Austin has so many new restaurants opening this Fall. Below are some that I am most looking forward to:
Olamaie - 1610 San Antonio Street, Modern Southern food expected to open late August
Jacoby's - 3235 E. Cesar Chavez - Ranch-to-table menu with beef from the family's ranch similar to the family restaurant in Melvin, TX
Dai Due - 2406 Manor Road - New restaurant and butcher shop from the long time farmers' market stand and supper club opening Late August
Sawyer & Co. - 4827 East Cesar Chavez Street, Mid-centry inspired diner with New Orleans style fare opening Late August/early September
Wu Chow - 500 W. 5th, Swift's Attic owner C.K. Chin's modern Chinese restaurant will open Fall 2014
Peached Tortilla - 5520 Burnet Road, the popular Asian food truck will open its own restaurant this Fall
For a comprehensive list, check Austin Eater's article here.
AUSTIN (KXAN) — New numbers provide further proof, Austin is the hottest real estate market in the country.
The capital city is now No. 1 in the country for fast home sales, with 40 percent of homes selling within seven days. The average is 10.
Average sale prices are cresting too, running about $60,000 more than Texas cities like Dallas, Houston and San Antonio with no significant slowdown in sight.
“In some areas we saw 10 percent price increases,” said Bradley Pounds, sales manager at Watters International Reality. “The double digit increases may not continue, however, there will be a significant price increase in 2015.”
A big reason the housing market remains strong is because of the consistent growth Austin is seeing.
Earlier this year the city demographer said 110 people move to the capital city every day on average, and that takes into account all of the people who leave.
As of this April, the city demographer said Austin’s population is more than 865,000.
The entire metro area has a population of nearly 2 million people.
Austin country musician Ricky Calmbach has a third child and a fourth album on the way, so he is selling his north side home for more room. His home went on the market Friday afternoon and within a few hours he was bombarded with calls for appointments.
“Since it went live I’ve had texts and calls from realtors constantly wanting to show the home,” Calmbach said. “Pretty amazing to me.”
But he’s not complaining. “I’ve got the chum bucket out,” he exclaimed, ready to reel in hungry buyers.
He also knows he will quickly have to transition from seller to buyer and prices are steep. He wonders, even with an appreciation profit, if his family will be able to find a larger home in the same area.
Realtors say the market will remain strong if interest rates and inventory remain low, and if the job market, local rent rates and Texas transplant demands remain high. Any severe bubble burst is unlikely.
Experts suggest checking comparable prices in the last 30 days. The market is changing so fast that going back the traditional six months is irrelevant. Listen to your appraiser and lead with your head, not your heart.
If you offer above asking price because of multiple bidders, remember the market could slow down some. Condos and outlying areas are likely to cool off first.
“Central Austin is nearly bulletproof,” said Bradley Pounds. “They don’t make Central Austin anymore.”
For more information read the KXAN article here.
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After 11 years in Los Angeles, the 2014 Summer X Games have arrived in Austin. Taking place June 5 - 8, the festivities begin tonight with the inaugral event in front of the State Capital. Tony Hawk and friends will kick off the free event by performing demos on the Vert ramp located on Congress Aveneue. The free admission will also gain you access to a performace by Holy Ghost! at the ACL Live at Moody Theater. Access for this event is first come first serve until the venue reaches capacity.
Through out the weekend, 20 live hours will be broadcasted on ESPN and ABC from the Circuit of the Americas. Competitions in skateboarding, BMX, Moto X, and 4Wheels will be followed by music every night with likes of Kanye West, The Flaming Lips, and Gary Clark, Jr. and much more. With so much to see and do, this huge event should not be missed. All day tickets start at $39 and can go up to the ulitmate VIP experience.
For more information on the X Games click here.
Blues on the Green, one the highlights of the Austin Summer starts next week! This Summer concert series put on by Austin's own KGSR offers a great way to enjoy a free concert all the while taking in a perfect view of the downtown skyline from Zilker Park. Enjoy one of the many restaurants and vendors at the food trailers and booths set up through out the park. Bring you kids, pets, and a blanket and enjoy the shows every other Wednesday night.
The 2014 Lineup:
JUNE 4 SAINTS OF VALORY with very special guests WILD CHILD
JUNE 11 HEARTLESS BASTARDS with DANA FALCONBERRY
JUNE 25 SHINYRIBS with TAMECA JONES
JULY 9 GRUPO FANTASMA with GREYHOUNDS
JULY 23 ACL Festival Preview:
ROBERT ELLIS with THE NIGHTOWLS
AUGUST 6 CHARLIE MARS with QUIET COMPANY
For more information, click here.