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Downtown Austin Neighborhood Association: Urban Core Happy Hour Event

AG | May 11, 2010 |

From a DANA Facebook event invite that I just received:

“Enjoy the company of friends and neighbors while experiencing Austin’s only Point Tower, Spring Condominium. Take in a 360-degree view of Austin from the soaring 25th floor or live music on the pool deck while enjoying complimentary food and cocktails all evening long.

During the Urban Core Happy Hour, make sure you glimpse a view of our neighbor to the south, The Long Center, our city’s premiere performing arts venue, just walking distance from downtown. The friendly folks from the Long Center’s Catalyst 8 group will be joining us to share information on their upcoming events and letting everyone know how they can directly support the arts in Austin.

Grab a friend and put a little spring in your step as you head over to what promises to be one of our best events yet! This happy hour is open to the public and we look forward to seeing you all there!

We would like to thank Tito’s Vodka, Lone Star Beer, Maker’s Mark Bourbon, The Long Center for the Performing Arts and, our hosts, Spring Condominiums for their contributions to this event.”

Date: Thursday, May 13, Time: 6:30pm, Location: Spring Condominiums @ 300 Bowie Street, 78701.

***All are welcome, and we would love for your participation in this event to lead to a DANA membership!***

DANA offers four levels of memberships:

  • Individual ($25.00)
  • Household ($40.00) The Household level includes a second household member at Individual level.
  • Sponsor ($100.00) The Business Sponsorship level allows you a logo, marketing information, and a link on the DANA web site.
  • Non-Profit Sponsor ($50.00) The Non-Profit Business Sponsorship level allows you a logo, marketing information, and a link on the DANA web site.

You can pay by Check, Credit card or PayPal by selecting one of the membership types listed above.

You do not have to live downtown to join DANA, but only members that live downtown are eligible to vote in Board elections.

Click Here for more information!

Filed Under: downtown austin

DAB STATS – April Transaction Summary

Jude Galligan | May 5, 2010 |

This awesome image is from nataliedee.com

With 12 recorded transactions this past month, downtown Austin hosted 300% more transactions compared to April of 2009, when only four transactions were recorded.  For the month of April, the average sale price per foot remains unchanged between 2009 and 2010 at $276psf.

To provide a little more perspective, Q1 2010 compared to Q1 2009 saw negligible increase to $304 psf from $300 psf, respectively.  What is more interesting, IMO, last year in the first quarter of 2009 only 16 transactions were recorded; conversely, this year in the first quarter there were 33 transactions recorded!

This significant increase in recorded transactions, year-to-year, requires qualification.  Numerous unrecorded (off MLS) developer sales occurred in 2009.  Now, those buildings are sold out, and we’re seeing a surge in re-sale activity, which is recorded in the MLS.  This bodes well for transparent transaction data.  Re-sales are back, baby!  This is a trend we should continue to see for a few years.

A more detailed transaction list and statistical report can be accessed in the member area.

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Filed Under: Austin Real Estate Data & Statistics, DAB Stats, data, statistics, downtown austin

Downtown Austin Open Houses

Jude Galligan | April 24, 2010 |


This weekend’s downtown Austin open house listings for Sunday, April 25th

  1. 360 Nueces St, 360 condos #1311 2bd/2ba $429,900 1-3pm [Urbanspace]
  2. 603 Davis St, The Shore condos #1409 2bd/2ba $425,000 11-2pm [Platinum]
  3. 54 Rainey St, Milago condos #709 2bd/2ba $324,900 2-5pm [Keller Williams]

When you’re done with the open houses, you can enjoy an afternoon on Lady Bird Lake by renting a canoe or kayak from at the Texas Rowing Center. Or, dine al fresco at Annie’s Cafe on Congress Ave for breakfast, lunch, or dinner.  Make sure to download my 2010 First Quarter – downtown Austin real estate report (registered members only) and discuss with a Realtor who lives and works in downtown Austin.

-Jude

Filed Under: austin open houses, downtown austin

Link Round Up

Jude Galligan | April 21, 2010 |

  1. COA Downtown Commission convenes tonight at 5:30. On the agenda are updates on Bicycle Boulevard from Annick Beaudet with City of Austin Public Works Department, and Waller Creek District Master Plan presentation by Jim Robertson with City of Austin Planning and Development Review.
  2. Another professionally managed shared bicycle system could be a good fit for Austin. This one is called B-cycle, and it gets rolling in Denver tomorrow.  You can vote on their website for Austin to be the next city considered (we’re already tracking as #1).   We’ve recommended to City Council Members Riley, Cole, Spelman, and Martinez that they consider integrating a shared bicycle system, like BIXI, as part of the City’s mobility strategy.  Since this mode of transit could be of great utility to visitors, one thought was that a hotel tax could fund part of the cost of a shared bicycle system.
  3. Know that island of vegetation across from City Hall?  It shall be called the “Treeangle.”
  4. In case you missed it, check out this inspired adaptation of an otherwise blah art installation on Lamar.
  5. The ABJ is reporting “Austin area home sales rose dramatically in March — up 27 percent — compared with the same month last year, while the median price of buying a home was unchanged.” The surge is being attributed to the home buyer tax credits. We share that belief, and explore the downtown market in detail in our recent quarterly report.

Filed Under: downtown austin

5 Reasons You Should Sign Up For Jude’s Quarterly Report

Jude Galligan | April 15, 2010 |

Just posted my review of downtown Austin residential real estate for the first quarter of 2010. This report is only available to registered DAB readers. Why should you bother?

1) You want accurate and timely information on the market
2) You live, work, or care about downtown Austin
3) You are interested in selling or buying a downtown condo
4) You want access to information (like this report) not available anywhere else
5) There’s no commitment, if you don’t like it then unsubscribe with one click

Sign up in the DAB member area, where in addition to the report, you will have access to sales data in real time. As always, we appreciate your input as to how to improve DAB. Check it out!

-Jude

Filed Under: Austin Real Estate Data & Statistics, downtown austin, Downtown Austin lofts, condos, apartments, Real Estate

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