consistently rated one of austin's top realtors | … · homes sold 1,814 4% average days on...

JKB Realty Group 512.532.5005 www.JKBRealty.com1

JANUARY 2016

C O N S I S T E N T LY R AT E D O N E O F A U S T I N ' S T O P R E A LT O R S | $210M+ SALES | 750+ CLOSINGS | ESTABLISHED 2003

JKB Realty NewsServing the Austin and surrounding communities

CherieStacy Amanda Jessica Michael

After increasing for 5 consecutive months, Austin-area home sales dipped 4% in November 2015 compared to the same month of the prior year, according to the Multiple Listing Service report released by the Austin Board of REALTORS®. This is only the 2nd decrease in home sales volume for 2015 to date, with the 1st decrease occurring in May 2015.

The President of the Austin Board of REALTORS®, explained, “While November single family home sales volume decreased slightly compared to last year, year-to-date home sales volume continues to outpace 2014. With the Austin-area population exceeding 2 million over the summer, growth in Central Texas is showing no signs of slowing.”

“The Federal Reserve’s recent decision to raise interest rates is a sign of a healthy economy, and we’re fortunate that Austin has one of the strongest economies and housing markets in the nation,” said Mark Sprague, State Director of Information Capital at Independence Title Company. “Millennials—a large portion of Austin’s population—have never seen interest rates go above 10%, so some might be concerned about the impact higher interest rates will have on Austin’s housing market and economy. Even with this increase, however, interest rates are still among the lowest they have ever been, and we do not anticipate a significant impact on the Austin-area housing market.”

Concluding, “It’s encouraging to see an uptick in pending sales, active listings and new listings as a sign of more homes entering the market. Sellers are taking advantage of competitive market conditions and if active listings continue to increase year-over-year, it could lead to a much-needed increase in the Austin-area’s housing inventory level.”

Austin-area home sales volume decreases in November while prices set record

AUSTIN MLS AREANOVEMBER 2015 HOUSING STATISTICS

AVERAGE HOME PRICE$270,00010%

HOMES SOLD1,8144%

AVERAGE DAYS ONMARKET1 Day

54

Information provided by www.abor.com. Data release is the 20th of each month.For the most current information please call us on the 21st or after.

Austin-area school district ranks among the 5 best in U.S.

Students in Eanes Independent School District are at the top of the class: Niche.com's 2016 list of the best school districts in America names the local district No. 2 in the U.S.

Niche looked at key factors like strength of academics, quality of teachers, school resources, quality of student life, and student and parent reviews to determine the overall excellence of more than 10,000 districts.

Eanes' overall A-plus rating included an A-plus for academics, health and safety, teachers, and resources and facilities. The district received an A for sports and fitness, an A-minus for extracurriculars and activities. Its lowest grade? A B-minus for student culture and diversity.

Joining the Austin district in the top 10 is Dallas' Highland Park Independent School District at No. 6. And like Eanes, Highland Park received its lowest grade, a B-minus, for student culture and diversity.

Three other North Texas districts rank in the top 100: Carroll (No. 27), Plano (No. 63), and Coppell (No. 77). Tredyffrin-Easttown School District in Pennsylvania is No. 1 in America.

Information provided by CultureMap Austin. www.austin.culturemap.com


2303 Quarry Rd.1,930 Sq Ft | 3 Bed | 3 Bath | 1 DIning | 2 Living

Great find in Deep Eddy/Tarrytown area! This large estate size lot (.27 acres) is located between Quarry Rd. and 12th St. and is extremely rare in that it offers front & rear access.The house features an open family room/kitchen area with an abundance of natural light, wood burning fireplace & recessed lighting. The kitchen is conveniently located between the 2 living spaces creating great flow. The fabulous upgraded master suite boasts vaulted ceilings, wood floors, double vanity, dressing area & an enormous steam shower. The huge park like backyard offers mature shade trees, endless possibilities and more than enough space to entertain your family & friends.

AVAILABLE

This gorgeous cul-de-sac home is situated on a large .25 acre lot & features many recent upgrades. Recent improvements include an updated kitchen, tankless water heater, water softener, wood flooring, new light fixtures & fresh paint. The family room offers ceramic tile flooring, gas log fireplace & an abundance of natural light.

