Updates Friday October 16, 2020

SUMMER VIBES Sales UP 31%, Meanwhile Brewing Opens & OnZoom!

The Oldham Group brings you Austin news, exciting events, homes for sales and uniquely fun things happening around greater Austin. Feel free to contact us at anytime to be added to our distribution list.


FLAGS ARE UP IN ZILKER PARK | ACL FEST 2020 GOES ONLINE

FEATURED LISTINGS

SOLD
705 NORTH BLUFF #5 | SOUTH AUSTIN

Stylish, modern and well-appointed! This South Austin detached condo won’t be around long! 1443 sq ft,, 2 bedrooms, office area and private backyard. Open floor plan, high ceilings, quartz countertops, designer light fixtures, upgraded dimming switches, solar, spray foam insulation. You’ll love the close in location and private neighborhood. 

The Oldham Group

NOW SELLING
HAVEN AT TERAVISTA | Round Rock
OPEN HOUSE | SAT & SUN 1-3

Haven at Teravista™ is an exclusive golf course section of the larger Teravista community featuring 30 Farmhouse-inspired detached townhouses starting in the high $200’s. Hurry…we still have a few spots left for investor purchases. HavenAtTeravista.com

UNDER CONTRACT
4009 Ridgelea Drive | Offered at $935,000

Super cute home in the Ridgelea neighborhood – updated in 2010 with a resort-like backyard. It has all the charm and character of an old house with a modern interior. Hardwood floors throughout, abundant natural light, fenced front and back yards. The location is supreme! You can walk to many shops, restaurants, & cafes. Buyer representation.
MULTIPLE OFFERS! #wewon! 

The Oldham Group

COMING SOON 
1709 CONSTANTINO | DUPLEX
Offered at $425,000

Investor Alert!!! It’s not easy to find duplexes in Austin…here’s your chance! Live in one side and rent out other or purchase as an investment property; this property is well maintained and move in ready. New exterior paint. Side B has new vinyl plank flooring and paint. NEW AC units on both sides! 3 beds, 2 baths and single attached garages.

UNDER CONTRACT
503 Canion Street | North Central
Offered at $749,000

Quintessential craftsman style home 2,535 sq ft | 4 bed | 4 bath. 2009 year built on a .21 acre lot. Open floor plan, 9 ft ceilings, spacious kitchen with granite counter tops, custom cabinetry & plenty of storage. Now with 550 sq ft condo included. Walk to restaurants.  Reilly or Brentwood Schools.

SOLD
17804 DUFOUR | SWEETWATER
NEW CONSTRUCTION

We welcomed our repeat clients Sara and Stephanie back to Austin! They picked a Chesmar Home in the beautiful Sweetwater neighborhood in the hill country with incredible views. A community that welcomes everyone from new families to empty nesters –amenities include a pool, hiking trails and resident’s center. If you’re thinking about building a new home, give me a call! 


ONZoom Set to Rival EventBrite and Live Nation

DID YOU KNOW?

✔ DID YOU KNOW?
ONZoom 
— Video-calling software provider Zoom on Wednesday announced a way for users to put on live virtual events that people can pay to attend. The OnZoom option makes Zoom more than just a competitor to the likes of Google and Microsoft. Zoom is building on the exposure it has enjoyed this year with the onset of the coronavirus and encroaching on the territory of companies that sell tickets to live events, including Eventbrite and Live Nation.
(CNBC)

✔ DID YOU KNOW?
Businesses are seeking places to expand that are pro-growth, low-tax, politically stable, and with an educated workforce in advanced degrees like engineering, math, technology, business, and law. Austin, Salt Lake City, Raleigh, Charlotte, Nashville, and San Jose all top the list in 2020 in this respect according to CoStar, with occupied office growth expected to exceed 10% over the next 5 years. Dallas, Miami, Phoenix, Atlanta, San Antonio, and Boston are all expected to grow by 8%+ as of Q3 2020. 
(Forbes)

✔ DID YOU KNOW?
Savvy shoppers everywhere, hold on to your sample-sale hats – Walmart just revealed its planning three Black Fridays this year. 
Walmart U.S. CEO John Furner said Wednesday on NBC’s Today show that the company is splitting its typical Black Friday sale into three separate events, in order to minimize crowds during the coronavirus pandemic and avoid overwhelming the supply chain, which has been stretched thin throughout the months-long crisis.

