Senator Watson (D-Austin) envisions a massive investment in Austin to create a medical school, complete with a state-of-the-art training hospital, in collaboration with Seton Healthcare. The University of Texas would provide the medical degree and educational components of the plan. While he recognizes the challenge he is up against, he expressed a strong desire to move this past talk and into action.
The downtown Austin apartment market continues to show strength. A recent announcement for a new high-rise luxury apartment building is a good indication of the confidence that investors and developers have in the urban core rental market.
With the recent devastation due to wildfires in the Central Texas region, we thought it would be appropriate to outline the impact wildfires can have on real estate and the housing market. While not specific to the most recent fires, these are common effects a wildfire can have on a local market. Continue reading
Mark Sprague, Director of Business Development at Mission Mortage of Texas, Inc, was recently asked questions regarding the housing market in Austin. We are sharing the questions and Sprague’s answers to the most recent questions. To learn more about new home starts, top builders, most popular subdivisions, and more, please read the full story… Continue reading