Compromise Reached for Downtown Parking Meters

Austin City Council Members revisited the issue of downtown parking at their meeting on Thursday, August 18, 2011. In March 2011, the Council originally opted to extend downtown parking meter hours until midnight, Monday through Saturday, but Council scaled back those provisions last week.

Under the compromise, downtown parking meter hours will be extended until 6:00 p.m. on Monday, Tuesday, and Wednesday. Parking meter hours for Thursday, Friday, and Saturday will be extended until midnight. Sundays will remain free. The boundaries for downtown parking will remain the same as in the original proposal: Lady Bird Lake to the south, Tenth Street to the north, I-35 to the east, and Lamar Boulevard to the west.

The new parking meter hours will go into effect on Tuesday, September 6, 2011.

Rebates, Rebates, and More Rebates in Austin!

Here’s information on the MOST COMMON question I’m getting this spring…
Now is a GREAT time for home updates if you live in Austin (I recommend Corias Homes, Inc. if you need help, Debi 512-848-3127/deborah@coriashomes.com).  There are check-in-the-mail rebates available for qualifying homes in Austin and additional rebates were just rolled out:

NEW: Texas Powerful Smart, http://www.texaspowerfulsmart.org/
Details: Reserve your rebate now online, then shop April 16-25 to be eligible for:
•  $240 on an Energy Star–rated refrigerator;
• $180 on a freezer;
• $110 or $140 on a dishwasher;
• $600, $800 or $1,000 on a central air conditioner;
• $1,200 to $1,600 on an air-source heat pump;
• $190 to $640 on a hot water heater; or
• $45 on a room air conditioner.

Austin WaterWise, http://www.ci.austin.tx.us/watercon/default.htm
• $200 for replacing your pre-1996 toilet; *
• $150 for replacing your old clothes washer; *
• $30 for installing a rain-barrel;
• up to $500 for rainwater harvesting equipment;
• up to $375 for irrigation equipment;
• $100 for a pressure reduction valve.

Texas Gas Service, Conservation Program
• $300 per tankless water heater; *
• $40 for a high-efficiency water heater;
• Up to $300 Attic Insulation rebate;
• $.08/sqft for duct sealing;
• $125 for each Hydronic heater;
• $75 for a new furnace;
• $65 for a gas furnace tune-up.

There is also an off-your-taxes Federal rebate of 30% of the cost of certain energy-efficiency upgrades to your principle residence (up to $1500) for things like insulation, HVAC, windows & doors, water heaters, and roofing (read more here: http://www.energystar.gov/index.cfm?c=tax_credits.tx_index).

Happy rebating!

* Indicates that we know this one works through personal experience or from Corias Homes, Inc..

Time Magazine: Austin is where the jobs are

From Time Magazine…

Later this year, a marketing manager will sit down for his first day of work at HomeAway, a company that helps people rent their vacation homes online. In the firm’s sleek Austin, Texas, headquarters, a glass-wrapped building decorated with travel souvenirs, the marketer will flip on his computer and do his job — a job no one has done before. This, you see, will be a brand-new job, one of the most coveted commodities of economic recovery.

How this job will come to exist is at the heart of the most pressing problem in the economy today. Since the start of the recession in December 2007, the U.S. has shed 8.4 million more jobs than it has gained. The unemployment rate hovers near 10%, and broader measures of labor-market woes that include underutilized workers are as high as 16.8%. Go down the nation’s list of economic problems — from mortgage defaults to state-budget shortfalls — and joblessness lurks in the background.

Click here to read more >>

Don’t mess with Texas: More Americans moving in

From CNN Money

NEW YORK (CNNMoney.com) — Americans, it seems, still have a love affair with the West. Texas and Wyoming were the big winners in the Census Bureau’s annual population estimates, which were released on Wednesday.

In the year ended July 1, Texas added more people than any other state, and Wyoming had the highest growth rate in the nation.

The population of the United States has grown more than 9% to 307,006,550 since the 2000 census. The population grew 0.86% since last year’s estimates.

Just three states shrank during the year. Michigan’s population fell by 0.33%, Maine dropped 0.11%, and Rhode Island lost 0.03%.

Other Sun Belt states have fared much better. Texas, for example, never went through the boom-and-bust housing cycle that devastated the Sand States. Home prices remained affordable, and the state’s unemployment rate was 8% in October, a full two percentage points below the national average.

So, it’s no surprise that Texas added more than 3.9 million residents during the 2000s. Its population also grew by the greatest number of people (478,000) during the 12 months ended July 1.

Click to read more

Make Your Valentine’s Day Reservations Before It’s Too Late

Valentine’s Day is only 4 Sundays away.  Have you picked out a special spot in Austin to spend it with your special someone?  Here are some suggestions from one of my title partners, Texas American Title.  And have a great Valentine’s Day!

