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austin: Top Real Estate Expert Says Now is the Time to Buy in Austin - 11/13/08 02:17 PM
1,700 realtors from around the state recently gathered in Austin for the annual "Realty Round Up" tradeshow and almost everyone had positive things to say about the current housing market. Hosted by the Austin Board of Realtors, an estimated 800 attendees filling the ballroom of the Austin Convention Center.
The event included a speech by the renowned real estate expert, Dr. Mark Dotzour, who responded to real estate predictions that housing prices will depreciate in the upcoming year. Experts forecast the median home price would decline between 5 and 10 percent, but the chief economist for the Texas A&M Real Estate … (1 comments)
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austin: The Best Bang for Your Buck! - 10/23/08 09:39 AM
Once again, Austin and our close neighbor to the south, San Antonio, are leading lists for the best cities to live in and buy real estate. Named by Forbes.com as the leading cities to get the "most bang for your buck," you can read the entire article here: http://realestate.yahoo.com/promo/best-and-worst-bang-for-the-buck-cities.html
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austin: Kids Eat Free - Austin Dining Guide - 10/13/08 02:44 PM
Let's face it...everyone is looking to save a little money these days and we have something to help! Below is a link to the Kids Eat Free Guide for restaurants in and around Austin. Be sure to give the restaurant a call before you go!
http://www.gracytitle.com/e-flyer/8x8/Kids%20Eat%20Free/Kids%20Eat%20Free%20inside.pdf
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austin: Mortgage Update! - 09/16/08 12:33 PM
With the government taking over Fannie Mae and Freddie Mac, rates are finally nicely under 6% for many homeowners and it's been some time since we've seen that. No one can fully predict how long it will last either and many companies offer a free float-down option so there's no excuse for homeowners not to lock in now and protect what's happening in the industry to their benefit.
Also, most homeowners who haven't owned a home in 3 years will qualify for a tax credit of $7,500 so remember even if a seller won't go down to as low of an offer as you had hoped, … (0 comments)
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austin: Faster Recovery! - 08/19/08 01:52 PM
Economist: Austin will recover faster than the rest of the U.S.
Austin Business Journal - by Jean Kwon ABJ Staff
In the coming year Austin will outperform the rest of the country in job growth and in the health of its housing market, according to Mark Dotzour, chief economist at Texas A&M University's Real Estate Center.
Austin will add 8,500 new jobs between now and August 2009, despite a negative job growth across the country, he says. The local housing market will turn around faster than the rest of the country by next summer, Dotzour predicts.
In the meantime there will … (0 comments)
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austin: Round Rock Voted Tops By CNN Money - 08/06/08 01:41 PM
CNN Money's review of Round Rock as well--Top 10 Places to Live in 2008 7. Round Rock, TX
Source: CNNmoney.com
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austin: Austin Ranked #2 by Forbes! - 07/29/08 09:49 AM
Austin has been ranked as the #2 best city to buy a home by Forbes! Rounding out the top 10 are Atlanta, Jacksonville, San Francisco, Charlotte, Dallas, San Antonio, Philidelphia, St. Louis and Houston. Way to go Texas!
To view the complete article click here:http://www.forbes.com/2008/07/14/housing-buyers-list-forbeslife-cx_md_0714bestbuy_slide.html?partner=email
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austin: Austin Population Growth - 07/01/08 12:15 PM
Below is an interesting map showing the areas of Austin that are supposed to have the most growth over the next decade. As you can see, most of the areas are more suburban and do have quite a bit of new home construction in progress.
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austin: Hot Dinner Spots in Austin - 06/04/08 03:30 PM
Ever wonder where to find the hot new dinner spot in Austin?? Check out this great message board, so you're not left out of the know and bored with the same old spots.
Click here to see where you should make your dinner plans tonight!!
Check out our website at www.jkbrealty.com to search for your next home in the Austin area or set up a custmized search, emailed to you every time a new property hits the market that meets your criteria!!
Looking for a condo?? We have tons of valuable information and free reports...all you have to do … (0 comments)
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austin: Free Yoga at Barton Springs - 05/19/08 02:39 PM
FREE YOGA at BARTON SPRINGS!
See Yoga Yoga's details below about this wonderful opportunity to nurture your mind, body & spirit in the beautiful presence of Mother Earth!
Save Our Springs Alliance and Yoga Yoga have teamed up to bring Austin free, outdoor yoga classes at Barton Springs Saturdays in May from 10-11am. All ages and abilities are welcome. Please wear comfortable clothing and bring your yoga mat and sun screen. All classes will be led by registered yoga teachers from Yoga Yoga.
Mark your calendars: May 3, 10, 17, 24 and 31!
The classes will be held just outside the … (0 comments)
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austin: Austin Housing Market Still Thriving!! - 02/13/08 11:17 AM
Austin continues to be on all the top economists' Top 10 Best Performing markets in the country. At #7 in the country, the Austin-Round Rock Metroplex is still enjoying a 9% average appreciation rate, approximately 50,000 new Austinites in 2007 and one of the lowest unemployment rates in the country.
