Unicorn Moving

California businesses move to Texas

Posted on April 28th, 2011 No Comments

Last week, a group of California legislators traveled to Austin to figure out what is attracting so many of their businesses out of the state.  Assemblyman Dan Logue stated, “We came to learn why they would pick up their roots and move in order to grow their businesses.  Why does Chief Executive magazine rate California [...]

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Owning a home is still ‘American Dream’

Posted on April 25th, 2011 No Comments

A telephone survey questioning 2,142 adults revealed that about 81 percent of American adults hold homeownership as their top long-term investment.  Homeownership and retirement both ranked above other financial goals and long-term investments including sending children to college and leaving an inheritance. “The study results are surprising in that so many households still believe that [...]

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March home resale statistics reported

Posted on April 22nd, 2011 No Comments

According to a report by the Austin Board of Realtors, area home resales in March were 10 percent lower than sales in March 2010.  Last month, 1,597 homes were sold in Central Texas.  In addition, the median home price increased by 2 percent in the month of March to $185,260. The drop in home resales may [...]

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Houston home building firm buys Austin firm

Posted on April 18th, 2011 No Comments

Houston-based home building firm MHI Central Texas, an affiliate of McGuyer Homebuilders Inc., recently purchased all the assets of the Austin-based residential development firm, Wilshire Homes.  Combined, the company hopes to be building around 600 homes a year and generating around $180 million in revenue annually by 2014. Executives at MHI have said that they [...]

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Job growth increases moving in U.S. and Texas

Posted on April 15th, 2011 No Comments

As the housing markets in Texas and the United States continue to improve, home and business relocations have seen significant increases.  Lowering unemployment rates and job growth, especially in Texas, have also been cited as reasons for the increased willingness to move.  In addition, experts expect to see this trend continue through at least 2012, [...]

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Austin chip maker to move manufacturing plant

Posted on April 11th, 2011 No Comments

Bean Brand Foods, maker of gluten-free Beanitos Bean Chips, is hoping to move its manufacturing plant to Austin.  The company is headquartered in Austin, but its manufacturing plant is currently located in San Bernardino, California. CEO Doug Foreman stated, “We live here, and we want to put the plant here.”  Foreman is looking to combine [...]

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Gaming tech company to open center in Austin

Posted on April 8th, 2011 No Comments

Razer, the top gaming technology company in the world, recently announced that they will be opening a center in Austin.  The Razer Austin Technical Research Center will focus on innovation and creation of new gaming technologies.  The company was formed in Carlsbad, California and has other offices in San Fransisco and Singapore. Razer CEO and [...]

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Statesman reports home building stats

Posted on April 5th, 2011 No Comments

According to the Austin American-Statesman, home building in Austin increased by 37 percent in the first quarter of 2011 compared to the last quarter of 2010.  However, home construction was down by 10 percent compared to the first quarter of 2010.  Construction began on 1,430 homes in the area from January through March. “Home start activity [...]

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