512 Homes For Sale - Austin, TX Real Estate

Prevent Oak Wilt in Austin and Central Texas

Ryan Kucera — Wed, 11 Apr 2012 19:04:30 +0000

For your information:
Prevent Oak Wilt in our neighborhood! This is a very dangerous time of year for our beautiful Oak trees. The beetles that cause oak wilt are very active February through June. It only takes 15 minutes for these beetles to find an open wound on an oak tree.

Oak trees should be trimmed when temperatures are below 40 degrees and above 95 degrees. If you must trim your oaks now, be sure every wound is sealed immediately.

For more information, search on “Texas oak wilt”.

Ryan Kucera
http://www.AustinRealEstateEye.com

512-589-7308

FHA Underwriting changes as of April 1st, 2012

Ryan Kucera — Wed, 11 Apr 2012 18:35:36 +0000

FHA Underwriting Changes

(Effective: April 1, 2012)

1. Upfront MIP increasing from 1.00% to 1.75%, Monthly MIP increasing from
1.15% to 1.25%
Example-
on a $200,000 sales price with an FHA loan, this will increase the
payment by approximately $26/month

2. Audited P&L’s will be required on ALL self-employed borrowers if more than a
calendar quarter has elapsed since the date of the most recent calendar or fiscal-year end
tax return was filed by the borrower.

3. When a borrower has disputed accounts, an automated approval will not be
downgraded to a manual underwrite as long as they meet both of the following:
a. total outstanding balances on disputed accounts are less than $1,000
b. the accounts are aged two years from the date of last activity

4. If the disputed accounts or collections are greater than $1,000 the accounts must be
resolved or paid in full. Payment arrangements of these accounts must have a minimum
of 3 months verified payments as agreed. All must be prior to, or at the time of closing.
And, the payment for the arrangements must be included in the borrower’s ratios.

5. Disputed accounts or collections resulting from identity theft, card theft or
unauthorized use will be excluded from the $1,000 limit, but the borrower must provide
appropriate documentation to prove.

6. Identity of interest transactions is when a family member sells to another family
member. FHA has now included aunts, uncles, sisters, stepsisters, brothers and
stepbrothers. These transactions may result in a reduced maximum loan-to-value.

Thank you so much for your continued support! If we can further clarify any of
the above material, please do not hesitate to contact me.

Ryan Kucera
http://www.AustinRealEstateEye.com

512-589-7308

Homestead Exemption Forms Due by April 30, 2012

Ryan Kucera — Wed, 11 Apr 2012 18:27:24 +0000

Homestead exemptions remove part of your home’s value from taxation. If you want to receive a homestead exemption for the taxes on your home, the home must first qualify as a residence homestead on January 1 of the year in which you are applying.

There are two requirements:
1. You must own your home on January 1. (If you are over 65,and/or
disabled the January 1 ownership and residency are not required.)
2. You must use the home as your principal residence on January 1.

A state law that took effect on September 1, 2011 has changed proof of residency requirements for homeowners applying for the property tax homestead exemption.
(CLICK HERE) to download more information.

Homestead Exemptions are due by April 30th
(CLICK HERE) for a list of appraisal districts.

(CLICK HERE) to download application for “Residence Homestead Exemption Application Form“.
Ryan Kucera
http://www.AustinRealEstateEye.com

512-589-7308

Come On Ride the Train – Austin Metro Rail set to be running on the weekends

Ryan Kucera — Mon, 05 Mar 2012 15:59:08 +0000

The Austin City Council will extend MetroRail Red Line service on Friday and Saturday nights beginning March 23 after winning approval from the Austin City Council.

The city of Austin will pay for the service up from on a quarterly basis and Capital Metro will reimburse the city.

Friday service runs to the Leander station while Saturday service begins and ends at the station in Lakeline.
If you live near a stop this will be the perfect way to get down to events like this last weekends Zilker Kite festival. Ryan Kucera

Austin Parks Foundation: It’s My Park Day Third Year for Austin Real Estate Eye

Ryan Kucera — Sat, 18 Feb 2012 17:06:23 +0000

Mark Your Calendars-Austin Parks Foundation: It’s My Park Day

Austin’s Citywide Park Service Day: March 3, 2012

Austin Real Estate Eye Will Partisipate in It’s My Park Day: Austin’s Citywide Park Service Day: March 3, 2012

Volunteer Registration Now Open: Find a Project Here

Sign up to host a park project here!

Meet your neighbors and help out at a park near you!

In 2012, It’s My Park Day will take place on Saturday, March 3rd 2012 from 9 am to 1 pm

It’s My Park Day is an annual community service day focused on improvements to Austin’s park. Individuals and community groups lead projects ranging from simple cleaning and repair to trail building and playground installation.

