Austin Real Estate Roundup: February 2015
Posted by Mary Ann Castro on
Stay connected with the latest Austin real estate news. See what's happening in Austin and stay ahead of the game in this increasingly competitive market. Courtesy of JBGoodwin REALTORS®. This month we feature stories on Austin rental rates, Hotel San Jose, and a high profile listing in The Domain.
Rents ease as thousands of new apartments come into Austin market
American Statesman
Austin renters may find some relief in 2015 when it comes to their monthly rents. Over 10,000 apartment units entered the Austin real estate market in 2014, and another 8,000 units are expected to be added in 2015. This translates into cheaper rents as supply catches up with the overwhelming demand for housing. In fact, Austin's occupancy rate was at 94 percent in the…
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Due to recent policy changes affecting government-backed loans which focus on the Federal Housing Administration (FHA) and secondary mortgage market giants Fannie Mae (The Federal National Mortgage Association) and Freddie Mac (The Federal Home Loan Mortgage Corporation), first-time home buyers could find it less costly to come up with a down payment or to afford private mortgage insurance (PMI). This is a result of the current administration lowering the premium that borrowers with an FHA-backed home loan must pay for mortgage insurance. This has been lowered from 1.35% to 0.85%. 
So you've decided to sell your home. Whether you've loved your home for years or looking to move up, your house will always need some sprucing up before it hits the market. Get your home sold more quickly, and for more money by avoiding these common home selling mistakes.
I read an article recently regarding our city's push to re-energize urban development in what is being referred to as the "Decade of Downtown." This is an effort by city leaders to try to bring people back to the epicenter of San Antonio. Helping to spur that push is the affordability factor of San Antonio's rental market.
The University of Texas at Austin has been a mainstay in the city for decades. One of the largest universities in the world, UT has over 50,000 students and employs over 24,000 faculty and staff.
11406 Powder Mill Trl, Austin
Designers are moving away from cottage inspired bathrooms and are opting for a more contemporary look in 2015. Expect an increase in popularity in zen-like bathrooms, which offer a spa-like retreat for homeowners. Think clean lines and minimalist design. Not sure where to begin? We pick our favorite bathroom trends for 2015 guaranteed to up your home's appeal.
Stay connected with the latest Austin real estate news. See what's happening in Austin and stay ahead of the game in this increasingly competitive market. Courtesy of JBGoodwin REALTORS®. This month we feature stories on millenial homebuyers, record setting sales in November and more.
It's that time again, Texas! The time of year when we celebrate the coming year with champagne, fireworks and funny hats. Where will you be when the ball drops at midnight? Here are our favorite picks for Austin New Year's Eve events this year.
One of the first things travelers notice when they visit the Lone Star State is the distinctive Texas accent spoken by locals. While it resembles other mid-west accents, the Texas twang is quite unique. It's a Southern accent with a twist, that often leaves visitors tongue-tied.