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Austin Texas Real Estate Blog

Why You Should Consider Selling in the Winter

Selling In Winter Attracts Serious Buyers

The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities.

Selling in the winter can give you a few advantages. There will be fewer houses on the market since most people assume winter is a bad time to sell. This gives your home more attention. Potential buyers are always looking no matter the time of year. Keeping your house on the market in the winter might bring the right buyer to your door. Real estate agents also tend to be less busy during these months and commit more time to getting your home sold.

Studies have shown winter buyers are buying because they need to move right away either for a relocation or personal situation. They will want to close quickly and allow for a much smoother sale.

Bottom Line

If you need to sell your home right away, or have some time but want to see what is out there, consider listing in the winter. Most homeowners who are going to sell will list their home in the spring, making for a competitive market. The winter allows buyers who are in a hurry to move consider your home and sell for more money than you would have in the spring.

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Is Getting a Home Mortgage Still Too Difficult?

Is Getting a Home Mortgage Still Too Difficult?

Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage. Credit availability is expanding, making it easier to get a mortgage now than it was a year ago. The market is still tight however, and homebuyers should be prepared to shop around until they find a lender who is offering something that will meet the needs of their family.

Mortgage lending companies have high standards so it is important to make sure you and anyone else who will be included on the mortgage have their credit in check. The mortgage market is strict because lenders do not want to be put in a situation where they are forced to repurchase loans that are not paid on. They also do not want to end up in a litigation situation due to loan issues.

What Has Happened to the Number of Mortgages?

Due to the strict nature and requirements of the lending companies, the number of mortgages given out has significantly dropped. A report by the Housing Financial Policy Center at the Urban Institute showed that about 6.3 million fewer mortgages were given out between 2009 and 2015. The reasons behind this statistic are strict regulations and policies. These mortgages would have been granted if the lending standards where more reasonable.

Mortgage companies rely on calculations to determine if a home buyer will become delinquent on their payment. They will not give you a loan if you are too much of a risk for them. Credit history has a huge impact on this decision since lenders can see how often you pay back your debts. The history they receive is extensive. This view into your financial past causes...

Common Things to Look Out for Before Buying Your Dream Home

Common Things to Look Out for Before Buying Your Dream Home

It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market.

It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home.

1. Why am I Buying a Home?

Regardless of the finances, it is important to think about what made you want to buy a home in the first place. Usually the reasons don’t have to do with money. Instead, home buyers are focused on how the house will impact their family in the future. A study done by the Joint Center for House Studies at Harvard found there are four reasons people buy a home. Those reasons include schools for your children, a safe environment, more room for your family to grow, and control of your own space.

These factors are the most common reasons people look to buy a new home. When you ask yourself why you are looking to purchase a home, do any of those factors come up? Spend time with your spouse or family members who are involved in this decision and determine why you want a home in the first place. Creating this list will help when searching for a home and can help your real estate agent find the best home for your needs.

2. What is the Trend with Home Values?

Our current economy...

Will Increasing Mortgage Rates Impact Home Prices?

Will Increasing Mortgage Rates Impact Home Prices?

There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case.

This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in better shape. As the economy succeeds, incomes rise, rates go up, as well as the price of the home.

A recent study by the John Burns Real Estate Consulting found mortgage rates have very little impact on the cost of the home. The housing market and price increases are affected by things like job growth in the area and rising wages. Coincidentally, these same factors are causing the rise in the mortgage rates since people can afford to take out more.

Bottom Line

As the economy progresses and strengthens, mortgage rates and home prices will fluctuate. It is a misconception as rates increase, home prices will decrease. Advances in the economy have shown that rates and home prices are more likely to increase together.

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Summer Projects: Who you gonna call?

It’s a Friday morning in the beginning of August and you’re cleaning and prepping for a fun filled weekend with family and friends before the craziness of back-to-school and then it happens. You feel the temperature rise in every room; the air conditioning unit you trusted for the last few years has failed you. Now your well planned weekend has turned into a frantic search for a trusted AC repairman. Where do you start?
 
If you’ve already already started google searching, you’ll see hundreds of choices come up. Do you trust the iffy 4.2 star ratings or call everyone in your phone book in hope they’ve had an experience recently worth sharing?
 
