Luxe Austin Homes

 

Knowledge is power, and Grossman and Jones gives you the power you need to know what is going on in the mortgage world. Todd Grossman of the Grossman & Jones Group with Compass and Brandon Sparks with Barton Creek Lending Group discuss changes in lending and the effects, Jumbo Loans, and the future of the housing market during COVID-19.

 

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If colder weather has you looking for a warm spot to spend you evenings, check out our list of the Coziest Happy Hour spots in Austin! Keep reading to learn more about their specials!

1. Jeffreys

This classic restaurant is in the popular Clarksville neighborhood. The happy hour menu features half-off appetizers and $2 off drinks at the bar. It runs all night on Monday, and then from 4:30 to 6:30 p.m., Tuesday through Sunday. Our menu item is the Truffled Deviled Eggs. 

 

2. The Driskill Bar

Located in the historic Driskill Hotel in Downtown, this bar offers happy hour everyday. Sunday thru Wednesday 5:00 PM - 7:00 PM and Thursday thru Saturday 4:00 PM - 7:00 PM they have $5 Cocktail Specials and 1/2 price bar snacks and finger foods.…
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A state appeals court ruled Nov. 27 that the city's regulations banning some types of short-term rentals and restricting their use are unconstitutional. In 2016, Austin City Council passed an ordinance to outlaw by 2022 short-term rentals in residential areas where the owner doesn't live on the property. The ordinance also created requirements around advertising, noise, inspections and occupancy limits at the rentals. The state appeals court has declared some elements of Austin's rules governing short-term rentals unconstitutional, including provisions banning non-owner-occupied rentals and occupancy limits.

In 2016, the City Council passed sweeping new regulations of short-term rentals, like those you find through Airbnb

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Austin has a booming real estate market and it does not appear to be slowing down. With the growing market comes growing real estate prices. Austin is "leading the nation, in terms of population growth over the last eight years. Along with all of the population and economic growth comes higher home prices. So, what you get for that $1 million budget just isn’t as much as it used to be. You are losing about 1,000 square feet for that $1 million home just in the last five years," says Zillow Economist Kathryn Courselle. Home values in the U.S. have grown 40% and in comparison have grown over 60% in the Austin metro. While downtown Austin is seeing an invasion of condominiums valued at over $1 million, according to Zillow, 87% of the homes valued at

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Improvements on RM 222

There are multiple projects planned and ongoing for 2222. One that is currently being worked on will widen the road from Bonaventure Drive to Ribelin Ranch Drive and include a new center median with turn lanes. It is expected to be completed by early 2020.

Improvements on RM 620

Taking RM 620 to 2222 will become easier by the end of 2020. According to TxDOT, they will be adding an outside northbound merge lane along RM 620 from Steiner Ranch Boulevard that will connect to a new bypass road to RM 2222. There will also be center-turn lanes and medians between the new bypass road and RM 620.

There will be a left-turn lane added on Bullick Hollow Road at the FM 2769 intersection.

There has been a discussion of

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The Village at Spanish Oaks

The Village at Spanish Oaks represents the final portion of the Spanish Oaks development. It is a project headed by two developers, CCNG Inc. and Arizona-based Greenbrier
Southwest. Bee Cave City Council approved rezoning of the land in October to planned development mixed-use, moving the project forward on the way to construction beginning in 2019.

The development will be on just over 80 acres between Highway 71 and Little Barton Creek, The Village is planned to have residential areas as well as new amenities for Bee Caves, including boutique retail shops, restaurants, and recreational trails as well as office space and the Inn & Spa at Spanish Oaks.
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Signal Hill Estates

Signal Hill Estates is another new

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All Texas Schools received their report card this month. The Texas Education Agency has released their ratings for school districts in Texas. Each district receives a grade based on their performances in the following three areas:

  • Student Achievement measures what students know and can do by the end of the year.  It includes results from state assessments across all subjects for all students, on both general and alternate assessments, College, Career, and Military Readiness (CCMR) indicators, like AP and ACT results, and graduation rates.
  • School Progress measures how much better students are doing on the STAAR test this year versus last year, and how much better students are doing academically relative to schools with similar percentages of
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