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RE: Reasons to Use a Realtor When Selling Your Home
Hi, I wish you the best of luck with the marketin...
RE: Texas Economy Will Grow Throughout 2008
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Staying Informed with the Help of a Realtor

Apr. 17, 2008

As you begin your house hunting process, you will probably already have a good idea of what type of home you are looking for. For example, you might know the size and style of the home you want to purchase and you might have a general idea of the city or town in which you want to live. Of course, it is important for you to share this information with your Realtor so you can be certain to find the home of your dreams. At the same time, there is plenty of information that your Realtor can provide to you that will also help you in your decision making process. Therefore, you should be certain to ask plenty of questions and to utilize your Realtor's knowledge to the fullest extent possible.

Finding Out About Schools

If you have a family or plan to start a family in the foreseeable future, schooling will likely be quite important to you. Therefore, you might want to ask your Realtor to help you acquire information about the school district you would like to live in. Many Realtors will not guarantee that you will be in a specific school district because these district boundaries can change. Nonetheless, he or she should be willing to help you find out what the current district boundaries are. In addition, the Realtor should be able to help you look up information about the school district, such as the scores the school has received on standardized testing and what the current teacher/student ratio is a the school.

Learning About Utilities

In addition to helping you find school information, your Realtor should also be able to help you learn more about utilities for the home you are considering purchasing. For example, the Realtor can help you find out whether or not the property is served by city water and sanitation. You will also be able to find out who supplies the electricity and gas to the home as well as whether or not cable is available on the property.

Zoning Information

You can also ask your Realtor to provide you with zoning information. If you think you might like to start a business in the home at some point, for example, you might want to look for property that is commercially and residentially zoned. The zoning may also have an impact on the resale value of the home, so it is worth your while to look into this information before making a purchase.

Finding Out About Crime

Your Realtor can also help you learn more about the crime rate in the area you are considering moving to. By finding out about these statistics, you can determine whether or not the property is in a neighborhood where you and your family can feel safe.

Remember, your main purpose is to find a home where you can enjoy living for the next several years and where you can feel comfortable with raising a family if you so desire. Similarly, you want to make a good investment, so take advantage of the knowledge the Realtor possesses so you can get the best of both worlds.

Author Bio: Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Realtor website, his Steiner Ranch Real Estate company's website, & his What is a Realtor website.

Austin TX Sites: Barton Springs Pool

Apr. 15, 2008

Heated to a constant 68 degrees, Austin's Barton Springs Pool is a popular swimming hole that can be enjoyed year round. Located in Zilker Park, the pool is fed by water from the Main Barton Spring. Swimming during any season is allowed at the Barton Springs Pool, but costs a small fee in the summer months. With grassy picnic areas nearby and plenty of places to play and relax, Barton Springs is a must-see for every Austin visitor.

Once considered holy by the local Native American tribe, the Tonkawa, the springs were used for bathing and purification ceremonies. When the Spaniards discovered the large springs in the early 1700s, they built a mission near the site. Once settlers moved into the area, the springs became popular tourist attractions, and eventually it evolved into the swimming hot spot it is today. In its current management by the city of Austin, the Barton Springs Pool provides an invigorating and refreshing way to cool off, exercise, hang out and relax. It has quickly evolved into a hangout place for young adults, but bathers of all ages will enjoy themselves at the Barton Springs Pool.

At more than 900 feet long, Barton Springs Pool has a natural gravel bottom and is full of fresh, naturally warmed spring water. With diving boards, stairs and ladders, swimmers can easily enter and exit at several different points around the pool. Summer weekends might find the pool quite crowded, but the spaciousness of the place allows everyone a good refreshing swim no matter what.

Occasionally the pool is closed for safety concerns, such as when there have been heavy rains or the creek that feeds the pool is running high. In these instances, swimmers can call ahead to the Barton Springs Pool to determine if the pool will be opening. The hotline is operating 24 hours per day for the convenience of its guests.

The cost to get into the pool is minimal-just $3 for adults and $2 for young adults 12 to 17 and $1 for children under 12 and senior citizens. The doors open at 5 a.m. and usually close at around 10 p.m. Although the pool is billed as a family-friendly area, topless sunbathing is allowed at the pool and many patrons take advantage of that.

