Howdy, folks! ๐ค It’s Thursday, July 4, 2024, and while we’re all gearing up for a sizzling Independence Day here in Austin, let’s not forget to check what’s boiling in our real estate and construction scene. Austin Local Team is here to keep you updated, just like we’re here to guide you to the best breakfast taco in town. ๐ฎ
๐ก Real Estate Roundup: Austin’s Cooling Market & More! ๐
These Fast-Growing Florida And Texas Cities Have 2024โs Slowest Housing MarketsโHereโs Why
Y’all, our beloved Austin is in the spotlight again, but this time for cooling its heels after a pandemic-era housing heatwave. According to the brainiacs over at Forbes, with data from Zillow and S&P CoreLogic, Austin’s average home value dipped 1.2% to a still-whopping $466,628. ๐ But don’t sweat it; this cool-down is thanks to a 37% hike in home inventory, giving buyers more options than a food truck festival.
And it’s not just Austin feeling the chill; from Cape Coral, Florida, to our neighbors in San Antonio, cities are seeing shifts in the housing market. Check out the full scoop right here, and let’s chat about what this means for your home search or sale. ๐
๐ง Construction Corner: What’s Building in ATX ๐๏ธ
Travis County Highlights:
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Driskill Hotel Room Refresh Phase 1 – Starting March 31, 2025, this iconic Austin landmark is getting a $10 million facelift, including new guestrooms and a fitness area revamp. More info here. ๐๏ธ
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1811 Mount Larson – Mark your calendars for August 4, 2024, ’cause there’s a new storage warehouse coming up, costing a cool $190,000. Dive into the details here. ๐ฆ
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Demising at Preserve at 620 – Office space renovations starting July 31, 2024, for $55,000. Check it out here. ๐ข
Williamson County’s Wonders:
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Amy’s Adventures Day Care – A new $1 million preschool is on the horizon, set to open doors by January 5, 2025. Learn more here. ๐ถ
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Walmart 00475.1003 Round Rock TX – ESS Project – Even Walmart’s getting a facelift with a $120,000 project starting March 8, 2025. Full deets here. ๐
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AMBER OAKS G SPEC 260 – Office space renovations galore! Starting July 21, 2024, for $275,000. Scope it out here. ๐ข
…And many more projects shaping our city’s skyline and streets. For the full construction dish, hit up our blog.
๐ Weather Watch: Stay Cool, Austin!
Today’s gonna be a scorcher with highs of 102ยฐF, so let’s remember to stay hydrated and cool. And while we’re enjoying tonight’s fireworks, let’s keep the pets and sensitive folks in mind with some of our quieter celebrations. ๐
๐ Special Shoutout: McKinney Falls Fireworks ๐
Speaking of celebrations, don’t miss out on creating lasting memories with McKinney Falls Fireworks’ family-friendly selection. From kid-approved sparklers to “Silent Mode” options, they’ve got all your 4th of July needs covered. Check ’em out here and make this Independence Day unforgettable! ๐บ๐ธ
๐ฒ Let’s Talk Real Estate!
Feeling the Austin real estate heat or just curious about what’s out there? Austin Local Team is here to guide you through buying, selling, or leasing with the ease of finding that perfect breakfast taco spot. ๐ก๐ Dive into our guides, from home buying to neighborhood insights, or take our Homebuyer Readiness Quiz to see if you’re set to make a move. Let’s make your real estate dreams a reality together!
- Homebuyers Guide
- Relocation Guide
- Neighborhood Guide
- Austin Home Search
- What’s My Home Worth?
- Homebuyer Readiness Quiz
- Apartment Location
Y’all, thanks for hanging with your cool, in-the-know real estate friend. Keep it weird, keep it informed, and let’s keep making Austin the best place to call home. ๐ธ๐ฎ