It’s My Park Day 2011 Summary Report

This list summarizes project leader survey responses and accomplishments

Accomplishments:

2,000 volunteers attended 72 projects and contributed more than 7,200 hours of service
Power washed playground equipment and returned pea-gravel to the play areas
Collected vast quantities of trash.
Repaired trails to reduce erosion and improve accessibility. Completed check dams, cedar steps, and other technical trail improvement projects. Pruned trees trailside.
Spread hundreds of cubic yards of mulch on trails, off leash areas, and around trees. Used Dillo Dirt on planting beds and on reseeded grassy areas
Created rain gardens, butterfly gardens, and cactus beds to enhance native habitat. Hundreds of one to three gallon plants were installed. Weeded, trimmed and enhanced existing planting beds.
Picked up dog waste in off leash areas
Painted bathrooms and other structures
Spread crushed granite along walkways
Created windrows to control erosion along steep hillsides
Removed invasive trees and plants to enhance biodiversity
Refurbished volleyball courts
Met and shared ideas with PARD representatives and Austin Parks Foundation
Stripped, sanded and re-painted picnic tables. Removed or painted over graffiti
Repainted sport court lines
Planted wildflower seeds
Repaired fences and built 40 feet of split-rail fencing
Cleaned water fountains, pools, archways
Power washed waxed and polished Stevie Ray Vaughan
Installed concrete pads for future benches
Installed new Mutt Mitt stands
Enjoyed meeting neighbors and getting to know each other for the first time by working side-by-side. Held community building discussions and brainstormed future projects with neighbors and scouts.
Collected native plant seeds and assisted city staff biologists with water plant relocation
Planted more than 300 trees

Thank you to all It’s My Park Day sponsors for your generous support of Austin’s parks, and most of all to all the people who volunteered their time to help keep Austin’s parks beautiful, useable, and green!

Today’s Newest Austin Single Family Homes
Balcones and Spicewood Estates Neighborhood
Great Hills Neighborhood, Austin, TX
Today’s Newest Austin Condos
Mortgage Rates and Austin, TX

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Austin, TX Area Real Estate Market Stats January 2012 (Entire MLS)

Ryan Kucera — Sat, 18 Feb 2012 16:55:45 +0000

ACTRIS

Austin, TX Area Real Estate Market Stats (Entire MLS)

Ryan Kucera

January 2012

ryan@austinrealestateeye.com

Price Range Analysis
	# Units Sold	DOM	% of Market
$1 – $29,999	9	80	0.8%
$30,000 – $39,999	10	122	0.9%
$40,000 – $49,999	23	50	2.0%
$50,000 – $59,999	17	56	1.5%
$60,000 – $69,999	23	62	2.0%
$70,000 – $79,999	29	82	2.6%
$80,000 – $89,999	36	68	3.2%
$90,000 – $99,999	34	60	3.0%
$100,000 – $119,999	89	81	7.8%
$120,000 – $139,999	109	81	9.6%
$140,000 – $159,999	120	84	10.6%
$160,000 – $179,999	91	71	8.0%
$180,000 – $199,999	74	91	6.5%
$200,000 – $249,999	154	89	13.6%
$250,000 – $299,999	85	89	7.5%
$300,000 – $399,999	102	90	9.0%
$400,000 – $499,999	64	97	5.6%
$500,000 – $549,999	16	89	1.4%
$550,000 – $599,999	10	17	0.9%
$600,000 – $699,999	12	75	1.1%
$700,000 – $799,999	11	77	1.0%
$800,000 – $899,999	7	161	0.6%
$900,000 – $999,999
$1,000,000 – $1,499,999	7	164	0.6%
$1,500,000 – and over	2	63	0.2%

Units Sold – Month to Month Comparisons
	2012	2011	2010	% Chg
January	1,134	1,059		7.1%
December		1,713	1,572	9.0%
November		1,493	1,340	11.4%
October		1,601	1,347	18.9%
September		1,822	1,424	27.9%
August		2,226	1,687	32.0%
July		2,182	1,653	32.0%
June		2,355	2,211	6.5%
May		2,081	2,307	-9.8%
April		1,859	2,252	-17.5%
March		1,780	2,011	-11.5%
February		1,224	1,264	-3.2%

Year-on-year Statistics
	Jan-12	Jan-11	% Chg
# Sold	1,134	1,059	7.1%
# For Sale (Last Day of Month)	7,919	10,289	-23.0%
Median Price (Sold)	$174,500	$184,500	-5.4%
Median Price (For Sale)	$224,000	$199,900	12.1%
Price per Sq Ft	$111	$113	-1.8%
Sold Price to Original Price	92%	91%	1.3%
Average DOM	83	88	-5.7%
Months Supply	7.0	9.7	-28.1%

Copyright 2012 by ACTRIS. Any dissemination or reproduction
of this information in violation of copyright laws is strictly prohibited.
While believed to be accurate, ACTRIS does not guarantee its accuracy.

