Housing’s Role in Fixing the Economy

Finally someone who will be heard has spoken. Real estate in the US replaced steel as a leading industry decades ago. Housing affects landowners to developers to plumbers, electricians, roofers, and everyone in between even down to the lawn sprinkler installer and the pool maintenance guy. Clinton, as an unlikely bedfellow, is making a sound observation that demands serious action by Congress. Until housing and real estate bounce back, our economy will continue to be flat, and consumers will continue to be short-changed by the large mortgage lending institutions that hold the pursestrings.

Clinton: Housing is key to fixing nation’s economy as published in The Boston Globe

Above’s article featured Bill Clinton’s opinion about what it will take to get this economy going. I invite and challenge all real estate professionals on LinkedIn and Facebook and beyond to also post their support of President Clinton’s ideas. As an industry, perhaps our support of such a far-reaching solution will make a difference to our Congress as it surely will to this Nation. God Bless America!

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Save Your Biggest Investment…….

Dephanie's Tip of the Day:

 

There are so many distractions in our lives today:  this inordinate heat, threatening brownouts, potential water shortages, getting the kids ready for the new school year, the economy!  You get the idea:  the list goes on and on.  The biggest single investment you have made is in dire need of a little of your attention right now as well.  A simple, on-the-schedule, not-to-forget daily watering of the perimeter of your home will go a long way toward actually saving your number one investment and keeping it from the ravages of foundation shift.  Austin has it's typical foundation issues in many neighborhoods.  This impending threat, however, is widespread.   Read more and don't forget to mark your calendar……

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Austin Economy Keeps Outperforming…..

Dephanie's Tip of the Day:

 

Mark Sprague says it plain and simple:  Austin is outperforming other economies in the nation!  This is certainly great news that should encourage local businesses to expand and hire more employees.  This article was soundly supported by yesterday's Stewart Title-sponsored Ted Jones talk at the Norris Conference Center.  I attended the residential morning session.  The afternoon session was focused on the commercial market in Austin and Central Texas.  We are surely blessed even in this inordinant heat and drought that we, as a business economy, are soaring heads above others.  Read more…. 

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Drought Reality and your Foundation in Austin and Central Texas

Dephanie's Tip of the Day:                  

In April, it was posed that this summer could prove to be as dry as climatologists were predicting.  Today, here we are, in August, living the forecast with over 60 days of consistent 3-digit temps and no rain in sight.  If there is anything we Central Texans respect and revere, it's our annual rainfall.  When we are blessed with rain, we all rejoice:  our yards, our trees and landscaping, our pets, the birds that grace our property right down to the bugs and crawly-things. Life is good! When we are deprived of rain, we are really deprived:  our lakes and main form of recreation are depleted, our beautiful yards and plants die, and the fish, birds, and crawly-things fight to survive.  In addition to these organic consequences, there is another very expensive price to pay:  the shifting of our home foundations.  This huge problem will remain a significant issue and be very costly to correct in the long term if we don't pay attention today.  Addie Broyles of the AUSTIN-STATESMAN staff addressed the issue in April.  Here are the tips to maintain your most costly investment's value.

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Your New Kitchen….

Dephanie's Tip of the Day:   

Investing in your home is important for anyone considering making a change because of a job transfer or the need to move up to a larger home to accommodate a growing family.  A good assessment of upgrades or a fix-up to sell is not complete without taking a hard look at the existing kitchen and bathrooms.  In today’s real estate market, kitchens and bathrooms sell homes.  Recently, Consumer Reports published “Your New Kitchen”  with a comprehensive look at any homeowner’s options.  The article is replete with ideas and benefits from the right decisions when it comes to assessing the basics of kitchen remodel.    Buyers are picky.  They want to move in, unpack their bags, and start enjoying Austin.    Updated kitchens and baths mean sellers "get it!"

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The River Wild……

Dephanie's Tip of the Day:   Understanding a housing market that is in continuous flux and is ever-changing is the topic.  A recent article published by Mark G. Dotzour in Tierra Grande, the journal of the Real Estate Center at Texas A&M University, points  out the natural ebb and flow of the market and the conditions that affect it.  “Home sales dry up under some circumstances and reach flood stage under others.”   My intent is to educate buyers and sellers because buying a home is the most important investment you will ever make!

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Keep Your Trees Alive….

Dephanie's Tip for the Day:  The prolonged drought we are experiencing in Austin and Central Texas is not only hard on us in our efforts to stay hydrated, but it’s hard on our trees.  There have been several articles lately that point out consequences and solutions.  Most recently, the Austin Statesman published “Keep Your Trees Alive in These Hot Times” with helpful tips from arborist Don Gardner and horticulturist Daphne Richards of the Texas AgriLife Extension Service.   In order for our trees to be healty next year, we need to insure they are healty now — so enjoy the article and take it to heart!

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