The Gene Arant Team has helped over 100 families already this year with selling and buying their dream homes. With that and over 22 years of real estate experience in the Austin Area we’ve narrowed down the numerous vendors we’ve used into the list we’re sharing with you today. Whether it’s that pesky ac or you’re in need of a reliable lawn care specialist, we’ve used them all to help our families achieve their real estate goals.
 
If you want to make sure you’re...

Don’t Miss The Fireworks

As homes sales decreased due to lack of inventory across the nation, Austin has stayed in it’s own bubble and proven to have its own market trends. What those trends tell us is that the next 2-3 weeks will be critical if you’ve considered selling. Although we continue to see steady action throughout the year, sales tend to slow down compared to now, at the “height of the season”. Once the fireworks sound off for 4th of July, home sales tend to quiet down.

In your favor now: there’s a prime audience of buyers. With summer breaks and out of town visitors, people are actively shopping. That window of time dwindles as everyone gets back to reality.

What you’ll want to note with the market statistics below from June-August 2016 is the fluctuation in median price for single-family homes and pending sales. A decrease in pending sales between these months shows us the slowing down of buying action. When buyers aren’t shopping, there’s a chance you’ll be adjusting the price on your home in order for it to stand out.

June 2016 Market Report

July 2016 Market ReportAugust 2016 Market Report

If you’ve considered selling or purchasing a home in the Austin area, whether it be tomorrow...

Austin Cost of Living

Austin is a city that people are talking about. It has made its way to the top of most “Best Of” lists in the past few years. We are environmentally friendly, well educated, and have moved from “Texas capital and college town” to a city that boasts the best of many categories – including cost of living for a city our size.

According to PayScale and its Living Calculator, Austin is a city that you can come to build a career. We are quickly becoming associated as a city that has technology, healthcare and there is even rumor that a “mini-Hollywood” is being built here.

Austin's Technology Sector

Regarding the technology sector, Austin is home to, or has campuses for, Dell, Google, Hewlett-Packard, Apple, eBay, and Samsung. While the city boasts a low-cost of living, our median salary for IT professionals (and other professional sectors) is competitive.

National Average Comparison

Comparatively speaking, Austin’s cost of living is less than 3% of the national cost of living average. And since we are in real estate, and this blog is a real estate blog, we are immensely pleased to report that the Austin housing market is 15% less than the national average.  Other large and growing cities are well over the nation’s average housing cost. Why is that? Housing costs and mortgage rates vary regionally as well as city by city due to local mortgage rates. So if you are moving to Austin, feel free to contact us and we can put you in touch with some local mortgage bankers to determine the best rate for you.

As you can see from the chart below, overall, Austin ranges anywhere from 2% - 14% less than the national average cost, depending on the category you are comparing....

COACHING

KW & MAPS COACHING

MAPS Coaching is a key concept in Keller Williams Realty and a cornerstone in our cultural foundation. As the largest real estate franchise in the U.S., KW continues to grow worldwide. We believe that this growth is, in part, due to MAPS Coaching and all that it offers our agents. In fact, we are proud to say that the program is gaining ample recognition through external sources such as the Stevie Award for Sales Training & Coaching Program of the Year and was nominated for the PRISM Award for excellence in coaching. 

WHAT IS MAPS COACHING

MAPS Coaching offers real estate agents the opportunity to learn and grow their business through education and coaching. As a business owner, it is the chance to work with, speak to, and be mentored by other successful agents who have experience in the issues that we struggle with in our day-to-day business.

As an agent, there is a wide variety of opportunity from which to choose. Agents can receive private coaching sessions, attend conferences, meet in a mastermind class or participate in weekly group coaching sessions. Each program is designed for the maximum benefit and learning advancement of the individual participant. 

For a deeper level of understanding in a shorter period of time, KW offers the BOLD training program that is a seven-week course. The focus is to teach agents to create a “Life by Design, Not by Default.” This program is designed to challenge existing behaviors with new mindsets, expansive scripts and lead generation exercises.

HOW TO BECOME A COACH

KW agents who have experienced the rewards and benefits associated with the MAPS Coaching program, are encouraged to become a coach themselves. To do so, some of the pre-requisites include:

  • Successful completion of the BOLD program 4 or more times
  • At least 75 transaction closings a year – with a preferred 100 minimum
  • Recruiting at lease 250 agents, in which...

Jumbo Loan Example

Here is a numerical example, provided by Mark Smith of Home Caliber Loans, showing the benefits of a jumbo loan with a lower interest rate than a conventional loan with a higher rate.

