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in this issue…

Putting a Face on Real Estate since 1995™

• Austin Title End of Summer Bash • CRS Bimonthly Meeting • NAREB Monthly Meeting • ABoR Member Week • Century Communities Headshots • and much, much more!

Associates in Progress

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Page 25 OCTOBER 2015 • VOLUME 20 • ISSUE 6

Leaders agree: Austin is becoming less affordable for homebuyers By Riki Markowtiz

Visit us online 24/7 at www.myRealtyLine.com

P. O. Box 81366, Austin, Texas 78708

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Printed on recycled paper.

Presorted Standard U.S. Postage PAID Austin, Texas Paid Permit #715

Anyone who has ever been an Austin resident for any amount of time is certain of one thing: The city is experiencing a truly spectacular growth spurt. Austin’s expansion is so explosive, the city can’t build new roads or improve infrastructure fast enough. The influx of more than 100 new residents each day is causing a squeeze on housing supply and triggering home values to increase exponentially. Today, there’s not enough affordable housing (defined as housing deemed

affordable to those with a median household income as rated by the region) to satiate eager buyers as the value of existing real estate has increased so rapidly, Austin’s middle and working classes are getting priced out of the market – and out of town. This year, Austin was called the “city of cranes,” by The Architect’s Newspaper. The city topped Forbes list of “Where to Invest in Housing in 2015.” In an article identifying the hottest housing markets and markets with fastest home sales in the U.S., Realtor.com ranked the city number 13 and 17, respectively. Clearly 2015 is the year the world noticed Texas’ best-kept secret. But ask any REALTOR who’s been here during this most recent population surge and you will hear a narrative that’s not as cheery or as optimistic as screaming headlines imply. Austin is growing faster than any other city in the U.S., only behind behemoths like New York, Houston and Los Angeles. But limited housing availability means that the people who live here are being marginalized and priced out of a city they have called home long before recent settlers with larger bank accounts. “It’s almost impossible to spend less than $250,000 on real estate within the city anymore,” says Bill Morris, a director and chair of the legislative management team at Austin Board of REALTORs (ABoR). “As you get to lower price points, people are forced to move further and further away.” While Round Rock and neighboring Pflugerville may have nice schools, good restaurants, and sports arenas, that’s not why 25,600 people chose to move here in 2013 and 2014, but that’s where they’re ending up. Socar Chatmon-Thomas, a NAR government affairs committee member, has been tracking the MLS on a monthly basis. “I do a study of the houses and zip codes that have sold the most. Over the last five months, all of the top zip codes here have been outside of Austin. That’s because of affordability.”

Pricing out of the system Unless there’s some sort of housing-density and cost-relief solution on the horizon, some experts predict that after people start populating Austin’s border cities, businesses are sure to follow. Right now, lawyers, engineers, and high-paid tech workers can afford high housing costs, but those who labor a few floors below the C-suite have no chance of living in the city – not unless they already own property, will inherit property, or are okay with renting and can find an affordable lease. For the past few years, the median household income in the city has hovered at or under $50,000, an amount that Austin Business Journal says can conceivably qualify for a home valued up to $215,000. In March, ABoR reported that the average home in the Austin area was selling for nearly $335,000. According to a 2015 Real Estate Council of Austin (RECA) affordable housing report, “more than 60 percent of the 100,000 new jobs added in the Austin region in the last decade were in sectors that pay less than $45,000 a year.” ChatmonThomas, a past ABoR chairman, warns that city planners and developers may one day regret not acting fast enough, or at least lament over whether more could have been done. “More and more support staff – including secretaries and maintenance workers, as well as police and firemen – are living in bedroom communities like Kyle, Buda, and Hutto, and drive in to the city every day.” What’s to stop other companies from bypassing Austin altogether and settling in these Austin-adjacent towns?

Upcoming Events Saturday, October 17 NEW COMMUNITY: Bryson Grand Opening 11 a.m. to 3 p.m. - Leander Sunday, October 18 NEW COMMUNITY: Bryson Grand Opening 1 to 4 p.m. - Leander Wednesday, October 21 CRS Bi-Monthly Meeting 11:30 a.m. to 1 p.m. - Westwood Country Club Thursday, October 22 CTAMP Monthly Luncheon 11:30 a.m. to 1:00 p.m. Great Hills Country Club Wednesday, October 28 HBA Elected Officials Appreciation Night & BBQ Bash w/Special Guest Lt. Governor Dan Patrick - 6 to 9 p.m. Phillips Event Center Friday, October 30 ALREC Halloween Bash 9 p .m. to 2 a.m. El Sol y La Luna

Finding a solution “We have a huge affordability problem and a lot of it has to do with years and years of overregulation the city has imposed on the housing and construction industries,” says Geoffrey Tahuahua, vice president of public policy at Home Builders Association (HBA) of Greater Austin.

Front Page: Continued on page 26

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Putting a Face on Real Estate since 1995.™

Partnerships Built on Trust

1. 183 North - Oak Knoll | (512) 795-8434 Front Row: Collin Chunta3, Kim McCarthy1, Stacey Johnson7, Susie McCreary4, Elizabeth Young4, Lacey Warren2, Debra Holloway6 Middle Row: Niki Frost4, Angela Hruska7, Kharon “KC” Clark7, Vicky Wilhelm7, Mandy Dean-Knotts4, Haylie Shearer3, Ashley Smith1 Back Row: Shannon Koebel1, Tracy Caddell6, Kathy Lagaza7, Cathy Bade5, Sarah Scholwinski3, Debbie Rothhammer1, Ernie Perez1 Not Pictured Above: Maria Lopez4, Carol Neubauer5

2. 360 | (512) 328-3596 3. 6th & Lamar | (512) 472-8421 4. Barton Oaks | (512) 472-9231 5. Lake Travis - 620 | (512) 263-5651 6. Lake Travis - Lohmans | (512) 261-7819 7. South MoPac | (512) 306-1120

w w w. g r a c y t i t l e . c o m


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Austin Board of REALTORS®

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President’s Column By Barb Cooper • 2015 President

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October 2015

curve, but you’ll find that this new ABoR.com was designed with you in mind. I’d like to thank the beta-testing members for taking time out of their busy schedules to provide us with their input. It’s been an invaluable part of the process for us to organize information for you to easily find what you need!

The realtor.com agent profiles

This election is special

T

he early voting booths are now open! I always vote early because I can vote anywhere (and avoid the Election Day lines). And this election, I’ll be voting to save homeowners an average of $120 a year. If passed, Proposition 1 will lower property taxes by increasing the state-mandated homestead exemption. Not only that, but it would also permanently prohibit state and local governments from imposing a tax on real estate sales. Show your clients the true REALTOR value and explain the importance of Prop 1 to them. Early voting is open until Oct. 30, so get out the REALTOR vote today! More information and shareable content can be found at TexansForProp1.com.

The ABoR Industry Awards are back Each year, ABoR recognizes the outstanding REALTOR members and one Affiliate member who have contributed to the industry and community. The ABoR Industry Award categories include: REALTOR of the Year, Affiliate of the Year, Salesperson of the Year, Rookie of the

Year, and the Community Service Award. Nominate anyone you deem worthy, including yourself, at ABoR.com/IndyAwards before Nov. 30. Last year’s winners include David Burton (REALTOR of the Year), Sandy Urias (Affiliate of the Year), and Jason Crouch (Community Service Award).

The new ABoR.com If you’ve visited ABoR.com recently, you may have noticed something a little different. Okay…a lot different! We’re excited to launch our new ABoR.com. Designed with you in mind, this website connects you with the information you need. Grab your phone and visit ABoR.com without fear, because it’s now mobile friendly. Quickly find what you need with an improved layout and modern design; one could say it’s “easy on the eyes.” Check out the Resource Library at the top of the site for the documents and training resources you need most on the go. Also, this new site makes it easy to find out what the Board is up to. As with any new site, there will be a learning

By now, you’ve heard about the exciting news from realtor.com and its new agent profiles. As an ABoR MLS subscriber, you’re getting early access to the new agent rating and review system that will enhance your business, brand, and online reputation. Whether you’re a seasoned or a new agent, now’s the time to create your profile and have confirmed clients review you, or have colleagues and friends provide a personal recommendation. The new agent profiles are beautifully designed and easy for consumers to find more information about you, and even find your profile based on the Central Texas area you specialize in, using the new Map View in the Find a REALTOR section. You’ll be able to customize

your profile with your brokerage’s brand, your brand, or the REALTOR brand—no other competitor can offer you that! To claim your realtor. com profile, visit realtor.com/realestateagents, search for your name, click on “view full profile,” click on “claim my profile,” and sign into the Control Panel. Austin is known for embracing innovative technology solutions and the Austin Board of REALTORS is no exception. As a national leader in the industry, ABoR empowers you every day by connecting you to the latest technology to enhance your business. Through close collaboration with realtor.com and NAR, ABoR and our members were selected to lead this new initiative to provide early feedback on solutions that are beneficial to the industry and meet the needs of homeowners in the rapidly expanding online space. Be sure you’re taking advantage of this powerful new tool. As the busy year winds down, please be sure to stay safe on the job. I hope you, your family, and your business continue to succeed! RL

ABoR Academy Educational Courses Oct. 20: Professional Standards for REALTORS (TREC # 03-00-027-28212) Oct. 20: Agent Responsibility (TREC #:03-00-077-28921) Oct. 21: Green MLS: The Key to Unlocking the Green Home Market (TREC #: 04-00-086-27526) Oct. 21: TREC Ethics (TREC #:03-03-125-26393) Oct. 22: Delivering WOW Services for More Listings (TREC #:03-00-067-28944)

More at www.ABoR.com/courses

Buyers are asking... What is title insurance? Why do I need it?