Data contained herein may not reflect all real estate activity in the
ACTRIS market.
Reports provided courtesy of Keller Williams Realty Inc. and Terradatum.

This report was generated Sat Feb 18 08:25:21 PST
2012.

The Multiple Listing Service (MLS) will report by the Austin Board of REALTORS®, single-family home sales in January 2012 outpaced the same month of the prior year for the eighth straight month, and year-end figures show momentum in Austin real estate heading into 2012.

Today’s Newest Austin Single Family Homes
Balcones and Spicewood Estates Neighborhood
Great Hills Neighborhood, Austin, TX
Today’s Newest Austin Condos
Mortgage Rates and Austin, TX

Search Austin Real Estate Eye | Austin Home Search

Search Properties By:

COUNTY/CITY | ADDRESS/ZIP | Austin MLS AREA | Austin SCHOOL DISTRICT |Austin SUBDIVISION

Austin, TX Clean Sweep 2012 Scheduled for April 14th!

Ryan Kucera — Thu, 09 Feb 2012 21:08:52 +0000

Mark Your Calendars-Austin, TX Clean Sweep 2012 Scheduled for April 14th!

When: Saturday, April 14, 2012
9:00 A.M. – 11:00 A.M. Cleanup
11:30 A.M. – 1:30 P.M. Volunteer Party

Where: Cleanup Event-All over Austin
Volunteer Party- Fiesta Gardens, 2100 Jesse E. Segovia St.

Start 2012 off right by registering a project to be a part of KAB’s 27th Annual Clean Sweep! This is the perfect opportunity to clean your neighborhood, school, or local creek. It’s SO EASY – register your project and KAB will provide cleanup supplies, trash collection, and help recruit and register all the extra volunteers you need.

www.KeepAustinBeautiful.org/CleanSweep

KAB is looking to raise the bar of Clean Sweep 2012. You directly impact the community in a positive way. In 2011, Clean Sweep boasted over 5,285 volunteers participating in 113 cleanups in 31 zip codes to remove 25 tons of trash!

Austin, TX Area Real Estate Market Stats December 2011 (Entire MLS)

Ryan Kucera — Thu, 02 Feb 2012 01:33:17 +0000

Austin, TX Area Real Estate Market Stats December 2011 (Entire MLS)


ACTRISAustin, TX Area Real Estate Market Stats (Entire MLS)	Ryan Kucera

December 2011

ryan@austinrealestateeye.com

Price Range Analysis

	# Units Sold	DOM	% of Market
$1 – $29,999	9	75	0.5%
$30,000 – $39,999	13	44	0.8%
$40,000 – $49,999	24	87	1.5%
$50,000 – $59,999	29	72	1.8%
$60,000 – $69,999	22	81	1.3%
$70,000 – $79,999	26	64	1.6%
$80,000 – $89,999	55	67	3.4%
$90,000 – $99,999	47	89	2.9%
$100,000 – $119,999	112	77	6.8%
$120,000 – $139,999	170	71	10.4%
$140,000 – $159,999	146	80	8.9%
$160,000 – $179,999	126	83	7.7%
$180,000 – $199,999	123	84	7.5%
$200,000 – $249,999	212	92	12.9%
$250,000 – $299,999	148	81	9.0%
$300,000 – $399,999	155	84	9.5%
$400,000 – $499,999	91	87	5.6%
$500,000 – $549,999	21	92	1.3%
$550,000 – $599,999	25	86	1.5%
$600,000 – $699,999	30	124	1.8%
$700,000 – $799,999	19	99	1.2%
$800,000 – $899,999	9	132	0.5%
$900,000 – $999,999	8	85	0.5%
$1,000,000 – $1,499,999	15	165	0.9%
$1,500,000 – and over	3	225	0.2%

Units Sold – Month to Month Comparisons

	2011	2010	% Chg
December	1,638	1,572	4.2%
November	1,476	1,340	10.1%
October	1,594	1,347	18.3%
September	1,819	1,424	27.7%
August	2,225	1,687	31.9%
July	2,182	1,653	32.0%
June	2,355	2,211	6.5%
May	2,081	2,307	-9.8%
April	1,859	2,252	-17.5%
March	1,780	2,011	-11.5%
February	1,224	1,264	-3.2%
January	1,059	993	6.6%

Year-on-year Statistics

	Dec-11	Dec-10	% Chg
# Sold	1,638	1,572	4.2%
# For Sale (Last Day of Month)	8,064	10,561	-23.6%
Median Price (Sold)	$185,600	$189,000	-1.8%
Median Price (For Sale)	$219,990	$199,999	10.0%
Price per Sq Ft	$115	$114	0.9%
Sold Price to Original Price	92%	90%	1.9%
Average DOM	84	92	-8.7%
Months Supply	4.9	6.7	-26.7%

Copyright 2011 by ACTRIS. Any dissemination or reproduction
of this information in violation of copyright laws is strictly prohibited.
While believed to be accurate, ACTRIS does not guarantee its accuracy.