The fantastic kitchen features granite counters, custom tile back splash, stainless steel appliances including a built-in oven, microwave & gas cooktop, island, breakfast area, tons of cabinet space & a pantry.

The spa like master suite includes vaulted ceilings, double vanity with great counter space, soaking tub, separate shower & a walk-in closet.

The property also includes a second master suite with ensuite bath, light & bright office with hardwood floors, a spacious dining room with chair rail molding & a great mud room with built-in storage.

The amazing backyard is perfect for entertaining family & friends and boasts an extensive pergola covered patio, sparkling pool and tons of yard space.

2129 Clear Lake Place

Our Featured Listings

AVAILABLE



4304 RAVINE RIDGE TRAIL 4,570 Sq. Ft. | 4 Bed | 4.5 Bath | 3 Living | 2 Dining | 3 Car Garage

Located on a sprawling 1 acre lot in the highly sought after Eanes ISD and zoned for Bridgepoint Elementary. Situated in a gated community & backs to a greenbelt overlooking the Austin Country Club golf course.

The wonderful open floorplan creates a great flow for entertaining. The home features designer lighting & paint, crown molding, high ceilings, recessed lighting & an abundance of natural light throughout.

The modern kitchen was designed by Jerri Kunz and boasts Silestone counters, stainless steel appliances including a 6 burner gas cooktop & a built-in Thermador refrigerator, soft close cabinets, huge center island, walk-in pantry with built-in shelving & more!

Feel at home in a master suite complete with coffered ceilings, sitting area, private access to the back patio & pool, enormous California closet, double vanity, Jacuzzi tub & a walk-in shower.

This impressive property also offers a spacious gameroom, golf course views from almost every room & all bedrooms are ensuite.

The fabulous outdoor living space features a huge covered patio with a built-in kitchen, sparkling pool & a sprawling yard. Your friends and family will never want to leave!

LUXURY LISTING NOW AVAILABLE


KNOW OF A HOME FOR OUR BUYERS? IF SO, WE ‘D LOVE TO HEAR FROM YOU.

North Central or East Austin$330K Max

3+ Bedroom1100+ Sq Ft

BUYER #1

The Hills of Lakeway or Flintrock$700K -$950K

Minimum 4 bedrooms, 3.5 bathsMinimum 3,000 Sq Ft

BUYER #2

Circle C, Lake Pointe or Lakeway Area$450K Max

2,200+ Sq Ft, 4+ Bedrooms, 2+ BathOn Site Pool or Community Pool a plus

BUYER #3

Single Family or MultifamilyCentral Austin or Lakeway

$400K Max2+ bedroom

BUYER #4

The Federal Reserve finally moved to raise the federal funds rate last week. Specifically, it raised the range on the fed funds rate to 0.25% to 0.50% from 0.0% to 0.25%. This is the first time the Fed has increased the range since 2006.

So far, mission accomplished. For most of 2015, the fed funds rate has vibrated between 10 and 15 basis points. Recent quotes on Bloomberg show the fed funds rate at 35 basis points.

The market had been prepping for this for some time, so the rate hike’s short term impact has been minimal. We did see

some movement higher on the short-end of the yield curve. Rates on the 1-year ARM and 5-1 ARM were quoted a bit higher. As for longer-term rates, there was a slight increase initially, but rates on the 15-year and 30-year loans were soon back to pre-Dec. 16 levels (pre-Fed rate hike).

But keep in mind, this is like watching the flight path of a butterfly. It really is a guess to where mortgage rates are going in the short term. Longer-term, we'll stick to our guns – higher rates. But a month from now, our opinion could easily change.

THE BIGGEST NON-EVENTOF 2016

The Mortgage CafeThe Mortgage CafeA special column from the lending experts at New Penn Financial.

Tera Gilbert, Senior Mortgage Consultant | 512.828.6420

For more information on home loans or other low-down-payment loans, please contact Tera Gilbert at [email protected] today.

Mortgage News & More


Among all the tech hype at CES 2016, appliance manufacturers were showing off their latest high-tech, super energy efficient models. But they’re also doing it under a new finish: Black stainless.

KitchenAid, LG, and Samsung are among the appliance makers showing the black satiny finish. It’s the latest finish to go up against the long-held popularity of stainless steel, the rugged industrial look that has adorned modern kitchens for decades.

