For Austinites who love to travel, the Austin-Bergstrom International Airport has made an exciting announcement: as of June 2, the airport will be offering a nonstop flight from Austin to Cancun, Mexico.
The new addition to the flight schedule will provide Austin residents with a couple different options to select from, with flights leaving on Wednesdays and Saturdays at 1:50 p.m. and arriving at 4:10 p.m. Return flights, on the other hand, will leave at 10:30 from Cancun and will arrive back in Austin at 12:50 p.m.
Although the flights won't start until June 2, the airport is already selling tickets for the flights through the Sun Country airline service, though passengers will be checking in through the United Airlines desk. Sun Country is currently…
Residents of the Austin-Round Rock area are well aware that the metro area is one of the best places in the country to live, but it is always nice to have these assertions confirmed by those who don't live there. Thanks to the Milken Institute/Greenstreet Real Estate Partners, residents of the Austin-Round Rock area can feel good in knowing that they are residents of the best performing city in the United States.
The Milken Institute/Greenstreet Real Estate Partners recently released its 2009 list of Best Performing Cities Index and the Austin-Round Rock area topped the list. In creating the list, the Milken Institute/Greenstreet Real Estate Partners considered a number of different factors. These included the area's ability to create and sustain jobs as…
Several new laws affecting homeowners went into effect on January 1 of this year. Although there are numerous new laws that Texas residents should learn more about, those that specifically affect homeowners include new laws that are meant to lower property taxes as well as those that are meant to improve the home appraisal process.
Several new pieces of legislation related to property taxes were passed by lawmakers last year. One of these includes legislation that will limit what is known as a "comparable sale" as well as creating a new arbitration process. Additional legislation establishes new requirements for requesting to increase the amount of a property appraisal after successfully completing an appeal.
According to an Austin Biz Journals report, Texas…
It certainly isn't uncommon to hear Austinites complain about the traffic they experience while traversing the city. But, according to a report recently released by the Texas Department of Transportation, Austin does not rank at the top of the list of congested traffic areas throughout the state. In fact, within its list of the top 100 most congested roadways in the State, downtown's Austin’s I-35 was ranked at number 26. Highways and interstates running through Houston, Dallas and San Antonio, on the other hand, were listed far ahead of Austin's I-35.
I-35 wasn't the only Austin highway to make the list. MoPac between US Highway 290 and US Highway 183 also made the list, ranking in at 44th. US183 from Mopac through to I-35 was also listed, coming in at
For homeowners around the country, facing foreclosure became an unfortunate reality during the recession. While a number of homeowners have been forced into foreclosure on their homes in Austin, the good news is that RealityTrac Inc. has determined that foreclosures in Texas were actually down 7% during the month of August.
For the month of August, the state recorded a total of 11,261 default, bank repossession and auction notices. While this number may sound a bit disheartening, it is actually 6.8% less than the numbers that were posted in July. In fact, during July, these sort of filings were occurring at the rate of one out of every 838 households throughout the state, which put Texas as the 27th highest state in the country in terms of auctions,…
According to a survey conducted by the ETC Institute, Austin's residents rank the city's services at above the national average. The survey considered a number of different services, including:
• Curbside recycling
• Drinking water quality
• Swimming pools
• Youth athletic programs
The survey was conducted by taking a random sample of 1,293 households throughout the city and has a margin of error of plus or minus 2.8%. When compared to cities with populations of over 250,000, Austin ranked particularly high for its "overall quality of customer service provided by city employees." The city also ranked highly for the condition of its streets, the condition of its public areas and for being a great place to raise children.
Although home sales are still down in the Austin area, the figure are steadily showing signs of improvement. Furthermore, prices of homes in the Austin area continue to hold steady, which is one reason why Forbes.com has named Austin as the city most likely to make the fastest economic recovery.
According to the Austin Board of Realtors, a little more than 2,100 single-family home sold in the Austin area in June. This represents a 4% decline when compared to June of 2008, but the year-to-year gap continues to close each month.
Unlike much of the housing market around the country, the median price for single-family homes in the Austin area has not changed when comparing it to a year ago. In fact, with the median home price coming in at just under…
The city of Austin and its residents have long been recognized for their commitment to live a "greener" lifestyle. As such, it shouldn't come as too much of a surprise that the city was recently listed as one of the top 10 greenest cities by The Mother Nature Network.
Founded in 2008 by Chuck Leavell, who is the keyboardist for the popular band Rolling Stones, The Mother Nature Network is dedicated to educating people regarding eco-friendly business practices, transportation options, lifestyle choices and more. The network included Austin in its list of green cities largely because of the city's Climate Protection Program, which is the city's plan to be carbon-neutral by 2020, as well as its electric utility Austin Energy. Austin Energy is a leader in…
Although quite a few wineries have popped up in Austin over the past 10 years are so, there are also plenty of wineries that have been around for much longer. Each of these wineries has been around for so long for one simple reason: they produce a great product. So, whether you live in Austin or you are planning a visit, a stop at one of these tried and true wineries is certainly worth your time.
Fall Creek Vineyards
Fall Creek Vineyards has been around since 1979 and is located in Tow. This winery’s specialty style is classic chardonnay, sauvignon blanc, viognier, cabernet sauvignon, and shiraz that has been perfectly blended in a “New World style” with “Old World grapes.” The showcase wine of Fall Creek Vineyards is its 2004 Meritus, which is a…
According to Forbes, the city of Austin is the 8th best place for business as well as for career. Among the reasons for the city's high placement on the list is the fact that the projected annual job growth rate for the city is currently at 2.3%, making it the fifth fastest growing city in terms of job growth. The city also ranked highly on the list due to its subprime mortgage exposure, which is relatively low when compared to other markets.
"The city of Austin is extremely business-friendly," said Glenn Cooper, who is the head of real estate at Charles Schwab Corp, in an interview with Austin Biz Journals. "They have bent over backwards to accommodate us."
Charles Schwab Corp recently expanded its presence in the city after purchasing the 401(k)…