide ban at checkout early next year," said Whole Foods spokeswoman Kate Lowery. Whole Foods has more than 270 stores in the U.S., Canada and the United Kingdom.
Read entire article here
As of today, Whole Foods Markets in Austin no longer will offer disposable plastic bags at checkout. Instead, shoppers will have a choice of complimentary 100 percent recycled paper bags or purchasing traditional canvas bags or a new reusable plastic tote. The latter, slightly larger than a traditional brown paper grocery bag, is 99 cents and made of recycled plastic bottles.
"Austin is serving as a test market for the company with steps in the direction for a company-wide ban at checkout early next year," said Whole Foods spokeswoman Kate Lowery. Whole Foods has more than 270 stores in the U.S., Canada and the United Kingdom.
Read entire article here
Saturday, December 15, 2007
Good time to become a real estate mogul?
This past week, Robert Kiyosaki, author of "Rich Dad, Poor Dad," one of the best-selling personal finance books of all time, dropped by my radio show to talk real estate. Yes the waters are rocky, the mortgages may be harder to come by, but particularly if you're interested in buying rental properties with an eye toward becoming a bit of a mogul yourself, Kiyosaki says now is as good a time as any.
Read more here
Read more here
Friday, December 14, 2007
The City of Austin announced today that visitors to its Internet homepage and departmental Web sites can now utilize a significantly improved search engine to locate news, events and other vital information. The City is currently in the beginning phase to completely redesign it's web site. The fruits of that labor are still many years to come. You can read more here.
Do you have questions about Austin Real Estate? E-mail me at UddinDaunish@gmail.com.
Do you have questions about Austin Real Estate? E-mail me at UddinDaunish@gmail.com.
Subscribe to:
Posts (Atom)