Sound familiar? Your clients have a lot of questions about the title and escrow process. We’ve created the First American Title Ownership Center to help you and your clients with these questions. The content is easy to understand and share.

What is a Closing Disclosure?

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Why do I have to wait three days to close?

Visit firstam.com/ownership.

What happens after I choose a home? How does escrow work? Why are there so many people involved?

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phone

512.328.3794

phone

512.920.0316

phone

www.firstamaustin.com ©2015 First American Financial Corporation and/or its affiliates. All rights reserved. | NYSE: FAF

First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. TX - 10/2015

512.328.3794

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phone

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Contact a Trusted Advisor for more information.


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Former UT football quarterback Vince Young, center, speaks to NAREB members about the youth programs he is involved with. Pictured with Vince are Socar Thomas Chatmon, left, of Elegant Estates by Auction and Robert Wright, NAREB Austin Chapter president. NAREB meets monthly in the ABoR Auditorium. Buy photo: RL_100615_B.jpg at www.myrealtyline.com

Mimi Migliorini, left, Donna Reid, third from left, and Sandee Payne, fourth from left, all of ERA Colonial Real Estate, check out First American Title’s new digs at Wolf Ranch in Georgetown where Beth Action, second from left, and Cassandra Ruiz, right, both of First American Title, give them the grand tour. Buy photo: RL_100715_B.jpg at www.myrealtyline.com

ABoR staff members Jeni Williams, Andrei Lubomudrove and Juan Garza invite folks to “step right up” to buy tickets to win a Harley from the ABoR Foundation. The Foundation raises money each year for area high school scholarships.

Buy photo: RL_100915_L.jpg at www.myrealtyline.com

Buy photo: RL_100115_Q.jpg at www.myrealtyline.com

NOW SELLING!

The Cottages at Scofield Ridge

Your clients can enjoy... • Open floorplans ranging from 1,753 to 3,516 sq. ft. •Great schools in austin isd •being minutes from the Domain and less than 10 miles from downtown austin

...and more!

Contact Robert Eckrich 512.799.4261 RobertE@BrohnHomes.com

Tommy Tucker, Crescent Communities regional vice president, and Kandis Wilberforce, Crescent Communities’ marketing manager, put on a great event to kick off Bryson, the home builder's newest master-planned community in Leander.


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A great new neighborhood is coming to Hutto!

BE READY

We’ve put the finishing touches on some innovative new-home designs, and in a few short months, we’ll be rolling out the red carpet at Villas at Star Ranch in Hutto. Beautiful new homes. A great new neighborhood. Get ready—KB Home is coming.

Villas at Star Ranch in Hutto Coming Soon • 1,315–2,708 sq. ft., 3–6 bdrms., 2–4 baths • convenient to Dell and other major employers • master-planned community with pool and park; planned park with putting green • golf course homesites available Winterfield Dr. and Silkstone St., Hutto, TX 78634 From Hwy. 130, exit Gattis School Rd. heading west. Turn right on Winterfield Dr. to community on the right. (888) 524-6637

Broker Cooperation Welcome. ©2015 KB Home (KBH). No affiliation or sponsorship is intended or implied with Dell, and all trademarks are owned by the trademark owner. Plans, pricing, financing, terms, availability and specifications subject to change/prior sale without notice and may vary by neighborhood, lot location and home series. Buyer responsible for all taxes, insurance and other fees. Sq. footage is approximate. HOA applies. Future development of planned amenities is subject to change and not guaranteed. Photo may depict upgraded landscaping/options and may not represent lowest-priced homes. See sales representative for details. AUS-21153


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October 2015

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Theresa Wilcox, Kim Correa and Veda Jablan, all of First American Title, meet with guests and REALTORS at the company’s ribbon cutting ceremony and grand opening of its new office at Wolf Ranch in Georgetown.

Buy photo: RL_100715_C.jpg at www.myrealtyline.com

Vince Young, former UT football quarterback and national champion, takes the floor to speak to members of NAREB at its monthly meeting. Vince tells members about all of the youth programs he is involved with.

Buy photo: RL_100415_I.jpg at www.myrealtyline.com

Buy photo: RL_100615_F.jpg at www.myrealtyline.com

And this goes out to Mr. WC President from Margaret Kaufmann, Roysanne Baker and Veronica Petterson, all of JB Goodwin REALTORS. The trio dressed up as Marilyn Monroe for the third annual WCREALTORS Wild Ride Scavenger Hunt.


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Williamson County Assoc. of REALTORS®

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President’s Column By Jack Stapleton • 2015 President

The benefits of membership

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015 has been an exciting year for WCREALTORS. Our Association has been hard at work this year tackling tough issues, supporting our local communities, and offering the finest educational opportunities possible. Membership is up over 18 percent, and WCREALTORS has surpassed the 1,600 member mark. Market conditions have seen the same increase across Williamson County, with the median sales price increasing from $175,000 to $245,000 over the past four years. In addition to an increase in sales prices, transaction numbers are steadily increasing. Williamson County is home to a plethora of economic development, new construction, new restaurants, and retail stores which are breaking ground all over the region, and we have a strong and steady buyer demand. According to the 2015 Relocation Report released Oct. 1 by TAR, “The top 10 Texas counties with the highest net gains of residents from other Texas counties were spread all over the state, with three of the top 10 counties located in Central Texas (Williamson, Hays, and Travis)”.

Together is better.

It is a great feeling to watch our marketplace prosper at such a terrific and unprecedented rate. What else has been happening at WCREALTORS in 2015?

Regional MLS Member Survey The Members have spoken, and the results are in: to date, the survey that was sent to our WCREALTORS members has had 243 responses, about 15 percent of our membership responded. Results of the survey show that 66 percent of our membership is in favor of change, 61 percent would be willing to pay for two MLSs if it meant data from New Braunfels to Waco, and 76 percent would choose to belong to a regional MLS. The results of the survey are not a toss up. The percentage favoring change is far higher than any margin of error. It would appear we have significant support from our region, from our DR’s, and from our members. The conversation will continue, so stay tuned.

TREPAC

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October 2015

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TREPAC is an incredibly worthy cause that year after year raises the bar of professionalism in our industry while fighting hard to protect private property and homeownership rights in the great state of Texas. Our 2015 quota of $42,455 was less than our $45,000 goal established by our Board of Directors this year. I am proud to announce that we have exceeded both, and our members have invested over $48,000! Events such as the Bowling Tournament, TREPAC on TAP and the TREPAC Wine Tour all show that with fun and educational events, we can surpass our TREPAC goal and have fun doing it.

serves as a directory of brokerage and affiliate offices within the county.

WCSPECIALIST Certification

Scholarship Foundation

On April 21, the Texas Real Estate Commission approved the Selling Real Estate in Williamson County course for CE credit. The inaugural class was held Sept. 24 and 25 and was packed full of terrific information focused around becoming a Williamson County Specialist. We had a star-studded line up of expert speakers such as Larry Gonzalez, Texas House of Rep. Dist. 52, Veronica Sopher, Assistant Superintendent of Leander ISD, and County Commissioner Cynthia Long, just to name a few. 59 REALTORS walked away with a shiny new certification and a new understanding of Williamson County.

WCLIFE.org Speaking of a new understanding of Williamson County, did you know WCREALTORS developed a community website called WCLIFE that is quickly becoming the HUB of everything Williamson County? Check out the site. Our volunteer members and association staff have developed a site with endless information on Williamson County. Not only does this site have content for you to send your clients, it also

Events WCREALTORS hosts four annual signature events, the Super Bowl of Builders in February, East Side Story Bus Tour in April, a Golf Tournament in May and the WC Wild Ride Scavenger Hunt in September. The members of WCREALTORS have ample opportunities to learn about our wonderful county without having to sit in a classroom. These events foster a culture of networking, education, and fun that makes the WC stand out from the crowd.

One of WCREALTORS best kept secrets is our Scholarship Foundation which provides multiple $1,000 scholarships annually, benefiting Williamson County graduating high school seniors. If you are looking for a way to give back to your community, this committee is a terrific place to invest your volunteer hours. It will not only help your community but gain some bragging rights with your spheres.

