Announcing Business Class Products Dear Austin Silent Market Real Estate friends, customers, clientele, agents, brokers, neighbors & all... This is a very specific and genuine  BUYER NEED  and fairly immediate want. This Buying Mode couple is  seeking to purchase a property for traditional tenant rental income investment, and long-term hold appreciation potential, with minimal immediate make ready required, some okay.      Location preference; Central Texas, Suburbs, Smaller Towns are welcomed Property Type; Home, Duplex, Residential Price Range; $300,000 Sales price budget or less Financing; 20 percent down payment, third party private lender financing Time Frame; As soon as possible Status: Active on the Market or Off-Market for Sale   While I got your attention, what are your current real estate goals, ambitions, and wants in the upcoming year of 2022. Let's Talk, visit, email, meet up or better yet go preview and tour some real esta...

 

  GROWTH   SPURT Texas population is barreling toward eye-popping milestone in 2022 By  John Egan   Dec 23, 2021, 10:31 am Texas is edging closer to a milestone — a population of 30 million. Estimates  released December 21  by the U.S. Census Bureau show the population of Texas grew 1.1 percent between July 1, 2020, and July 1, 2021. During that period, the state added 310,288 residents, going from 29,217,653 to 29,527,941. The tally takes into account births, deaths, people moving to Texas, and people moving out of Texas. Texas ranked first among the states for the number of residents added from 2020 to 2021, which worked out to 850 new residents per day, and seventh for percentage growth. At 2.9 percent, Idaho ranked first for percentage growth. If Texas maintains a year-to-year growth rate of at least 1.1 percent, the state might break the 30 million mark sometime in 2022. Driving the state’s continued population explosion are people of color, ...

REAL ESTATE Elon Musk denies Wall Street Journal report that he lives on Lake Austin below Mt. Bonnell Austonia 22 December Elon Musk's Austin residence is his billionaire friend's lakefront home, according to the Wall Street Journal. (Austonia) Elon Musk’s Austin residence is a waterfront estate of a billionaire friend that was once the most expensive in the city, at least according to a  Wall Street Journal report  published Wednesday. News of the home, near Mount Bonnell, arrives after some time of Musk saying he lives in a  "tiny home"  in Boca Chica, Texas. The richest man in the world has since denied those claims in an email to  Business Insider , saying, "the WSJ article is false. I don't live there and am not looking to buy a house anywhere." The Journal has not issued a response. The WSJ report states PayPal co-founder Ken Howery is the friend lending his home to Musk. Zillow estimates the home's market value is now at  $17.9 million . Howe...

  Council moves to create $277 million infrastructure fund and grant special tax treatment to lakefront properties The Austin City Council took steps Monday to create a special tax zone to subsidize infrastructure development in a 118-acre area along Lady Bird Lake known as the South Central Waterfront. Plans for the zone call for the creation of amenities including a waterfront boardwalk, streetside rain gardens, commercial plazas, sculptures, amphitheater, and a disc golf course, as well as sidewalks, trails, and a revamped street network, at a cost of $277 million. A proportion of property taxes collected in the district would go to fund just those improvements, rather than the general fund. A draft ordinance posted with Monday’s council agenda put the proportion at 46 percent, though the council delayed a final decision on the exact increment. The subsidies could supercharge the development of an area that already includes some of the most valuable real estate in Austin, includ...