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Market Updates

Lake Travis Real Estate: Reached the Peak in 2013 or Still Climbing?

Written by Todd Hower | April 15, 2014

Positive Housing Market

The last peak for the Lake Travis real estate market was back in 2006. The area had experienced quite the boom during that time — especially the market for new home construction.

Builders were having a hard time keeping up with the demand. Prices and sales volume for single family homes in Central Texas hit an all time high. That all came to a screeching halt when the mortgage market meltdown began in the summer of 2007 and continued to affect the housing market for several years.

The Lake Travis real estate market experienced prices at their lowest and inventory at its highest during 2009.

And then, slowly but surely, things started to pick up.

[Read more…] about Lake Travis Real Estate: Reached the Peak in 2013 or Still Climbing?

The Backyard at Bee Cave: The Final Year for the Live Oak Amphitheatre?

Written by Todd Hower | April 14, 2014

The Backyard

Located behind Bee Cave Central Park — and at appropriately named “Willie Way” — The Backyard is an open-air music venue considered by many an Austin favorite and Hill Country treasure.

Over the years, music lovers have enjoyed concerts from a list that reads like a who’s who of some of the best and varied musicians of our time. To name a few: Bob Dylan, Norah Jones, Merle Haggard, Coldplay, Widespread Panic, Alanis Morissette, Elvis Costello, the Gypsy Kings, Lyle Lovett, Dwight Yoakum, ZZ Top and of course, Willie Nelson.

The Backyard opened its doors in 1993 and originally was located near the intersection of Highway 71 and Ranch Road 620. Nestled in the small town of Bee Cave before there were many of the retailers and restaurants now established, this venue provided a unique and welcomed addition to the Austin music scene.

[Read more…] about The Backyard at Bee Cave: The Final Year for the Live Oak Amphitheatre?

5 Questions To Ask When You're Thinking About Moving

Written by Todd Hower | April 1, 2014

The words Buy, Fix and Sell on three arrow signs to illustrate b

Do you sell your home in order to upgrade — or remodel your current space to add value and meet your needs?

The real estate market in the Lake Travis area is starting off with a bang this spring and the coming soon listings are starting to pop up all over Lake Travis area neighborhoods. There’s a strong demand from buyers in the area. In fact, 110 people are moving to Austin each day according to Austin Demographer Ryan Robinson. And that factors in the few people that are actually leaving Austin!

With all the activity and the median price of homes in Lake Travis reaching a high that we haven’t seen since 2006, you might be thinking about selling your home. But moving is hard work! Not only that, the inventory of homes in Lake Travis has been extremely low and trying to find another home that suits your needs might not exist.

[Read more…] about 5 Questions To Ask When You're Thinking About Moving

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Lake Travis Lifestyle is a local publication by Todd Hower Realty, a full-service flat fee real estate brokerage serving Lake Travis and Austin, Texas.

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