A holiday season like never before

Like most of the world, Austin is preparing to celebrate the holidays like never before. For some, that means drive-thru events and virtual get-togethers. For others, it is beginning to look a lot like an early Christmas as trees are already coming out of storage and being decorated, It’s “Festivus for the rest of us”, as the late great Jerry Stiller gifted us in that memorable Seinfeld episode. That grievance pole is certainly coming out this year for sure, as everyone has a bone to pick with the year 2020. Continue reading

Spring Events in Austin Texas

photo by S. Nascimento

Austin Texas:   always a constant source of entertainment, education and a platform for just about anything, but spring time certainly kicks things up a notch.

March Highlights in Austin

The City becomes a global showcase for technology, music, film and even kites. Honorable mentions include President Obama’s keynote, his trip to Torchy’s Tacos, the First Lady’s visit and a record high of 92 degrees. Highlights for the month include the South by Southwest (R) film, interactive media, and music festivals and conferences, the Zilker Park Kite Festival, Rodeo Austin and St. Patrick’s Day at Fado. Last years SXSW (R) festival alone generated a total economic impact of $317.2 million. It is the single most profitable event for the City’s hospitality industry.

Attention Getting Austin hits 2 Million Residents

It was also spring break in Central Texas, so if you left town – you missed the traffic as well as the tie fighter.  Austin’s consistent global spotlight reflects the booming real estate market.  Plenty of people come for a visit for work or vacation and then don’t want to leave.  The U.S. Census Bureau just reported growth in the Austin-Round Rock metro area from 1,943,465 in July 2014  to 2,000,860 in July 2015.

For every event I mentioned, there were 2 that I didn’t. Let’s just say adults and children alike were a little sleepy last week from springing ahead along with being back to the daily grind.

Halloween Treats in Austin 2015

www.elissamariecreative.com

Photo courtesy of elissamariecreative.com

Zombies, Stormtroopers and Minions unite! Halloween in Austin is always a big day for kiddos and the young at heart.  This year it is going to be huge.  Not only is Halloween on a Saturday, but Comic Con in Austin will also be taking place as well.  Drivers need to be extra careful of bands of pedestrians like a zombie horde in The Walking Dead.

Trick-or-Treating in Austin

If you watch The Walking Dead, a band of survivors are currently living in the Alexandria Safe Zone, which is an ideal representation of a community for trick-or-treating.  The homes are situated on a low-traffic street and set within close proximity to one another, not unlike Austin neighborhoods such as Circle C, Legend Oaks, Cherry Creek, Barton Hills, Crestview, Tarrytown and Plum Creek in Kyle.  Halloween is all about time management.  Kids look for the most houses they can visit in the least amount of time.

Austin Events

In addition to candy collecting, night owls will be enjoying an evening parade in East Austin and the annual Zombie Ball downtown.

If you are: a pedestrian — stay safe, a driver — stay alert or home living in a zombie prone community — have candy.

Austin is for Lovers

Austin City Limits Music FestivalFall is one of the most diverse seasons in Austin for entertainment. Lovers of art, music, books, food, beer and even fast cars will find an event happening now and in the weeks to come.

Austin Events

Here is a list of some October/November Austin events.
For a complete list, go to: http://www.austintexas.org/visit/events/october-november/

Austin City Limits Music Festival
10/2/15 – 10/4/15 and 10/9/15 to 10/11/15
www.aclfestival.com

Texas Book Festival
10/17/15-10/18/15
www.texasbookfestival.org

Oktoberfest
10/17/15
www.germantexans.org/festivals

Formula 1 Grand Prix
10/23-10/25/15
www.circuitoftheamericas.com/f1

Austin Film Festival
10/29-11/5/2015
www.austinfilmfestival.com

Wizard World Comic Con
10/30-10/31/15
www.wizardworld.com/home-austin.html

Texas Monthly BBQ Festival
11/1/15
www.texasmonthly.com/bbqfestival

Fun Fun Fun Fest
11/6-11/8/15
www.funfunfunfest.com

Wurstfest
11/6-11/15/15
www.wurstfest.com

U.S. Vintage Racing National Championships
11/7-11/8/15
www.circuitoftheamericas.com/vintage

Ironman 70.3 Austin
11/8/15
www.ironman.com

East Austin Studio Tour
11/14-11/15/15, 11/21-11/22/15
http://east.bigmedium.org/