Food Drive This past July WCREALTORS hosted our second annual Food Drive. Members took to the streets knocking on doors in the spirit of combating hunger in Williamson County. Over two tons of food was collected to help the residents of the WC. This has become a signature event that I hope to see continue far into the future. We appreciate our current membership and are excited to have so many new REALTORS joining us. Our outlook is positive, and yet, we have room for more. So come join our amazing organization. We would love the opportunity to have you as a member! RL

JOIN THE

MOVERS & SHAKERS At RE/MAX, you’re among real estate agents who take themselves seriously. We’re talking forward-thinking professionals who do anything but ride on the coattails of others. We’re a talented league of agents – and you’re a perfect fit. Join our team.

©2015 RE/MAX, LLC. Each RE/MAX® office is independently owned and operated. 15-39450


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Team Crescent Communities celebrates the grand opening of Bryson, its new Leander community, with the Bryson Sales Team and REALTORS while hosting a special VIP REALTOR Grand Opening.

Buy photo: RL_100915_M.jpg at www.myrealtyline.com

Guaranteed Rate Mortgage Lakeway treats its employees to a pizza lunch. Pictured left to right are Josh Blitz, Kiffin Klos, Erin Coronado, Jack Lieberman, Angelica Rodriguez, and Caitlin Arambula (not pictured: Walter Cobb).

Submitted Photo

Sharon Eaton of Keller Williams Realty, Debra Groch of Avalar Austin, Janet Thomas and Summer Present, both of DHI Mortgage, enjoy a sample of the local wines at the TREPAC Wine Tasting fundraiser at ABoR. Buy photo: RL_090115_H.jpg at www.myrealtyline.com Buy photo: RL_100115_I.jpg at www.myrealtyline.com

Michelle Gundiach and Heather Smith, both of Keller Williams Realty, head to the starting line at the WCREALTORS Wild Ride Scavenger Hunt.

A Big Congratulations is in Order Please join us in wishing her success in her new position!

We’re �cited to announce our

New Division Sales Manager We are thrilled to announce our appointment of Connie Hentosh as our

Let Cadence Bank help grow your business!

new Austin Division Sales manager. Connie has been with us in the capacity of Market Manager for the last year.

At Cadence, we are committed to delivering you competitive 2nd lien rates and the highest quality service in the industry. Cadence Bank offers:

Connie came to us with over 15 years of experience in builder sales, real estate

• •

development and general real estate. She holds a B.A. from The University of

Purchase Money 2nd Liens Home Equity 2nd Liens

Home Improvement 2nd Liens

Texas at Austin. Connie will be taking over management duties of a tenured sales team with existing locations throughout Austin, with other location

Connie Hentosh Division Sales Manager

expected to open in 2016.

Gretchen Rossington, NMLS# 555982 Account Manager 512-484-1860 gretchen.rossington@cadencebank.com www.cadence2nds.com

dreeshomes.com Ask about the Drees Two-Step Realtor Reward & Relocation Programs.

Loans are subject to credit approval. Cadence Mortgage is a division of Cadence Bank, N.A.NMLS# 525022

EQUAL HOUSING

LENDER


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AUSTIN TITLE ROUND ROCK WELCOMES ESCROW OFFICER VERONICA HARRISON AND HER TEAM

Veronica Harrison, Escrow Officer veronica.harrison@austintitle.com 512-879-9451 Office

Krystal Watts, Escrow Assistant krystal.watts@austintitle.com 512-879-9452 Office

After seven years in our North Mopac Branch, I am expanding my business to Round Rock where I have lived for 26 years and raised my family. I have worked for the same title company for 15+ years, which shows my loyalty and dedication to my clients. My assistant, Krystal Watts, a Williamson County native, has been in the title industry for 14+ years and on my team for four. With our combined experience, we will we deliver a smooth and happy closing for you and your customers. Call us today to ensure your next transaction is a success!

Veronica and Krystal

THE SUMMIT AT LA FRONTERA/810 HESTERS CROSSING, STE. 155, ROUND ROCK, TX 78681 512-244-2266 OFFICE • WWW.AUSTINTITLE.COM

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Crescent Communities’ new Bryson community in Leander has generated a ton of interest from REALTORS. These are just some of the REALTORS who attended the VIP REALTOR Grand Opening event.

Buy photo: RL_100915_K.jpg at www.myrealtyline.com

Sharon Rosshirt of Stanberry & Associates and Judith Bundschuh of Catalyst Realty toast to raising funds for TREPAC while attending the TREPAC Wine Tasting fundraiser at ABoR.

Buy photo: RL_101015_K.JPG at www.myrealtyline.com

Mary Lynn Gibbs, right, congratulates Amber Hart on the coming of her baby. The two Keller Williams Realty veterans enjoy the evening at the PT50 REALTORS Black and White Party at the Lakeway Resort and Spa.

Buy photo: RL_100115_S.jpg at www.myrealtyline.com

Building Spooktacular Homes

IS NOW

We are

growing to better support your business

Welcome our newest Mortgage Loan Originator,

MAGGIE NYLAND

Host an Open House in our Community 512.745.9443 weloverealtors@centurycommunities.com

She is excited to be a part of our team and looks forward to providing new opportunities for clients.

DHI Mortgage customers enjoy: 195

Williams Dr.

Rd .

2 ll

11

Lake Georgetown

3

Sh e

195

183

35

Leander

35 FM 14

43

12

0

31

Cedar Park

RR

620

RR

22

98

79

110

Round Rock

Crystal Falls Pkwy

FM 14

Limmer Loop

31

62

4

10

RR

FM 22

45

130

71

22

6

Pflugerville

13

1

Lake Austin

9 10

35

Austin

1

7 12

150

290

Butler Ranch Rd

163

45

3. HERITAGE OAKS 4805 Big Bend Trail Georgetown, TX 78633 512.930.4005 HIGH $200s

9. ROUGH HOLLOW 303 Borgo Allegri Cove Lakeway, TX 78738 512.271.3823 LOW $400S

4. CRYSTAL FALLS 3203 Crystal Falls Parkway Leander, TX 78641 512.931.2800 LOW $500s

10. REAGAN’S OVERLOOK 2900 Vista Heights Leander, TX 78641 LOW $400S 512.271.3787

5. RIMROCK 1043 Arbor Canyon Pass Driftwood, TX 78612 512.354.1940 MID $400s

11. BLACKHAWK 20425 Martin Lane Pflugerville, TX 78660 512.271.3790 LOW $300S

6. AVALON 3805 Glastonbury Trail Pflugerville, TX 78660 512.271.3884 HIGH $200s

12. PEARSON PLACE AT AVERY RANCH 10105 Double Eagle Pass Austin, TX 78717 512.271.3855 LOW $400S

• • • •

Local teams work with you face-to-face Personal service for your clients Competitive interest rates Convenient online prequalification

Maggie Nyland

Mortgage Loan Originator, NMLS #1321859

290

Bee Creek Pkwy

Dripping Springs

8. SIENA 7021 Leonardo Drive Round Rock, TX 78665 512.271.3785 LOW $200s

Rowe Lane

11 Kelly Lane

Lake Travis

Lakeway

1. WOODLAND PARK 101 W. Redbud Meadow Georgetown, TX 78633 512.930.4043 LOW $400s

Georgetown Ronald Reagan Blvd

bout Ask A or 29 Liberty Hill a Re lt S INCENTIVE

35

1826

5

www.CenturyCommunities.com/Austin Century Communities is proud to be verified by the internationally-recognized LEED for Homes Green Building Program. A LEED-certified home is designed and constructed in accordance with the rigorous guidelines of the LEED for Homes green building certification program. LEED for Homes is a consensus-developed, third party verified, voluntary rating system which promotes the design and construction of high-performance green homes. Prices, plans, and features are subject to change without notice. Upgrade elevations may reflect a higher price. Photos are not necessarily reflective of current standard features. 08.27.2015

7. BUTLER RANCH 145 Lloyd Lane Dripping Springs, TX 78620 512.271.3784 LOW $400S

www.dhimortgage.com

10700 Pecan Park Blvd., Suite 200 Austin, TX 78750 Direct: 512-533-5457 | Cell: 512-348-9966 Efax: 844-263-4716 MANyland@dhimortgage.com

Financing offered by DHI Mortgage Company, Ltd. 10700 Pecan Park Blvd., Suite 200, Austin, TX 78750. Branch NMLS #38686. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit www.dhimortgage.com/affiliate/. Provided for informational purposes only. This is not a commitment to lend. Not all borrowers will qualify. REV: 09/22/15 | EXP: 09/22/16


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October 2015

Newland Communities would like to recognize its

THIRD QUARTER 2015 TOP TEN These high-performing Real Estate Professionals worked with Newland Communities Austin and its builder partners to achieve significant new home sales at Falcon Pointe, Rancho Sienna, Sweetwater, and Teravista in 2015:

SIJO VADAKKAN Broker, Trinity Texas Realty Inc., Round Rock, TX “Newland’s communities are thoughtfully designed and well-planned with great builders, good schools, and lots of amenities. Newland Communities are easily accessible for home buyers. As a Realtor, I feel I have more credibility when I tour with our clients throughout Newland Communities.”

