May 2025

After a Wild Ride, Mortgage Rates Settle Back Under 7%

  Considering mortgage applications for home purchases are posting double-digit percentage annual increases, “it’s a clear sign that this year’s spring home buying season is off to a stronger start” than last year, says Sam Khater, Freddie Mac’s chief economist. Full article here: After a Wild Ride, Mortgage Rates Settle Back Under 7% (512) 853-0110...

Austin grew sevenfold during past 50 years

  A distinct Austin culture began to emerge during the 1960s, so what has changed over the past 40 to 50 years? Austin has grown in geographic size, population, complexity, wealth and cost of living. You don’t need numbers to convince you of this conclusion, but one set of data related to the population of the metro area, can stand in for the rest: It grew from 320,000 people in 1975 to an estimated...

Google to set sail in 35-story tower

  After several delays over the past couple of years, Google Inc. has confirmed it will finally be moving into the high-profile, 35-story sail-shaped tower in downtown Austin this year. Google has been at home in Texas since 2007. The 804,000-square-foot Sail Tower at West Cesar Chavez and Nueces streets is near the Second Street entertainment district downtown, and it has unobstructed views of Lady Bird...

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