Turkey Trot
11/26/15
www.thundercloud.com/turkey-trot

Downtown Austin Market Data

Want to live in the heart of it all?
Here is today’s median data for active and pending single-family houses within 1 mile of downtown Austin:
Median List Price: $953,116
Median Size: 3 bedrooms / 3 baths at 2,459 square feet
Median Year Built: 1941

Median data for active and pending condos within downtown Austin:
Median List Price: $416,000
Median Size: 1 bedrooms / 1 baths at 852 square feet
Median Year Built: 2008

Austin City Limits Music Festival Real Estate Recap

Austin City Limits Music FestivalThe Austin City Limits Music Festival has come and gone for 2014 leaving a large boost for Austin’s economy in its wake. Headliners including Outcast, Eminem and Pearl Jam contributed to both 3-day weekends selling out to roughly 75,000 visitors per day. The estimated total in revenue was $175 million for Austin in 2013.

Much of the economic contribution is from out of town guests visiting and staying in Austin for the festival. Roughly sixty-six percent of ACL festival attendees are from out of town and spend an average of nearly $900 per day on food, lodging and retail.

For attendees curious to know what homes are worth near the Austin City Limits Music Festival, below lists up-to-date market data specific to real estate for sale located within 1 mile of Zilker Park:

Austin Condominiums for Sale near Zilker Park:

  • Current Number of Active Homes: 23
  • Total Number of Pending and Active homes: 31
  • Average List Price: $487,884

Austin Single Family Houses for Sale near Zilker Park:

  • Current Number of Active Homes: 14
  • Total Number of Pending and Active homes: 25
  • Average List Price: $1,465,393

Other Zilker Park events include the Zilker Kite Festival, Blues on the Green and the Zilker Trail of Lights lending it to be a source of  consistent entertainment year round.  Homes located near Zilker Park are considered prime real estate and are consistently low in supply and high in demand.

Selling Austin Homes During SXSW

Game of Thrones Exhibit

Austin Music Hall is transformed into Westeros for Game of Thrones Exhibit

South by Southwest® 2014 appears to be a record breaker for Austin as reported by KEYE TV.  Austin has received an economic boost to the tune of an estimated $218 million.  SXSW® brings people from all over the globe to our fair city for 10 days of interactive, music and film.  From Lady Gaga to Jimmy Kimmel, a gaming expo to the Game of Thrones exhibit, from as far as Australia and South Africa, the South by Southwest conference and festival certainly makes the world feel a little smaller.

Last week most of Austin went back to work, back to school and if you are in the market for a new home in Austin — back to looking for one.   Spring break, coupled by South by Southwest, resulted in altered office time and traffic patterns as everyone’s schedule changed a bit, so it has been nice to get back into a routine.

Shopping for Austin Downtown Condos and South Austin homes near South by Southwest Festival and Conference

I was in the thick of it all for showing properties too.  Some of my time was in South and East Austin showing single family houses, touring Barton Place condos and venturing Downtown as well to viewing units in 360 Condominiums and Milago.  After going on a few listing appointments, it has become very clear that sellers need to have a solid plan in terms of where they are moving.  Just as I need buyers to think fast on their feet these days, sellers need to have a good idea where they are headed to make sure the plan is viable.  In a New York minute the seller in this market becomes the buyer, so preparation is key.

Austin Film Festival 2013

AFF-Logo-The Austin Film Festival celebrates its 20th anniversary this week, starting October 24 and continuing for 8 days ending October 31. The Austin Film Festival and Conference focuses on inspiring and honoring the work of seasoned and rising writers, directors, producers, actors and editors.  There will be about 19,000 attendees between the film festival and conference, which include panels, competitions, round table discussions, Q&A sessions mainly at The Driskill and Stephen F. Austin Hotels.

There will be 130 films, 75 shorts and 55 features screened in 8 theaters around Austin including the Paramount, Galaxy Highland 10, Alamo Drafthouse Village, Texas Spirit Theatre, Rollins Theatre, State Theatre, IMAX Theatre and the Hideout.

Homes for Sale Near Movie Theaters in Austin

Here are Average List Prices of homes located less than 1 mile from these neighborhood theaters:

  • Paramount (Downtown) Average List Price: $663,759 based on 43 active home
  • Alamo Drafthouse Villlage  Average List Price $295,478 based on 12 active homes
  • Galaxy Highland 10  Average List Price $328,694 based on 7 active homes