DAT LE Austin American Realty, Austin, TX “I find it easy to sell new homes in communities developed by Newland; the locations and prices are right and the builders are sincere and cooperative.”

MICHAEL UNDERWOOD Rave Real Estate, Austin, TX “I’ve had the fortune of placing two great families in Sweetwater, and they were the most pleasant transactions I have ever had with zero complaints from my clients. The great customer experience is what we all strive for in this business and the Newland/Sweetwater staff has helped me achieve that consistently and makes me want to return with more business.”

Ray Alvarez, Berkshire Hathaway HomeServices, Austin, TX Polly Eagle, Coldwell Banker United, Realtors, Austin, TX Gilbert Gonzalez, Keller Williams, Cedar Park, TX James Matias, Advantage Austin Properties, Austin, TX Don Miller, Sky Realty, Austin, TX Terri Romere, Broker, Keller Williams, Round Rock, TX Lynn Yuan, Broker, Austin 360 Home, Austin, TX We appreciate your efforts to market and sell in our new-home communities. Thank you! Newland Communities is the largest private developer of planned residential and urban mixed-use communities in the United States from coast-to-coast. Together with our partner, North America Sekisui House, LLC, we believe it is our responsibility to create enduring, healthier communities for people to live life in ways that matter most to them. www.newlandcommunities.com and www.nashcommunities.com

This is not intended to be an offer to sell nor a solicitation of offers to buy real estate in Falcon Pointe, Rancho Sienna, Sweetwater, or Teravista to residents of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey, and Oregon, or in any other jurisdiction where prohibited by law. No guarantee can be made that completion of the Falcon Pointe, Rancho Sienna, Sweetwater, or Teravista communities will proceed as described. © 2015 Falcon Pointe, Rancho Sienna, Sweetwater, Teravista. All Rights Reserved.

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Long-time friends John Horton of John Horton Realty, a Private Label Realty company, Cathy Coneway of Stanberry & Associates, Leonard Guerrero of JB Goodwin, REALTORS and Jay Gohil of Jay Gohil Realty gather for the food and festivities at the TREPAC Wine Tasting at the ABoR offices. All are past ABoR Presidents. Buy photo: RL_100115_A.jpg at www.myrealtyline.com

David Thompson, Gary Wakefield and Bruce Berman, all of Coldwell Banker United REALTORS, are all up early to hear about the company’s new product line for agents. The three attended the company-wide meeting at the Westin at the Domain. Buy photo: RL_100515_I.jpg at www.myrealtyline.com

Builders, price and location make Bryson in Leander an easy sell for these REALTORS. They attended a VIP REALTOR Grand Opening to learn more about the community. Pictured left to right are Karin Reinhardt of Coldwell Banker United, REALTORS and Cheryl Stephens of 98th Meridian.

Buy photo: RL_100315_D.jpg at www.myrealtyline.com Buy photo: RL_100915_C.jpg at www.myrealtyline.com

Chelsea Timmons and Julie Kostelecky, both of Pacesetter Homes, welcome REALTORS on tour in Blanco Vista in San Marcos to the builder’s model home.


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Tess O’Neill and Daniela Villante, both of Lennar, give Kay Bower, right, of Sky Realty a tour of their new model in Stonefield in Buda.

Buy photo: RL_100215_C.jpg at www.myrealtyline.com

Beth Young with RE/ MAX Capital City gets ready to take off at the 25th Annual Lake Travis Hot Air Balloon Flight.

Submitted Photo

Chera Johnson of United Lending, Jennifer Garza and Trisha McIntire, both of Platinum Realty, Mia Sanchez of Reilly Realtors, Krystle McCarley and Crisana Gibson, both of Platinum Realty, are looking sharp at the PT50 REALTORS Black and White Party at the Lakeway Resort and Spa.

Buy photo: RL_080215_G.jpg at www.myrealtyline.com

Sally Decelis of RE/MAX Round Rock and David Castejilla of RE/MAX Capital City got the wrong memo. They arrived at the WCREALTORS Wild Ride Scavenger Hunt ready for a tailgate party.

Buy photo: RL_101015_Q.JPG at www.myrealtyline.com

Austin American Statesmen Best Places to Work 2014 + 2015 Fastest Growing Companies in Central Texas

Congrats to Our Newest Team Members!!!

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David Curran

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Carmen Nichols


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These three ladies are about to assume their positions as 2016 officers of the Women’s Council of REALTORS Austin Chapter. Once officially installed, Anita Ferrell, left, will be named secretary, Ruby Johnson, center, will be president and Becky DeButts, right, will be president-elect. Congrats ladies!

Buy photo: RL_100815_A.jpg at www.myrealtyline.com

Darrelyn Dyer and Jeanette Wright, both of Coldwell Banker United REALTORS, are thrilled to pose for a picture while attending the company wide meeting—since this is their first time in Realty Line.

Buy photo: RL_100215_A.jpg at www.myrealtyline.com Buy photo: RL_100515_C.jpg at www.myrealtyline.com

Gary Hoffarth of Austin Advantage Realty tells Sally Cohan of Lennar how beautiful the new model is at Stonefield in Buda.

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President’s Column By Walt Elias • 2015 President

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Benefit Home for sale; proceeds benefit Ronald McDonald House & Dell Children's Medical Center

ast month the HBA celebrated the completion of a special “Benefit Home” in Rancho Sienna, a new-home community being developed by Newland Communities in northwestern Williamson County. The Nathaniel, a two-story home, built by Chesmar Homes, is 2,838 sq. ft. and features four bedrooms, four bathrooms, a game room, and an oversized two-car garage. Led by Chesmar Homes, HBA members work together to solicit materials and donations to help build the new home. The majority of proceeds generated from the sale will benefit Ronald McDonald House and Dell Children’s Medical Center. “The HBA has a long standing history of giving back to our community through charitable donations and we are proud of that,” says HBA Chief Executive Officer Emily Lubbers. Last year, the HBA donated more than $50,000, over half the net proceeds from the sale of the 2014 Benefit Home, to Dell Children’s Medical Center of Central Texas and the Ronald McDonald House. To date, the HBA has supported dozens of local charities and educational institutions with more than

LMM20419_AustinRealtyLineAd_0915.indd 1

www.myRealtyLine.com to live closer to family and nature. “Rancho Sienna is a great place to reconnect with family and friends, which is especially important during times of stress. We hope the proceeds will benefit families in their most vulnerable moments,” says Vaike

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O’Grady, Newland Communities marketing director and VP of special projects for the HBA. For more information, call Erin Jordan at Chesmar Homes (512) 289-3115 for information. RL

$2,000,000 in donations. “Chesmar Homes is honored to have been selected to assist the HBA in its annual Benefit Home project,” says Sean Chandler, president of Chesmar Homes. “I can’t think of a more worthy cause to give to than those who help our precious children and their families in their time of need. Dell Children’s Medical Center and the Ronald McDonald House are great local resources.” Chesmar Homes has led the effort to vendors to contribute to the home’s construction. The Nathaniel plan is one of the builder’s most popular designs. Newland Communities provided the homesite at a significant discount in its new community of Rancho Sienna, located on Ronald Reagan Boulevard along one of Austin’s fastest-growing residential corridors. The community is situated on the eastern edge of the Texas Hill Country and features ample tree cover, rolling hills and amazing views and natural open space, all connected by a community trail system. The Rancho Sienna community is convenient to commuting routes into Austin, and is perfect for those wanting

10/5/15 10:35 AM


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austin

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HELP YOUR CLIENTS

RIGHT-SIZE

THEIR LIVES

Your clients can be among the first to select the condo home design and location they prefer. Customers who purchase now will be eligible for our Condo Founders Program and receive one of the following incentives:

• A move-in appliance package: - Duet High Efficiency Front Load Washer

Buy photo: RL_100515_F.jpg at www.myrealtyline.com

Jacquelyn Fraley and Iletra Lawrence, both of Coldwell Banker United REALTORS, find good seats for the company wide meeting where it was standing room only.

BIG NEWS!

- Duet High Efficiency Electric Dryer - Side by Side Energy Star Refrigerator

LISTINGS SOLD VOLUME IN THE LAST 12 MONTHS

- 2” Faux Wood Blinds

IN AUSTIN IS UP 10.85%

• $5,000 upgrade allowance at the Design Center • $5,000 allowance for move specialist services by professional right-size expert Barry Iszak

But hurry, only 8 remaining Condo Founders offers available.

