Connect

Find us on...

Dashboard

Login using...

New Search X

Austin Real Estate Blog

 

By The Kent Redding Group

AUSTIN, TX. – Are you planning on buying a home in 2018? If so, one of the many things that you will have to present to the buyer is a proof of funds letter.

A proof of funds letter verifies that you indeed have the funds or “liquid cash” to purchase the home that you’re interested in buying.

In today’s competitive real estate market every home buyer must present a proof of funds letter to the seller because this letter will give the seller confidence that you are able to afford the home.

All Buyers Need A Proof Of Funds Letter

Regardless if you’re paying cash or financing an Austin Texas Home, you’re going to need a proof of funds letter.

While lenders will delve deep into your finances to ensure

121 Views, 0 Comments

 

By the Kent Redding Group

AUSTIN, TX. – There’s no doubt that the 2018 Real Estate market continues to be one the toughest ever, especially in Austin where inventory remains low and competition among buyers remains high.

Thankfully, even though it may be difficult to buy a home in Austin for some buyers in 2018 it’s not impossible especially if you follow these tips.

Hunt hard

It's not a market for the faint of heart.

The median home price right now is up 7.6 percent from last year and up 15 percent compared to the year before that, according to Zillow. And compared to three years ago? Up nearly 22 percent.

These price hikes, more than higher rates, make the costs prohibitive for some buyers.

And inventory is tight because

50 Views, 0 Comments

Are you searching for fun events in Austin to add to your calendar? If so, don’t miss Eeyore’s birthday on Saturday, April 28th at Pease Park.

About Eeyore’s Birthday

For 55 years this annual event has been a great way for Winnie The Pooh fans to get together to celebrate their beloved characters “birthday” while using the birthday as their opportunity to raise money for local charities.

Eeyore’s Birthday has always been free while helping to raise money for local non-profits. Austin non-profit Friends of the Forest Foundation (an organization which distributes funds to local non-profit charities) donate their earnings from Eeyore’s Birthday to organizations who support our beautiful city, so your purchases of drinks, food, etc. on-site

35 Views, 0 Comments

 

By The Kent Redding Group

AUSTIN, TX. – Thanks to a recent article in the Statesman we know that Austin has once again been named the best city to live in America.

There are a variety of reasons to love living in Austin including a wide variety of things to do, great events, awesome live music, fantastic food and so much more.

There Are So Many Reasons To Live In Austin

Austin continues to beat out other top cities like Colorado Springs and Portland Oregon every year because the city also benefits from great home prices (when compared to the rest of the country), low taxes and high job growth.

Last year, Austin knocked Denver from the No. 1 spot on U.S. News and World Report’s “Best Places to Live in the U.S.” And this year, it

27 Views, 0 Comments

By the Kent Redding Group

April is a wonderful time of year to be in Austin Texas because there are still plenty of cool days mixed in with warmer weather and we also have annual events to plan for including the Eat, Drink, & Be Merry at the Austin Food + Wine Festival, April 27-29.

About the Eat, Drink, & Be Merry at the Austin Food + Wine Festival

If you enjoy good food just as much as we do, the Eat, Drink, & Be Merry at the Austin Food + Wine Festival will have just about every type of food you can imagine. From tacos and tequila to grilling and grapes, you can find all of your favorite foods at this festival including foods that are signature foods you can find in town on a daily basis.

For 2018, they’ve packed the festival itinerary

58 Views, 0 Comments

 

Besides being the “music capital of the world” Austin is also an excellent place to enjoy a great meal and there are a wide variety of excellent restaurants that you can enjoy a meal on a regular basis including the following NEW restaurants which are set to open in the coming weeks.

Loro

Location: 2115 South Lamar Boulevard, South Austin

Key Players: chef/owner Tyson Cole, pitmaster Aaron Franklin, chef James Dumapit, chef Jack Yoss, pitmaster Bram Tripp, Hai Hospitality

It’s finally here: Texas barbecue meets Asian-influenced smoked dishes from two of Austin’s best chefs, Tyson Cole and Aaron Franklin. The restaurant is a new approach for both Cole and Franklin: this is the former’s first foray into casual service (people will

54 Views, 0 Comments

By the Kent Redding Group

AUSTIN, TX. – Right now, is an excellent time to buy a home because thanks to historically low mortgage interest rates, homes haven’t been this affordable since 1980.

That’s right, long term affordability has never been better because mortgage interest rates are about 4.5% now compared to 16% in 1980.

Sadly, home affordability could be threatened though if mortgage interest rates continue to rise so if you’re serious about buying a home in Austin Texas, or elsewhere in the United States, now is a great time to buy before rates increase.

Changes to The Mortgage Interest Deduction

Another change that could make buying a home this year more competitive is the recent changes to tax laws from the Republican tax bill

136 Views, 0 Comments

The Blackheart announces they'll be closing soon...

Rainey Street's popular Whiskey bar and music venue, The Black Heart announces they will be closing at the end of April.

Music fans and artists alike are dishearten by the news, as it's one of the last standing venues for musicians and a huge advocate for local artists in the Rainey St. District.

Co-owner, Jeremy Murray had been trying to renew the lease for months only to discover a new group, Goodmates LLC will be taking over the space. 

They released the official announcement on their Facebook page saying, 

"You best believe we’re gonna be celebrating whiskey and Austin music until they take the keys away from us, so please come by and see us in the coming month. Details for our

72 Views, 0 Comments

By the Kent Redding Group

AUSTIN, TX. – Every year we see home buying in Austin and across the United States heat up with the weather and thanks to a recent article on Realtor.com we know that this year may be one of the busiest years ever to buy a home since the end of the Great Recession.

A Record Low Number of Homes for Sale

One of the biggest factors that may make 2018 one of the busiest years in recent memory to buy a home has a lot to do with a record low number of homes for sale in Austin and other cities nationwide compared to years past.

In recent years it wasn’t uncommon to see existing homeowners put their homes up for sale to meet the growing demand for homes nationwide but that’s expected to change this year as more homeowners

1,136 Views, 0 Comments

Tax Day is only weeks away and if you haven’t filed your taxes yet you’re in luck because there are tax deductions you can take advantage of which will lower your taxes.

Mortgage Interest Deduction

If you purchased your home before December 15th of last year, you can still deduct all of the interest on your mortgage loan up to $1Million dollars.

The mortgage interest deduction will still be available to anyone who buys a home this year but the deductible is going to be capped at just $750,000.

Property Tax Deductions

Although some people have said that property tax deductions have gone, the reality is that you can still deduct your property taxes but they are capped at $10,000 for the year.

Home Office Deduction

Do you have a

200 Views, 0 Comments