The demand for retail properties is decreasing in Austin. A few properties have begun to declare bankruptcy, citing that the recession has caused sales to be at extremely low levels. Many Austin retail property owners state that this is the lowest amount of customers that they have seen in recent memory. Retail properties will likely [...]
Entries from April 2009
Demand for Retail Properties Decreasing
April 15th, 2009 · No Comments
Tags: Austin Real Estate · Austin Real Estate Agent
TCU Students Win Texas Real Estate Challenge
April 15th, 2009 · No Comments
Students from Texas Christian University have won the fourth annual Texas Shoot-Out Real Estate Challenge. The students competed against others from various Texas colleges and universities. The case challenge involved turning a piece of land into a town center. The winners of the challenge will split $10,000. The individuals did not know that their case [...]
Tags: Austin Real Estate · Austin Real Estate Agent
Dillard’s Sues Highland Mall for Problems
April 13th, 2009 · No Comments
Dillard’s has sued Highland Mall to get out of a lease contract which it is still currently obligated to pay. Dillard’s states that management of the mall has allowed it to deteriorate from the conditions previously agreed on. The suit states that structural problems such as a leaky roof have been issues. It also states [...]
Tags: Austin environment · Austin Real Estate
Austin Ranked as Top City to Move to in Texas
April 8th, 2009 · No Comments
A online consumer moving service has recently released a report that says that Austin is the most popular choice for the city to move to in Texas. Austin has been a popular city to move to for a variety of reasons. The amazing city has many different offerings. The schools, the businesses, the arts, the [...]
Tags: Austin Home Search · Buying homes in Austin
Home Construction Slows, But Prices Doing Better
April 3rd, 2009 · No Comments
The number of new houses being built is slowing down across all of Texas. This slow down is occurring for a variety of reasons. One of the main reasons is that the market right now is a buyer’s market. Too many properties are already on the market at such incredible value, that the construction of [...]