With builders cutting back as a result of the hit they are taking in other states and the high number of new members in our community, rental rates are primed to increase and the rental shortages we experienced in the late ‘90's are on their way back.
Meaning, buy, buy, buy … (0 comments)
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austin: “Home prices jump almost 10%” Austin Business Journal - 12/14/07 12:21 PM
More great news about the Austin real estate market! Don't let the national forecast fool you - Austin's market is hot! Click here to read entire article!
If you're thinking of selling your home, call or email today and we'll provide you with a FREE "Market Evaluation on Your Home." Or, do you need an in person evaluation of what your home needs to sell in today's market? We can provide you with information about what you can do to make your home sell for top dollar in a short period of time. Also, check out our website so you can … (0 comments)
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austin: Absorption Rate Key to Successful Pricing - 12/03/07 01:36 PM
If you're one of my sellers then you already know that every week I provide you with a review the current active/pending/sold properties AND the absorption rate or months worth of inventory. Many of you ask, "Why is the absorption rate so important?"
According to the National Association of Realtors®, only 50% of all listings sell. If only 50% sell and there are 5 times more listings than there are buyers in the market then sellers have to get very serious when determining their list price if they want to sell not just list their property. In a shifting market, knowing … (3 comments)
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austin: Still Renting?? - 11/15/07 12:41 PM
You just read that Austin is a top pick in the US for bargain buyers. You know Austin is beautiful, affordable, primed for job growth and housing market appreciation, so what are you waiting for? Prices to drop? More money to increase your down payment? Don't wait! See what you are losing on the attached spreadsheet.
Rental prices are high and, according to local economists, predicted to go up another 12% in 2008. Interest rates are still at historical lows. Build equity and stop giving your money away to Uncle Sam and your landlord.
Call or email me today and I'll … (0 comments)
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austin: 20 Things That Can Alter the Value of Your Home - 10/31/07 12:39 PM
Sellers beware of urban legend. Pools don't always increase your home's value. "Unique" floorplan is a kind way of saying odd or funky. And, no, your collection of cat figurines pasting the walls of your home do not make buyers remember the house in a good way, nor is your tribute room to the band Queen a highlight feature of the house.
Yes, sometimes buyers may wish they had the opportunity to select the new carpet or paint color. But, overall, buyers want clean, updated and move in ready. That means neutral colors, no pets, comparable features with other homes in the … (0 comments)
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austin: Fed Cuts Rates by Half a Point - 10/02/07 03:20 PM
What does it mean when the "Fed" cut the federal fund rate or the bond market fluctuated and thus interest rates went up or down? It's all pretty confusing, but here's the story in a nut shell.
Interest rates went up this past week from 6.125% for a 30 year fixed rate to 6.5%. But, rates are still much lower than they were 4 months ago at 6.75%. Experts estimate that rates should continue to hold steady until the next Fed meeting October 31st as the bond market continues to fluctuate and the Fed might cut the federal fund rate to assist … (2 comments)
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austin: Markets Where A Flipper Can Make A Buck - 09/18/07 09:54 AM
MARKETS WHERE A FLIPPER CAN MAKE A BUCK
Flipping, fast money, easy to do, and it is on TV so it must be true, right? Wrong! Using "TV Profit" it works, but most TV remodeling shows forget to include the "silent costs".
Forbes Magazine ranked Austin the #5 best market to flip a house as you'll read in the article linked below. But, they only took into consideration: sales vs. inventory, supply vs. demand, current vs. new home construction numbers in order to calculate markets where new construction is low. So, what does all that mean? Forbes is using "TV Pricing" and … (4 comments)
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austin: Austin Streets and Their Many Names - 09/14/07 04:08 PM
Has this happened to you? "Take Capital of TX of Highway until it hits Mopac then take the Enfield exit." Then you find out that the signs do not correspond with the names you've been given because Capital of TX Highway is 360, Mopac is Loop 1 and Enfield is 15th. Why is it that US 183 and RM 2222 each have 5 names, none of which give you any idea what part of the road you're suppose to go to. My personal favorite is there 5 miles between 290 East and 290 West. How are they even considered the same … (0 comments)
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austin: 10 Most Overpriced Markets - 08/29/07 12:21 PM
10 Most Overpriced Markets
Forbes magazine has calculated what it considers the most overpriced U.S. housing markets by estimating a "price-to-earnings" (P/E) ratio for each of the 40 largest metro areas.Just like the P/E of a stock, this value attempts to measure the price a home owner would pay for $1 of return. It was figured by dividing each market's median home price by annual rents minus taxes and insurance. The average P/E for the 40 markets is 28.The magazine also incorporated a second metric. It calculated an affordability score based on how many residents pulling down a median income could afford … (6 comments)
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