But stainless steel has had a love-hate relationship with home owners. Home owners love the shiny look but they tend to hate the fingerprint smudges that are often left behind. Manufacturers have tried alternatives, such as Whirlpool’s White Ice and GE’s Slate. But none have come close to biting into stainless steels’ popularity.

Will black stainless catch on? Possibly, because it’s not that too different of a look.

It’s less reflective than the conventional stainless steel. It’s just slightly darker and offers a slightly more (but not completely) smudge-free finish.

KitchenAid first launched its black stainless steel finish in September 2015, which had designers calling it the hot “new neutral” that added “warmth” and “sophistication” to a kitchen space.

“Major appliances are the anchor pieces of a kitchen, and their color and design contribute largely to the overall look of the space,” says Beth Robinson, senior brand experience manager for KitchenAid. “As a stylish alternative to traditional finishes, our black stainless steel offers designers and consumers tremendous design flexibility and the chance to experiment with fresh ideas.”

What do you think? Do you think black stainless will catch on?

THE NEW KITCHEN FINISH: BLACK STAINLESS by Melissa Dittmann Tracey, Realtor® Magazine

Feature Article & Events

8 1,814 – Single-family homes sold, 4% less than Nov. '14.

8 $347,292 – Average price for single-family homes, 12% more than Nov. '14.

8 54 – Average number of days single-family homes spent on the market, 1 day less than Nov. '14.

8 5,703 – Active single-family home listings on the market, 3% more than Nov. '14.

8 1,965 – Pending sales for single-family homes, 4% more than Nov. '14.

8 2.4 – Months of inventory of single-family homes, unchanged compared to Nov. '14.

8 $629,987,688 – Total dollar volume of single-family properties sold, 8% more than Nov. '14.

NOVEMBER 2015 STATISTICS


103 Edgewater CoveCOMING SOON!

Beautiful, turnkey waterfront condo on Lake Travis! You can’t beat this deal! Fully furnished & ready for move in, just bring your clothes! The property also includes a private boat dock & lift w/storage! The open family room offers stained concrete floors, wood burning fireplace & recessed lighting.

The kitchen features quartz countertops, stainless steel appliances, island, breakfast bar & an abundance of storage. The master suite includes private access to the balcony, huge walk-in closet & spacious tiled shower. Relax or entertain on the back covered patio while taking in the gorgeous hill country & lake views. You can even keep warm by the fire on those chilly nights at the community fire pit!

615 Cat Hollow Club Dr. #AAVAILABLE FOR SALE OR LEASE


Features at a Glance:

• 4 BR/3.5 BA, 3,481 Square Feet

• Lakeside Home on Cul-de-sac

• Remodeled and Ready to go!

• Walk from your pool to the lake!

• Tons of decking for entertaining

• Walk to HOA tennis court

• Walk-in closets in every bedroom

• 2 Fireplaces

• Gameroom with wet bar

• Resurfaced Hardwood & Saltillo Floors

• Gorgeous Pool and Spa!!


EVENTS CALENDAR

EVENTS & FESTIVALS18 MLK March and Festival

The Annual Community March and Festival celebrates Dr. Martin Luther King’s legacy while uplifting diversity and multiculturalism.The University of Texas Campus, Austin

24 Austin Bacon & Beer FestivalCo-presented by Edible Austin and Eat Boston, this fundraiser benefits the Capital Area Food Bank.Fair Market, Austin

FOOD, ART & CULTURE13-16 Cap City Comedy Club Presents: Mike E. Winfield

Having debuted on “The Late Show W/ David Letterman”, this comedian makes it seem like he’s talking about your life.Cap City Comedy Club, Austin

14-17 The Amazing Acro-catsOne of the four “cat shows” in the United States, their performances delight and astound audiences of all ages!Stateside Theatre, Austin

15-18 Ben Hur Shrine CircusThis traditional 3-ring circus is the only interactive circus in the world!Cedar Park Center, Cedar Park

15-16 PrintAustinCelebrating the city’s recognized printmaking programs and professional print shops, this festival showcases artists and their work. The event also offers in-house artist talks, panels and educational printmaking workshops.Austin

21-23 Cap City Comedy Club Presents: Brian PosehnThis comedian, actor and writer has appeared in several shows, including “The Sarah Silverman Program” and“Seinfeld”, and was one of the original members of the “Comedians of Comedy”.Cap City Comedy Club, Austin