Barton Springs Pool is a wonderful way to combine history and recreation when checking out all the things to see and do in the Austin area. It's especially easy to see this Austin landmark when it's a hot Texas afternoon.

Author Bio: Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin condominiums company's website, & his Austin Texas website.

Real Estate 101: What You Need to Know Before Closing

Apr. 10, 2008

So, you have found the house of your dreams and you think you are ready to initiate the closing process.  Before you give your Realtor the thumbs up for finalizing the deal, however, there are a few things you should do in order to protect yourself and make sure you are getting a home that will bring lasting memories rather than turn into a money pit. In fact, there are several different types of inspections that you might want to have completed before you sign any type of agreements.  Some of these include:

  • Termite inspections
  • Dry rot inspections
  • Asbestos testing
  • Faulty structure inspections
  • Roof condition inspections
  • Septic tank and well testing 

Although getting these various inspections completed can cost you a bit of extra cash, it will be well-worth it to know whether or not you are making a solid investment with the home you are purchasing.  In addition, with the right Realtor on your side, you might be able to get the seller to pay all or a portion of all of these inspections as a part of your purchase agreement.

Termite and Dry Rot Inspections 

One of the worse problems you can face with a home is a termite infestation or dry rot issues.  With these problems, the structure of the home can be severely weakened and it can begin to fall apart.  Similarly, getting the home fixed after the wood has been destroyed can be a costly endeavor.  As your Realtor to insist that the seller complete a termite inspection and provide a guarantee of the soundness of the structure before you finalize the purchase.

Asbestos Testing 

You won’t find asbestos in homes that have been recently constructed, but older homes may still have lingering asbestos.  You certainly don’t want to purchase a home with asbestos, as it is very dangerous to your health.  Similarly, getting asbestos removed can be quite costly.  Therefore, it is important to have your Realtor address this issue, particularly if the home you are purchasing is older.

Faulty Structure Inspections 

Just as dry rot and termites can wreak havoc upon your home, having a structure that is inherently flawed will cause a great deal of problems to arise in the future.  Similarly, if you have problems with your foundation, the structure of your entire home can be at risk.  By working with your Realtor and hiring a professional to inspect the craftsmanship of the structure and foundation, you can be rest assured that your future home will be in great shape for years to come.

Septic Tank and Well Testing 

If you are moving into a home that does not have city water and sanitation, you will need to rely upon a septic tank for your waste and a well for your water.  Ask your Realtor to have these two items inspected in order to make sure they are in good shape and meet current codes.  Although you may have to replace your septic and have a new well dug in the future, you shouldn’t have to do either of these two things too soon.  Similarly, they should be space far enough apart from each other to prevent contamination.  If not, have your Realtor work out the cost of remedying the problem so that the seller pays either all or part of the cost.

Author Bio:


Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Lake Travis Real Estate website, his downtown Austin condos company's website, & his Austin real estate website.

Austin Texas Nature and Science Center

Apr. 8, 2008

Explore nature at its best at the Austin Nature and Science Center, where visitors can experience exhibits, nature trails and educational events all year long. The nature center has dedicated its resources to educating and instructing Austin citizens on how to appreciate the natural world and experience its wonders.

The Austin Nature and Science Center is home to almost a hundred native animals that are unable to live in the wild. From birds of prey to porcupines, bull snakes and deer, the animals are displayed in all-natural enclosures and receive top quality care and medical attention. The Birds of Prey Exhibit, Small Wonders Exhibit and the Mammals Exhibit are all designed for maximum viewing as well as the ultimate comfort to the animals.

Living animals aren’t the only things worth visiting at the Austin Nature and Science Center. Dinosaur enthusiasts can participate in several activities associated with the center’s paleontology efforts. With a Dino Pit on site, visitors can dig up dinosaur replicas just like the paleontologists do, learning about fossils that are native to Texas. Dinosaur tracks can also be found, and guests can learn all about fossils that once belonged to dinosaurs that roamed the Texas countryside. Visitors of all ages will feel the joy of discovery as ancient creatures are unearthed before their eyes.

