Real Estate News

Source: Austin Business Journal Residential Real Estate News
Since the murder of George Floyd last summer, a number of companies around the nation have publicly committed to becoming more diverse, equitable and inclusive. Those commitments have been followed by efforts to diversify workforces, create more equitable working environments, and invest in initiatives that promote racial and social justice. Experts say [...]
Fri, Nov 12, 2021 6:24:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
The city of Austin has spent several months trying to figure out new fees for the Downtown Density Bonus Program that go toward affordable housing. Developers will have to wait a little longer to learn what the recalibrated fees will look like. [...]
Thu, Nov 11, 2021 8:19:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Central Austin Management Group — known for developments like Springdale General and Canopy — is pursuing its largest project yet, which could result in hundreds of apartments and hundreds of thousands of square feet of commercial space. A portion of that would be specifically targeted to the creative class, which [...]
Thu, Nov 11, 2021 1:57:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Right now, Fair Market is a 17,000-square-foot venue that opened in 2014 and has been used for South by Southwest activations, Formula One events, weddings and more. Soon, developers intend to raze the building and build much bigger. The proposal is not without controversy. [...]
Wed, Nov 10, 2021 8:02:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Entrepreneur-turned-real-estate-developer Jonathan Coon has new plans about how to transform 145 acres overlooking Lake Austin. He aims to create 179 luxury residences on this prized piece of land, and he's enlisted huge partners such as the Four Seasons, architecture firm Page and global real estate firm Hines. Prices will start [...]
Wed, Nov 10, 2021 3:47:00 AM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
Plans were recently enlarged and now call for 1.9 million square feet of office space, 225,000 square feet of retail space, 175,000 square feet of hotel space and tons of housing on about 116 acres between U.S. 183 and the 183A toll road. Many urbanism advocates have pointed to this [...]
Tue, Nov 09, 2021 8:47:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
The company's Austin holdings represent only a small fraction of the market. But the move still has local ramifications. This article looks at what Zillow owns locally, what will happen to those homes, and why iBuyers may not be so attractive in a market like Austin’s. [...]
Tue, Nov 09, 2021 8:39:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
The stock-market value of public homebuilders has grown sizably since the pandemic. [...]
Mon, Nov 08, 2021 3:51:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
The wind down of Zillow Group Inc.'s iBuying business announced last week has thrown new scrutiny onto the direct-homebuying business. [...]
Mon, Nov 08, 2021 3:44:00 PM, Continue reading at the source
Source: Austin Business Journal Residential Real Estate News
One of Austin's largest brokerages has expanded to San Antonio and now has an office in the region. The firm says it is on track to close $92 million in home sales by the end of the year. [...]
Mon, Nov 08, 2021 1:59:00 PM, Continue reading at the source