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May 2016

Found 26 blog entries for May 2016.

Builders Debate a Millennial or Boomer FocusBaby boomers have more income to spend on housing, but the rising number of potential millennial home buyers also has builders frantically trying to meet demand. But millennials and baby boomers differ on their housing preferences, and that has builders stepping back to debate which generation they should cater to.

Millennials now account for 36 percent of U.S. home purchases, compared to 34 percent of baby boomers, according to data presented at the National Association of Home Builders’ annual conference.

For example, millennials are showing a stronger desire for bigger houses with more bedrooms than first-time home buyers from previous generations wanted. What’s more, 48 percent of millennials say they want a home with four-plus bedrooms, while only 20

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A new facilities master-plan was released by UT’s athletic department this week. What could possibly be in store?

Upgrades to DKR Texas Memorial stadium, baseball and softball fields; a new tennis facility; a new Soccer stadium; and maybe even a new 15,300 Basketball and Events facility to replace the Erwin Center.

All in very early planning stages and a long way to go to figure out what will be included but if you want to check out the plan … https://www.scribd.com/doc/313926238/University-of-Texas-Athletics-Master-Plan

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Stashing Cash in Secret Hampers Home BuyingFifty-three percent of consumers recently surveyed say they keep at least some cash at home in a secret location, according to a 2015 financial survey by American Express. But when you’re closing on a home, all that stashed cash tucked away could hamper buyers who try to bring it to the settlement table.

Scott Alexander, operations manager for Assurance Financial, says that lack of verification of income or assets is one of the biggest culprits for sales contracts falling through. A mortgage preapproval letter won’t help either, Alexander says.

A cashier’s check from a bank is the only thing that will suffice on closing day.

“Cash on hand is unacceptable nowadays. No title company is going to accept cash as funds at the close,” Alexander says. Even if the

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Memorial Day is the unofficial start of grilling season. And though your trusty grill likely will get a workout over the course of a fun-filled summer, Memorial Day is one of the days where it simply must perform. No one wants to remember Memorial Day as the time the grill master had to run to the local pizza joint because they messed up the meal.

Therefore, I did the research to make sure your meal is a success. I reached out to the pros to deliver these helpful tips for a Memorial Day meal everyone will remember – for all the right reasons.

In 2013, Cooking Light created a list of the most common grilling mistakes. I surveyed three barbecue connoisseurs and asked them to rank which mistakes were the most egregious. Not everyone is a barbecue pit

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As of this Spring, Austin was the 20th most expensive city to rent in the nation. One bedroom units were priced at a median of $1,150 and two bedroom units at $1,500, showed one study. 

Austin came just ahead of Houston, Charlotte, and Nashville and just behind Dallas, in 19th.

Central part of Austin showed, Downtown Austin ($1,900) as the most expensive followed by East Cesar Chavez ($1,650), Holly($1,625), and Old West Austin ($1,600).

More affordable options in the $1,000 range could be found in Pleasant Valley, University of Texas – Austin, and North Loop.

https://www.zumper.com/blog/2016/04/see-how-much-austin-renters-spent-this-spring-2016/

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What unwritten etiquette rules should home sellers follow to show their home to potential buyers? Realtor.com® recently highlighted a few of these must-follow etiquette tips that you’ll want to share with your clients.

Don’t stay for showings. Home owners who lurk during an open house or showing can unnerve buyers. “Buyers don’t feel as comfortable when the owner is at the home watching their every move,” says Nicholas Kensington, a real estate professional with Scottsdale Real Estate. “Get out of their way so that they can start to picture themselves living there instead of being spied on.”

Keep your car out of the way. “Make it easy for visitors to park and view the home,” Kensington notes. “No one likes parking issues. Having them is a sure way to get

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Wednesday, May 25 at 8:00 p.m. KGSR’s Blues on the Green returns to Zilker Park with FREE, live music. Take your blankets or lawn chairs and join in the fun. This week, it’s an Antone’s celebration featuring Mike Flanigin’s The Drifter, Billy Gibbons, Jimmie Vaughan, Charlie Sexton, and The Peterson Brothers. Zilker Park (east end where Lou Neff Road wraps around), 2100 Barton Springs Rd, Austin.

Click on the link below for more information and dates/times

http://www.kgsr.com/promotions/blues-on-the-green

 

 

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“Much of Central Texas’ home sales activity is now taking place outside of Austin’s city limits” according to ABOR’s 2016 President. “In Austin, home sales growth is suppressed, inventory is more constrained and home prices are much higher.”.

Hays County experienced the largest annual single family home (SFH) sales volume gain in April 2016, up 17.8% while Williamson County was the only county in the Austin-Round Rock MSA to experience a decline in home sales volume, dropping 5.1% percent year-over-year. City of Austin was up 1.7%.

Hays offers many more entry-level homes priced under $200K, something that is becoming a rarity in Central Texas. In Williamson County there is not enough homes to meet demand, “particularly in Round Rock and Pflugerville.” said

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As baby boomers reach retirement age, accessibility has become a popular buzzword in home design. As such, master suites on the main floor are a growing trend in new-home construction. BUILDER online recently took a look at whether that trend will stick around. Laura Segers, vice president of sales operations at Frank Betz Associates, believes the main floor master suite has some staying power. Frank Betz Associates’ data of its top 100 floorplans shows a slight increase in the number of two-story designs with the master suite upstairs from 2013 to 2014 (14 percent vs. 15 percent, respectively) but its number of one-story floorplans rose by two percentage points. The majority of its best-selling floorplans feature accessible master suites that have no

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Rates now sit at 2.9% in Central Texas. Texas as a whole sits at 4.2% and the US well under 5% at 4.7%.

With rates so low, employers, especially tech companies, will be keeping a close eye on the local rate as competition for new hires has become extremely competitive.

http://www.bizjournals.com/austin/news/2016/05/20/austin-jobless-rate-drops-to-16-year-low.html

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