The other features of the Austin Nature and Science Center are equally as entertaining. The Discovery Lab is a place where hands-on science labs are set up to explore nature, including botany and geology. The Eco-Detective Trail is a walking trail that winds through natural Texas landscape and treats the visitor to a true outdoor experience. The Sheffield Education Center is the home of the Splash! exhibit, an active aquifer with flora and fauna on display.

Programs, summer mini camps and more await the visitors who are interested in checking out the Austin Nature and Science Center. Several events are hosted annually, and there is always room for special group guests, such as Girl Scouts and Boy Scouts. Schoolchildren look forward to a visit to the center during field trips, and the center even hosts home school programs. This living museum is an Austin highlight, and the Austin Parks and Recreation Department has highlighted the center as a model for conservation and education.

Whether for an individual, family or group, a visit to the Austin Nature and Science Center is a fine way to spend a day getting to know the natural wonders of Central Texas and experiencing them in a memorable way.

Author Bio: Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin condominiums website, & his Austin Texas website.

Austin Texas: Gateway to Hill Country

Apr. 5, 2008

One of the most popular tourist destinations in Central Texas is Hill Country, a scenic region with amazing natural attractions, quaint country towns and lovely hills and valleys. Austin is the gateway to this fantastic recreational area steeped in history and Southern charm. The Texas Hill Country welcomes more than 5 million tourists each year, and the clear rivers, towering forests and abundant wildflowers are just a few of the reasons they return again and again. From water sports and outdoor activities to shopping and golfing, Texas Hill Country provides a wealth of activities for all ages and interests.

The Texas Hill Country, just minutes from Austin, is full of natural attractions that provide the outdoor enthusiast with many chances to admire the scenery and recreate in Mother Nature’s playground. One of the top attractions is Enchanted Rock, a large natural rock formation more than 400 feet tall. Also top of the list is the Longhorn Caverns, where tours recall the days when outlaws, Native Americans and soldiers used them as shelter. Cool off at Barton Spring Swimming Hole and check out the wildlife at the Natural Bridge Wildlife Ranch.

Quaint Southern Texas towns provide a glimpse into the rural heritage of the Texas Hill Country. Villages such as Wimberley, San Marcos, Buda, Burnet and Johnson City are all nestled in the rolling hills and provide tourists with shops brimming with handicrafts and antiques and fine dining in restaurants overlooking the natural beauty of the region. Enjoy Texas history at several museums that instruct and educate visitors on everything from early Native American life to cowboys and ranchers. Visit the towns of Bandera, Dripping Springs and Taylor for true historical attractions.

When folks are looking to get out of Austin for a few hours, they head to Hill Country and participate in just a few of the many things to do in the area. There are lakes and rivers that are perfect for swimming, fishing, sailing, boating or tubing. Staying in a bed and breakfast is a wonderful way to get away for a day or a weekend. Check out historically important architecture in any of the Main Streets in the smaller cities in Hill Country, or hike, bike and camp in any of the national and state parks in the area. Visitors to the area can even take wine tours, guided ranch tours and art gallery tours if that is the kind of recreation they enjoy.

While Hill Country is located in the center of Texas, it’s easy to see why the area is considered the heart of this great state. The lush abundance of natural resources and Southern hospitality creates a unique combination of relaxation and rejuvenation. Using Austin as a base to explore this amazing region is a wonderful idea for those seeking to maximize their time in Texas Hill Country.

Author Bio:
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Lake Travis Real Estate website, his Austin real estate company's website, & his Austin real estate blog.

Golf Courses In and Around Austin Texas

Apr. 2, 2008

Austin’s mild winter temperatures ensure that golf enthusiasts will be able to play on the greens all year long. The city has plenty of quality courses to inspire even the most beginning golfer, and the diverse natural beauty of the area provides a perfect backdrop to head outdoors. Austin has more than 20 golf courses in and around the area. From resort courses to public courses and driving ranges, the Austin golfer will be able to find something that is perfectly suited to his needs.

