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Many, like Austin blogger Jane Ko, are opting to build homes on empty lots instead of buying preexisting homes. (Jane Ko/A Taste of Koko)
Austin homebuyers have been through the wringer in the past year—tales of offers well over asking price, sales in under an hour, and months-long supply chain shortages have become commonplace in the city's cutthroat housing market. So it's perhaps no surprise that many homebuyers are looking for greener pastures as they stake out large empty lots along the city's outskirts.
After casually searching for a home for years, Austin influencer and blogger Jane Ko experienced the pandemic housing surge firsthand when she found an empty lot near the airport in the summer of 2020. Stretched thin by high demand and limited supply, Austin's median home prices had already reached a then-record of $435,000 in August of that year, while new inventory grew by just 0.1% in that month.
Due to seemingly ever-increasing demand, Austin's homebuilding market has been busy—if not strained. New listings were up 6% in November 2021, while median home prices had cooled ever-so-slightly to $470,000. The area was ranked the fifth-busiest metro in the country for single-family homebuilding permits in August 2021, according to a National Association of Homebuilders report.
Austin influencer Jane Ko build a semi-custom home on an empty lot near Austin-Bergstrom International Airport. (Jane Ko/A Taste of Koko)
"I think for those of us that have been here, we've seen prices rise in the last five years and I kind of figured if I don't buy now, then I probably won't be able to," Ko said. "I kind of stumbled upon it and I think for a lot of people that's been really the only way to find real estate since the market is so hot."
Austin's inventory has remained somewhat low, especially in the center of town, leading some to believe that homebuyers are being "priced out" by the city's limited options. Area suburbs are reflecting that—the Kyle-Buda-San Marcos region saw 2,900 new home starts from September 2020-21, more than any other Austin submarket.
But with new developments working to keep pace with demand, 2021 Austin Board of Realtors President Susan Horton told Austonia the trend just reflects customer desires.
"I don't think that folks are being pushed by any means," Horton said. "Folks that want to buy out in the rural areas are buying for personal reasons and they're buying because they want the land and privacy. Folks really, truly want to be out. If you want a big lot, it's there."
Like many homebuyers during the pandemic, Ko was happy to scrap Austin's downtown for more space. Because she works from home, she said she and many of her friends are looking for bigger homes and bigger lots in hot areas like Dripping Springs.
Ko had the option of moving into already-built homes within the neighborhood but opted for a custom-built home instead—something that Horton said is another draw for prospective homebuyers.
Austin influencer Jane Ko remodeled her kitchen after building her semi-custom home. (Jane Ko/A Taste of Koko)
Ko's kitchen remodel took months due to supply chain delays/ (Jane Ko/A Taste of Koko)
"The desire to be away from the person next door is really most of the time the deciding factor," Horton said. "And then there are those that want to have a house simply because they want to design it themselves, and so those are the aspects that make buying that raw land and building a house really important."
But building a custom home has its drawbacks. Horton said construction loans, land surveying, zoning restrictions and road access are all hoops that can be jumped through with an experienced realtor.
But even through the tedious and stalled homebuilding process, Ko said it's been worth it to create a home made just for her.
"This is a place that I'm hopefully going to stay in for a very long time," Ko said. "And I think because I do a lot of entertaining at home and shoot photos at home, it's really important that my space looks the way I want it to."
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Popular
(Pexels)
Some of your favorite Instagram filters can’t be used in Texas anymore and Austinites are sounding off on social media.
Meta, Facebook and Instagram’s parent company, announced on Wednesday that certain filters would no longer be available in Texas.
The change is a result of Texas Attorney General Ken Paxton’s lawsuit against Meta, alleging the company uses facial recognition technology that violates laws in Texas. A release from Meta says it stopped using facial recognition tech in November 2021 and denies Paxton’s allegations.
Some Austinites bemoaned the shift, saying some of their favorite filters were now unavailable.
