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January 2016

Found 13 blog entries for January 2016.

After a two and a half hour long debate, the Austin City Council voted Thursday to create an incentive-based program that rewards Uber and Lyft drivers who get a voluntary fingerprint background check. The ordinance was approved on a 7-4 vote with Council Members Delia Garza, Ora Houston, Ellen Troxclair and Don Zimmerman voting against the ordinance.

Drivers who submit to the voluntary checks and pass will get incentives such as fee waivers, better parking and the ability to drop off riders closer to major events. Adler also wants to create a badge that will be displayed on the Uber and Lyft apps, indicating which drivers participate in the program. The ordinance actually applies to "peer-to-peer" enterprises which means taxi and limo drivers are also

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70 Rainey St

  • On-site Restaurant, Bar, Pool, Gym
  • Park-like Terrace
  • Panoramic views
  • 164 Residences
  • 35 Stories
  • Planned Completion: Fall 2017

"Its street level is consistent with the distinct Rainey Street District, bringing the sought after elements and appealing character of the neighborhood into the building with meticulous attention to lighting, materials and design. Connect with nature and unwind as you walk past, looking up at the wood façade covered with vertical gardens." -http://www.70rainey.com

 

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Moviemaker.com based the list on the following criteria:
film production in 2015 (shooting days, number of productions and dollars generated)
film community and culture
equipment and facilities
tax incentives
cost of living
lifestyle
weather and transportation.

Austin Studios:
ATX Studios
Rooster Teeth Productions
Spiderwood Studios
South By Southwest
Troublemaker Studios

Directors:
Robert Rodriguez
Richard Linklater
Yen Tan
Jason Cortlund.


Here's the full top 10 list for 2016:

  1. Atlanta
  2. New York City
  3. Austin, Texas
  4. Los Angeles
  5. Albuquerque, N.M.
  6. Chicago
  7. Seattle
  8. Boston
  9. San Francisco
  10. Memphis, Tenn.

To read the full report, click here.

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Engel & Völkers looks back on another record-breaking year once again: In the financial year 2015 the Group increased its commission revenues by 36.4 percent to 409.8 million euros. “It is not just the overall figure itself that makes this result so impressive. Never before have we achieved just a strong rise in turnover,” said Christian Völkers, CEO/ Founder of Engel & Völkers AG.

On the one hand, the Group’s Residential division played a key role in the high revenue growth. In the DACH region, residential property shops generated 15.2 percent higher overall turnover than in 2014.

This substantial rise was seen in many other European countries too: the Engel & Völkers Shops in Italy increased their commission revenues by 74 percent. In Spain there

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Leader of luxury real estate firm’s North American operations listed among top 200 most powerful people in residential real estate 

NEW YORK, New York (January 25, 2016) – Engel & Völkers, a European-based premium real estate brand, announced today that the firm’s North America CEO, Anthony Hitt, has been included in the Swanepoel POWER 200, a ranking of the top 200 most powerful people in residential real estate by the Swanepoel T3 Group, one of the nation’s leading research firms.

The annual list identifies 200 leaders from the United States and Canada that have the most power and influence to impact the residential real estate brokerage industry. This year over 1,000 industry leaders were considered for the list.

“Anthony has been the driving

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Austin-area single-family home sales and prices set all-time records in 2015, as well as records for the month of December 2015, according to the December 2015 and Year-End 2015 Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®.

Aaron Farmer, 2016 President of the Austin Board of REALTORS®, explained, “Demand for Austin-area real estate was stronger than ever in 2015, primarily due to our region’s job and ongoing population growth. However, low housing inventory levels, rising home prices and high housing development costs have brought Austin’s housing affordability issues to critical levels. Median price for single-family homes in the Austin area increased nearly $30,000 in the last year alone.”

 

According to

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International premium real estate firm opens Gloucester St. brokerage and second location in South Boston/Seaport through partnership with boutique Boston real estate firm

BOSTON, MA (January 21, 2016) – Engel & Völkers, a European-based premium real estate brand, announced the opening of its two newest brokerages in Boston with Engel & Völkers Boston’s main office located on Gloucester Street and a second location in South Boston/Seaport. The expansion comes with the union between the storied international brokerage and Meridian Realty Group, a boutique, full-service sales, rental and property management firm serving Boston and the surrounding areas.

“As Boston’s real estate marketplace continues to experience exponential growth, Meridian Realty

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Global real estate firm furthers Southern presence and chooses Hilton Head Island and Bluffton for the first shop in South Carolina

HILTON HEAD ISLAND, SC (January 21, 2016) – Engel & Völkers, a European-based premium real estate brand, recently announced the opening of its first South Carolina shop, bringing the firm’s global network and exclusive level of service to residents of this rapidly growing area. 

Rick Turner, who brings over 40 years of experience, is the managing broker of the new shop and has started with a select team of experienced agents, with plans to grow the team with agents who align with the common values of competence, exclusivity and passion.

“Following the recent openings of Engel & Völkers’ shops in South Charlotte,

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There's been a lot of buzz recently about Austin's thriving sellers' market, but that doesn't mean buyers at all price points will be forced to deal with blink-and-you-missed-them listings or compete with multiple offers. While the competition is fierce at the lower price points, the luxury market has shifted into one that benefits buyers, says Desmond Milvenan, a Realtor with Engel & Volkers Austin Westlake who has extensive experience in the luxury market.

"People are hearing about fierce competition and multiple offers in the Austin market, and they think it's in every price point, but it's not anymore," she said. "The market has shifted, but we have seen a turn in the luxury market. It's become more of a buyers' market in the $1.5 million-plus

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