During these tough economic times, the entire country is experiencing the financial pinch. Sadly, thousands of people have lost their homes to foreclosure due to their inability to pay their home mortgage loans. Although these financial difficulties have struck the Austin area as well, RealtyTrac Inc. of Irvine, California reports that Austin performed better than other cities in 2008 when it comes to the number of foreclosures.
According to RealtyTrac Inc., just under 1% of homes were foreclosed upon in the Austin-Round Rock area. This accounts for 5,737 properties and places the Austin-Round Rock area in the number 80 position of the top 100 U.S. metro areas. At the national level, home foreclosures rose a staggering 81%, which equates to…
Round Rock will soon be home to a new $119 million Austin Community College District campus. According to Austin Biz Journals, the college broke ground on the new campus recently and will expects to be open to students by 2010.
The new campus, which will be able to serve 11,500 students, will cover approximately 600,000 square feet. The building, on the other hand, will cover 275,000 square feet. This building will include both classroom and administrative space. In addition to housing traditional classrooms, it will also be home to science labs as well as several specialized facilities that are designed to assist students with getting into the workforce. Some of these will include renewable energy facilities and automotive technology facilities.
The State of Texas Sees a Higher Net Gain of Incoming Relocations Than Any Other State
According to a report recently released by Allied Van Lines, the state of Texas remains the number one state for residential relocations. This isn't the first time the state has received this honor, however, as it was also ranked number one during the previous four years.
In the report, which is officially named the 41st Annual Magnet States Report, tracks migration patterns throughout the United States. The company found that 3,988 people moved out of Texas with the help of Allied Van Lines, while 5,891 people moved into the state. As such, the state had a total net gain of 1,903 new residents.
Although this number is down from the previous year, which saw a…
During a time when the unemployment rate is increasing in cities around the country, the city of Austin actually expects to add around 2,100 jobs in 2009. While this is a bit disappointing for the city, which added about 19,000 jobs in 2008, it is still better than most other cities around the country.
Angelos Angelou of AngelouEconomics recently released his annual forecast to the Austin business community, at which time he discussed the effects of the recession on the city of Austin. While he acknowledged that things are looking more grim than usual, he also expressed optimism for the city – particularly in the areas of creative media and renewable energy.
“Austin has been through these cycles before, and come out stronger than ever,” Austin Biz…
In keeping with the "green" movement that has long been going strong in Austin, Enterprise Rent-A-Car has recently decided to designate two of its locations in the city as "hybrid branches." Although these branches will still have non-hybrid vehicles for rent, they will be home to a much larger concentration of hybrid vehicles than what is found at other Enterprise Rent-A-Car branches.
Austin isn't the only city that will enjoy the option to select a hybrid vehicle from Enterprise Rent-A-Car, as the company is planning to add almost 5,000 hybrid vehicles to its national fleet. The decision to focus on hybrids at two of Austin's branches, however, can in response to the overwhelming demand for eco-friendly alternatives within the city.
New Listing in central Austin close to downtown! Complete remodel - this home was rebuilt from the foundation up in 2004. Wood floors, ceramic tile back splash, stainless steel appliances, recessed lighting, custom designed bathrooms. Great for Grad students or young professionals, you must see this home to appreciate it. This home is move in ready, even the furniture is negotiable, Don't wait till it's too late!!
Asking $227,400 - Call Crystal Guthrie at 512-422-3452 !
It is essential to have homeowner’s insurance in place when you purchase a home. If you are borrowing money in order to purchase the home, the lending institution will require you to purchase homeowner insurance before the transaction can be completed. This is because the lending institution wants to make sure its investment is protected if the house were to be damaged or destroyed. Even if you are no longer carrying a loan on your home, however, it is a good idea to have insurance in place. After all, a home is a major investment and will cost thousands of dollars to replace if disaster strikes.
What Does Home Owner’s Insurance Cover?
The items that are covered by your homeowner’s insurance will be specified within your policy. In general,…