Shonda Novak

Real estate reporter

Shonda Novak has covered residential and commercial real estate for the Austin American-Statesman for the past 12 years. Her beat includes the housing, retail, office, apartment and hotel markets in Central Texas, along with downtown’s high-rise residential building boom of the past decade and the region’s overall growth and development. A University of Texas graduate and Houston native, Novak has covered a variety of beats in her 30-year journalism career at newspapers including the Albuquerque Tribune, the Santa Fe New Mexican and the Beaumont Enterprise. 

Latest from Shonda Novak

Central Texas home sales up 2.8% in July

Posted: 2 days ago

Austin-area home sales and prices continued on their upward trend in July, with both showing increases over the same month last year, the Austin Board of Realtors said Thursday. Inventory levels also were up. Sales of single-family homes rose 2.8 percent, with 2,892 houses changing hands, the board in its latest monthly report, which covers...
Central Texas home sales rise 2.8% in July
 Austin-area home sales and prices continued on their upward trend in July, with both showing increases over the same month last year, the Austin Board of Realtors said Thursday. Sales of single-family homes rose 2.8 percent, with 2,892 houses changing hands, the board in its latest monthly report, which covers the five-county Austin region...

Posted: 3 days ago

Austin-area home sales and prices continued on their upward trend in July, with both showing increases over the same month last year, the Austin Board of Realtors said Thursday. Sales of single-family homes rose 2.8 percent, with 2,892 houses changing hands, the board in its latest monthly report, which covers the five-county Austin region...
Google gobbles up more space in new downtown Austin high-rise
 Google is growing its downtown Austin footprint, even before its first employees set foot in the company’s new space in the sleek new office tower called 500 West 2nd. The new space ultimately will house more than 450 Google employees, working on products and teams across Android, G Suite, Google Play, human resources, finance, engineering...

Posted: 3 days ago

Google is growing its downtown Austin footprint, even before its first employees set foot in the company’s new space in the sleek new office tower called 500 West 2nd. The new space ultimately will house more than 450 Google employees, working on products and teams across Android, G Suite, Google Play, human resources, finance, engineering...
Austin couple sues homeowners group over condo sale
 A couple who owned four units in the Villas on Town Lake is suing over the recent sale of the 1980s condominium project, saying they have yet to be paid $1.9 million they are owed. Kevin Green and his wife, Amy Edwards, filed the lawsuit in state district court in Travis County against the Villas on Town Lake homeowners’ association...

Posted: 3 days ago

A couple who owned four units in the Villas on Town Lake is suing over the recent sale of the 1980s condominium project, saying they have yet to be paid $1.9 million they are owed. Kevin Green and his wife, Amy Edwards, filed the lawsuit in state district court in Travis County against the Villas on Town Lake homeowners’ association...
Renowned Austin architect Dick Clark dead at 72
 Dick Clark, an architect who helped take buildings across Austin from simple sketches to bricks and mortar, died early Tuesday, according to his family. He was 72. Clark had been battling leukemia, but died of complications from pneumonia at Houston’s MD Anderson Cancer Center, a publicist said. His firm, Dick Clark + Associates, was...

Posted: 11 days ago

Dick Clark, an architect who helped take buildings across Austin from simple sketches to bricks and mortar, died early Tuesday, according to his family. He was 72. Clark had been battling leukemia, but died of complications from pneumonia at Houston’s MD Anderson Cancer Center, a publicist said. His firm, Dick Clark + Associates, was...
Tallest tower yet planned for Austin skyline
 A San Antonio-based developer is planning to build an 850-foot-tall skyscraper in downtown Austin, which would be the city’s tallest building. Lynd Development Partners is teaming with Dallas-based Lincoln Property Co. on the proposed mixed-use tower, which is planned for 600 Guadalupe St., Lynd’s president and CEO Michael Lynd...

Posted: 15 days ago

A San Antonio-based developer is planning to build an 850-foot-tall skyscraper in downtown Austin, which would be the city’s tallest building. Lynd Development Partners is teaming with Dallas-based Lincoln Property Co. on the proposed mixed-use tower, which is planned for 600 Guadalupe St., Lynd’s president and CEO Michael Lynd...
EXCLUSIVE: Austin’s tallest tower planned for West Sixth and Guadalupe
 A San Antonio-based developer is planning a skyscraper in downtown Austin that would soar 850 feet high which, if built, would make it the city’s tallest building. Lynd Development Partners is teaming with Dallas-based Lincoln Property Co. on the proposed mixed-use tower, which would be built at 600 Guadalupe St., Michael Lynd Jr.,...

Posted: 15 days ago

A San Antonio-based developer is planning a skyscraper in downtown Austin that would soar 850 feet high which, if built, would make it the city’s tallest building. Lynd Development Partners is teaming with Dallas-based Lincoln Property Co. on the proposed mixed-use tower, which would be built at 600 Guadalupe St., Michael Lynd Jr.,...
GOING UP: 44-story apartment tower set for Warehouse District
 Developers planning a high-rise apartment tower in downtown Austin have filed for a permit with the city to demolish the existing Sullivan’s Steakhouse restaurant on the site. However, Sullivan’s is expected to be part of the new project. The high-rise is being planned for one-fourth of a block at at 300 Colorado St. The developers...

Posted: 17 days ago

Developers planning a high-rise apartment tower in downtown Austin have filed for a permit with the city to demolish the existing Sullivan’s Steakhouse restaurant on the site. However, Sullivan’s is expected to be part of the new project. The high-rise is being planned for one-fourth of a block at at 300 Colorado St. The developers...
44-story apartment tower set for Warehouse District
 Developers planning a high-rise apartment tower in downtown Austin have filed for a permit with the city to demolish the existing Sullivan’s Steakhouse restaurant on the site. However, Sullivan’s is expected to be part of the new project. The high-rise is being planned for one-fourth of a block at at 300 Colorado St. The developers...

Posted: 17 days ago

Developers planning a high-rise apartment tower in downtown Austin have filed for a permit with the city to demolish the existing Sullivan’s Steakhouse restaurant on the site. However, Sullivan’s is expected to be part of the new project. The high-rise is being planned for one-fourth of a block at at 300 Colorado St. The developers...
Office rents at record highs in Central Texas market
 Despite slightly slower growth in the Austin area’s economy, the region’s office market ended the second quarter on a strong note, with rents reaching record highs, according to a new report. Gross rents for top-flight office space (Class A) in Central Texas hit $39.19 per square foot per year in June, an all-time high and a jump...

Posted: 19 days ago

Despite slightly slower growth in the Austin area’s economy, the region’s office market ended the second quarter on a strong note, with rents reaching record highs, according to a new report. Gross rents for top-flight office space (Class A) in Central Texas hit $39.19 per square foot per year in June, an all-time high and a jump...
As supply grows, renters finding relief in Austin apartment market
 In a good sign for Austin apartment dwellers, the metro area’s average apartment rental rates slowed their swift rise in the first half of the year as supply began to catch up with demand, industry experts say. In the Austin region — spanning from Georgetown to San Marcos — rents averaged $1,246 a month as of June, an increase...

Posted: 22 days ago

In a good sign for Austin apartment dwellers, the metro area’s average apartment rental rates slowed their swift rise in the first half of the year as supply began to catch up with demand, industry experts say. In the Austin region — spanning from Georgetown to San Marcos — rents averaged $1,246 a month as of June, an increase...