Skip to content

Fireworks! 2015 Where will YOU Go?

Has anybody else made plans for Independence day? Im sure hoping to get a little grilling time! Or maybe hit the Lakes and enjoy the rising water?

In case you were wondering what to do? Here is a list of places to go see FireWorks in Austin Tx.

Have a Safe Holiday weekend from the ErnieSellsAustin Team!

Fireworks 2015

Fireworks 2015

Avoid the 10 Deadly Mistakes -Buyers- MAke

10a-deadly-mistakes-buyers-makeii

10bmistakes

Housing trends for 2013

As times change, so do the trends. Our clients are becoming more focused on functional design, energy efficiency and incorporating the latest technology. Inclusive of these notions and a few more, here is a list of the hottest new home trends for 2013. 1. New Technology Ground-breaking technology, like the Nest Learning Thermostat, is becoming more and more important to homeowners, as it provides a whole new level of energy efficiency and fun functionality as well. Built by former Apple employees, it has the look and feel of an iPhone and can be controlled by your iPhone or iPad (as well as other smart phones). 2. Innovative Appliances The introduction of the induction cooktop serves as a viable alternative to the gas cooktop and is really the “future of residential cooking” (Chef Scotty Campbell, Executive Chef, Viking appliances). In addition to being a better appliance, it is much more energy efficient than having a flame source in the house…and safer for families. Further, the introduction of the steam oven serves as a viable alternative to the microwave and is a much healthier alternative. 3. Master Bath a Thing of the Past Clients are telling us they don’t use their master bathtub and are requesting only a shower in their master bath, resulting in the disappearance of the master tub. This surprising trend illuminates the fact that bathing is becoming less about soaking (for some) and more about getting in and getting out. Now, some of us still love our tubs. So, for those, we are leaving a flex space with plumbing ready to go behind the walls that can easily be converted to a tub space if the home is ever sold to someone who loves to soak. 4. Pet Space You will notice more extensive pet spaces with their own showers and living quarters (in the laundry room usually) along with their own outdoor spaces as well. Now, most clients are not going overboard with these. Spaces are small and usually just integrated into existing spaces; however, more thought is being given to incorporate pets as a part of our families…because they are! 5. Command Center Command centers (a place to charge all the devices) either in the Mud Room or Kitchen are becoming more and more important. We are encouraging clients to think through these important spaces to make sure they are out of sight but still located in a place where the devices won’t get forgotten as clients leave for the day. 6. Indoor/Outdoor Living This trend is not really that new but just continues to grow in popularity. It is a move towards combining indoor and outdoor living spaces with large doors that slide open or fold back. Especially in areas of the country with a nice climate, this allows for greater focus on the outdoor living area. 7. Eco Friendly Homes Eco-friendly homes with features like the tankless water heater, solar panels, improved insulation and green materials have become less eco-friendly and more the standard in new custom homes. Especially where the energy savings make the return on investment immediately apparent, many of these changes are being readily accepted and have become the new normal. 8. Quality Over Quantity There is a shift from large “big box” homes to more “jewel box” homes. Clients are becoming more interested in building a comfortable and cozy home that is truly livable with better technology and features, as opposed to unnecessarily large homes lacking in style or je ne sais quoi. FOR MORE INFORMATION ON YOUR NEW HOME CONTACT US AT 512-968-4663 Information by Jenkins custom homes.

Austin Real Estate its great time to sell.

As I get ready for my busy day, I am amazed by the turn around in our real estate market here in Austin Texas.
The numbers show that we are turning our market around.
From Austin to Cedar Park to Pflugerville ,Round Rock and all in beetween,homes are selling fast.
The inventory available to buyers is in short supply. Multiple offers are becoming a norm.
This April of 2012 was the 11th month in a row that we shown home sales increasing.
Compared to last year April that’s a 16% change. Furthermore in many areas we only have 4 months or less of inventory. Experts consider a 6 month supply to be balanced.

April’s overall housing numbers “suggest the recovery in Austin’s housing market continues to gain steam, said D’Ann Petersen, a business economist with the Federal Reserve Bank of Dallas who tracks the local housing market.

“Both existing home sales and pending home sales were up strongly compared to a year earlier, suggesting strong demand,” Petersen said. “Declining inventories also reflect the pickup in housing demand and should lead to price gains in areas with the tightest supply.”

Austin’s economy is outperforming the statewide average, with Texas being one of the best-performing states nationwide in job growth.

If you woul like an update on your market let us know

Ernie Hernandez
http://Www.austin-Cedarpark.com or http://www.erniesellsaustin.com

512-968-4663

Link

Signs of a recovering economy

Shrinking Inventory and Rising List Prices: Continuing Signs of a Recovering Housing Market

E-mailPrintPDF

WRITTEN BY DAVID TANDY | 21 MAY 2012

There are positive signs spanning the spectrum indicating a turning real estate market despite some weak spots across the country.

Just a few days ago, USA Today reported that the number of existing homes for sales had dropped 22 percent from a year ago and now totals just 2.37 million units.  This is down 41 percent from the peak reached in mid 2007. That said, the National Association of Realtors ® reported rising prices in 74 of the 146 markets they track in the first quarter of 2012 versus declines in 72 locales. Even more significant is the dramatic decline in some of the hardest hit markets:

  • March inventory in Phoenix declined 64 percent from a year ago according to Arizona State University real estate expert.
  • NAR reports very tight inventories in Phoenix, Orange County, California, Naples, Florida, Seattle, suburban Washington, DC and North Dakota (driven by the energy boom being experienced in that state).
  • While mortgage delinquency rates remain above average (with average being 2 percent), they dropped from 6.19 percent in Q4 2011 to 5.78 percent in Q1 2012 according to TransUnion  (based on a sample of 10 percent of US mortgage holders) and are down from a 7 percent peak in Q4 2009. Click here for article.
  • All-cash transactions in Q1 2012 made up 31 of all sales—and I doubt these people would be buying and paying cash if they thought property values would decline further
  • 22 percent of all buyers were investors
  • Condominium prices rose 3.4 percent when compared to Q1 2011
  • Q1 2012 existing home sales were up 5.3 percent from the same period in 2011 and are now running at annualized rate of 4.57 million
  • Total existing home sales in Q1 2012 were at the highest level since 2007
  • Move.com reports that many of the hardest hit markets are now among the top recovering markets

Original Article: http://www.gracytitle.com/blog/187-shrinking-inventory-and-rising-list-prices-continuing-signs-of-a-recovering-housing-market