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The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.
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Low interest rates and a rise in the number of people moving to Austin made building apartments during the pandemic profitable. Now, there's less money to be made.
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Last summer the City Council approved the plan that would allow a developer to build 1,400 apartments, 220 hotel rooms and hundreds of thousands of square feet of offices, shops and restaurants.
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In 2022, the City of Austin piloted a guaranteed income program. Over 100 people received $1,000 a month for a year — no strings attached.
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In an analysis of 2022 U.S. Census Bureau data, Harvard University researchers found that roughly 48% of renters in the Austin metro area spent more than they should on housing.
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Issues around coordination and communication have plagued Austin's emergency shelter system, but the city made strides in the recent cold snap.
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It’s common knowledge that when temperatures in Texas drop below freezing, you start dripping water from your faucets. But Austin is a city of transplants, and this is something many have never had to do.
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The facility, which has been renamed the Eighth Street Shelter, currently has space to accommodate 65 people. The city hopes to increase that number to 150 by the end of March.
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According to an analysis by the Travis County Tax Office, the average property tax bill for homeowners who live in their homes is $658 less than the year before. This comes after Texas voters approved a proposition in November that changed how homeowners are taxed to pay for schools.
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If passed Thursday, these land code changes would let people build up to three homes where just one or two are currently allowed. It would also lower the amount of land needed to build a house, although the vote on this part of the resolution isn’t until next year.