Thursday, February 26, 2015
Renters are the majority in the largest US Cities, Yahoo! Finance reports. This according to a report by NYU and Capital One Financial Corporation.
In nine of the country's eleven biggest cities, renter were the majority in 2013, which is up from 2006, when renters were the biggest share in just five of those metro areas.
In Houston, renters are 54% of the population, despite the fact that the city is relatively inexpensive to live in. This may be due to the fact that Texas is seeing a lot of job growth and young workers are coming from all over the country to take these newly created jobs. These workers don't want to be tied down to a home they'll have to sell if they move to another market, so they prefer to rent, especially as they figure out whether they like the town and job. A similar situation is occurring in Dallas.
Another reason many city-dwellers are renters is that the high rent, driven by a lack of supply, makes it difficult to save for a down payment for a house.
Miami now has the highest percentage of renters, with 65%, pushing it past New York City, the previous top home to renters for decades. 64% of New York City's population rents. Philadelphia had the lowest percentage of renters of the largest 11 American Cities , with just 44% of the population renting.
Wednesday, February 25, 2015
Midtown Commons, the mixed-use apartment and retail development located at Crestview Station, was acquired by MIG Real Estate, a Newport Beach-based real estate investment company, Yahoo! Finance reports. This is the fourth Austin purchase by MIG Real Estate and its eighth community in Texas.
Midtown Commons at Crestview Station has 562 units and 58,883 square feet of commercial space. In addition to its prime spot on the MetroRail, Midtown Commons has studio, one and two bedroom floorplans with high end finishes. The community has two resort-style pools, fire pits and outdoor kitchens, two fitness centers, a yoga studio, a dog park, a community vegetable/herb garden and more.
Retail in the complex includes Midtown Grocery and Cafe, Black Star Co-op, Fuzzy's Tacos, Subway, Modo Yoga and Fat Cat's Desserts. The community is less than a mile from ACC's Highland Mall Campus, where Rackspace will be moving its Austin offices. Midtown Commons is also just four miles from The Domain.
Friday, February 20, 2015
Buying furniture online can seem really easy, but also terrifying. If you don't like a sofa, you can't just wrap it up and put it on the porch for UPS to come pick up. Read on for Apartment Therapy's tips to avoid furniture regret when buying online.
Make sure to find out what return policy the store has. If it's unclear, don't be afraid to contact their customer service to find out so you aren't stuck with an expensive mistake.
Figure out how much the delivery fee will be and be sure to add this to the cost of your furniture to be sure it's still in your budget.
Ask for fabric swatches so you can see the color and feel the texture of the piece in person. Also, check around on the internet for pictures of the piece in real people's homes. Often the site will have a place for customers to upload pictures of their furniture, but you can also use Pinterest, Google Images, and Flickr to search for the piece by name.
It's very difficult to know how a piece will look in your house based on just looking at the dimensions-so mark out the dimensions of the sofa or table you're looking at using tape on your floor, or cut them out of a large piece of paper so you can easily move it around. Make sure to try and visualize how tall the piece is as well.
If you can at all manage it, try to see the piece in person at the store. If you're on a trip to somewhere that has the store you are considering getting the furniture from, make sure to stop there and look at it in person. Or you could ask a relative or friend who lives in a city with the store to check it out so you can at least get a real live person's opinion.
Finally, don't forget to measure all the places standing between your future furniture purchase and your #apartment: the doorways, stairs, elevators, and anywhere else it will have to travel. If it doesn't fit through all of them, then you've just saved yourself a huge headache!
Need a new apartment before you can embark on your online furniture purchasing adventure? San Antonio Apartments Now can help! Give us a call today at 210-255-3074 for expert advice that will prevent you from apartment choice regret!
Wednesday, February 18, 2015
The University of Texas was was ranked among the top public colleges in the U.S. by The Business Journals, The Austin Business Journal reports.
UT came in at number 12 on the list. The University of Michigan was ranked at number one. UT ranked higher than any other Texas schools on the list. Texas A&M nabbed the number 20 spot, UT Dallas was 46, Texas Tech was 177, Texas State ranked 132, the University of Houston was 136 and the University of North Texas came in at 146. The list analyzed a total of 484 public universities.