Sales price:  $850,000

You have as much as $200,000 to put down* 

(Anytime an interest rate is quoted – an APR most also be provided.  I will have to give these to you separately.

Option 1:    Conventional loan only.

$417,000 1st mortgage loan using a conventional (non-jumbo) interest rate of 3.5% for a 30 year fixed-rate mortgage:

Downpayment:  $200,000

1st Mortgage payment:  $1,872 (Principal and interest only)

Maximum sales price:  $650,000

Benefit:  Conventional loan

Disadvantage: Purchasing power is limited.

Option 2: Blended Laon Concept

$417,000 1st mortgage loan using a conventional (non-jumbo) interest rate of 3.5%

Downpayment:   $200,0000

2nd mortgage for $233,000 at a 5.0% interest rate:

Principal and interest on the 1st mortgage:  $1,872

Principal and Interest on the 2nd mortgage:  $1,250

Total Principal and interest payments:    $3,122

Advantage:  20% down

Disadvantage – the blended loan concept has eroded overall purchasing power and increased cost of financing, plus it has complicated the transaction by adding a second level of underwriting, documentation, and created two loans that have to be repaid.

Option 3: Jumbo Loan

$650,000 1st mortgage (assuming 20% down) using a jumbo interest rate of 3.5%

Downpayment:  $200,000.

Principal...

Jumbo Loans

GET MORE FOR LESS

A jumbo mortgage is a loan that exceeds conventional conforming loan limits, typically in excess of $417,000. *  This number is a limit set by the government regulators, Fannie Mae (FNMA) and Freddie Mac (FHLMC). FNMA and FHLMC are the agencies that purchase the loans from mortgage lenders, thus freeing up funding for the lending agencies to lend more mortgages. Because FNMA and FHLMC do not cover the entire amount of the mortgage if above $417K, this loan type is known as a jumbo mortgage.

In the Past... 

Historically, jumbo loans were riskier investments for lenders because of the amount of money that was being tied up in a loan, the ability to liquidate expensive property quickly, and the vulnerability of the market. For the aforementioned reasons, jumbo loans carried higher interest rates than conventional loans, until recently.

Currently...

In recent years, jumbo rates have reached historic lows and at today’s rates, can be lower than conventional loans.  Since Fannie Mae and Freddie Mac do not back jumbo mortgages, there are no additional government regulation fees and the savings are being passed on to homebuyers. No longer does a jumbo loan rate predicate that homebuyers choose a conventional mortgage. In fact, some lending institutions are creating greater incentive for homeowners to get a jumbo loan. 

According to the Wall Street Journal, at six big US banks last year, 24% of the mortgages approved were jumbos. Why? Jumbo loan clientele are now considered to be more favorable for diversified lending portfolios. Borrowers of jumbo loans typically have higher credit scores, larger down payments and lower default rates. Once a borrower takes out a low-rate loan, they are often more open to other financial services offered by the lending institution. Additionally, according to MarketWatch statistics, the housing market rebounds more quickly in the upper end of home pricing – all reasons that lending institutions...

AustinTidbits2

There are so many great wonderful and wacky things that we love about Austin, it is hard to contain it to just one blog. So here are a few more reasons to love, visit or even live in Austin.

What's a COTA?

Wacky Reasons to love AustinWe have the COTA. That would be the Circuit of the Americas unidirectional grade 1 3.427-mile racing track. So us lucky Austinites don’t have to globetrot to see the Formula One Unites States Grand Prix or the Motorcycle Grand Prix or even the American Le Mans. Even if you are not a hardcore race fan, the events can be appreciated by all sorts of fans. In fact, the evening concerts have nationally known artists that range from Taylor Swift, Kidd Rock, Willie Nelson and Twenty-One Pilots. Trust us when we say that it really doesn’t get any cooler than that!

Why we love Austin

Our Capitol is Bigger than Yours...

We are a city well blended in many ways – even in politics. Are we mostly liberal or conservative? Well that depends on where you are from and your view of things. If you are from any other part of Texas then you will find us to be liberal. If you are from the west coast, we are probably more conservative than you are used to. Regardless of your political stance, there is one thing that no one disputes and that is that our state capitol buidling is the largest state capitaol building in the US.  I bet if you walk around down there, you will find someone in Austin that agrees with your political view. And you can also just choose to walk around and enjoy the beauty of the grounds. You have a perfect view of South Congress, you are close to UT campus or you can take a tour of...