23.39%

THE KELLER WILLIAMS REALTY SOUTHWEST MARKET CENTER CLOSED LISTING VOLUME IS UP 23.39%

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AUG 14 - JUL 15

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CHANGE

AUSTIN MLS

$11,062,358,926

$9,979,864,766

$10,981,384,049

% CHANGE 10.85%

KW SWMC

$954,008,753

$773,147,180

$180,861,573

23.39%

THESE NUMBERS VALIDATE WHAT WE ALREADY KNOW: Keller Williams Realty is simply the best platform for success in real estate. If you want to sell your home, buy a home, invest in real estate, or get your real estate career rolling again, contact us at 512.448.4111.

Prices are subject to change without notice. Exclusively marketed by Legacy International Resort Properties. Obtain the Property Report required by federal law and read it before signing anything. No federal agency has judged the merits of value, if any, of this property.

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Get More Choices

You Make the Call! From October 1st to November 15th, your clients get to make the call on their choice of bonus options when they build a new M/I home.

Buy photo: RL_101015_M.JPG at www.myrealtyline.com

Alicia Kelley of Realty Austin and Matt Leschber of 1836 Property Management cut the rug at the PT50 REALTORS Black and White Party.

CHOOSE AN OPTION*: Score on the Ground: Half Off Lot Premiums. They choose the homesite of their dreams and save!** Hard Hitting Free Hardwood In their new Family Room and Entry*** Fantasy Pick! Free Kitchen Upgrades! 36� Cooktop, Hood Vent, Refrigerator and Microwave****

Contact Melissa at 512.265.0288 or salesaustin@mihomes.com

*Cannot be combined with any other incentive **1/2 off lot premiums cannot exceed $10,000 ***Free hardwood flooring includes level two wood floors in the family room and entry. If higher level wood selected in family and entry, the difference in price must be paid for the buyer. Hardwood in additional areas of the home must be paid for by the buyer.****Level 4, 36-inch cooktop and vent, level 3 microwave, and level 2 refrigerator (asterisk needs to be on Microwave)

Austin-Realty Line Ad 5"x13" 9-15 .indd 1

10/1/15 1:35 PM


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October 2015

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now open in leander At Bryson, you can experience a rural way of life in a master-planned community that blends indoor and outdoor living. Set in the midst of the quintessential Texas Hill Country, Bryson has a unique character with our one-of-a-kind Farmhouse, Craftsman, and Traditional home designs from four of the most prestigious builders in Texas. Close to the city and out in the country, Bryson is where you can embrace living life at your own perfect pace. Come and tour our model homes to experience it for yourself. n 183A

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October 2015

Movie night at the Belterra Pool.

Live the best of both worlds

Downtown movie night in Austin.

Welcome to Belterra, voted Austin’s 2015 Master-Planned Community of the Year. Where you can enjoy Downtown movie night in Austin, just minutes away, or a one-of-kind poolside movie experience in your own community! At Belterra, we create the best of both worlds.

belterratexas.com / 512.301.5000 / New homes from the $300s to $700s

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The Realty Austin crew makes an appearance at the PT50 REALTORS Black and White Party.

Buy photo: RL_101015_N.JPG at www.myrealtyline.com

It’s time to get down to business. Teresa Recar and Monika Suhnholz, both of Coldwell Banker United REALTORS, arrive in style at the company-wide meeting held at the Westin at the Domain.

Buy photo: RL_100915_G.jpg at www.myrealtyline.com

Crescent Communities Regional VP Tommy Tucker informs REALTORS of what to expect at Bryson, including the number of homes, builders, HOA fees and amenities.

Buy photo: RL_100515_M.jpg at www.myrealtyline.com

Reach 10,000+ REALTORS Monthly! It’s Really a No Brainer! No Other Publication: • Is direct mailed to this many REALTORS every month. • Offers FREE PUBLICITY benefits with your ad*. • Costs as little as $410 per ad**.

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*Benefits vary by ad size and contract duration. Ask for details. **Published price for a 12x, black and white, quarter page ad.


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Austin CRS Chapter

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President ‘s Column By Michelle Busby • 2015 President

A

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October 2015

ingSmarts class. 5) Check out Mueller’s Affordable Homes Program. 6) Visit the Housing Authority of the City of Austin (HACA) for details about their Homeownership Down Payment Assistance Program. 7) Use resources provided by the Texas State Affordable Housing Corporation

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(TSAHC). 8) Research programs provided by TexasHomePrograms.org. 9) Check out resources available through the Texas Department of Housing and Community Affairs. 10) If you have clients looking outside of local city limits or in rural areas, make use of USDA benefit programs. RL

Know your housing affordability resources

ustin’s population typically doubles every 20 years, and it’s no secret that our secret is out. According to the MLS report released last month by the Austin Board of REALTORS, the median home price in Austin has outpaced household income growth. Recent data from the U.S. Bureau of Labor Statistics shows that about 65 percent of our area’s professionals earn less than $50,000 per year. With the general rule of thumb that housing costs should be less than 30 percent of gross monthly income, the corresponding mortgage payment equals a price range of between $200,000 and $215,000. Our median price sits at $265,000, and the median home price has increased a whopping $65,000 in five years. While the Housing Opportunity Index (comparing median price, median income and relative interest rates) indicates that Austin housing affordability is roughly the same as it was in the late 1990s, Martin Prosperity ranks Austin-Round Rock first in the top 10 large metros with the highest levels of economic segregation (the degree to which

neighborhoods are made up of people in the same economic level). Long-term solutions like a citywide affordability initiative, mass transit programs and the addition of new homes to the supply of homes, are in the mix, but painfully slow in coming to fruition. In the meantime, how can you best help your buyers facing affordability issues? I’ve outlined ideas below; please note: your clients will need to qualify and mortgage lenders often need to be approved to participate. 1) Partner with a knowledgeable mortgage lender who is particularly well-versed in the down payment assistance programs available to buyers. 2) Utilize the city’s Down Payment Assistance program(provided by Neighborhood Housing and Community Development, or NHCD). 3) Familiarize yourself with the city’s Homebuyer Assistance programs (provided by NHCD). 4) Encourage your first time or displaced homebuyers to attend a Hous-

Buy photo: RL_100515_H.jpg at www.myrealtyline.com

Coldwell Banker United REALTORS Austin leadership rolls out the new product line for agents at the company wide meeting held at the Westin at the Domain. Pictured left to right are David Pruitt, Ann Buck, Helen Edwards and Valarie Lyday.

Wildflowers and views for miles.


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The Coldwell Banker United REALTORS team works together and has fun together. They attended the PT50 REALTORS Black and White Party at the Lakeway Resort and Spa.

Buy photo: RL_101015_O.JPG at www.myrealtyline.com

Austin Mayor Steve Adler, center, joins ABoR leadership and members to support the industry. Pictured left to right with Mayor Adler are ABoR CEO Paul Hilgers, Bill Evans, Past ABoR President and ABoR President Barb Cooper and Tami Baker, TREPAC chair. Buy photo: RL_100115_T.jpg at www.myrealtyline.com

David Thompson, Gary Wakefiled and Bruce Bersman, all of Coldwell Banker United REALTORS are all up early to hear about the company’s new product line for agents. The three attend the company-wide meeting at the Westin at the Domain.

Buy photo: RL_100315_A.jpg at www.myrealtyline.com

Buy photo: RL_100515_D.jpg at www.myrealtyline.com

Lauren Alvarez of Bella Via Realty, Sandre Alvarez of Coldwell Banker United, REALTORS and David Thompson of Coldwell Banker United, REALTORS tour one of the model homes in Blanco Vista in San Marcos.


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Putting a Face on Real Estate since 1995

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Christine Engler of Capstar Lending and Kacy Dolce of Kuper Sotheby’s International Realty enjoy the great view and a glass of wine on a beautiful Austin day while attending the TREPAC Wine Tasting at the new ABoR offices.

Buy photo: RL_100115_L.jpg at www.myrealtyline.com

Valarie Lyday and Helen Edwards, both of Coldwell Banker United REALTORS, get the meeting started for a full house at the company wide meeting held at the Westin at the Domain.

Buy photo: RL_101015_P.JPG at www.myrealtyline.com

Buy photo: RL_100515_L.jpg at www.myrealtyline.com

Natalie Jack of Legacy Mutual Mortgage and Josh Penland of Sente Mortgage always have a good time together and the PT50 REALTORS Black and White party is no different. The two have some laughs while posing for a photo with Realty Line.


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Additionally, Homes by Avi properties can be customized based on the needs and desires

Homes by Avi

of the individual homebuyer. “We have various configurations on all of our single-family homes to accommodate the various needs of any individual, couple or family,” Gilley says.

A S S O C I AT E S I N P R O G R E S S - A d v e r t i s e r P r o f i l e b y K a t i e B r o w n

H

omes by Avi broke into the Austin market in 2006 when asked by Brookfield Developers to help es-

tablish the Blanco Vista subdivision. Backed by nearly 40 years of homebuilding experience, Homes by Avi is recognized as one of the premier builders in North America and was excited to expand into Texas.