There are several public golf courses that are within minutes of downtown Austin. For scenic and challenging 18-hole courses, try the Falconhead Golf Club, open all week long and is considered one of the top courses in the area. The Teravista Golf Course is a 7,200 yard championship golf course. Just 5 minutes from Austin’s downtown area, the Riverside Golf Course caters to locals and visitors alike, and has hosted golf champions like Tom Kite and Ben Crenshaw. The Avery Ranch Golf Course, the Lakeway Live Oak Golf Course Austin, the Roy Kizer Golf Course Austin are also considered premier municipal courses that give golfers the opportunity to play on courses that can be appreciated at any level. All are located in Austin, so accessing these public courses is convenient.

Austin is also the home to several semi-private and resort courses, and the experience of playing at one of these courses is unparalleled as far as amenities go. The Wolfdancer Golf Club is located amid the rolling hills of Lost Pines, just east of Austin. Its world class golf in a spectacular setting, and should not be missed. The ColoVista Golf course is the top semi-private course in the Austin area. With recognition for its challenging 18-hole course, the ColoVista has been ranked as one of the best new courses in Texas. Beautifully manicured greens beckon the golf enthusiast, and a membership is all that is needed to relax and go for par. The River Place Country Club is an exclusive location west of downtown Austin, and the immaculate landscaping and attention to detail is worth the membership. The 18-hole championship course was designed by Tom Kite, and takes advantage of the hills, valleys and waterways to give the golfer an amazing game experience in a luxurious resort atmosphere.

For those interested in working on driving, Austin has several driving ranges that are suited to golfers looking to squeeze in a few minutes hitting a bucket of balls. The Oak Hills Driving Range is the perfect place to accommodate beginners seeking to improve or advanced pros looking to perfect their swing. Either way, the Oak Hills Driving Range can help out with the driving range, pro shop or even provide lessons. 

Austin golf courses, whether public or private, are interested in catering to the needs of guests. Whether it’s a weekend game with friends or a business deal that can be made on the green, spending time on Austin’s golf courses is a fine way to experience Texas Hill Country at its finest.


Author Bio:
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin real estate blog, & his Austin condos website.

Reasons to Use a Realtor When Selling Your Home

Mar. 27, 2008
When the time comes to sell your home, it seems like your To Do list is a mile long.  The house has to be immaculate inside and out, the hoards of potential buyers are beating on your door, and the legal and financial details of the home sale process loom.  Don’t be tempted to handle this situation by yourself; instead, make your life infinitely easier and use a Realtor® to help you sell your home.

The lure of saving money is a strong one.  Most Realtors® charge between 5% and 7% on commission.  As the seller, this comes out of your proceeds at closing.  I know you’re doing the math right now, and thinking that there’s no way that using a Realtor® is worth anywhere near this much money.  However, it truly is worth every penny; here are the top 3 reasons why you should use a Realtor® when selling your home.

1.  The Security of Your Family and Home

You cannot put a value on the security of your family and home.  You want your family to be safe in your home without having to worry.  But remember when I mentioned the hoards of potential buyers for your home?  If you sell your home yourself, you have to meet with each one of these buyers by yourself.  The problem is you never know who these people really are.  It’s horrific to consider, but it has happened where people have gone to a home on the premise of looking to purchase it and instead have committed a crime.  

When you use a Realtor®, you don’t have to meet with the potential buyers and thus expose yourself and your family to possible harm.  Instead, each person that enters your home is accompanied by a licensed Realtor®.  This helps you twofold.  First, because the person is in your home with a Realtor®, you and your family don’t need to be there.  This mitigates the risk of someone harming you while in your home.  Secondly, the chance of someone committing a crime against your property, either through theft or vandalism, is drastically reduced by their Realtor® being present. 

2.  The Value of Your Time

Let’s backup for the moment to a point I mentioned previously – the hassle of dealing with potential buyers.  When you sell your home yourself, you’re the sole contact with potential buyers.  If someone wants information, they contact you.  This means your phone will be ringing constantly.  And you can’t just ignore these calls; if you do, your house will take even longer to sell.