Austin Tidbits

Burnet Road Austin

Austin Grown - Austin Known

Austin use to be the best kept secret in the country. Well word has gotten out and now Austin ranks top in just about every national poll and report. Yet we are going to let you in on a few things that you can only know if you live in Austin.

Austin Speaks

There are several words that are a tell-tale sign that you are not from Austin. You need to be able to speak and understand Austin dialect if you are going to be an Austinite, so let us help you translate:

  • Burnet Road is pronounce “BURN-it” not “Ber-NET” – make sure you place the accent on the first syllable
  • Gruene, TX – one of the oldest dancehalls and most charming towns you will ever want to visit - is pronounced “Gr-ee-n”
  • The Colorado River that runs through downtown is actually called “Lady Bird Lake” although if you have lived in Austin for a while, you will call it Town Lake
  • Manor is pronounced “MAY-ner”
  • Guadalupe Street, also known as the drag, is pronounced “Gwad-uh-LOOP,” so drop the “lupe” on the end
  • Pedernales has gained an “r” and lost an “r” (or maybe the “r” is just misplaced) and is pronounced “PUR-den-nal-ehz”
  • Manchaca Road is pronounced “Man-Chack”
  • Koenig Lane is pronounced “KAY-nig” Lane

Austin Grub

  • Midway360AustinThe best food really does come from a truck and we have several to choose from.
    Check out ...

Austin Senior Living

Why Choose Austin

People are moving to Austin, Texas. Families are relocating for jobs, students are coming to attend Texas universities, and seniors are deciding that Austin is the right place to retire. Austin is well known for many things - a thriving economy, a strong job market, a good cost of living and now the capital of Texas is becoming known for the amenities offered to the senior population.

The website Senior Advice just published the “10 Best Cities in America for Seniors.” They ranked Austin number two on the list. Austin scored higher than both state and national averages due to our:

Image result for Austin bridge

  • Mild climate
  • Limited amount of rainfall
  • Active lifestyle
  • Ease of access to excellent healthcare

Lifestyle Benefits

While the summers are hot, many homes have swimming pools and the other three seasons are beautiful. Due to the limited amount of snow and rainfall, Austin is a city that is easy to drive and allows seniors the ability to get to and from destinations safely. Additionally, the mild winters allow for seniors to be outdoors to hike, bike and walk. In Austin we have the Hill Country, plenty of greenbelts, over 30 golf courses and an abundance of city parks. In Steiner Ranch, we have the world-renowned UT Golf Course and over 50 miles of hiking trails. If you are an avid water person, you can choose to live downtown near...

TRECrules

What is TREC?

The Texas Real Estate Commission, also known as TREC, is the governing body over all Texas real estate agents, brokers, inspectors and even home warranty companies.  Since Texas law requires that the following information be readily available to all prospective buyers, tenants, sellers and landlords, we are posting to our blog so you can easily find it.

The purpose of this information is to assist homebuyers and sellers in understanding the terminology and rules that govern the industry. It is a code of ethics, if you will, and it is always advisable to familiarize yourself with the industry-specific rules and terms before entering into any transaction. The Gene Arant Team takes this code quite literally and we see this as the very basis of our duty to our clients. Our goal is to exceed our clients’ expectations and to ensure that each transaction is completed in a fair environment that is as stress-less as possible for our client.  We hold our team to the highest moral and ethical standards and recognize that serving our clients is an honor. With that said, this blog will define the most pertinent words and rules written by TREC.

The Difference Between a Broker and a Real Estate Agent

A broker is responsible for all brokerage acts including all transactions made by a sales agent.  A broker must sponsor a sales agent and then that agent can work directly with a client, acting on behalf of the broker.

A Broker is bound to:

  • put their client’s interest above any other, including the broker’s own interest
  • be honest and fair to all parties within a transaction
  • ...

The Copeland Family

Brodie and Sean Copeland

The tragedy in Nice, France unites us through shock and sorrow. As a global community, we watched the events unfold with heavy hearts. This latest attack bringing to light the unfathomable - that tragic things happen and are beyond our control. As a neighborhood community, we are bound by the grief and loss of a good family.