“Custom cabinets and granite countertops are

tinue to look for great opportunities in communities that provide the homeowner a great backdrop in which to live their lives.” With a Homes by Avi property, there’s truly something for every type of homebuyer. “Whether first-time homebuyers, young professionals, families, empty nesters or retirees,

a standard in all our homes.” From the beginning, Homes by Avi has made a commitment to responsible growth and building environmentally friendly properties. In Austin in particular, the area has seen significant expansion over the past decade. During this time, Homes by Avi remained committed to assisting in steady, responsible Dana Gilley, Sales & Marketing Manager

“Since 2006, we have expanded into many communities in the Austin area,” says Dana Gilley, sales and marketing manager for Homes by Avi. “We are a proud Austin company that intends to continue growing our business with the bright and talented people that make up the Homes by Avi team.” As of today, Homes by Avi has built more than 200 homes in seven communities

We will be opening homes in Easton, Goodnight Ranch and Whisper Valley in the next few months...

throughout Austin and the surrounding area.

Looking forward as Austin and the surrounding areas continue to expand, more communities and homes will be developed to meet the city’s growing population and needs. While growth is enviable, Homes by Avi’s sustainable, efficient building practices will ensure that Austin homebuyers find their dream properties.

Currently, while Homes by Avi is building sin-

“Ultimately, the team at Homes by Avi re-

gle family and shop homes in master-planned

we have all types of homeowners,” Gilley says.

communities such as Blanco Vista, Plum

“Consumers have the option of both choosing

Creek in Kyle, Walsh Trails in Cedar Park, Addison in Southwest Austin and Mueller, much more is on the horizon.

growth for the city and its surrounding areas

ally cares about delivering a great home to our

so that Austin continues to remain known for

clients,” Gilley says. “Our plans are beautiful

a to-be-built home that they can specify right

its innovation, technology and friendly atti-

and provide different styles and configuration

from the beginning, or we offer many inven-

tude. In conjunction with a commitment to

to fit almost any domestic situation. Our at-

tory homes that are available now or within

innovation and responsible growth, Homes

tention is on the details, and our commitment

“We will be opening homes in Easton,

the near future. We have single-story, two-

by Avi has made a conscience effort to ensure

is to building a solid, well-built home. We

Goodnight Ranch and Whisper Valley in the

story, row homes, shop houses available, and

that they provide homes that are 100 percent

pride ourselves in using the best trades we can

next few months,” Gilley says. “We will con-

duplexes are coming soon.”

Energy Star Certified.

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October 2015 Front Page: Continued

The RECA report suggests that the city can build its way out of this crisis, “but only if it encourages housing of all types for a variety of income levels in neighborhoods throughout the city.” “What really works inside the city in the urban core is density,” says Morris. Building affordable condos, rather than single-family homes, will especially help Austin’s working class become homeowners. Density is the only way to go for areas like downtown and central Austin where small parcels of available land can only accommodate just three or four stand-alone homes, but will easily fit 200 to 300 one or two-bedroom condo units. The cost of the land alone makes building single-family dwellings extraordinarily impractical. RECA estimates that the city needs no less than 69,000 units by 2025, just to accommodate new-resident projections. However, the nonprofit is actually putting a call out for 100,000 new housing units over the next decade, just to be safe. Why aim so high? According to the 2015 report, “[this is the best way] to stay ahead of our continued growth and bring more balance to the housing market.” Right now builders are putting out approximately 5,500 to 8,000 units a year, says HBA’s Tahuahua, rather than the 10,000 per year needed to hit the 2025 goal. “We’re at this point where we can’t push faster because the city can’t process the permits fast enough. Their policies don’t allow them to.” So even if developers are ready to build, there are laws and codes on the books that are getting in everyone’s way.

It’s not getting better anytime soon Chatmon-Thomas says that she, and nearly every agent she knows, has been in a situation where a client has gotten turned down on bid af-

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ter bid. A few months ago one client, who could afford to spend up to $250,000, was getting outbid on every property he was interested in. “We’re on everybody’s list of the best place to live and the cheapest place to live,” says Chatmon-Thomas. Which means people are going to continue moving here and continue putting pressure on a housing market that’s more in demand every day.

austin

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For now, experts are encouraging agents to join government affairs committees with ABoR, Williamson County Association of REALTORS, and Texas Association of REALTORS, to name a few. “Our job is public relations, get information out to lawmakers, city council, and consumers and let them know where we stand so they can make an informed decision,” says ChatmonThomas. The very least amount of time volunteers will need to commit is about two hours per week. But as you move up the ranks, it can be like having another full-time job. Even if you think that wrangling down the price of real estate is futile, think about what this could mean for the future of the city. Emily Lubbers, HBA chief executive officer, says “When you look at what happens when someone owns a home, you end up with all of these positive statistics. For example, children are more likely to graduate from high school.” Home ownership is linked to a host of positive outcomes, including lower crime, better school districts and civic involvement. Those who don’t have time to join a committee can still be part of the solution, says Lubbers. Connecting with associations that represent the market will help bring awareness to the efforts they’re working on and, as an industry insider, providing testimony is tremendously helpful. RL

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P. O. Box 81366 • Austin, Texas 78708-1366 (512) 821-1900 www.myRealtyLine.com E-mail: info@myRealtyLine.com

Publisher: Doren L. Carver doren@myRealtyLine.com

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Managing Editor: Naomi Bludworth naomi@myRealtyLine.com

Contributing Editor: Linda McNabb

Contributing Writers: Riki Markowitz, Katie Brown, Naomi Bludworth

Contributing Photographers: Doren L. Carver, Philip Haustein

What you can do

For the future of Austin

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Putting a Face on Real Estate since 1995

Columnists: Barb Cooper, Jack Stapleton, Walt Elias, Michelle Busby Submission Guidelines: Submit photos, press releases and calendar items to naomi@myrealtyline.com. All photos must be at least 300 dpi and include a caption with first/last name and company affiliation. Press releases must be fewer than 300 words. Non-advertisers submitting calendar items will be charged $25 per submission. All submissions must be received at least seven calendar days prior to ad copy deadlines published at www.myrealtyline.com/blog/advertise.html. Submission items will be included as space allows. Realty Line Austin is published monthly by Caxton Publications, Inc.© as a non-subscription publication for the more than 8,000 members of the Austin Board of REALTORS®(ABoR), the more than 1,500 members of the Williamson County Association of REALTORS® (WCREALTORS) and the Home Builders Association (HBA) of Greater Austin. Realty Line Austin is printed on recycled paper. Realty Line Austin is a proud member of the Austin Board of REALTORS®, the Williamson County Association of REALTORS®, the Home Builders Association (HBA) of Greater Austin and is a honorary member of the Women’s Council of REALTORS. Realty Line Austin is not responsible for opinions or facts expressed by non-staff writers or for errors and any by-products in advertising or editorial copy. REALTOR® is a registered trademark. The word REALTOR® sometimes appears in this publication without the registered trademark symbol (®) for the purpose of saving space. Wherever the word REALTOR® appears in this publication, the registered trademark should be assumed.

tour witH Your clieNt to wiN $500 Nordstrom GiFt card

Get to know your neiGhbors Friendly Santa Rita Ranch Discover the reasons to live in the Austin area’s premier master-planned community, Hill Country style. Make a splash in our Jr. Olympic leisure & lap pool, kids splash park and two 2-story waterslides. Take off on an adventure on miles of nature trails connected to the north end of Santa Rita, and our 1st community trail head is opening Fall of 2015. All of these amenities and so much more for a low monthly HOA fee of $45. See all the reasons we’re the best place to call home at SantaRitaRanchAustin.com.

New Homes From tHe $200s - $700s saNtaritaraNcHaustiN.com 512.201.8575


ITCbalconies100115RLc.pdf Putting a Face on Real Estate since 1995.™ 1

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RL

3:40 PM austin

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Putting a Face on Real Estate since 1995

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October 2015

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October 2015

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austin

Putting a Face on Real Estate since 1995.™

TM

Putting a Face on Real Estate since 1995

Jill Cole, Jannette Friend Harrington and Doug Harrington, all of Coldwell Banker United, REALTORS attend a company wide meeting at the Westin at the Domain.

Buy photo: RL_100515_D.jpg at www.myrealtyline.com

Jennifer Lish of Keller Williams Realty, Patricia Wagner of DHI Mortgage and David Teague of Prime Lending, say “good morning Austin” as they get ready to start the program at the WCR breakfast meeting in the ABoR Auditorium.

Buy photo: RL_100815_E.jpg at www.myrealtyline.com

Tessa Truair and Stephanie Clark, both of Grand Haven Homes and Amy Elizondo of Sente Mortgage are glad to see Lake Travis so full. The three attended the PT50 REALTORS Black and White Party at the Lakeway Resort & Spa.