23 Wild Kratts Live!The Emmy-nominated Kratt Brothers present a stage adaptation of their animated show of the same name.Bass Concert Hall, Austin

23-31 Floyd’s Of Mice & MenThe Austin Opera presents an operatic adaptation of John Steinbeck’s novella.The Long Center, Austin

28-30 Improvised Shakespeare CompanySince 2005, the ICS has taken suggestions from the audience to create Shakespearean performances that are funny and totally improvised. No two shows are alike.Stateside Theater, Austin

30 Free Day of DanceThe eighth annual event offers over 180 FREE dance classes at studios all around Austin, including but not limited to Country, Swing, Salsa, Ballroom and Tango!Austin

30 HOOK 25th Anniversary Movie PartyThis fun screening of HOOK includes a live introduction and Q&A with two of the movie’s actors, Dante Basco, who starred as Rufio, and James Madio, who starred as Don’t Ask.The Long Center, Austin

31 Elephant & Piggie’s We Are In A PlayFrom the best-selling children’s book series, this a one-hour vaudevillian musical about Elephant Gerald and Piggie as they tackle some important questions like, “Should you share your ice cream?”Paramount Theater, Austin

SPORTS24 2016 3M Half Marathon

Austin

26 Shaun of the Dead Pub Run + ScreeningMeet at the Stateside Theatre for a pub run, followed by a screening of the zombie comedy Shaun of the Dead.Stateside Theatre, Austin

28-29 Harlem Globetrotters 90th Anniversary World TourFrank Erwin Center

30 Austin Gorilla RunRun in a gorilla or banana suit!Camp Mabry, Austin

MUSICEVERY Austin Live Music CrawlM/F Perfect for those who want to see some live music but don’t know

where to go, this tour explores different music venues every week. Must be 21 or older.Java Jive on 5th, Austin

16 Never Shout NeverWith Jule Vera and WaterparksEmo’s, Austin

22 Mike GordonEmo’s, Austin

23 Railroad EarthStubbs, Austin

23 Grace PotterACL Moody Theater, Austin

SEARCH AND FIND MORE MUSIC EVENTS AT:• Austin Live Music• Red7 Austin• Mohawk Austin

• Nutty Brown Cafe • Emo's Austin• The Continental Club

January


ROOFING & CONSTRUCTIONFree Estimates

Local: 512.626.5294Toll Free: 877.864.9037

Tom McAnnProfessional Inspector #5418

[email protected]

Jennifer Uxer, DO, FACOG12201 Renfert Way, Ste. 325

Austin, Texas 78758512.83(OBJEN)

www.capobgyn.com

Want to know who’s on our speed dial? Here’s our ‘GO TO’ team!

If your home is listed for sale with another broker, this is not intended as a solicitation of business.

LAKEWAY • AUSTIN • BASTROP • CEDAR PARK • GEORGETOWN

For the BEST in Title and Closing Services,trust Trinity Title

512.236.6925www.trinitytitletx.com

M O V I N G S E R V I C E S

512.751.0893

[email protected]

Page Gandy512.524.5408

[email protected]

PHOTOGRAPHERjnoelphotography.com

J.Noel

Vendors provide sponsorships, door-prizes & a wealth of valuable services to our clients.Please mention JKB Realty when scheduling your appointment.

Brian D. Esway, CFP®Registered Representative*

New York Life Insurance Company6200 Bridgepoint Parkway, Suite 300, Austin, TX 78730

Tel. 512.329.4288 Fax [email protected]

The Company You Keep®*Registered Representative offering securities through NYLIFE Securities LLC,

Member FINRA/SIPC, an affiliate of New York Life Insurance Company.6200 Bridgepoint Parkway, Ste. 300, Austin, TX 78730. T. 512.329.4200

Each office is independently owned and operated.

TERA GILBERT

SENIOR MORTGAGE CONSULTANT

LoansByTera.com512.828.6420

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Michael Katsus | 512.539.7901 [email protected]

Billysteve Korpi | 512.797.9124 [email protected]

888.492.7359 [email protected]

WE CAN SAVE YOU $1,000S!

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consistently rated one of austin's top realtors | … · homes sold 1,814 4% average days on...

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