PS – Don’t forget to check Restaurant.com for discounts!

Coldest Temperatures in Years Expected in Austin

Coldest Temperatures in Years Expected

Winter Home Protection Tips

  • Bursting pipes occur when frozen water causes a pressure buildup between the ice blockage and the closed faucet. Pipes in attics, crawl spaces and outside walls are particularly vulnerable to extreme cold. To keep water in your pipes from freezing:
  • Fit exposed pipes with insulation sleeves or wrapping to slow heat transfer.
  • Seal cracks and holes in outside walls and foundations near water pipes with caulking.
  • Keep cabinet doors open to allow warm air to circulate around pipes.
  • Keep a slow trickle of water flowing through faucets connected to pipes that run through an unheated or unprotected space.

Source: Institute for Business and Home Safety. IBHS is a national nonprofit initiative of the insurance industry to reduce deaths, injuries, property damage, economic losses and human suffering caused by natural disasters.

Cold Front Brings Temps in Teens by Thurs Night

Source KXAN.com  - Published : Tuesday, 05 Jan 2010, 11:18 PM CST
Jim Spencer

AUSTIN (KXAN) – The coldest air of the winter season is now flowing from Canada into the northern Rockies, and will quickly plunge into Texas Wednesday evening. The arctic cold front is expected to arrive in Central Texas during the early morning hours Thursday.

Temperatures will drop quickly below freezing, and in some local areas, may not warm above 32 degrees again until Saturday.

At Camp Mabry, temperatures colder than 23 degrees have not been recorded since February 5, 1996, however, readings in the low 20s will be possible in Austin Friday and Saturday mornings.

The last time the temperature at Austin Bergstrom International Airport dropped below 18 degrees was nearly eight years ago, on March 5, 2002. The forecast low at ABIA Saturday morning is 16 degrees.

Gusty north winds behind the front will produce wind chill readings of 10-20 degrees during the day Thursday. By evening, wind chill readings of zero to 10 degrees above zero will be possible in the Hill Country.

Early Friday and Saturday mornings, temperatures as cold as 18-22 degrees are expected in and near Austin, with readings in the teens in the Hill Country and other rural areas. Temperatures as cold as the single digits will be possible in the coldest valleys in the Hill Country early Saturday.

The National Weather Service is advising area residents to make preparations for the coming cold wave. A hard freeze can cause damage to exposed water pipes and kill sensitive vegetation. Pets and livestock will be stressed by this arctic outbreak, and should be provided protection.

Where Austin Ranked in 2009

All Stacked up ~ Where Austin Ranked in 2009
Austin Monthly published an article in their current issue that I wanted to share with you about where Austin ranked in the news over the past year.  What an amazing city we live in!

No. 1 – US city for job growth (U.S. Bureau of Labor Statistics)

No. 1 – Big city to find a job (Forbes)

No. 1 – Bargain City (Forbes)

No. 1 – Place to get a swim workout (Men’s Health)

No. 1 – Fastest growing metro area in the U.S. {tied with Raleigh} (U.S. Census Bureau)

No. 1 – Budget travel destination in the U.S. (Budget Travel Magazine)

No. 2 – Healthiest housing market (Builder Magazine)

No. 2 – Strongest metro economy in the nation (BusinessWeek)

No. 2 – Mid-size city to attend college (American Institute for Economic Research)

No. 3 – Top-performing North American airport: Austin-Bergstrom (Airports Council International)

No. 3 – Strongest metro economy (Brookings Institution)

No. 5 – Most educated city (U.S. Census Bureau)

No. 5 – City where young people will flock in the recovering economy (Wall Street Journal)

No. 6 – Best walking city (American Podiatric Medical Association)

No. 7 – Top tech center in America (American Cities Business Journal)

No. 8 – Best city in the country to live, work and play (Kiplinger)

No. 8 – Best place for business (Forbes)

No. 8 – City to launch a small business (Fortune)

No. 8 – Best place to live in the U. S. (MSNBC.COM)

No. 9 – Fittest city (American College of Sports Medicine’s American Fitness Index)

No. 10 – City for moviemakers (Moviemaker Magazine)

No. 11 – Best city for singles (Forbes)

No. 12 – Smartest city in the nation (The Daily Beast)

No. 14 – Coolest North American City (MSN Travel)

No. 15 – Art destination in the country (Americanstyle Magazine)

No. 17 – Fittest City (Men’s Fitness)

No. 18 – Best business school: UT’s McCombs Business School (U.S. News & World Report)

No. 19 – Most dangerous metropolitan city for pedestrians (Transportation for America)

Austin Ban on Texting While Driving Now In Effect

Don’t get busted with a DWT (Driving While Texting). A texting while driving ban is now in effect in Austin. Reports are showing that driving while texting is at least as dangerous as driving while drunk/intoxicated. The ban includes texting, tweeting, emailing, and internet surfing as well. If you get caught, it could cost you $500.