Buy photo: RL_100715_H.jpg at www.myrealtyline.com

Wende Woods and Jason Vasek, both of First American Title, celebrate the grand opening of the company’s new office at Wolf Creek in Georgetown. Wende is the new branch manager there.

Buy photo: RL_101015_J.JPG at www.myrealtyline.com

PrimeLending Capital City Conventional, FHA, VA, USDA, & Jumbo to name only a few loan products!

Candy Buzan Branch Manager The Candy Buzan Team

Max Leaman Branch Manager The Leaman Team

Kim Nielsen Production Manager The Candy Buzan Team

Amy Bailey Oehler Production Manager The Leaman Team

Marie Cyr

Diane M. Clark

Missy Driskell

Jori Stern

Sherri Eckert

Amanda Stewart

The Leaman Team

The Leaman Team

The Leaman Team

Trudy Savage

Eiric Smith

Mary Kennedy

Two Great Locations! © 2015 PrimeLending, a PlainsCapital Company. PrimeLending, a PlainsCapital Company (NMLS: 13649) is a wholly owned subsidiary of a state-chartered bank and is an exempt lender TX V121013. NMLS 268025 (Clark), NMLS 179666 (Kennedy), NMLS 180066 (Driskell), NMLS 180854 (Savage), NMLS 151263 (Leaman), NMLS 225339 (Bailey), NMLS 177299 (Stern), NMLS 357516 (Eckert).

810 Hester’s Crossing, Suite 150 Round Rock, TX 78681 3724 Executive Center Drive, Suite 110 Austin, TX 78731


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Putting a Face on Real Estate since 1995.™

austin

www.myRealtyLine.com

TM

Putting a Face on Real Estate since 1995

October 2015

In the finest communities across the Austin area. 183

1

Georgetown

29

29

Provence Collection From the mid $400s 79 780 Bluff Woods Drive, Driftwood, 78619 Contact: Jeff 512-796-0683

5 35

130

4

N

2

79

Round Rock 45

map not to scale

Taylor

ROUGH HOLLOW Overlook Ridge - Gallery Collection From the high $300s 116 Blue Clearing Way, Austin 78738 95 Contact: Denise Dianne 949-463-8157

183A

Cedar Park

RIM ROCK

The Vineyards - Grandview Collection Paired Homes Coming Soon! From the $300s For Appointment: Denise Dianne 949-463-8157 95 35

71

Lakeway

2

360

3

183

3 West Lake Hills

Manor

Canyons Collection Contact: Denis Dianne 949-463-8157 Elgin COMING SOON!

290

4

290

THE RESERVE AT CABALLO RANCH 290 Provence Collection From the high $300s 103 CR 180 Unit 47, Leander, 78641 Contact: Angie 512-287-2428

130

Dripping Springs

LOS SENDEROS AT SERENE HILLS

290

95

5 71

1

183 71 45

TERAVISTA Provence Collection From the high $300s Contact: Toni 530-400-1813 1116 Teravista Crossing Georgetown, TX 78626

Distinct. Timeless. Perfection. 45

Since 1973

21

Cedar Creek

35

Kyle

21

6 % Re a

Commi ltor ssion!*

VILLAGEBUILDERS.COM/AUSTIN Maps are not to scale and are for relative location purposes only. Prices subject to change without notice. Village Builders makes no guarantee as to availability of homes within the prices stated above. FOR REAL ESTATE PROFESSIONALS ONLY: In order to earn a broker commission fee, broker must bring client into a welcome home center and register them on the client’s first visit. No commission will be paid when agent/broker is acting as a principal/buyer. Not valid if client has previously registered with Village Builders or Villagebuilders.com, whether individually or with a broker. Village Builders reserves the right to discontinue this program at any time. Other terms and conditions apply. *Effective 9/29/15, 6% Commission will be paid on select inventory homes that sell between 9/29/15 and 10/30/15. Fully executed Purchase Sales Agreements signed prior to 9/29/15 are excluded. Not valid in conjunction with any other offer. Offers, incentives and seller contributions are subject to certain terms, conditions, and restrictions, which may include use of designated lenders and closing agents. Offer good for a limited time only. Images are solely for illustrative purposes and should never be relied upon. Features, amenities, floor plans, elevations, square footage and designs vary per plan and community and are subject to changes or substitution without notice. Images may contain options which are not standard on all models. While Supplies Last. Void Where Prohibited By Law. Copyright © 2015 Lennar Corporation. All rights reserved. Village Builders, the Village Builders logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. (13165) 9/30/15

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October 2015

www.myRealtyLine.com

RL austin

TM

Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

You can’t miss CJ Pfau around Williamson County! We caught up with her at First American Title’s new office at Wolf Ranch in Georgetown.

Buy photo: RL_100715_A.jpg at www.myrealtyline.com

Sherry Bieche and Laura Johansen, both of Coldwell Banker United, REALTORS, aren’t messing around! The two are strategically mapping the quickest way from builder to builder during the WCREALTORS Wild Ride Scavenger Hunt so they can collect the most points for the hunt.

Buy photo: RL_100315_C.jpg at www.myrealtyline.com

Congratulations Buy photo: RL_100415_G.jpg at www.myrealtyline.com

September

Rubin Cortez and Damon Woodell, both of Homes by Avi, show TJ Clinch of Urban Provision REALTORS around the model at Blanco Vista while TJ was touring the San Marcos neighborhood

CHOOSE

YOUR

UPGRADE

Top Producer Julie Black

Senior Loan Officer NMLSR # 232023 Phone: 306-6357 e-Fax: 866-561-8955 jblack@starkeymtg.com

A Solid, Proven, and Committed Lender!

WR Starkey Mortgage, LLP NMLSR# 2146 | 12301 Research Blvd., Suite 150, Austin, TX 78759 | This is not a guarantee of financing. All borrowers must meet certain underwriting guidelines and credit criteria. Rules and Regulations may apply.

Prices subject to change without notice. E&0E. Builder reserves the right to make changes. July 3, 2015

*Come visit one of our model homes today and take advantage of - up to $25k in design options!


Putting a Face on Real Estate since 1995.™

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Putting a Face on Real Estate since 1995

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October 2015

31

Noble Davis of Lakeline Realty, Carol Loncola and Cathy Collins, both of Stanberry & Associates, find a space in the shade to learn more about the new Bryson community in Leander while attending a special VIP REALTOR Grand Opening.

Buy photo: RL_100915_D.jpg at www.myrealtyline.com

Tracy Bennert, Susan Patterson and April Downey, all of Independence Title, team up to find the clues in the WCREALTORS Wild Ride Scavenger Hunt together.

Buy photo: RL_100515_J.jpg at www.myrealtyline.com

Catherine Dinunzio and Becky Zweschper, both of Coldwell Banker United REALTORS, are all smiles despite the early start time at the company wide meeting at the Westin at the Domain.

Buy photo: RL_100415_E.jpg at www.myrealtyline.com


32

October 2015

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Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Jennifer Dwire and Shelly Ayers, both of Grand Haven Homes, join Becky Johnson are on hand at the Bryson VIP REALTOR Grand Opening to answer questions from Anita Hudson, both of Drees Custom Homes and others.

Buy photo: RL_100915_E.jpg at www.myrealtyline.com

It certainly is a nice day for a white wedding! Joe Bryson of Real Estate Alliance and Anne Ames, soon to be Mrs. Bryson, plan for their big day while at the TREPAC Wine Tasting at the ABoR Office.

Buy photo: RL_100115_F.jpg at www.myrealtyline.com

Talk about a “throwback”. Ann Marie Sandlin, left, of Jay Gohil Realty brings an old photo of Becky Hopkins from Austin Title to the WCR monthly breakfast. Ann Marie celebrated her birthday while remembering old times with good friends.

Buy photo: RL_100715_D.jpg at www.myrealtyline.com

Jay Warren of Berkshire Hathaway Texas Realty always has a good joke and a good time. He shares one of his latest crack-ups with Wende Woods of First American Title. Wende is the branch manager of the company’s new office at Wolf Creek in Georgetown.

Buy photo: RL_100815_D.jpg at www.myrealtyline.com

NMLS #149932

Put your Trust in our Experience With over 100 years of combined industry experience, our executive team continues to take aggressive steps to innovate and improve the industry.

(512) 450-1222

4807 Spicewood Springs Rd., Bldg. 1, Ste 1100

Richie Rodriguez

Scott Sewell

rrodriguez@ hometrust.com

ssewell@ hometrust.com

sales manager

vp production

NMLS #222698

NMLS #211987

Kyle Bierschwale kbierschwale@ hometrust.com

Bradley Rife

NMLS #1150439

Michael Snyder msnyder@ hometrust.com

sales manager

brife@ hometrust.com

NMLS #1102707

Lynn Edgar ledgar@hometrust.com NMLS #221412

NMLS #221487

Kelly McClanahan kmcclanahan@ hometrust.com NMLS #1180578

www.hometrust.com


Putting a Face on Real Estate since 1995.™

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Putting a Face on Real Estate since 1995

www.myRealtyLine.com

October 2015

r e t n e C ! R y t E i B O n T e C m O N A I G w e N I N OPEN

Located in Southeast Austin’s gateway corridor, just three miles south of 71 on Highway 183, Addison is a perfect match for those seeking convenient access to the vibrant downtown business and entertainment scene without the hassle of living downtown. Beautiful home designs complemented by extensive amenities, quality schools and tranquil surroundings make Addison the perfect place to start living more.

