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December 2016

Found 8 blog entries for December 2016.

Tis the Season to be grateful, and among the many blessing in my life one blessing for sure is that I have the best job ever!  I am a Career Realtor and I specialize in Farm, Ranch, and Horse Properties in the area "in between" Austin, Houston, and San Antonio.  My love of real estate, country properties, and horses started when I was a little girl. 

My dad was a developer in Arizona and I spent many a day standing with him in the middle of a cotton field imagining his future development with him.  Being a city girl I was drawn to the open country and when I was old enough to leave the nest my first big land purchase was 200 acres in Colorado.  That was also where my love for horses fully blossomed when I bought five sisters sired by a well known Paint

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Single-family home sales surge across Central Texas region in November

AUSTIN, Texas – Dec. 15, 2016 – Single-family home sales experienced double-digit growth across the Austin-Round Rock Metropolitan Statistical Area (MSA) in November, according to the November 2016 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Aaron Farmer, 2016 President of the Austin Board of REALTORS­® said, “This end-of-year surge in home sales is an unusual and welcome surprise to what’s typically the lowest months for Central Texas home sales volume during the year. Home sales throughout 2016 continue to be fueled by our region’s steady population growth. At the current pace, 2016 will likely turn out to be another record year for

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Stanberry & Associates strives to be a positive influence in the communities that our agents serve.  This year Stanberry has partnered with Keep Bastrop County Clean, Junior League of Austin (Coats for Kids) to Keep Bastrop Warm.  Our agents organized a collection of coats, scarves, hats and blankets to help out those without them this holiday season.  Each year members of the Central Texas community donate over 35,000 coats. If you'd like to make a contribution to the Junior League of Austin you may do so HERE

Pictured left to right: Josephine Hendrickson, Mary Ellen Franklin, Josh McDonald, Helen Marcus and Wanda Garcia.

Pictured left to right: Josephine Hendrickson, Mary Ellen Franklin, Josh McDonald, Helen Marcus and Wanda Garcia.

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As we enter the Holiday season it's a great opportunity to join in some of Central Texas' best traditions. Make sure to visit some of these excellent attractions before the end of the year.

Austin

Mozart’s Annual Light Show

November 25 – January 8 | Mozart’s Coffee Roasters, 3825 Lake Austin Blvd., Austin. Starting at 6 p.m. each evening, and replaying at the top of every hour until closing, enjoy dazzling lights set to music! The lights show will happen every night, excluding Thanksgiving, Christmas Eve and Christmas Day. Don’t miss out on all the FREE holiday fun!

Zilker Holiday Trail

November 27 – December 31 from 6 p.m. – 12 a.m. | Zilker Park, 2100 Barton Springs Rd, Austin.  Each year, the Austin community eagerly awaits the

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1. Eliminate Drafts

Homes can lose heat in a lot of different ways from “holes” in the heat envelope, and those can be from many sources. According to the U.S. Department of Energy, drafts can waste 5% to 30% of your energy use. Often drafts come in under doors or through windows that don’t seal tightly. These drafts can generally be fixed by laying weather stripping or using a “draft snake”. Weatherstripping tape costs only $5-10 per roll, and easily reduces drafts around doors and windows. If you are really pressed for cash or time you can even roll up a towel and use that as a temporary plug.

Unplugged electrical outlets also let heat escape and can be plugged with inexpensive plastic covers.  Drafts around windows can be sealed with caulk,

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In November the city of Austin voted for a new bond package, prop 1, that aims to provide congestion relief along many of Austins most congested areas. This bond will come as a tax to homeowners of $5 per month for owners of median-priced homes in Austin (~$200,000). Homeowners can also expect that over the course of this particular bond for that rate to go up at around $1/month in 2018 to $6 per month. The goal is to raise over $283 million dollars to fund projects in three major categories: Smart Corridor Projects ($477,500,000), Regional Mobility Projects ($101,000,000) and Local Mobility ($137,000,000).

Smart Corridor Projects

Smart Corridors are the main arteries of our city and some of the most congested parts of the city including streets

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Single-family home sales rise in the city of Austin, decline across Central Texas region in October 

Aaron Farmer, 2016 President of the Austin Board of REALTORS­® said, “Home sales typically slow down in the fall, so it’s encouraging to see a surge of sales within Austin’s city limits last month. Much of this growth is being driven by new home sales in the city, which are up nearly 38 percent year to date. Homes within Austin’s city limits continue to be in strong demand, despite having a significantly higher price point than housing stock in surrounding areas.”

After relatively flat growth throughout much of the year, single-family home sales in the city of Austin jumped 7.5 percent year-over-year to 703 home sales in October 2016.

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Or should I ask, “Is there anyone who thinks they will not go up”? The bankers and economists who have the ear of the media are giving a high probability that the Feds will raise the rate by a quarter percent later this month. When they do, long-term mortgage rates will increase that amount or more. A quarter percent doesn’t sound like much,---but this will be the second one of those in 12 months, and only two more will make one whole percent. So, for our consideration here is how rising mortgage rates will affect buyers and sellers of real estate.

Everyone knows that when rates go up, the mortgage payment goes up, but most don’t know how much it goes up with each incremental rise and how much this affects affordability. To illustrate the impact,

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