Author Archives: devm0406

Austin Sizzles – so Plan Accordingly!

Posted on August 25, 2011 by devm0406 Leave a comment

Austin is sizzling, even if its real estate market isn’t. Hot, dry summers may be the norm for the next few years, according to Bob Rose, chief meteorologist at LCRA. Hopefully they won’t be as brutal as the Great Drought … Continue reading →

Downtown Austin, Real Estate

Autumn in Austin – Good Time to Buy

Posted on August 20, 2011 by devm0406 Leave a comment

Labor Day is just around the corner and fall is in the air. What?? Just kidding! Cooler, wetter weather does not look likely for the Austin area for the next couple of months. Still, Labor Day traditionally kicks off the … Continue reading →

Downtown Austin

Downtown Austin Needs Parks

Posted on August 12, 2011 by devm0406 Leave a comment

The historic drought gripping Austin and most of the state shows exactly why the city – notably downtown – needs better parks and green space. Downtown Austin has turned into a Death Valley as office workers, residents and tourists stay … Continue reading →

Downtown Austin, Downtown Housing, Parks ,

Downtown Austin needs retail – not another hotel

Posted on August 3, 2011 by devm0406 1 Comment

Yet another hotel is being proposed for downtown Austin if the zoning is changed at Congress Avenue and 8th Streets, according to the Austin American-Statesman. Developer Colina West Limited wants to build a boutique hotel, which would be the 2nd … Continue reading →

Downtown Austin, Retail ,

Mortgage Rates Likely to Rise if U.S. Credit Rating Downgraded

Posted on July 29, 2011 by devm0406 Leave a comment

The US credit rating already has been tarnished, according to some financial analysts, regardless of whether Washington reaches a compromise on raising the debt ceiling by the Aug. 2 deadline. These analysts say America’s creditworthiness has been damaged even if … Continue reading →

Buying Opportunity, Condos, Downtown Austin, First Time Home Buyer

Tips for First Time Homebuyers

Posted on July 22, 2011 by devm0406 1 Comment

Less than one-third of home purchases in June were made by first-time buyers, according to the National Association of REALTORS®. In the past, as much as one-half of all purchases were made by first-time buyers. So, what’s the problem? Financing! … Continue reading →

Condos, First Time Home Buyer, Single Family Homes ,

Debt Ceiling Deadline Looms: Markets Reel, Lenders Tighten

Posted on July 15, 2011 by devm0406 Leave a comment

The debt ceiling negotiations continue with President Obama and the Republican-controlled Congress at odds on the best course of action before the Aug. 2 deadline to raise the debt ceiling. The stalemate has even prompted foreign nations, such as China, … Continue reading →

Downtown Housing, Real Estate

Cool Austin Accolades

Posted on July 8, 2011 by devm0406 1 Comment

AUSTIN, EL PASO CRE MARKETS ON UPSWING NEW YORK (Real Estate Forum) – American Law Media’s Real Estate Forum magazine published its list of ten “up and coming” commercial real estate markets, and Austin and El Paso were among them. The magazine said … Continue reading →

Downtown Austin, Downtown Housing, Luxury Condos, Real Estate , , , ,

Four Seasons best pick of downtown Austin luxury condos

Posted on July 1, 2011 by devm0406 Leave a comment

Recent developments at the W luxury condos this week make it the least attractive of the high-end condos for sale in downtown Austin. Falling glass has closed the hotel part of the W building, prompted partial street closures and triggered … Continue reading →

Condos, Downtown Austin, Luxury Condos ,

Providing Quality Education vs Real Estate Investment

Posted on June 23, 2011 by devm0406 Leave a comment

Austin Community College plans to buy the rest of the Highland Mall shopping center that it doesn’t already own, according to local news reports, leaving it with total ownership of 81 acres and three major buildings. Over the years, ACC … Continue reading →

ACC, Austin Community College, Real Estate ,