PHASE 2 Now Selling!

For more information on our available lots, visit liveaddison.com/community-plan

• Easy Access to COTA, ABIA, South Congress, McKinney Falls and Southpark Meadows

• 36 one- and two-story floor plans sized from 1,300 to 3,581 square feet • 40, 50, and 60-foot wide home sites

• Miles of hike and bike trails, pocket parks and extensive greenspace • Exclusive pool and pavilion amenity

Buffington Homes | Homes by Avi | MileStone Community Builders | Pacesetter Homes

HOMES FROM THE $200s | liveaddison.com

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October 2015

Real Estate News & Notes Nextage Lone Star Realty names new broker/owner Long time agent Mary Miner became the

Williamson

Broker/Owner of Nextage Lone Star Realty

County As-

in July. Mary wants to thank Diana Keyes for

sociation of

developing and growing a great foundation of

REALTORS

Nextage Lone Star Realty.

and

Nextage team members include Jennifer

Becky

DeButts'

Shropshire, Al Frazier, Mashon Fielder, Duval

recent

Brahmbhatt, Karen Draper, Becky Debutts, Es-

p o i nt m e nt

tella Shea, Mary Miner (Broker), Lisa Moguel,

as President-

Raymond Husser, King Bravo, Katrina Swain,

Elect of the

Scott Sears, Diana Keyes, Linda Scott, Manda

Wo m e n ' s s

Mafi, John Arleth, and Efrim Moya, Dawn

Council of REALTORS Austin Chapter.

Dudley, Meredith Warmack, Christyna Carter, Colleen DeHaas.

ap-

Mary Miner, Broker/Owner

Nextage Lone Star Realty is growing and looking for quality agents to help with the

Recent member achievements include Lin-

growth. We have residential, commercial and a

da Scott's CIPS (Certified International Prop-

leasing divisions. The firm is currently looking

erty Specialist designation, King Bravo's nomi-

for someone to lead an international and luxu-

nation to be on the Board of Directors for the

ry division. Call Mary at (512) 791-4240. RL

RL austin

TM

Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Better Homes and Gardens Real Estate Bradfield Properties is growing Better Homes and Gardens Real Estate Bradfield Properties is excited to announce the addition of the Paragon Property Group to the Bradfield Family. Paragon is one of the top producing real estate teams in Austin and is comprised of Sue Ellett, Stacey Nelson, and Karen Guillot. Paragon has a long history of working in the Greater Austin and Highland Lakes real estate markets. With this addition Bradfield Properties continues to expand by partnering with some of Austin’s best agents. Additionally, Paragon allows us to open an office and have a presence in the quickly developing Marble Falls/Horseshoe Bay market. The Marble Falls office is located at 907 2nd Street at the corner of Main and 2nd.

The Paragon Property Group is known as one of the highest performing real estate teams in the Austin area and were ranked in the top 10 percent of Caldwell Banker teams in North America. They are experts at lake properties, acreage, farm and ranch in addition to their mastery of traditional real estate. All the members of Paragon are certified relocation experts as well as holding multiple other real estate designations. Better Homes and Gardens Real Estate Bradfield Properties is a Realogy franchisee. Bradfield Properties is a 33-year old brokerage with headquarters in San Antonio and offices throughout central and south Texas. The brokerage has sold over $12 Billion in sales over the last 33 years. RL

Submission Guidelines Submit photos, press releases and calendar items to naomi@myrealtyline.com. All photos must be at least 300 dpi and include a caption with first/last name, company affiliation and a short description. Press releases must be fewer than 300 words. Calendar items are free to advertisers and $25 per submission for others. All submissions must be received at least seven calendar days prior to ad copy deadlines published at www.myrealtyline.com/ advertise.html. Submission items will be included as space allows.

Buy Photos • Find Events • View Archives

www.myRealtyLine.com

Reach 10,000+ REALTORS Monthly! It’s Really a No Brainer! No Other Publication: • Is direct mailed to this many REALTORS every month. • Offers FREE PUBLICITY benefits with your ad*. • Costs as little as $410 per ad**.

Request a Media Kit 512-821-1900 • info@myrealtyline.com

RL austin

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Putting a Face on Real Estate since 1995

*Benefits vary by ad size and contract duration. Ask for details. **Published price for a 12x, black and white, quarter page ad.


Putting a Face on Real Estate since 1995.™

RL austin

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Putting a Face on Real Estate since 1995

www.myRealtyLine.com

we re ’ GROWING!

6 % Re a

Comm ltor ission !*

Visit one of our many communities across the Austin area. SPICEWOOD

1

SOLA VISTA

From the mid $400s

183

3

Georgetown

29

N

Hutto Highlands

From the low $200s

35

4

2

VILLAS AT VISTA RIDGE

7

From the $200s SAVANNA RANCH

From the $200s

Cedar Park

8

HIGHLANDS AT MAYFIELD RANCH

From the mid $200s

GEORGETOWN

5

9 10

TERAVISTA

From the Mid $200s

Lakeway

360

West Lake Hills

From the $190s

Manor

290

290 130

BRADSHAW CROSSING

8

290

Dripping Springs

71 183

9

ENCLAVE AT ESTANCIA

10

From the high $200s

71 45

11

STONEFIELD

45

21 Cedar Creek

35

From the $200s

For more information call 512-596-7703

95

183

1

BUDA

11 = Communities with NEXT GEN®

7

35

COLORADO CROSSING

From the low $200s

79

95

45

FALCON POINTE

AUSTIN

Taylor

Round Rock

From the mid $200s

ROUND ROCK

4

6

PFLUGERVILLE

71

3

130

183A

map not to scale

LEANDER

29

5

2

Hutto

6

35

October 2015

Kyle

21

LENNAR.COM

Maps are not to scale and are for relative location purposes only. Prices subject to change without notice. Lennar makes no guarantee as to availability of homes within the prices stated above. FOR REAL ESTATE PROFESSIONALS ONLY: In order to earn a broker commission fee, broker must bring client into a welcome home center and register them on the client’s first visit. No commission will be paid when agent/broker is acting as a principal/buyer. Not valid if client has previously registered with Lennar or Lennar.com, whether individually or with a broker. Lennar reserves the right to discontinue this program at any time. Other terms and conditions apply. *Effective 9/29/15, 6% Commission will be paid on select inventory homes that sell between 9/29/15 and 10/30/15. Fully executed Purchase Sales Agreements signed prior to 9/29/15 are excluded. Not valid in conjunction with any other offer. Offers, incentives and seller contributions are subject to certain terms, conditions, and restrictions, which may include use of designated lenders and closing agents. Offer good for a limited time only. Images are solely for illustrative purposes and should never be relied upon. Features, amenities, floor plans, elevations, square footage and designs vary per plan and community and are subject to changes or substitution without notice. Images may contain options which are not standard on all models. Please see your New Home Consultant for more information and home purchase and sale agreement for additional information, disclosures, disclaimers relating to the home and the actual features designated as an Everything’s Included® feature. While Supplies Last. Void Where Prohibited By Law. Copyright © 2015 Lennar Corporation. All rights reserved. Lennar, the Lennar logo, Next Gen® - The Home Within A Home®, the Next Gen® logo and the Everything’s Included® logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. (13166) 9/30/15

Elgi


36

October 2015

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RL austin

TM

Putting a Face on Real Estate since 1995

Putting a Face on Real Estate since 1995.™

Kriston Wood and Kathy Armstrong, both of Keller Williams Realty, know the key to winning is teamwork (and super REALTOR powers like knowing your city). The two gear up to take home some prizes at the WCREALTORS Wild Ride Scavenger Hunt.

Buy photo: RL_100415_B.jpg at www.myrealtyline.com

Wende Woods, Jason Vasek and LeeAnn Ray, all of First American Title, get ready to cut the ceremonial ribbon at the company’s new office in Georgetown.

Buy photo: RL_101015_B.JPG at www.myrealtyline.com Buy photo: RL_100715_F.jpg at www.myrealtyline.com

Gene Dillard, Dorie Dillard, and Becky Griner, all of Coldwell Banker United REALTORS, have a little fun with “stilt man” at the PT50 Black and White Party at the Lakeway Resort.

Realty Line October 2015 Issue  

Putting a face on real estate since 1995. The October 2015 issue focuses on Austin's waning affordability for homebuyers.

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