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All Blog Entries by Engel & Völkers Austin

Found 160 blog entries published by Engel & Völkers Austin.

As we head into the cooler weather months in Austin, the market slowdown has hit with Austin area median home values now over $300,000.  Inventory across Austin has dipped in September which in turn has caused sales to slow as we head into October and November.  Take a deeper dive into the numbers across the greater Austin area below and contact us at 512-328-3939 if you have any questions about the market or the value of your home in today's market.  

Austin-Round Rock MSA

In the five-county MSA, sales volume decreased 0.9 percent year over year from 2,390 sales in September 2017 to 2,368 sales last month. Year to date, home sales in the Austin-Round Rock MSA are up 3.6 percent from the first nine months of 2017.

Sales dollar volume increased

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According to a January Austin Business Journal article, its official attendance in 2017 was 450,000, squeaking past SXSW, which had 421,900. While it’s unlikely that the traffic nightmares around the festival and several surrounding areas will be abated entirely anytime soon, expanded transit options and festival organizers have combined to make getting there and back less of a headache—and, hopefully, lessened the irritation involved for non-attendees/average citizens to avoid the whole mess while going about their business. The following information should be helpful for anyone attending the festival or trying to avoid it all together!  

Pro Tips For a Smooth ACL Experience

Forget something at home? Looking for a place to fill up your water

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OCTOBER 2018

10/5/18 - 10/7/18 and 10/12/18 - 10/14/18
Austin City Limits Music Festival
Zilker Park
One of the country's largest celebrations of music, this six-day festival brings the magic of the famed public TV series Austin City Limits outside the studio and into Austin's most beloved park with more than 140 musical acts on eight stages over two weekends.
www.aclfestival.com

10/6/18
Texas Teen Book Festival
St. Edward's University
This free annual festival celebrates the teen reading experience by inviting fans to engage with some of the most popular and critically acclaimed young adult authors in the country. Check out the schedule which is full of panels and signings with some of the best YA authors in the world.
www.texasteenbookfestival.org

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Excellence Award Scholarship

Engel & Völkers Austin is proud to present Faith Putnam with the Engel & Völkers $5,000 Excellence Award Scholarship in conjunction with the Lake Travis Rotary Club.  As a student, Faith has shown excessive promise graduating from Lake Travis High School and now attending the University Of Texas Austin with a major in business. This scholarship is paid for by money raised from our generous agents at E&V Austin and the patronage of Steve and Michele Turnquist. 

  Over the past 17 years, we have raised over $100,000 for the scholarship fund. E&V Austin and the Turnquist family want to give a special thanks to Jeff Lamb in our Lakeway Office. We would not be able to do this year after year without his hard work and…
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What I Love About Austin ~ Water

 

Water is one of the great benefits of Austin and the surrounding counties.  The Colorado River runs through the heart of Austin.  In the area, we also have the Pedernales River, the Comal River, the Guadalupe River, the San Marcos River and many creeks, lakes, campgrounds, and water features to enjoy.  So, if you are a water person, Austin is your town.

What I Love About Austin ~ Water (Locations)

Below we cover some of the great spots to indulge your desire to be in or on the water: 

1)   Lady Bird Lake, Ann and Roy Butler Hike-and-Bike Trail + Zilker Park

Lady Bird Lake and the Ann and Roy Butler Hike & Bike Trail is one of the most often mentioned features of Austin and a great place to dog-walk.  It’s downtown, and it’s ten miles of trail, with local restaurants and bars

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Continued demand for single-family homes in the Austin-Round Rock Metropolitan Statistical Area (MSA) led to the highest-grossing August on record for Central Texas home sales volume, according to the August 2018 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. Strong sales led to double-digit gains in sales dollar volume for homes sold in the five-county MSA, which totaled more than $1.2 billion in August.

Austin-Round Rock MSA

In the five-county MSA, home sales dollar volume in August 2018 jumped 10.5 percent year over year to $1,208,374,131. This is partially due to continued growth in home prices, as the median price increased 8.2 percent year over year to $322,478. Single-family home sales also set a record

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What I Love About Austin ~ Two-Step Dancing

Austin is becoming a more sophisticated and high-tech metropolitan area every day. New towering sky scrapers are going up and are being planned as we write this article.

However, Austin has a country western legacy. If you're from Texas, it's hard not to love that part of your heritage.  Cowboy boots and two-step dancing are two of the attributes that make Austin and Texas unique. If you were born here, you'be been exposed to the country scene, even if you are not an avid two-stepper. If you're just visiting, moved here, or are looking to move here, you need to at least expose yourself to country music and the Texas Two-Step.  It's a great way to acclimate yourself to what is ingrained in our culture.

Below is a list of local establishments

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Now that the kiddos are heading back to school and there is a little more time for everyone to get out and enjoy some hopefully cooling weather...   Below we have put together a list of our favorite events happening in Austin and the surrounding area in September and October.  If we have forgotten anything let us know in the comments below.

SEPTEMBER 2018

9/3/18
Free Day of Yoga 
Various Locations 
All day long, participating studios across the Austin area offer free classes as an opportunity for every age and fitness level. 
www.freedayofyoga.com

9/6/18 - 9/9/18
All Genders, Lifestyles and Identities Film Festival (aGLIFF)
Various Locations
aGLIFF is the oldest and largest gay and lesbian film fest in the Southwest and the largest LGBTQI+ cultural

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Strong homebuying activity throughout the summer led to double-digit home sales growth in July, according to the July 2018 Central Texas Housing Market Report released today by the Austin Board of REALTORS®. The five-county Metropolitan Statistical Area (MSA) experienced the highest volume of home sales since July 2011, and the highest median home price on record for any month.

In the city of Austin, single-family home sales experienced a double-digit increase of 13.5 percent year over year to 952 sales, while sales dollar volume increased 19.8 percent to $451,315,853 in July.

Austin-Round Rock Metropolitan Statistical Area (MSA)
In the Austin-Round Rock MSA, July single-family home sales increased 8.8 percent year over year to 3,103 sales, while

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LinkedIn on Aug. 10 said the Texas capital is attracting more workers than any other place in the country, with hiring in July up more than 14 percent from a year earlier.

Meanwhile, MagnifyMoney ranked Austin as the nation's No. 1 "boomtown," a designation based on things such as wage growth, population gains and economic vitality. Austin was followed by Provo, Utah, and Raleigh, North Carolina.

No surprise here but MagnifyMoney, a website for comparing credit cards, found that Austin's housing stock isn't keeping up with population growth, so that No. 1 ranking might slip in the years to come.

According to the LinkedIn report, for every 10,000 of its users in Austin, 105 have arrived in the metro area in the past 12 months.

Of those new

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