While many do not personally know the Copeland family, every one of us in our small community knows someone who does know the Copelands.  Our sorrow is felt throughout. Red ribbons and flags are emerging throughout Steiner, Four Points and Lakeway – a reminder and memorial to the beautiful lives lost. Brodie - age 11 and Sean - his 51-year-old father, was amongst the 84 people fatally injured on Bastille Day in Nice. The Copelands were on a European vacation and the family was enjoying the fireworks before the attack.

This family is a part of our community. The Copelands touched the lives of many and many now have to cope with such an untimely and unexpected loss. We will come together to support the family to help them in whatever way we can – prayers, donations, food, time. The Hill Country baseball team where Brodie played ball has begun a gofundme campaign and you can help support the family at this link. Ribbons have been laid at the 9/11 Memorial in honor of Brodie and Sean. The Tejas baseball team began wearing the number 8 to memorialize Brodie.

Red Ribbon

It seems that in times of tragedy, we wonder what – in addition to praying and donating – can we do to be...

Steiner Ranch Housing Market

STEINER RANCH HOUSING MARKET

The Austin housing market continues to thrive in the Central Texas Region and Steiner Ranch is no different. The Four Points area continues to grow as families choose to live in the beauty of the hill country. Steiner Ranch, located in the heart of the hills, is a great place to raise a family.

INVENTORY & SALES

Current Steiner Ranch market stats show us that there are 69 active homes for sale during June 2016 versus the 107 homes for sale in June 2015.  As of June 20, there are 47 homes pending versus the 32 homes pending previously.

Comparatively speaking, the period of January 2015 – June 2015 recorded 124 units sold with an average sale price of $506k and 46 days on market.  This year, from January 2016 to June 2016, there have been 160 units sold, the average sale price dropped slightly to $497K, while days on market also dropped to 41 days. 

What does this mean? Simply stated:

  • more homes have sold
  • there is a decrease in days on market
  • factor the slight price decrease; more homes are selling below $500k than above $500K.

At closer observation, of the 69 currently active homes, only 21 of those are below the $500K price point.  Of the 160 sales previously mentioned, 103 of those sales were below the $500k price and the other 57 homes were above the $500K price point.

From an economics standpoint, it is interesting to note that approximately 2/3 of the Steiner Ranch sales were below the $500k price, yet over 2/3 of the current active homes on market are over $500K.  Stay tuned to learn more…

BUYER OR SELLER MARKET

Based on supply and demand trends, the data for this year shows that homes listed below the $500K price point creates a seller's market. However, homes listed above the $500k price point, creates more of a buyer's market scenario.

GENERAL MARKET CONDITIONS

Steiner Ranch is a very strong market in the Austin area. More homes...

Best Sno in Austin

The debate continues as we determine the best places to cool down during the summer months. One thing that our team can agree on is frozen ice. We all have our favorites so we have compiled a list of trucks you "must visit" this summer. From shaved ice to sno balls, this is where we tell our friends to catch some relief from the summer heat. 

Shaved Ice Island

Shaved Ice Island is a kid's and parent's dream alike. This is no ordinary ice stand; they pride themselves on offering gourmet snow cones.  You can choose from fun flavors off their Gourmet Combo list like the Mango Lassi or the Moscow Mule (non-alcoholic), or get daring with their dill pickle snow cone. Not so adventurous? They have all the traditional flavors or you can create your own unique combination. They even offer organic ice pops! Check them out at their trailer located in front of Westgate Lanes Bowling Alley, 2701 William Cannon Road. Where else can you combine shaved ice with gummy worms? They also cater and deliver. 

Frozy’s Shaved Ice

Frozy’s Shaved Ice is run by a local family that serves up New Orleans style snoballs.  Having a party and want to cool everyone off? This fun little truck will come to you! With over 45 flavors, you can call them up and book them for your next event. Open from March through late October, you can find them at 3595 RR 620 South – in the little food trailer park across from Chick-fil-a in Lakeway. Their summer hours are Tuesday – Sunday from noon to 8pm. This is definitely a favorite of Steiner Ranch residents because it is pretty close to the neighborhood. Read more about Frozy's and check out their full menu here.

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Austin Economy

Take a Look at Austin

Whether you live in Austin or are planning to relocate, the economy is strong enough to handle the influx of people moving here. This fast growing metropolis added 43,400 new jobs in the past year.  

