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Commercial

Found 13 blog entries about Commercial.

Our favorite local economist, Neil Spelce, is retiring from his post as Austin's premier economic soothsayer after 40 years of weekly newsletters and we are sad to see his tenure come to an end. Starting in 1979, the articles have consisted of a four-page report mailed out to all the subscribers week after week, 50 weeks a year. In 2000 they converted to an email distribution system while still providing printed copies for those who preferred the old way. It's incredible to think that the consistency of delivery could be maintained by one man for so long but his reliably delivered product was matched by its accuracy in detail and prognostication.  

 When the Neal Spelce Austin Letter (NSAL) first began, resources for detailed economic issues were

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(BASTROP) With a 90-day building moratorium in place as of August 14 and the Building Bastrop campaign inception, the City of Bastrop is working with Simple City Design gaining knowledge of Bastrop’s building past, appreciation of its present progress, and anticipation for the city’s future growth.

Realizing that Central Texas is one of the fastest growing regions in the nation, creating substantial opportunities and challenges for cities in the area, the Bastrop City Council approved the building moratorium, using this time to explore responsible growth solutions, focusing on outdated development codes and stormwater management.

After weeks of research and data gathering, Simple City Design presented the Bastrop DNA Analysis report and Powerpoint

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We don’t typically think much about trash removal or hauling junk until something happens and we need to have it handled as quickly as possible. Usually involving a dramatic life change, it could be a divorce, a death in the family, massive spring/fall cleaning or any number of reasons leading to the impersonal collection and the inevitable disposing of our belongings at the dump somewhere outside of town. Not exactly inspiring, right?

Well, Laura Chavez with Junkluggers Junk Removal Service will change the way we think about trash. Junkluggers is relatively new to Austin but we can promise you that you’ll be hearing a lot more about them soon! Originally started in 2004 in Connecticut, the company rapidly outgrew its small hometown and in 2013

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In the year since Hurricane Harvey devastated the Texas and Louisiana coasts, homeowners have had to reconsider the way they think about flooding. Thousands suffered evacuation from over 200,000 homes across the region, three-fourths of which lived outside of the existing 100-year floodplains. What did most of these property owners have in common? No flood insurance.

Doesn't my homeowners insurance cover flooding?

The long and short answer to this question is no. House Logic, a division of NAR, described homeowners insurance in this way when it comes to water coverage in your home, "[Homeowners insurance] only covers water falling from the sky. Once water touches the ground and enters your home, it’s a flood, and only flood insurance will pay for

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Austinites are proud of the contributions we've made as a city to live more sustainably. We recycle, compost, grow our own food, raise chickens and goats, and we're starting to see more electric cars and hybrids on our roads than any other city in Texas. In fact, to help reach that goal Austin made a commitment back in 2007 to be completely carbon neutral by 2020, partly by having 330 vehicles in our city's fleet be plug-in electric automobiles. While that date is certain to be slipped at our current rate of growth and available programs, we are doing our best collectively to help move Austin in the right direction.

How many electric cars will we have?

According to Jessi Devenyns of the Austin Monitor, "ERCOT is predicting that by 2031, 20

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I have been following the Land Use Code update process from before it was branded CodeNext. A Land Use Code is the set of regulations a city uses about how property is used and developed. It balances landowner rights while also looking out for overall community interests. A city’s land use code is not to be confused with deed restrictions or HOA rules. A property owner’s plan must meet all these rules.

Codes do get updated (the last in Austin was in 1984) but our land use code is older than that and the principals involved were from a very car-centric frame of mind. As such, the land use code has been a contributing factor to our city's biggest complaints. We also have the problems of so many little fixes, amendments, and neighborhood plans adopted

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Have you ever wondered, “What's so hard about selling a house? I can do that myself.” According to the National Association of REALTORS® (NAR), only 8% of homes sold per year are sold directly by the owner. There is a good reason for this; navigating the complete transaction of a home sale can be complicated. These are the questions you must ask yourself: What do I need to do in order to get the home ready for the market? Should I do any repairs/remodeling before putting it on? How will I market the home? and most importantly, At what price will I sell my home? Of course, within these questions are a hundred other questions that pop up. It can be stressful for the untrained person to consider. By not understanding the issues that can arise in a sales

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We talk with potential investors all the time who seem very comfortable with the loan processes involved in buying a single-family residence.  However, when the conversation changes to the possibility of financing a multifamily property potential investors will sometimes get overwhelmed and intimidated.  In this article, I am going to try to outline the different types of commercial lenders.

  

So, what exactly is a commercial loan? Simply put, a commercial loan is a loan that finances properties that are five or more units. If you are looking at a 1-4 Multifamily property that is classified as residential and is financed differently than the methods described here.

Key Differences between a Residential and Commercial loan

Commercial loans are

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Our economy is currently in a recovery mode from the housing bubble burst that occurred in October 2007.  This means that we have been in that mode for 10 years this month.  That makes the recovery “long in the tooth” in a matter of speaking. Ten years is longer than we usually experience between economic downturns.  It follows that there is a lot of advice being passed around on just what one should do to protect their assets.  Many economists and money managers will tell you what to do with your assets (especially cash, or stocks and bonds,) before this occurs. Investors with substantial assets like these are genuinely searching for “safe havens” in preparation for a shocking jolt in the markets or the declining value of the dollar.

The leading

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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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