A new luxury development will uplift residential real estate to a new dimension at Lake Austin. Luxury housing the levels of which have not been seen before in Texas, or much of the southwest, has a new grab: a two-minute Funicular descent to The Marina and The Lake Clubhouse at The Four Seasons Private Residences will present a panoramic experience inside one of two air-conditioned, glass enclosed cabins, lifting residents down to water activities, or back up to their multi-million dollar homes. The Funicular takes elevated Hill Country living to an extreme convenience, granting access to shoreline so pristine it is not even accessible by car.

The Four Seasons Private Residences is also the luxury brand’s first residences anywhere with…

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April home sales in the Austin area decreased for the second month in a row, according to a new report from the Austin Board of Realtors.

The April 2022 showed across a five-county area, home sales declined 6.2% year over year to 3,280 closed sales as the median price rose 19.6% to a new record of $550,000.

Active listings jumped 52.5% year over year to 2,763, causing housing inventory to increase by 0.3 months for a total of 0.8 months of inventory, marking the biggest gain in housing inventory year over year since the summer of 2017.

“We are far from a healthy number of homes for sale in our market, so any increase in housing stock, no matter how small, is a welcome sign for people looking to buy. Our area continues to really be influenced…

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Texas property owners recently received their property appraisals in the mail. In Travis County, the value of residential properties increased 56% compared to last year, leaving many people wondering what they should do next. 

Ashley Jackson, president-elect of the Austin Board of Realtors, spoke with KVUE's Ashley Goudeau about the appraisals and what homeowners can do. Below are Jackson's answers to some common property appraisal questions.

The deadline to protest an appraisal is May 16. Should I protest mine? Who should protest?

"That is really going to vary on a case-by-case basis. They [property owners] may want to reach out to their trusted Realtor to get some advice about where their market value is to see if they have a…

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Austin, Texas, is attracting VC firms, tech giants, and a slew of professionals from different American cities. This is pushing the demand for commercial and residential real estate in Austin.

In early 2021, the Austin Chambers of Commerce published a report that stated that the city lost 33,400 jobs in 2020 in the aftermath of the pandemic.

The situation was pretty much the same wherever you looked. Jobs were getting lost, businesses were getting shut down, and government lockdowns were the norm. There was widespread economic despair.

Where Austin performed much better than other metropolitan cities was in getting back those jobs and opportunities and softening the blow.

A string of pro-business policies, an enviable (affordable) housing…

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