• Buying in Austin,  Selling in Austin,  Stats

    Forecasting 2014: “Nothing Much New Here”

    After attending a series of panels and seminars focused on the economic forecast for the Austin metro area, it appears 2014 is shaping up to be more of the same. With every major stat tracking toward the positive other than inventory, it feels as if there’s “nothing much new here” to report. Still, let’s try! TRENDS 2013 finally brought a gentle rise in interest rates, something we’ve all been warned about for years. As the Fed just began tapering debt purchases within the past couple of weeks, it seems we’ve already seen the largest jump in interest rates. Though we will see continued increases in interest rates, often forecasted between…

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  • Areas,  Buying in Austin,  Selling in Austin

    A New Mopac in 2015

    Last week select agents had the opportunity to hear directly from Steve Pustelynk, director of communications for the Central Texas Regional Mobility Authority. Offering an informative presentation, those in attendance heard a bit on the history of tolling, the current state of commuting in Central Texas and future highway expansions. Truth be told, Steve has his work cut out for him with future hot-topic projects including the expansion of the Capital of Texas Highway and the Oakhill fly-over. For now, let’s focus on the Mopac Expansion. To me, the most exciting and likely the most important highway expansion on the horizon, the plans are both innovative and aggressive. Imagine, from Parmer…

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