Even better…remember the part about keeping your house immaculate?  When you sell your home yourself, this has to be true 100% of the time.  People can and will pull up outside your home and demand to look inside at any time of the day or night.  If you ask them to come back at a more convenient time, you could easily lose a sale.

But by using a Realtor®, this hassle is saved and your time is reaffirmed to be as valuable as you and I both know that it is.  Your Realtor® handles all the phone calls, and is specially trained in how to answer these calls professionally without compromising the sale of your home.  And your Realtor® coordinates the showings with other Realtors®, leaving you with specific times for the showings.  This will allow you to relax and enjoy the time you have remaining in your home.

3.  The Value of Peace of Mind for the Future

Selling a home is a complicated legal and financial prospect.  Sure, you can buy generic forms to fill out for the Purchase Agreement and everything else needed.  But what assurance do you have that they’re filled out in a way that protects you for the future?  After all, you certainly don’t want to deal with a lawsuit five years from now with your buyer saying that you made an error in the paperwork on the transaction.

When you hire a Realtor®, they shoulder this burden.  Realtors are required to carry what’s known as Errors & Omissions insurance.  This insurance protects you from such little errors.  If there’s a problem, the insurance company is who works to resolve the situation, not you.

So don’t succumb to the lure of saving the commission money.  Hiring a Realtor® is the absolute best thing you can do as you prepare to sell your home.

 

Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Lake Travis real estate company's website, & his Austin condos website.

Texas Primary Reveals Republican Unease Over McCain

Mar. 9, 2008
The upcoming Texas Primary March 4th has revealed some conservative dissatisfaction with the likely nomination of Senator John McCain for president. This primary ranks as the most important since 1976, when Gerald Ford fought Ronald Reagan for Texas’ delegates to the Republican Convention.

   Since the primary is later than many other states, the nominees of both major parties are usually known before the presidential contest rolls into Texas. Senator McCain leads the national GOP field by a large margin in the delegate count, with only former Arkansas governor Mike Huckabee standing between him and the nomination. With the recent departure of Mitt Romney, both McCain and Huckabee draw increased support in Texas opinion polls, according to a report in the Houston Chronicle. On Feb. 8th the Arizona senator polled 43%, Mr. Huckabee 33%, and Ron Paul drew 9% of likely voters in Texas, Mr. Paul’s home state. The 32 congressional districts each have 3 delegates at stake, for a total of 96, and 41 additional delegates going to the winner of the statewide vote, making it likely that each candidate will win some delegates.

Mr. Huckabee recent victories in Kansas and Louisiana highlight considerable dissatisfaction among some social conservatives with Senator McCain. Many feel that McCain supported liberal and Democratic Party positions at the expense of conservative unity, while the Arizona senator feels that by supporting issues on a factual basis, he supports the country over partisan ideology and creates the opportunity for bipartisanship.  Most of the institutional leadership of the Texas GOP now supports him, including former Rudy Guiliani supporter Governor Rick Perry, who recently called on Mr. Huckabee to withdraw from the race. Senator John Cornyn also recently endorsed McCain, though Senator Kay Bailey Hutchison has yet to endorse anyone. With a large base of conservative evangelical voters, Texas will challenge the secular Arizona senator.  Even if Gov. Huckabee manages to win in Texas, John McCain’s march to the nomination may be unstoppable.

   McCain may experience what happened to Gerald Ford in 1976, when social conservatives in the Texas Republican Party supported someone else in the primary and stayed home during the November general election.  Another outcome is that unhappy conservatives may crossover March 4th and vote in the more interesting Democratic Party primary, since Texas voters can participate in either primary.  Jimmy Carter won Texas in the 1976 presidential election, the last Democrat to do so. With McCain likely on the ballot in November, Democrats could carry Texas again.




Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Northwest Austin Texas real estate company's website, & his Austin Texas metal website.

Texas Primary May Decide Democratic Party Nominee

Mar. 9, 2008
The presidential primary March 4th in Texas may decide which Democrat faces the likely Republican Party nominee, Senator John McCain of Arizona. Hillary Clinton and Barack Obama, the final two Democrats left, face off in a tough, high-profile showdown in the Lone Star State.

