Rural America shrinks as more move to cities
According to 2010 U.S. Census figures, rural America is shrinking as more and more chose to move to cities. Currently, only 16 percent of American residents live in rural regions. “Many rural areas can’t attract workers because there aren’t any jobs, and businesses won’t relocate there because there aren’t enough qualified workers. So they are [...]
Texas tops states in commercial moves from CA
According to Reuters, Texas beats out all other states in attracting business moves from California. “What Texas has going for it is not just a promotion campaign. That brings to light what it has going for it: fewer regulations, lower taxes and no income tax and a welcoming attitude.” Furthermore, experts say that Texas was [...]
Home sales up in Central Texas
Yesterday, the Austin Board of Realtors announced statistics that show that home sales are increasing in Central Texas while the the median home price has remained the same. In June, home sales in Central Texas increased by 9 percent and the median home price stayed at $205,000. Chairman of the Austin Board of Realtors, Judith [...]
Apartment developer to pay for moving tenants
A Houston apartment developer has agreed to pay tenants for moving them out of the Shoreline and Brookhollow apartment complexes off East Riverside Drive. Grayco Partners will be providing a total of $90,000 to tenants as they plan to demolish the complexes and develop a $200 million high-rise apartment and retail project. The developer also [...]
Austin ranked 24th best rental market
According to a recent analysis from HomeVestors of America, Austin has the 24th best market for renters in the country. The real estate market analyst and property investor considered future home-price appreciation and gross rents in their analysis. First on the list of best rental markets is Las Vegas. Home prices in Las Vegas are [...]
Housing study surprises San Marcos City Council
The results from a recent study completed by San Marcos city staff surprised City Council members. Contrary to their beliefs, only 26 percent of apartment dwellers in the city are Texas State students. 74 percent of apartments in the city are renter-occupied. In addition, the study shows that 56 percent of Texas State students live [...]
Study predicts thousands more to move to Austin
According to a study of recent census data conducted by Business First, Austin’s population is expected to increase by 6,000 people by the end of summer. The City of Austin currently has a population growth of two-and-a-half times the national average. Austin still ranks as only the 35th largest metropolitan area in the country. If [...]
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