Falconhead7

Are Austin Home Prices Rising Too Quickly?

With the rapid appreciation of home prices in Austin, Texas, some may be asking: Is it too much, too quickly? The Real Estate Center at Texas A&M University says no. A study of home values showed “neither the state of Texas nor any of its 25 MSAs (metropolitan statistical areas) currently are experiencing episodes of explosive behavior in house prices.” The reason for this? Home value appreciation in Texas has …

Texas hill country land

Affluent Buyers Seek Lifestyles of the Land Rich in the Texas Hill Country

The Texas Hill Country has long been an area prized for its beautiful hills, its rolling waterways, and its rustic, rocky beauty, but according to the Wall Street Journal, it’s also now a refuge for affluent buyers looking to cash in on their own piece of Texas paradise. The trend has emerged as more people are buying 100-plus acres and then remodeling or building a luxury home on the property. …

Upscale Moviehouse & Eatery Theater Slated for Southwest Austin

The upscale movie theater chain Moviehouse & Eatery announced plans for a new mixed-use $80 million development complex in Southwest Austin. Construction on the 325,000 square foot development will begin this year at the southwest corner of William Cannon Drive and Southwest Parkway, making it an ideal destination for those in the Barton Creek and Lost Creek neighborhoods, as well as Travis Country, The Ridge at Lantana, and the Oak Hill …

Austin hills luxury homes

Highest-End Luxury Home Prices Fell in First Quarter 2016

The priciest five percent of United States homes sold in the first quarter of 2016 experienced a drop in sales prices, falling 1.1 percent compared to this time last year, according to Redfin. This was despite the remaining 95 percent of homes maintaining positive momentum and increasing 4.7 percent compared to this time last year. Austin, Texas had the second largest drop among the highest-end luxury homes at 11.8 percent. …

The Shops at the Galleria Sold

The Shops at the Galleria, a popular shopping center for those who live in West Lake Hills, Bee Cave, Lakeway, and Barton Creek, has a new owner. At 12780 Shops Parkway, directly across from the Hill Country Galleria near Highway 71 and Bee Caves Road, the Shops is 100% occupied and includes such favorite retailers as Lowe’s Home Improvement, Home Goods, Best Buy, Michael’s, ULTA, Marshalls, Old Navy, PetSmart, Office …

Saks Off 5th Opens in North Austin

A new Saks Fifth Avenue Off 5th store has opened, at the Gateway Shopping Center off Research Boulevard in north Austin. The only other Central Texas location for the discount luxury retailer is in San Marcos at the San Marcos Premium Outlets. The 50,000 square foot store will carry designer clothing for men, women, and children, plus home goods, at discounted prices compared to the original Saks Fifth Avenue stores. …

New, Roomier Daily Austin-London Flight at ABIA

Starting this month, Austin, Texas is the first city in North America to launch a daily flight between Austin and London Heathrow using British Airways’ 787-9 Dreamliner aircraft. While daily flights between the two cities have been the norm since March 2014, this new jet is a roomier, stretch version of the previously used 787-8 Dreamliner. According to a City of Austin press release, British Airways has been promoting the …

Rollingwood House

Luxury Home Sales Up In Texas’ Big Cities

Luxury home sales were one of the fastest growing housing segments in 2015, with sales volumes increasing across the board for big-city homes sold at $1 million or more, according to the 2016 Texas Luxury Home Sales Report by the Texas Association of Realtors. The report noted this past year’s luxury home trend was “to purchase homes on smaller lots, but in more desirable locations and with higher-end amenities.” Rising …

Luxury Bus Access from Austin to Houston Begins

Vonlane, the “private jet on wheels,” will begin offering luxury bus service between Houston and Austin this month. Targeted to the business and leisure traveler who wants to skip the hassle of air travel, Vonlane’s luxury motor coach service includes large leather seats with ample leg room and a desk-like workspace, Wi-Fi, complimentary refreshments and snacks, noise cancelling headsets, and satellite television and radio. A private, closed door conference room …

Holiday Lights in Greater Austin

Austin is known nationally in many ways, and it now can add one more accolade to the list. Redfin named greater Austin as one of the top 25 areas in the nation for holiday lights. It also listed Austin’s top five, must-see sites for lights, based on survey results from real estate agents. Cedar Park The Anna Court neighborhood at 1329 Anna Court has a 175,000-light display up and running, …