From Austin ABOR
“The highly anticipated release of Google Fiber in Austin has everyone asking how the Gigabit Internet service, which is up to 100 times faster than standard broadband, can make its way into their homes. It’s a simple process, but one that requires the entire community to join together; it’s up to you!
A “Fiberhood” is a grouping of a few hundred homes, meaning you and a few hundred of your neighbors equals a “Fiberhood.” Each “Fiberhood” will have a sign-up goal, and once you and your neighbors reach your goal, Google will start installing Fiber in your homes within a few weeks. All you have to do is visit Google Fiber Austin and enter your email and zip code. It’s that easy. Tell your clients, neighbors, and co-workers how to obtain this exciting new service. ”
Click link here to sign up
AUSTIN, Texas – Nov. 21, 2013 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales and prices increased nine percent in October.
According to the report, 2,145 single-family homes were sold in the Austin area, which is nine percent more than October 2012. The median price for Austin-area homes was $217,000, which is nine percent more than the same month in 2012
In October 2013, inventory dropped back to a historically low level of 2.5 months, which was first reached in January this year and is approximately one month less than October 2012. Additionally, homes spent an average of 48 days on the market, which is a decrease of 20 days from one year prior.
The total dollar volume of single-family properties sold was $600,548,520 or 11 percent higher than the same month last year. The market also featured 14 percent more new listings, 12 percent fewer active listings and eight percent more pending sales in October 2013 compared to the prior year.
October 2013 Statistics
2,145 – Single-family homes sold, nine percent more than October 2012.
$217,000 – Median price for single-family homes, nine percent more than October 2012.
48 – Average number of days single-family homes spent on the market, 20 days fewer than October 2012.
2,559 – New single-family home listings on the market, 14 percent more than October 2012.
5,540 – Active single-family home listings on the market, 12 percent fewer than October 2012.
2,069 – Pending sales for single-family homes, eight percent more than October 2012.
2.5 – Months of inventory* of single-family homes, about one month less than October 2012.
$600,548,520 – Total dollar volume of single-family properties sold, 11 percent more than October 2012.
The following sections describe trends in other sectors of the Austin real estate market.
Townhouses & Condominiums
The number of townhouses and condominiums (condos) purchased in the Austin area in October 2013 was 288, which is 40 percent more than October 2012. In the same time period, the median price for condos was $209,000, which is 14 percent more than the same month of the prior year. These properties spent an average of 47 days on the market, or 27 percent less time compared to October 2012.
* The inventory of homes for a market is measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.
Courtesy of Gracy Title
Overview: Express lanes on North MoPac from Cesar Chavez to Parmer Ln, sound walls adjacent to nearby communities, and enhancement of bicycle and pedestrian facilities with focus on enhancing the visual appearance of the corridor, compose the $200 million MoPac Improvement Project. With the goal of reducing congestion and unreliable travel times during peak hours, this project is expected to take approximately two years and is scheduled to commence in late 2013.
During November of 2013 the corridor will experience a surge of people to begin the work. By the second week of December construction will be in full effect between RM 2222 and US 183.This will translate to drivers experiencing lane changes, construction barriers and lane closures in the late evening hours. Lane closures are limited to the contractor to occur between 9:00 pm and 5:00 am on weekdays with the option to work any time during weekends and holidays. Lane closures will not be allowed during special events or major such as SXSW, Austin City Limits and University of Texas home football games.
Express Lanes: Express Lanes are special barrier-separated lanes designed to remain congestion free and intended to give public and private vehicles the ability to avoid congestion by paying a variable toll. This is accomplished by increasing the toll when traffic is heavy and lowering it when traffic is light. Expected initial cost has been estimated at $0.25 to $4.00 per trip, but may be higher if demand is greater than projected. As a direct result, the express lanes will reduce congestion in general purpose lanes. The number of non-tolled lanes will not change from what they are today. Additional pavement will be added in the median at some areas where as other areas will see the widening on the outside of the existing highway to accommodate the new toll lanes.
Other Improvements: The project includes approximately $5 million worth of improvements to bicycle and pedestrian facilities. The project includes 3 miles of shared use path, a new bridge over the railroad tracks north of Braker Lane, four miles of sidewalks, Americans with Disabilities Act enhancements and bike lane improvements at 13 cross streets along the corridor.
Numerous trees and landscaping elements added along the side of MoPac and 7 miles of sound walls, with heights ranging from eight to twenty feet. To reduce traffic noise levels, sound walls have been strategically planned and adjacent property owners voted to decide whether they wanted walls or not.
Austin’s economy ranked No. 1 in the country (from Gracy Title)
Sweetwater Glen See Virtue tour here
Beautiful 2 story home w/ loft & open concept in a great neighborhood. House has gorgeous Brazilian hardwoods, custom lighting & ceiling fans throughout. Upgraded in kitchen included granite counters, stainless steel dishwasher, high end double oven gas/convection range, black refrigerator, water purifier & water instant hot tap. Beautiful landscaping w/ irrigation system & large back yard. Close to DT.
See this year 2013 teaser
Capitol BEST (Boosting Engineering Science and Technology) is a non-profit organization that organizes a yearly engineering contest designed to inspire students towards further studies in the fields of science and engineering. Starting from a box of raw materials, middle school and high school teams of students are given six weeks to design, build, and then demonstrate a remote-controlled machine that will perform a given task. Engineers and scientists from local industry team with the students as technology coaches, whose job is to mentor and guide the students in understanding the engineering process, teaming, brainstorming and other business principles. On contest day, teams pit their machines in a head-to-head sports-like competition to see which is BEST. Winners advance to the Texas BEST regional competition held each year at The University of Texas at Dallas.
The technology contest is designed to simulate a real-world business and engineering environment. The “ultra-secret” game is revealed at the competition “Kickoff”, held in mid-September. At the kickoff, each team is shown the game field, and given:
For more info go to http://www.capitol-best.org/
We are looking for more volunteers , please sign up on the website.
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