The Democratic candidates are almost in a dead heat in the state, according to a Houston Chronicle poll. Texas voters in the Democratic Party primary are diverse, with just more than half either Hispanic or African-American. The 228 delegates will be split according to vote totals in the 31 state senate districts, with precinct conventions and a state caucus deciding the rest. Also, voter participation in the 2004 and 2006 elections for each district decides how delegates each senate district receives. For example, a heavily Hispanic district in south Texas with low voter turnout in the last two statewide elections could receive 7 delegates, while a high-turnout district in Houston gets 10 delegates, according to Chronicle. This complicated system of choosing delegates has some Democrats unhappy and calling for a change.

The estimated cost to campaign in Texas’ diverse markets is an expensive million dollars a week, and Senator Obama has been raising that much per day, collecting $32 million in January, while Senator Clinton just loaned her campaign $5 million, and some of her senior aides are working without salaries this month. After raising $13.5 million in January, Clinton announced Feb. 7th that her campaign raised $7.5 million in just one week; Obama’s campaign then went out and raised that much in 36 hours. That’s why Mrs. Clinton wants to debate Senator Obama once a week on television, since such publicity is free. So far, Mr. Obama has agreed to only one debate, and that’s in Cleveland, Ohio, February 26th on NBC. There’s also talk about one Texas debate.

Former White House Senior Advisor Karl Rove proclaimed on Fox News Feb. 7th that the Democratic nominee will come out of the Texas Primary, and that may be the case.
If Senator Obama momentum continues and he wins the most of the contests  Feb. 19th, as polling suggests, he will come into Texas ahead of Mrs. Clinton. Already in big trouble, if Hillary then loses Texas,  she would come into the Democratic Convention an underdog, if not outright loser.  If Obama loses in Texas, Hillary may still win the nomination. With Ohio also voting March 4th, Texas may decide which Democrat faces Mr. McCain November 4th.

 Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin condos website, & his Austin welder website.

Texas Economy Will Grow Throughout 2008

Mar. 9, 2008
The economic outlook for Texas during 2008 points towards slower growth, yet that’s still better than most parts of the country, which will see no growth at all. Texas, with the 2nd largest state economy in the U.S. and the 15th largest economy in the world, will record growth of about 2.2% annually, according to the Texas Workforce Commission.

Warm weather, undervalued real estate, lack of a state income tax, and good jobs
continues to attracted people to the Lone Star State.  These new residents all need a place to live, so the real estate market statewide should continue to be busy, though less busy than recent high-water marks, like 2006.

Recent national uncertainty about a slump in the housing market and a “credit crunch” has lowered consumer confidence, and the United States may now be in a recession for the first time since 2001.  Higher energy costs, mainly the near $100 per barrel price of oil, are now reflected in the price of many goods and services. The Federal Reserve Board (the Fed) cut a key interest rate, the federal funds rate, twice over a two week period, by 125 basis points (1.25%), to increase lending and public consumption. The Federal Reserve Board Open Market Committee, which sets the federal funds rate (the overnight interest rate that banks charge each other), meets again March 18th, and MarketWatch.com reports that the Fed could lower the rate again, this time by 50 basis points (.5%). Controlling this interest rate is how the Fed regulates the money supply in the U.S. economy, and this in turn helps manage inflation and interest rates. Such actions by the Fed make it appear that either the economy is in a recession now or quickly sliding into negative growth.

The Fed reports that banks are raising credit standards at a rate not seen since quarterly surveys of senior bank officers began 17 years ago. Mortgages, consumer loans, commercial real estate loans, and just plain business loans will see higher credit standards, the Fed reports. As most economists know, tighter credit generally slows down economic growth.

To increase growth, Congress just passed a stimulus package worth about $160 billion dollars, and President Bush is expected to sign it into law, though some economists doubt that it will have any effect.

However, with high population growth and low unemployment, like a 4.3% jobless rate at the end of December, Texas continues to outperform the national economy.  Economists predict this growth to continue throughout 2008, according to the Real Estate Center at Texas A & M University.

Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin Texas real estate company's website, & his Austin Texas welding website.

