Archives for June 2011

Bank Said No? This Home Says No Problem!

This is a prime opportunity to purchase real estate in Georgetown, Texas.  115 Village Park Drive is located in Georgetown Village, one of the most coveted neighborhoods in Georgetown.  Here are a few reasons why:

  1. Walking distance to exemplary-rated Village Elementary School;
  2. Miles of kid- and pet-friendly trails available for hiking, jogging, or walking;
  3. Numerous, luscious parks, including the one right in front of this home.

But what sets 115 Village Park apart from the other homes for sale in Georgetown Village is your ability to finance easily and securely without the headaches of dealing with lenders and underwriters.  Even if you aren’t approved for a loan, you can purchase this home through owner financing.

  • Owner financing – 20% down payment preferred
  • High resale value – homes on this street has had the highest $/SF sold numbers for any resale in Georgetown Village over the past couple of years
  • Efficient floor plan includes 3 bedrooms, 1 office/study, formal dining, large kitchen and living, indoor utility
  • Village Park, Pool, and Playscape located right outside your front door
  • Located on one-way horseshoe street
  • Black walnut wood laminate floors
  • Stainless steel appliances
  • Fireplace to keep you warm
  • Brick construction on all sides

 

For those of you not able to secure a loan, owner will consider an owner finance:  20% down payment desired, will look at other offers with a minimum of 10% down.  Buyer pays all closing costs.  For more information, contact Edward @ 512-761-6474

Maximum Exposure for Your Business

If you’re a small business owner like me, then you may keep yourself up at night thinking of viable ways to increase revenue and profit.  In the real estate industry, there’s a saying, “Location, location, location.”  Well it seems that this doesn’t apply only to residential real estate, but also commercial real estate.  If you really want to increase profit, your business needs to be in a great location – clear visibility, easy access, and an inviting environment.  With approximately 100 feet of frontage alongside one of the busiest roads in Georgetown these are a few of the things that 1629 Williams Drive in Georgetown can offer you and your business.

Additionally, many small business owners value the convenience of a home office.  1629 Williams Drive is less than 5 minutes to I-35 and many of the local neighborhoods – Georgetown Village, Berry Creek, Serenada, Oak Crest, Enclave, Estrella – giving you maximum flexibility of keeping your work away from your home, but close enough if you need to meet a client on the weekend.

Listed at $189,900 for almost .75 acres, this is one of the best bargains on Williams Drive for the acreage.  A natural border of shady, mature trees line the sides and rear of the lot while the front is clearly visible to over 20,000 cars each day.  There is already a driveway for easy access so you could save money by extending off of the existing pavement.  And you’d be neighbors to several local, friendly, and highly reputable small businesses and offices – Mars Hill Realty Group, Georgetown Family Hypnosis, and Christ Presbyterian Church.

For more information, call Edward Lui – (512) 761-6474

 

Texas adds more jobs than almost the entire US combined!

I just read this Wall Street Journal article about the post-recession and what the track record is for each individual state for adding new jobs.  Needless to say, the reason why this is being blogged about is because Texas kicked butt once again.  Texas added 265,000 jobs since June 2009 through April 2011 compared to 47 other states combined for just 266,000!  Rounding out the top 3 are New York at 98,000 and Pennsylvania at 93,000.

Rather then the Federal government following the Texas model of small government and business-friendly climate, it chooses to follow the example of California which has lost 11,400 jobs during the same time.  Check out the full article below:

 

The Lone Star Jobs Surge

The Texas model added 37% of all net U.S. jobs since the recovery began.

(WSJ – 6/10/2011) Richard Fisher, the president of the Federal Reserve Bank of Dallas, dropped by our offices this week and relayed a remarkable fact: Some 37% of all net new American jobs since the recovery began were created in Texas. Mr. Fisher’s study is a lesson in what works in economic policy—and it is worth pondering in the current 1.8% growth moment.

Using Bureau of Labor Statistics (BLS) data, Dallas Fed economists looked at state-by-state employment changes since June 2009, when the recession ended. Texas added 265,300 net jobs, out of the 722,200 nationwide, and by far outpaced every other state. New York was second with 98,200, Pennsylvania added 93,000, and it falls off from there. Nine states created fewer than 10,000 jobs, while Maine, Hawaii, Delaware and Wyoming created fewer than 1,000. Eighteen states have lost jobs since the recovery began.

The data are even more notable because they’re calculated on a “sum of states” basis, which the BLS does not use because they can have sampling errors. Using straight nonfarm payroll employment, Texas accounts for 45% of net U.S. job creation. Modesty is not typically considered a Texas virtue, but the results speak for themselves.

