Archive for October, 2011

Leander Purchases Sandy Creek Water Treatment Plant

Friday, October 28th, 2011

Leander signed a purchase agreement for Sandy Creek Water Treatment Plant on Oct. 14, following almost a full year of negotiation with LCRA to purchase the facility. According to city officials, this means Leander residents are avoiding the possibility of having a private contractor run the facility and increasing rates in the future. Leander will […]

Sellers Leaving Money on the Table

Wednesday, October 26th, 2011

For sellers to achieve top dollar on their home many miss an important element that is costing them money.  Staging.   Lets do the math.  If the seller spends a median of $250 on staging and the selling price of a staged home is typically 1.7% higher, then for a $200,000 home, staging can result in […]

How to Close on a Home Quickly

Tuesday, October 25th, 2011

Congratulations! You’ve finally found the house of your dreams and submitted an offer. Now on to the tricky part – getting your loan approved. How Long Should it Take from Purchase to Closing on a Home? Once your offer is accepted by the seller, your loan application will be submitted to an underwriter for approval […]

Cedar Park One of the Fastest Growing Areas in the Country

Monday, October 24th, 2011

The 1890 Ranch shopping center in Cedar Park has been sold for $97.6 million to a joint partnership created by Chicago-based Inland Western Retail Real Estate Trust and Canada-based RioCan Real Estate Investment Trust. The 486,896-square-foot shopping center, at the 183-A toll road and RM 1431, includes a Super Target, PetSmart, Academy Sports, Ross Dress […]

UPDATE: Many homes under contract will not be able to close after September 30 if Congress does not act

Sunday, October 23rd, 2011

In an update to a previous post, the Senate voted in favor of an amendment that would reinstate the heightened conforming loan limits for mortgage loans backed by Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA). The amendment, introduced by Sens. Johnny Isakson (R-Georgia) and Bob Menendez (D-New Jersey), passed late Thursday with […]

Lord British – Video Gaming Mogul, Selling Britannia Manor II, in NW Austin

Thursday, October 20th, 2011

Video game mogul and noted space tourist Richard Garriott is selling his Hill Country home in northwest Austin.   You too can own his home, aka Britannia Manor II, in Northwest Austin for a mere $4.1M. Along with his extensive career in the gaming industry, Garriott is one of a handful of people wealthy enough to […]

Williamson County Burn Ban, Still in Effect

Wednesday, October 19th, 2011

Williamson County commissioners extended the county burn ban for 90 days during a regularly scheduled Oct. 18 meeting. Additionally, Williamson County could be considering extending the burn ban up through the same time next year if weather predictions are accurate, Williamson County Emergency Services Director John Sneed said. The burn ban prohibits smoking in county-owned […]

Williamson County Property Tax Bill Mail Out – This Week

Monday, October 17th, 2011

Williamson County property tax statements will be mailed to county residents the week of Oct. 17, according to the Williamson County tax assessor/collector. The office of the Williamson County tax assessor/collector sends out tax bills on behalf of most of the taxing entities, according to a Williamson County news release. Property owners who have their […]

Green Building is the Future for Real Estate

Friday, October 14th, 2011

Eco-friendly home designs are one bright spot in today’s struggling real estate economy. As homeowners look to buy new, green-constructed homes, real estate builders are doing everything they can to lower the cost of living with energy and environmentally efficient designs. The Appraisal Institute, the nation’s largest professional association of real estate appraisers  released a […]

MLS Statistics – September 2011

Thursday, October 13th, 2011

The Austin area housing market continues to see improvements.   The latest MLS (Multiple Listing Service)statistics for September 2011 show that for all areas of ACTRIS (Austin Board of Realtors), the number of listings sold is up 19.9% from this time last year, total volume is up by 22.3%.    The average sales price, $241,609 is up […]