The goal of the analysis was to find schools that are giving top-notch educations to their students. UT's high ranking was due to its highly selective 40.2 percent admission rate, 93 percent retention rate, 50.9 percent 4 year graduation rate, and 79.45 6 year graduation rate.
Where UT was docked was in the areas of cost and diversity, earning just 3 start out of 5 for cost, and 3 out of 5 for diversity.
Posted by Ryan Machala at 3:07 PM
Labels: university of texas among top colleges in the nation, university of texas austin, university of texas ranked twelve of list of public colleges
Thursday, February 12, 2015
The San Antonio Board of Realtors announced that San Antonio's real estate market continues to be strong in 2015, The San Antonio Business Journal reports.
Home sales increased 5 percent last month, median and average prices were also on the rise, and inventory lowered. These trends are forecast to continue.
January home sales were 1,428, versus 1,363 for January of 2014. The average price was $212,222, up from $194,312 last January, and the median price was $176,700, up from $161,900 a year ago.
Wednesday, February 11, 2015
We use our tech devices daily, which means they can get kind of gross and dirty. Read on for the Unclutter.com's instructions on how to clean your most used items.
Smartphones should be cleaned every other day, perhaps less often if you keep it in a case. Whether you have an iPhone, Android, Windows phone, or whatever, these steps will keep your most important tech gadget in top shape. First, turn off your phone. Then, use a slightly damp, lint-free cloth to wipe the phone, being sure to not get any moisture on any openings. Then clean the home button with a dry, lint-free cloth. Never use household cleaners or spray a cleaner directly on the phone. This could ruin your phone.
Tablets should be cleaned in the same way as the phone, but they should only need a wipe down once a week.
Desktops and laptop computers don't see as much action as your phone or tablet, but should still be given a good "scrubbing" about once a month. Use your slightly damp lint-free cloth again to wipe down the body of your computer and your screen. Never spray anything directly on the screen and don't get any liquids near any of the openings.
Keyboards can get really gross, especially if you eat at your desk (hey, who doesn't?) First, unplug your keyboard from your computer or remove the batteries if it's wireless, then use a disinfectant wipe to clean one area at a time, drying with the lint-free cloth after you are done. Make sure your disinfectant wipe isn't too wet. Don't use wipes that have bleach or sprays, don't let liquid collect, and don't use rough items like paper towels. Your keyboard should be cleaned every two weeks.
Thursday, February 5, 2015
HEB will be opening a small version of their usually huge stores in downtown, Culturemap reports. Although HEB usually builds stores that are about 60,000 square feet, this one will be 12,000 square feet.
City leaders had requested that HEB build a smaller version of their store in the heart of downtown to serve the influx of residents that are expected.
HEB's move follows a national trend of grocery chains focusing on offerings that lure in urban shoppers, such as natural food options and pre-made dishes.
The store will be located at the intersection of East Cesar Chavez Boulevard and South Flores Street and is set to open in the fall.
Wednesday, February 4, 2015
Austin restaurants are hitting the small screen in 2015. The Food Network's Best Ever series and Bravo's Best New Restaurant are showcasing some of Austin's most talented chefs. The Austin Chronicle reports on what all the fuss is about.
Bufalina was featured on an episode of Food Network's new show called Best Ever. The episode focused on pizza and had nothing but glowing things to say about Bufalina's Margherita pizza. Franklin Barbecue was also featured in the Best Barbecue Ever episode of the show. Best Ever airs on Mondays at 9pm.
Best New Restaurant on Bravo is another new show, this one based on a British series by Gordon Ramsay called Best Restaurants. Restaurants from New York City, Los Angeles, Miami, and Austin will go head-to-head in pairs to see who gets to be crowned the national winner.
Swift's Attic competed against the Federal in Miami in a shared plates challenge, Jezebel is up against Church Key from Los Angeles in a battle of service concepts, Barlata fights Miami's R House in a challenge of restaurants opened by couples, and Porter Ale House will go against Miami's Tongue and Cheek for best burgers.
The winner gets $100,000, an editorial feature in Bon Appetit, and a spot at the 2015 Vegas Uncork'd Festival. Best New Restaurant airs Wednesdays at 9pm on Bravo.