Austin is Growing

Strength in numbers, Austin dips, but area grows

AUSTIN – Single-family home sales are down by 1 percent, a trend attributed to a decrease in housing inventory and a rise in development cost.

Home sales in the Austin-Round Rock area decreased by 1 percent in third quarter 2016 to 9,249 single-family home sales, and the median price rose 7.7 percent to $279,900 during the same timeframe.

This is from the most recent Texas Quarterly Housing (see page 4) report was released by the Texas Association of Realtors.

Leonard Guerrero, regional vice president with the Texas Association of Realtors, said because of the limited number of housing options in the Austin-Round Rock MSA, potential buyers are beginning to look toward surrounding areas, such as Buda, Kyle, Dripping Springs, San Marcos and Wimberley.

 

Read more at Community Impact Newspaper

See Austin Housing Market Research.

Check out Texas Association of Realtors’s Quarterly Housing Report 3Q 2016 (PDF).

MUELLER Redevelopment

Mueller world’s largest LEED Gold neighborhood

AUSTIN – The 700-acre Mueller redevelopment recently became the largest neighborhood in the world to attain Stage 3 LEED-certification by the U.S. Green Building Council.

It’s also the first neighborhood in Texas to earn LEED for Neighborhood Development Stage 3 Gold Certification under the pilot program.

Mueller is a joint project between the Austin’s economic development department and Catellus Development Corp.

It includes more than 1,175 single-family homes that have achieved an Austin Energy Green Building rating.

In addition, the community has three Platinum, six Gold, and five Silver LEED-certified buildings, including the first LEED Platinum-certified hospital in the world.

More information about the community’s sustainability results can be found in this press release.

 

Read more at Mueller Austin

What a ‘tease’! Austin major employers map 2016

AUSTIN-ROUND ROCK – The Austin Chamber released the latest 2016 Greater Austin Region Major Manufacturers Map and we want to share a preview with you!

Check The Austin Chamber of Commerce for more information

See the whole thing! Click for Austin Major Employers 2016 (PDF)