This legislation comes after months of debating at City Hall and a study on Cesar Chavez Street where 10 drivers in a 15-minute period were seen typing on smart pones.  18 states plus the District of Columbia already have a ban in place, Austin is the first city in Texas to adopt a ban.

Exceptions to the ban include when at a stoplight, using a phone’s navigation system, and in the event of an emergency.

uk_texting_jail

Be safe!

You can help catch a Christmas thief!

Sometime between late Christmas Eve and mid-day Boxing Day, our garden was pillaged for souvenirs.  The garden is well known in Austin’s gardening circles… it is the creation of KLRU’s “Central Texas Gardener” host, Tom Spencer, as well as the site of his former home.  Items that were taken were garden-related, likely taken by someone with knowledge of the garden, while other items were left undisturbed.

If you know of anyone who has recently acquired these items, a reward is being offered for information leading to the safe return of the stolen goods.  Please call 512/771-1776 or email aria@kilpatrick.org.

And thank you to Renee Studabaker (@reneesroots) of the Statesman’s Renee’s Roots blog for the post to get the word out about this crime.  You can also find out more at Tom’s website.

Can you earn the reward by helping to locate the stolen items?
Some of the missing items are pictured below…

Stolen bench... do you know someone who recently aquired a set of these?

Stolen bench... do you know someone who recently aquired a set of these?

2009March26Soledad

Stolen mirror garden globe.

6899295_f01_14

The stolen blue-glazed terra-cotta garden mobile once hung at the edge of the corvered porch.

Two heavy metal planters were stolen in addition to the mirror garden globe.

Two heavy metal planters were stolen in addition to the mirror globe.

A closer view of the patio mobile.

A closer view of the patio mobile.

More on the garden:

Fox 7 picked up the story, of course the home is not Hyde Park as they said, but I appreciate their help in getting the word out.

How Not to Make An Offer In Today’s Market

SSRadio_-_crying_girlThe market is surely not what is used to be despite Austin’s general resilience to national economic turbulence.  Buyers are out for amazing deals and expecting sellers to give the world.  A deal requires a happy medium from both buyer & seller.

The Anatomy of a Healthy Real Estate Transaction

  • 2 parties who are both getting what they need
  • 2 parties who can understand what the other is going through
  • realistic initial offer price & terms
  • reasonable earnest money
  • reasonable time frames for both parties

Step 1: Do you want this house or the best deal?
Why are you in the market?  Are you looking for the right house or the best deal?  I’m finding that those looking for only the best deal are coming up short in the end.  They’ve waited for the bottom of the market which is long gone, they’ve waited for rates to take yet another dive which they won’t, and now they’re left empty-handed.
• Don’t wait for something that isn’t there.  Don’t forget to look for a quality home that fits your needs even if it’s not the cheapest one out there.
Do get off the fence now if you are looking to move, but think about what you really want in a house and look for the best home for you, not the best deal on paper.

Step 2: You’ve found the house, but do you really want the best price?
Because barging in on an already stressed seller with a low offer puts them on the defense.
Make sure that your offer is based on good SOLD comparisons and be realistic.  Just being nice to a seller in a sea of negativity will get you a long way.  A defensive seller will come back with a higher counter-offer than a friendly one.  Your seller needs a reasonable price sell as well as reasonable terms (earnest money, perhaps a lease-back).  Threat your offer as a give & take; find out what is important to the seller based on their situation and find the medium with your needs.
Don’t base your offer on overpriced homes that haven’t sold, what the seller is making on the deal, what the seller’s loan amount is, or anything other than reasonable facts about the market and the property.
Do put yourself in your seller’s shoes & make a reasonable offer.  Who would you give a better deal to, a friend or a bully?  Be realistic, sellers are a potential partner to your transaction, not your enemy.

Step 3: Keep it together, or else!
Inspections can be the death of healthy transactions.  These days so can loans.  Keep up with the progress of repairs as well as your loan.  Excitement is natural, but keep it under check and out of your transaction.  Use your agent as your negotiator and make sure yours can keep a level head.  Again, be sure to put yourself in the seller’s shoes.  How would you really feel if a buyer asked for that?  How would you really feel if your loan delayed their sale (and in effect, your seller’s new purchase).
Don’t panic!  Calm heads find the best solutions and a creative idea may be needed.
Do prioritize safety issues rather than cosmetic ones for repairs and keep in mind the age of the home.  Make sure your lender is on track, they are likely overworked with refinances and tax incentive transactions.