Fastest Growing Among Top 50 Metros

Numbers Surpass Initial Predictions 

Austin is officially the second fastest growing city in the United States. Preliminary indicators had suggested that job growth would be approximately 3.3% however; actual numbers were 4.7%, making Austin the second most robust city amongst the 50 largest metro areas. (Dallas ranked third in the U.S.)  Texas’ other three major metros grew at lesser rates: San Antonio by 2.9%, Forth Worth by .9% and Houston by .6%.

With 41,400 new jobs, the private sector saw growth in all private industry jobs. The leisure and hospitality industry grew by 9,800 jobs over the last 12 months. Construction and natural resources grew the fastest with 5,800 jobs.  Additionally, the wholesale industry added 4,800 jobs; the professional and business services added 9,100 jobs and the government sector, which accounts for nearly 18% of all jobs, saw modest growth, gaining approximately 2,000 jobs.

Low Unemployment Rates

Unemployment in Austin is at a low 3.2% which is a slight decrease from the previous year of 3.3%.  Within Austin, Travis County (home to Steiner Ranch) boasts the lowest unemployment rate at 3.1%. (Unemployment Rate) Other major cities in Texas have also improved unemployment rates: Dallas at 3.7%, San Antonio with 3.7% and Fort Worth with 4.0%. Houston’s unemployment levels increased slightly to 4.8% however all Texas’ major metro areas are below the U.S. unemployment rate of 5.2%. National Unemployment Rates...

Property Tax Event

Are You in the Minority or the Majority?

Did you know that 80% of the people in Travis County do not protest their property taxes? Paying taxes is as American as disputing taxes. In Texas, we do not pay state income tax however we do pay real estate tax. We understand that our taxes support local schools, roads and parks. We are proponents of investing in our community and paying taxes, we just do not want to overpay our taxes. 

Did you know that the Travis County portion of your property tax bill represents less than 20 percent of your total tax bill? Do you know what makes up the rest of your tax bill?

Travis County Property Tax Workshop

That and many other questions will be answered at the Travis County Property Tax Workshop. We can help you learn to navigate the process of appeal. Whether you plan to dispute your taxes personally or are looking for the right firm to protest for you, we offer this evening as an information gathering session.  Join the 20% of Travis County taxpayers who have adjusted their property tax values.

Five Stone Tax Advisors can answer all your property related tax questions. In fact, the Gene Arant Team is honored to have JP Krueger, the owner of Five Stone Property Tax Advisors, running this workshop.  Have questions? There is no one better suited to answer your tax questions than JP.

Schedule

Register here to join us on May 19th, 2016. We are offering four different sessions. Choose the time that best works with your schedule.

Gene Arant Team hosts info session

Sessions are offered at:

  • 5:00pm
  • 6:00pm
  • 7:00pm
  • 8:00pm

We...

Tee Up for Austin

Tee Up for AustinGene Arant Team Hole in One Real Estate

Moving to Austin is like hitting the proverbial “hole in one.” Gene and I have lived here the majority of our lives and have seen the city grow over the years. While Austin has many of the big city amenities, and our city continues to grow and change, we still have the small-town, friendly feel. People let you merge into traffic, honking isn’t polite, cashiers smile and ask about your day, people still hold open doors and even strangers lend a hand. That is pretty special for being the 11th largest city in the nation.

Dell Matchplay

A couple of weeks ago, we were watching the Dell Matchplay; the golf tournament put Austin on global display. Lake Austin and the Austin Bridge was the perfect backdrop. Golfers and fans raved about the weather and conditions. The announcers were interviewing Tom Kite, who lives here, and he jokingly said it was great having everyone come to our fair city but please don’t get any ideas of moving because Austinites don’t want their town getting any larger. However, that statement isn’t thwarting anyone from heading our way and for good reason, because Austin is amazing.

Lets do a quick 2015 Austin ranking recap*. 

Austin was ranked No. 1 for:

  • Best city to launch a startup by Smallbiztrends.com
  • Fastest growing large city economy since the Great Recession by Wallet Hub
  • Best large city to live in by Wallet Hub
  • U.S. City for startup activity by Kauffman Index
  • Tech city in global ranking by Savills
  • Best performing city out of 11 global cities with strong tech clusters by Wall Street Journal
  • U.S. Ranking in 2013-2014 Economic Performance by Brookings Institution
  • Best city for jobs...
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