Data contained herein may not reflect all real estate activity in the
ACTRIS market.

Reports provided courtesy of Keller Williams Realty Inc. and Terradatum.

This report was generated Wed Jan 11 09:48:06 PST
2012.

The Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, single-family home sales in December 2011 outpaced the same month of the prior year for the seventh straight month, and year-end figures show momentum in Austin real estate heading into 2012.

Today’s Newest Austin Single Family Homes
Balcones and Spicewood Estates Neighborhood
Great Hills Neighborhood, Austin, TX
Today’s Newest Austin Condos
Mortgage Rates and Austin, TX

Search Austin Real Estate Eye | Austin Home Search

Search Properties By:

COUNTY/CITY | ADDRESS/ZIP | Austin MLS AREA | Austin SCHOOL DISTRICT |Austin SUBDIVISION

AUSTIN MULTIFAMILY OUTLOOK: EMPLOYMENT HIGH, VACANCIES LOW

Ryan Kucera — Thu, 02 Feb 2012 01:24:47 +0000

AUSTIN MULTIFAMILY OUTLOOK: EMPLOYMENT HIGH, VACANCIES LOW

AUSTIN (Marcus & Millichap) – Expect widespread job growth in Austin to bring apartment vacancy to its lowest level in more than a decade, says Marcus & Millichap in its 2012 multifamily market forecast.

According to the report, "The professional and business services sector will be the primary generator of top-tier apartment demand as relocating and growing firms add to payrolls. Several major tech companies have already announced expansion plans, offsetting losses in the public sector."

Among those is Rackspace, which Marcus & Millichap said plans to triple its local workforce over the next few years, supporting Class-A operations.

Meanwhile, "Class B- and -C apartments will benefit from job growth in the typically lower-paying leisure and hospitality and trade, transportation and utilities sectors, which will add 6,000 jobs. As operations improve, developers will begin moving projects through the planning stages to capture elevated demand."

Among the firm’s other projections for the year:

Local employment will expand by 3.8 percent, an increase of 30,000 positions. Last year, job growth reached 3 percent, or 23,000 jobs.
Apartment construction will pick up, as 3,000 units are slated for delivery. In addition, approximately 21,000 units are in some stage of the planning pipeline.
Apartment vacancy will drop 70 basis points in 2012 to 4.3 percent, slowing down from the 200-basis-point plunge reported last year.
Average asking rents will rise 4.1 percent to $927 per month while effective rents gain 6.2 percent to reach $868 per month.
As operations strengthen, buyers will begin their search for Class-B assets near the University of Texas and major employers in Northwest and Southwest Austin.

Austin, Texas Home Sales Up 11%

Ryan Kucera — Thu, 02 Feb 2012 01:23:33 +0000

Austin, TEXAS EXISTING HOME SALES UP 11 PERCENT

COLLEGE STATION (Real Estate Center) – Sales of existing single-family Texas homes in December were up 4 percent from a year ago, according to the most recent Multiple Listing Services (MLS) data compiled by the Real Estate Center at Texas A&M University.

More than 16,500 homes were sold, data showed. The median home price was $150,700, about the same as a year ago, and the state’s overall inventory was at six months.

December 2011 MLS data for many Texas cities are available on the Center’s website. Here is a sampling (data current as of Jan. 30, 2012):

Sales	Change from Last Year	Median Price	Change from Last Year	Months’ Inventory
Austin	1,738	up 11%	$188,200	down 2%	4.2
Beaumont	151	up 2%	$114,000	down 14%	11.1
Brownsville	39	down 33%	$86,800	down 22%	12.4
Dallas	3,315	up 3%	$162,800	up 1%	4.7
El Paso	420	down 9%	$97,900	down 27%	7
Fort Worth	645	up 5%	$112,500	down 6%	5.2
Houston	5,048	up 7%	$160,400	up 2%	5.9
Midland	134	up 17%	$184,000	down 1%	3.3
San Antonio	1,393	up 3%	$148,400	down 6%	6.6
Sherman- Denison	84	up 22%	$96,700	up 3%	8.8
Temple- Belton	115	up 4%	$120,700	down 13%	7.9
Tyler	198	down 5%	$130,800	up 1%	11.4
Victoria	74	up 37%	$131,100	down 2%	3.8
Waco	153	up 2%	$116,200	down 1%	9
Wichita Falls	81	down 31%	$102,300	down 9%	7.6
Texas	16,505	up 4%	$150,700	no change	6