Location:
Eye Art: The Yard, 440 East St. Elmo Road
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Photo Credit: austin.com
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Happy Thursday, Y’all! I hope you all have been soaking in the holiday spirit and enjoying some festivities as we inch closer and closer to Christmas! There are so many events and happenings going on around Austin, so for this week, I highlighted two of my favorite picks for festive weekend fun (see below)! It's also the second-to-last day to enter our 12th Day of Ellevé's Holiday Giveaways, and we are giving away a $150 gift card to the amazing Aba restaurant! If you're interested in entering the giveaway, head to our Ellevé Instagram here. (And thanks to all who followed along these past few weeks and entered into our daily giveaways!)
With 2022 almost here, I wanted to share a quick note about the real estate market and what we are seeing as we move into 2022. While we usually see a seasonal drop in real estate listings and sales from November to December, we are seeing similar signs as we did last December. With extremely low inventory and demand already heating up again, we can expect early 2022 to be much like early 2021. Because of this, I encourage anyone interested in buying to get started sooner rather than later for the best advantage, especially in the case of affordability. Competition is already getting tough for homes in the area that are more affordably-priced — just this week our team experienced a 60+ offer situation on a home in Hutto and a six-figure over list price in Crestview!
It's not just the city of Austin, as you can see. Prices may be spiking again in early 2022 all around, including Austin's many suburbs, so acting quickly and aggressively will be a winning formula for buyers currently in the market! If you’re curious to learn more about what’s coming up in the Austin-area market and what to expect as a potential buyer or seller, I’m happy to connect and give you insight! You know where to reach me. :)
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$400 Million-Plus Development Coming to Cedar Park
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Photo Credit: aquilacommercial.com
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Looks like another Austin suburb is on track for a big upgrade! Last week, "the Cedar Park City Council approved an agreement with Austin-based CPM Development LLC to build a 250-room hotel and 30,000-square-foot convention center complemented by retail and entertainment spots, including a huge home-furnishings store," says CultureMap Austin in their latest coverage on this development.
Cedar Park City Manager Brenda Eivens describes the development as “a transformative project that will create the greatest economic development return in Cedar Park’s history,” generating an anticipated $425 million in tax revenue over 25 years.
CultureMap Austin reports that construction on the 117-acre project development could start in 2024, with NFM tentatively set to open in 2025. Click here to learn more from CultureMap Austin.
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Looking for more info on Cedar Park or available home options in the Cedar Park area? Reach out! I'd love to get a customized collection started for you.
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Your Guide to All Things
New & Noteworthy
in Austin
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Austin and Texas Gain Big Recognition as Top Markets for Tiny Homes
"T
iny homes keep popping up across Texas. In the Austin area, for instance, several tiny home communities are already open or are in the works. And in downtown Lake Dallas, about a dozen families have settled into a tiny home village billed as the first center-of-the-city development"
... keep reading.
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Samsung, Tesla Drive Record Job Growth in Central Texas for 2021
"
Company relocations and expansions are driving record levels of job creation in Central Texas.
Data compiled by Opportunity Austin, the economic development arm of the Greater Austin Chamber of Commerce, shows companies have promised to bring roughly 23,150 jobs
".
.. keep reading.
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Top Picks for Things to Do
Dec. 17-19
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Georgetown Theatre Presents Elf the Musical
A Christmas classic! Buddy, a young orphan, mistakenly crawls into Santa’s bag of gifts and is transported to the North Pole. Upon finding out that he has a different family, Buddy embarks on a journey to New York City to find his birth father and discover his true identity. This is a must see! Get tickets and info here.
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Armadillo Christmas Bazaar
The Armadillo Christmas Bazaar is back this weekend for all of your last-minute shopping needs! This Austin holiday shopping icon for over 45 seasons, is heading outdoors for a "Armadillo Bazaar Outside," where visitors can buy a wide variety of art and artful gifts from curated artists. There will also be live music as well! Click here for more info.
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Two closings! Congrats to our clients! They just closed on their beautiful homes in the Round Rock area. These legendary baseball player clients were looking for homes that were located near Dell Diamond stadium, and we are thrilled we could help! We hope they enjoy these homes for years to come!
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3 Bed | 2.5 Bath
Representing Buyer
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4 Bed | 2 Bath
Representing Buyer
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© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
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