This was my FAVORITE filter on @instagram and they done removed it cause I’m in Texas ! Like wowwwwww pic.twitter.com/uX60hdIC0Q
— Pinkyy Montana (@inkstar_pinkyy) May 11, 2022
i heard that instagram filters got banned in texas? what the actual fuck y’all better give me my favorite filter back
— lia 🤍 (@liatootrill) May 11, 2022
loved this stupid filter sm i hate texas pic.twitter.com/DXr9mmUc64
— birthday boy jeno 🎂 (@beabtox) May 12, 2022
But more often than not, locals joked about the ban.
Texas women seeing the filter ban on IG pic.twitter.com/yDMcP3Qtsr
— Christian (Anabolic) Flores (@christian_flo24) May 11, 2022
So, the state of Texas has banned filter use on IG? THE END IS NEAR. 😂
— THE FRANCHISE! Франшиза (@NYCFranchise718) May 12, 2022
And some in-between chose to show off some natural beauty.
I live in Texas, but no filter needed. 😉 pic.twitter.com/A6teRgYMKn
— bad and bruja (@starseedmami) May 11, 2022
filter, no filter..texas women still reign supreme.
— 🎍 (@_sixile) May 11, 2022
Finally, some are trying to cash in on the opportunity.
Texas IG users- if you want to filter your picture cashapp me $1.50 $ErvnYng
— Gemini (@ervn_y) May 11, 2022
Meta said it plans to create an opt-in system for both Texas and Illinois residents, who are facing the same issues.
(Austin Energy)
Power demand is forecast to push within 600 megawatts of the Electric Reliability Council of Texas' capacity Friday afternoon as a record month of heat continues.
Demand for the statewide power grid hit over 65,000 Mw at 5 p.m., just under the capacity the grid can handle. ERCOT announced approximately 2,900 Mw of power was lost on Friday due to six power generation facilities tripping offline. At 5 p.m. it said all reserve generation resources available are operating. Texans have been asked to conserve energy.
Inbox: ERCOT says "six power generation facilities tripped offline resulting in the loss of approximately 2,900 MW of electricity. At this time, all reserve generation resources available are operating." Asks Texans to conserve power... pic.twitter.com/g6LxJlHlop
— Forrest Wilder (@Forrest4Trees) May 13, 2022
As the power grid threatens to buckle under the weight of consumers, record-breaking heat continues to push up demand. Austin is currently in the hottest May on record, with temperatures averaging at 82 degrees—eight degrees higher than average—at Austin's Camp Mabry.
And Austin is expected to have another triple-digit onslaught next week, with temperatures peaking at highs of 100 degrees Friday and Saturday. As a result, demand could peak Monday, with forecast demand expected to reach a May record of 70,758 Mw. The previous record was 67,265 in 2018, while ERCOT's all-time high was 74,820 Mw in August 2019.
While ERCOT has not yet seen a heat surge reminiscent of 2021's Winter Storm Uri, power outage woes became all too real for around 3,600 southeast Austinites Saturday as Austin Energy put on a last-resort power pause from around 3:30 to 7:30 p.m.
The outage was a culmination of many factors—from near-100 degree heat to unfortunately-timed maintenance checks and growth in the Bluff Springs area. The result was an overheating circuit that needed relief fast.
"It was related to high usage overloading one circuit at a time when some of our infrastructure was still undergoing maintenance in preparation for the months to come," Austin Energy spokesperson Matt Mitchell told Austonia. "So it was a very unique set of circumstances that we do not see repeating itself."
Mitchell said that all seasonal maintenance is complete and that Austin Energy will open a new power substation in Bluff Springs this June. The organization also said the issue had nothing to do with ERCOT, which released a statement assuring consumers that power was not threatened during that time.
NEW: ERCOT projects there will be sufficient supply of power to meet demand for this week. pic.twitter.com/fPZWHbWyoc
— Lindsey Ragas (@LindseyRagas) May 10, 2022
ERCOT also told Austonia before 5 p.m. that it "projects there will be sufficient generation to meet demand for electricity" on Friday. It then informed the public about the energy loss due to a power trip.
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