Texas is also among the few states that are home to more jobs than when the recession began in December 2007. The others are North Dakota, Alaska and the District of Columbia. If that last one sounds like an outlier at first, remember the government boom of the Obama era, which has helped loft D.C. payrolls 18,000 jobs above the pre-crisis status quo. Even so, Texas is up 30,800.

3texasjobs

3texasjobs

What explains this Lone Star success? Texas is a big state, but its population of 24.7 million isn’t that much bigger than the Empire State, about 19.5 million. California is a large state too—36.9 million—and yet it’s down 11,400 jobs. Mr. Fisher argues that Texas is doing so well relative to other states precisely because it has rejected the economic model that now prevails in Washington, and we’ll second that notion.

Mr. Fisher notes that all states labor under the same Fed monetary policy and interest rates and federal regulation, but all states have not performed equally well. Texas stands out for its free market and business-friendly climate.

Capital—both human and investment—is highly mobile, and it migrates all the time to the places where the opportunities are larger and the burdens are lower. Texas has no state income tax. Its regulatory conditions are contained and flexible. It is fiscally responsible and government is small. Its right-to-work law doesn’t impose unions on businesses or employees. It is open to global trade and competition: Houston, San Antonio and El Paso are entrepôts for commerce, especially in the wake of the North American Free Trade Agreement.

Based on his conversations with CEOs and other business leaders, Mr. Fisher says one of Texas’s huge competitive advantages is its ongoing reform of the tort system, which has driven litigation costs to record lows. He also cited a rule in place since 1998 in the backwash of the S&L debacle that limits mortgage borrowing to 80% of the appraised value of a home. Like a minimum down payment, this reduces overleveraging and means Texas wasn’t hurt as badly by the housing crash as other states.

Texan construction employment has contracted by 2.3% since the end of the recession, along with manufacturing (a 1.8% decline) and information (-8.4%). But growth in other areas has surpassed these losses. Professional and business services accounted for 22.9% of the total jobs added, health care for 30.5% and trade and energy for 10.6%.

The Texas economy has grown on average by 3.3% a year over the last two decades, compared with 2.6% for the U.S. overall. Yet the core impulse of Obamanomics is to make America less like Texas and more like California, with more government, more unions, more central planning, higher taxes. That the former added 37% of new U.S. jobs suggests what an historic mistake this has been.

 

Affordable Luxury – 7717 Pebble Creek

Do you want to know what an interior designer’s dream home would look like?  Then look no further than 7717 Pebble Creek located in Georgetown, TX.  Formerly a model home in the Villages of Berry Creek, this makes other move-in ready homes look Plain Jane.  Custom tile work is visible on the entry way floors, kitchen back splash, living room and fireplace, and master bathroom.  Designer wallpaper clothe this home in modern style.  Secondary bedrooms have been treated like a true artist’s canvas with imagination and style.  Beautiful artwork and decor throughout!  Priced at $239,000, this home has over $100,000 in options and upgrades that were implemented with the eye and style of someone that could very well be from HGTV!  This is a genuine move-in ready home that needs nothing, except a new owner.

Custom tile work greets you when you walk in, and constantly says hello throughout the home.

Custom tile work greets you when you walk in, and constantly says hello throughout the home.

No expense was spared in this home.  The main floor contains a formal dining room perfect for dinner parties.  The kitchen is upgraded with every option possible – granite counters, over-sized sink, stainless steel appliances, bright, recessed lighting, ambient lighting under cabinets, extended granite counter for bar, custom tile back splash and flooring, and completely open to the living room and breakfast nook.  The kitchen is upgraded well enough for a chef, and contained in a size that is very easy to maintain.  The master bedroom is tucked away from the secondary bedrooms for absolute privacy.  Snuggle up by the bay window on a rainy day, or enjoy the custom tile work in the master bath as you relax in the shower or separate tub in complete silence.

Upgraded kitchen with lots of options!  Can you name them all?

Upgraded kitchen with lots of options!  Can you name them all?

Touch, feel, and admire the cold wrought iron as you make your way to the second floor.  There is a huge game room and 4 bedrooms waiting to fill your needs.  One of the bedrooms is currently used as a media room or home theater with surround sound and dimmed lighting.  It seats 4 extremely more comfortably than City Lights so pop in a BluRay or sign up for a Netflix account – you will be in this room a lot and your family and friends will love just as much!

This home theater is more comfortable than City Lights Theaters! Separate nursery down the hall for crying babies!

This home theater is more comfortable than City Lights Theaters! Separate nursery down the hall for crying babies!

See below for more pictures, videos, and information or contact us today!

7717 Pebble Creek – Options
7717 Pebble Creek Survey
02-12-10 7717 Pebble Creek Dr Inspection
7717 Pebble Creek – Deficiencies Addressed

Facebook Auto Publish Powered By : XYZScripts.com