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July 2017

Found 11 blog entries for July 2017.

AUSTIN, Texas – July 20, 2017 – Central Texas single-family home sales growth slowed in the first half of 2017 while home prices continued to grow at a steady pace, according to the Mid-Year 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS® 

Austin-Round Rock Metropolitan Statistical Area (MSA)

Single-family home sales in the five-county Austin-Round Rock MSA rose 2.8 percent year-over-year to 14,958 home sales in the first half of 2017, while the median price rose 6.4 percent year-over-year to $300,000. Home listings also experienced gains in the first half of the year, with active listings jumping 15 percent to 6,153 listings, new listings rising 9.0 percent to 22,293 listings, and pending sales rising

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So by now, you have to know that we are in a fast paced market. There are not a lot of homes for sale compared to the number of people that would like to buy them. If you really want to buy a home you have to get into practices and partnerships that will set you apart from the other people looking at the homes and condos you want to buy. It’s going to take work. You’ll probably need to make some face to face appointments with industry professionals to prepare yourself before you try to see homes at all! However, if you follow a few steps you can have yourself in a position to own your dream home when it comes onto the market.  

Meet a lender and get approved

Take your w-2, a copy of your bank statements, two years of tax returns, a couple

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   This is a question we hear on a frequent basis, and there is evidence for the “yes” side of that argument. Prices for homes in Austin are rising. Appraisals on the sale of residential properties right now are consistently coming in lower than agreed upon sales prices.  Doesn’t that mean that the market is overheated?  

We think the answer is no, and we’ll show you why.  We’ll also give you a tip on how to manage that, if you are a buyer concerned about being caught in a situation where you have to offer more to buy a home than the home is worth.

You may remember that Texas home prices appreciated more slowly than many other areas in the runup to the crash that came in late 2008.  We watched as prices in other states, particularly

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Looking for the next hot spot in Austin? Look no further than The Domain’s Rock Rose. The much-anticipated arrival of the 17 hot bars and restaurants is growing more and more as these newcomers are joining an already entertaining atmosphere. Here are the bars and restaurants you can see opening soon in the Domain.  

1. Sway

Looking to get modern Thai for both lunch and dinner? Look no farther than New Waterloo’s Sway. Other locations: South First, forthcoming in Westlake
Status: Fall 2016

2. Jack and Ginger’s

This Irish sports bar focus’ on whiskey, soccer, and, of course, beer. This pub style restaurant offers 82 different beers on tap and serves Irish American comfort food including breakfast. It’s a great place to go and watch

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Summer is here so that means that it’s time to enjoy the great outdoors in Central Texas.   Hiking is an excellent low-impact form of exercise that also provides opportunities to explore the Texas Hill Country.  This month I’m going to share some of my favorite camping spots in and around Austin so put on your boots, grab a bottle of water and get ready to enjoy some fresh air.

 

Barton Creek Greenbelt East

3755-B Capital of Texas Hwy.

This hiking trail follows Barton Creek along 360 and MoPac.  What I like about this trail is how accessible it is without really needing to leave the city.  This trail has nicely established trails that are mostly clear of tripping hazards.  Since this trail follows the creek bed it isn’t uncommon for you to…
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No matter how much it rains during the spring, summers in Texas tend to win and dry us out. Dry weather, high temperature, and Texas’ native foliage make fire safety very important. While it’s been a while since we worked through the fires in Bastrop, Texas it is important to have a plan for when a fire breaks out.

Create Defensible Space

The area within 30 feet of your home should see the mot attention for fire hazard reduction and thinning of possible ignition sources, but the landscape up to 100 feet from the structure should be regularly maintained.  What this means is that trees and grasses should be trimmed away from your home when possible.  You may even consider xeriscaping the areas closest to your house to eliminate as much fuel as

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Technology Investment to Allow the Best Analysis

 In order to make ourselves more helpful to our friends and clients, the commercial team at Stanberry and Associates has invested heavily in several private databases and analytics programs that let us look into investments. There are lots of things we can analyze. Stanberry Commercial Realtors have the ability to look closely at market factors that might influence someone towards or away from a specific part of town. We also have the ability to do quick financial analysis on specific investments. We can also run financial investments which compare multiple potential investments. Let's take a closer look at some of the situations we might be able to help you with.

Financial Analysis

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    When you are thinking about buying your first home you will inevitably want to know the answers to these very common questions. This is fair, with the vast amount of mortgage options and a constantly shifting set of rules it can be hard to know the right answers. Let's get you up to speed on these three common down payment questions.

    1. Do I have to put 20 percent down?

    This question is absolutely the most common and for good reason.  The quick answer is that, yes, some mortgage companies do require at least 20% down but there is a dearth of options in Central, TX that require much less.

    Private Mortgage Insurance (PMI)

    The first option can let you get into your new home for as little as 3%-5% down. If you are ready to buy but haven't

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    While we love to think of our homes as our castle crime can happen to any of us at any time.  Did you know that summer is when you are most likely to be the victim of a robbery? Between long vacations and other summer activities, crooks are out there looking for an easy opportunity.  This is why reducing crime as a community is really important, here are a few ways of making sure that your neighbors have your back.

    Form a Facebook Group or Nextdoor Community

    Social media makes it easier than ever to have conversations with your entire community. With the popularity of Facebook, it's safe to assume that nearly everyone will already have an account.  Talk to your neighbors when you move in to find out if such a group already exists and if it does

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    Article by Kim Fernea Vice President of Corridor Title

    Dripping Springs is a beautiful community known as the “Gateway to the Hill Country.”  Many people are drawn to this community for its beautiful panoramic views as well as the award-winning stellar education provided by Dripping Springs ISD.  The Dripping Springs Chamber of Commerce has described this growing area as “a vibrant community with a dynamic & expanding marketplace.”  

    A relevant contributor to this growing marketplace is Belterra Village located on Hwy 290 in front of Belterra.  This is a 93-acre mixed use commercial project with anchors like Hampton Inn, Sky Cinemas, Gold’s Gym, Breed and Company, Steinmart, Tuesday Morning with many other retail stores.  Eateries to include

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