✔ DID YOU KNOW?
More than 60% of respondents in a survey by the Urban Land Institute and PwC said that office tenants are likely to reconfigure their interiors to have enough safe, socially distanced space to enable new types of collaborative, in-person work. Whether that results in them acquiring more square footage or just adapting what they already have is up for debate.
(Urban Land Institute) 

✔ DID YOU KNOW?
Starbucks ties executive pay to diversity targets. The coffee chain said it would incorporate “measurements focused on building inclusive and diverse teams” into compensation plans starting next year, as part of a push to raise representation of Black, Indigenous and people of color in its workforce. It joins a small group of companies tying pay to diversity targets.

HOUSING MARKET SOARS
DESPITE LOW INVENTORY

AUSTIN, Texas – According to the latest Central Texas Housing Market Report released by the Austin Board of REALTORS® (ABoR), the Central Texas housing market continues to exhibit strength despite economic challenges and shrinking housing inventory. 

In September, home sales across the Austin-Round Rock MSA soared 31.5% year over year to 3,892 sales. Historically this time of year home sales are slower, but because of decreased activity during the shelter-in-place orders due to the COVID-19 pandemic, the summer selling season extended into September.

The market’s strength was evident across the five-county MSA as sales dollar volume jumped 51.7% to $1,779,067,529, and the median price rose 12.1% to $355,000. New listings increased 5.0% to 3,539 listings, and pending sales jumped 28.2% to 3,767. At the same time, active listings dropped 49.9% to 3,708 listings.


WHAT’S HAPPENING

MEANWHILE BREWING CO.OPENS 4 ACRE BREWREY IN SOUTH AUSTIN 

New community-oriented brewery is bubbling up in town. Meanwhile Brewing Co., an expansive new destination spanning nearly four acres in Southeast Austin, is making its debut on Friday, October 16, nearly one year after the ambitious project was first announced.

Meanwhile is located on 3.7 acres at 3901 Promontory Point Dr., just south of 71, and a few blocks east of the St. Elmo development. 

EARLY VOTING HITS RECORDS

In both Travis and Williamson counties, voters are flocking to the polls and setting early voting records. Early voting takes place from Tuesday, October 13, 2020 – Friday, October 30, 2020 

Monday – Saturday 7:00 Am – 7:00 PM and Sunday from 12:00 PM – 6:00 PM

PUMPKIN DESSERT COLLAB! 
LITTLE OLA’S BISCUITS

The Oldham Group is totally here for the team at Little Ola’s and their first of pastry chef collaborations featuring a Pumpkin Pie Cheesecake from Chef Michelle Arcilla Hall. Chef uses a pecan biscuit, cranberry compote, and pumpkin spiced whipped cream to top her single-serving cheesecake. Yes Please!!! 

AIA – AUSTIN VIRTUAL HOMES TOUR 

Explore some of the most beautifully designed homes in the city from your own home during the AIA Austin Homes Tour. For the first time, tour attendees can experience every corner of each featured home virtually, thanks to a combination of videos, 360-degree walkthroughs, and sessions with guest architects and collaborators. The self-guided virtual tour runs October 16-19.

BARRE THEN BRUNCH FAR OUT LOUNGE AND STAGE

Mod Fitness is hosting a socially distant Barre then Brunch from 10 AM to 10:45 AM on 10/24/20 on the lawn of The Far Out Lounge and Stage in South Austin. Come and start your day with us for a Barre Band Burn with Brittany. Stay after for brunch, mingling and coffee.  

Located at 8504 South Congress, the bar and music venue celebrate the history of old Austin. Using part of the original bar that opened at this location in 1908,

Moving YOU Forward,
Moving AUSTIN Forward.

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The Oldham Group | Moving Austin Forward | Courtney Oldham

Courtney Oldham

© Compass 2020 | All Rights Reserved by Compass | Made in NYC

The information contained herein does not purport to be complete nor, necessarily, accurate and should be independently verified; nor does it represent or constitute a legal analysis or financial advice. All of the financial projections and/or conclusions are provided for illustration purposes only. Compass and its agents disclaim any and all liability for representations and warranties, express or implied, contained in, or for omissions from, the information contained herein or any other written or oral communication transmitted or made available to the recipient. This represents an estimated sale price for this property. It is not the same as an opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Courtney Oldham  |  Broker/Owner  |  512-809-5495

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Team Oldham Group | Moving Austin Forward | Courtney Oldham