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July 2016

Found 24 blog entries for July 2016.

Title companies say that in more than one-third of all real estate transactions they must undertake “extraordinary work” to address title issues and ensure the deal makes it to settlement OK.

Title companies will often scour public records back 50 years or more to look for past deeds, wills, divorce decrees, bankruptcy filings, court judgments, trusts, and tax records that could be defective or outstanding.

From that search, unresolved title issues can surface. And, any unresolved title issue – even if relatively minor – could jeopardize settlement. Here are some common issues title companies say pop up:

Mechanic liens: These are liens placed against a property that a general contractor or someone who worked to improve the home filed before beginning the

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While Austin continues to attract new millennial residents, it scores as one of the top large cities in the country for senior living, too.

SeniorAdvice.com released a ranking of top large senior cities and Austin was number 2 on the list.

The website's SeniorScore algorithm rated cities across the country in four major categories: health and safety, leisure and recreation, finances and affordability, and overall quality of life.

With 79 percent on the SeniorScore, Austin came in just one percentage point behind Oklahoma City. The list rounded cities' scores to the nearest whole number, so while Pittsburgh, Louisville and Fort Worth also had scores of 79 percent, Austin inched slightly higher.

Austin ranked high for senior-friendliness because

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First-time home buyers are facing some stiff competition this summer, and while they may feel compelled to make a hasty real estate decision, doing so could lead to financial remorse or home buyer regret, according to Curbed.com. In their article, real estate professionals share some of the most common mistakes by first-time home buyers, including:

Choosing the most expensive home. Just because you can qualify for a loan to buy that high, doesn’t mean you necessarily should. Some buyers max out how much they spend but then have nothing left over for savings. They get over their head quickly then when they move into home ownership.

Not shopping around enough. This applies to seeing enough homes and shopping for the right mortgage. “We are in a crazy

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Austin is among the top 10 cities in the U.S. for career opportunities, according to SmartAsset.

The personal finance website published its second-annual ranking of the best cities for career opportunities Tuesday. Austin fell to No. 7 in the rankings compared to last year, when it ranked No. 6. SmartAsset noted that the Central Texas metropolis saw jobs expand by 3.9 percent between 2015 and 2016.

“ Austin can be a great place for recent graduates who are trying to enter the workforce,” reads Austin’s entry on the ranking. “Job prospects are likely good for folks interested in working for the government, a public school system or a tech company, as these are popular industries in the city.”

Austin’s unemployment is among the lowest in the state,

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Incomes are keeping pace with rising rents in Austin, a new study surprisingly shows, although not the story in many, many areas!   Austin rents and incomes are both up about 40% since 1980. In 1980 rents ran about $761 with renter incomes of $30,227; today’s benchmark shows rents around $1,092 with income at $43,634. Strong employment growth and the ability to attract millennials has given Austin “the most impressive boost in the country”, according to ‘Apartment List’.   Not such good news in other Texas locations; actually BAD news …   In Dallas, some amazing stats: incomes took a big hit around 2003 and have not been able to recover well since. Their rents increased about 25% from 1980 levels of…
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Top 10 Greenest Cities in the U.S.You can still enjoy the perks of city life with plenty of nature too. Realtor.com®’s research team recently identified the top major urban U.S. cities that also offer residents the chance to spend time with nature on a regular basis.

Researchers factored in the cities with the highest percentage of parkland in the area, air quality index, number of plots in community gardens per capita, percentage of homes that have a garden or greenhouse, and additional factors.

The following cities ranked as the 10 greenest.
1. Portland, Ore.
• Percentage of parkland: 17.8%

2. Honolulu, Hawaii
• Percentage of parkland: 33%

3. St. Louis, Mo.
• Percentage of parkland: 9.5%

4. Austin, Texas
• Percentage of parkland: 14.6%


5. Seattle, Wash.
• Percentage of parkland: 12.5%

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The fatal crash a few miles north of Jarrell, shut down the northbound lanes of Interstate 35 for about nine hours Tuesday morning. For people stuck in the backup, there were only a few detours to get around the mess.

“I’ve probably been in traffic for over an hour-and-a-half so far, it’s pretty much been at a standstill,” said driver Tamesha Keelen, who was stuck behind the crash.

Charred trucks blocked the highway, forcing drivers to go around the crash. Traffic was initially detoured east of I-35 to FM 487, then north to County Road 303. However, once traffic started to back up even more, the detour was moved further south to SH 195.

The county is looking at plans to possibly expand county roads like CR 303 from two lanes to four, to help with

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Austin’s unemployment rate of 3.3% in June, facing the tightest job market it's seen in years, is now tied with Amarillo for the lowest metro unemployment rate in the state.

Over the past year, Austin’s labor force increased to 1.1M workers from 1.07M and is the first time since May that Austin’s unemployment has moved above 3%.

Texas, as a whole, saw another month of sluggish job growth. The state’s labor force rose to 4.5%, still below the national unemployment rate of 4.9%, experiencing substantial sector losses in mining & logging, and manufacturing areas but with solid increases in leisure & hospitality.

http://www.bizjournals.com/austin/news/2016/07/22/austin-unemployment-tied-for-lowest-in-state-texas.html

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Moving experts recently shared with realtor.com® some of their most creative tips and tricks for helping home owners pack up their belongings.

Glasses and cups: Insert a stemware into a tube sock to prevent cracks. Also, “pick up wine or beer boxes with cardboard separators to pack glasses and other fragile items -- liquor stores give these away for free,” says Mim King, a professional organizer in Minneapolis.

Jewelry: Prevent necklaces and bracelets from getting tangled up by taking a few empty toilet paper rolls or drinking straws. Thread each chain through a toilet roll or straw. Then fasten the clasp.

Plates: Use bubble wrap or insert paper plates in between ceramic ones and then stand them up in a box, suggests Randy Shacka, president of Two Men

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The MoPac Express Lane project is already nearly a year behind schedule and now new delays are pushing back the opening date yet again.

The section of express lanes from 2222 to Parmer Lane was set to open Saturday or the contractor was going to face some hefty fines. KXAN has learned that date has been set back to sometime in August and the contractor isn’t going to face a fine, at least not yet.

The Executive Director of the Central Texas Regional Mobility Authority says the reason for the latest delays are due to the heat which is making it hard to pour concrete. The contractor has also been facing a labor problem not getting enough workers out to the job site.

“We’ve put the contractor on notice and we feel they need to ramp up the number of

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