Facebook office opens in Austin
On October 21, Facebook hosted an official opening party in Austin for their first office outside of their headquarters in Palo Alto, California. City and state officials were in attendance to see the new 29,236 square foot downtown office which is focused on online sales and operations and has a current staff of 60 people. [...]
Austin Board of Realtors releases Sept. statistics
Yesterday, the Austin Board of Realtors released September statistics for Austin’s real estate market. From January through September, 14,014 homes were sold in Austin. For the same time period in 2009, this is a 1 percent decrease in sales. Austin homes’ median sales price increased by 3 percent to $194,970. On average, homes sold in [...]
Sematech moves jobs out of Austin
Sematech, a chip research company that has been headquartered in Austin since 1988, will be moving 100 jobs out of Austin to Albany, New York in a gradual plan to leave Texas. A spokesperson for Sematech announced the move on Tuesday. The state of New York has offered Sematech large incentives to move its International [...]
Buying better than renting in Texas
According to data gathered by the San Fransisco-based real estate data company Trulia Inc., currently, buying a home in Texas may actually be a better option than renting. Trulia Inc. found that Texas, California, Florida and Arizona offered the best deals for renters looking to buy a home. Reasons cited for the low costs were [...]
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