Hello everyone! I hope your morning started on the right note! I’m Jessica here with your Thursday edition of the Austin Daily, full of all the local information you need to know right now. In today’s issue, we’ll cover:
- Does Austin currently have a seller’s market or buyer’s market? We have the scoop on the latest real estate trends.
- Pretty Woman: The Musical is in the city tonight, and there are still tickets!
- Things are Warming up on the acquisition front for local tech titan National Instruments.
But first, today’s weather:
Variable cloudiness. High: 67 Low: 46.
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Here’s the top news in Austin today:
1) The Austin housing market continues to cool and shift in favor of buyers. The Austin Board of Realtors (ABoR) released its most monthly housing report and data shows that homes now spend an average of two months on the market. KXAN reports: “Homes that sold in December [2022] it spent an average of 73 days on the market, almost triple the average of a year ago. The average is the highest since March 2012, nearly 11 years ago, when homes took an average of 83 days to sell.” KXAN has a deeper analysis of the ABoR report here.
2) The leaders of the Texas House of Representatives and Senate released the new draft house state budget bill that includes $15 billion for property tax cuts, $1.8 billion for employee wage increases and $4.6 billion for Operation Lone Star. According to The Texas Tribune, both proposals “seem to leave more than $50 billion in available funding on the table at a time when the state has a total of $188.2 billion in available funds to spend over the next cycle, including a record $32.7 billion.” cash”. balance.” The Texas Tribune has more coverage on the 1,000+ page proposals filed yesterday and where things are among lawmakers – check it out.
3) Emerson Electric announced a $7.6 billion bid for local tech giant National Instruments. Days after reporting that National Instruments was exploring a sale, US engineering and industrial software company Emerson Electric revealed that it has been unsuccessfully trying to buy it for several months. WOW! Who knew we’d get some soap opera level drama from our local business news? Austin’s American Statesman has more on this story here.
4) Central Texas pharmacies struggle to keep stock of children’s medications. Health officials expect demand for medications to continue through cold and flu season (May) and suggest that parents feel comfortable asking the pharmacist about alternative options. KVUE reports: “Experts say that some adult medications can be converted to children’s dosages, as there are ways to cut, split, or mix them, but parents should never determine the correct dosage on their own and should ask a doctor or pharmacist about what they are giving your child. Learn more here on KVUE.
Today in Austin:
- (Suitable for children) Stories in pajamas at the Austin Public Library, Windsor Park Branch. (6 p.m.)
- Teen Music Lab: Artist Mentoring at the Austin Public Library, Central Branch. (6 p.m.)
- Moontower Comedy Presents: Sam Morril The Class Act Tour at the Paramount Theatre. (6 p.m.)
- TC Superstar: Tiny Texas Tour with Cloud Companion, Marxus Bell and Flora & Fawna at Empire Garage. (7:30 pm)
- Krum Bums with Peace Decay, Liberty & Justice and Nerve in Mohawk. (7:30 pm)
- Learn to swim (Homage to the tool) withPre Black Days (ATX tribute to ’90s grunge) in the Empire Control Room. (7:30 pm)
- Beautiful woman: The musical at Bass Concert Hall. (8 p.m.)
- campfire comedy: A narrative show at Buzz Mill. (8 p.m.)
Community chat:
- 💰 Local winner: “ICYMI: Lottery officials say a winning Powerball ticket for Monday’s drawing worth $1 million was sold at a downtown Austin gas station.” (CBS Austin via Facebook)
- 🧾 Free Tax Services for Austinites: “As tax season approaches, Foundation Communities is opening its free tax preparation services to Austin’s low-to-moderate income residents. Prosper Tax Help is open seven days a week at six different locations in the Austin area. Services are provided by IRS-trained retired tax preparers and bookkeepers.” (Community Impact)
- 🐶 Calling all puppy parents: “We are calling on all dogs to come to Metz Park on Saturday, March 11, 10 a.m. (Austin Parks and Recreation Department – Families via Facebook)
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Is all for today. I’ll see you soon!
— jessica collins
About Me: Jessica is happy to call Austin her home for the past 10 plus years. She loves the outdoors, arts and movies, restaurants, and all the natural beauty Central Texas has to offer.
Do you have any news tips or suggestions for an upcoming Austin Daily? Contact me at [email protected]