Austin Texas 2008 Economic Forecast

Mar. 9, 2008
The economic outlook for Austin generally mirrors the Texas forecast: local job and population growth outperforms the national economy. The Texas Workforce Commission predicts 3.1% job growth, while local economist Angelos Angelou predicts 2.3%. The unemployment rate for December 2007 was estimated at 3.6%, down from 5.1% in the Austin area during October 2006.

Austin population growth is driven by the high quality of life in the region, with the area being ranked as the top destination for relocating singles and families by several publications. Also, MSN recently ranked Austin as “The Greenest City in America” , continuing a string of “best ofs”  for the city.  Located on the Interstate 35 Corridor, the city has grown in population the 3rd fastest in America this decade, with Ft. Worth first and San Antonio fourth, according to data from the U.S Census Bureau. Population growth of 42,000 is projected for 2008, down from a high of about 60,000 experienced in 2006, according to the Austin-American Statesman.

Demand in the local real estate market is down as compared to 2006 but is still positive, with generally more houses on the market. Angelou predicts that if local homebuilders react to negative national trends, housing starts in Austin will fall while the local market is still healthy and homes are still in demand, which would then create a low inventory of new homes for sale. The result, he predicts, would be an increase in demand for rental housing such as apartments and result in a spike in rental prices.

Another indicator of the local real estate market is how much work property inspectors are doing, since their work is usually in demand when real property changes hands. According to my survey of inspectors, most say their number of inspections has dropped more than 50% since September 2007. Many did say, however, that the drop could be seasonal and that demand for their service should increase by May 2008.

Most job growth should appear in Austin’s traditional strong areas, like government, education, and health services. As the state capital and seat of Travis County, local, state, and federal government employs more than 150,000 workers, and that’s expected to increase, according to Texas A & M’s Real Estate Center. As an education hub, with the University of Texas and more than 20 other colleges within 30 miles, and several large public school districts, Austin will need more education workers. The “Live Music Capital of the World” continues to employ many in the leisure and hospitality industry, and large healthcare employers like Seton and St. David’s are expected to add workers.
 
With the quality of life high and the population continuing to increase, Austin should see positive job growth through 2009.Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas.
 
Eric currently manages his Austin Real Estate website, his Austin Texas real estate company's website, & his Austin Texas welding website.

Dell Makes Controversial Purchase of MessageOne

Mar. 6, 2008

The business world is rumbling over Dell’s recent purchase of MessageOne.  The reason?  MessageOne just happens to be owned by Michael Dell’s little brother, Adam.  In addition, through a whole mess of investment funds, Dell’s parents and Adam’s wife and children are also part owners of MessageOne. 

Knowing the ownership of MessageOne makes it a little easier to understand why some people in the business world are scratching their heads about the $155,000,000 buyout.  Was this really a smart business move on behalf of Dell, or was it simply a scheme to keep all the money in the family?

On the surface, it seems that the transaction was all on the up and up.  Adam Dell wasn’t involved in the acquisition and he only stands to make close to $1 million on the buyout.  Dell’s parents will be making around half a million dollars, and the $12 million that is going to the personal family trust is being donated to charity.  Nonetheless, in a day and age when business executives seem to be routinely bending and twisting laws and regulations to suit their needs, it is understandable why so many are wondering if this transaction was really as innocent as it seems.

Perhaps the biggest question mark associated with the transaction is the fact that the purchase doesn’t really seem like a necessary one.  Most business analysts are having a difficult time understanding how MessageOne, which is a provider of email management services, really fits into the Dell business scheme. 

Still, MessageOne does report that it made somewhere around $40 million last year and Dell certainly has the marketing power to take the service to a whole new level.  And, let’s not forget that it is not unusual for successful companies in the technology field to branch off into other areas.  After all, Google recently coughed up $600 million to purchase Postini, which provides email filtering services.

Whether or not it was truly a clean deal will remain to be seem.  As the CEO of corporate ethics consulting firm Corpedia, Alex Brigham, put it “You would think [Dell’s] parents might have [also donated the proceeds to charity].  And Adam, too.  Then the deal would have been much cleaner and smelled much better.”

Author Bio: 

 Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Austin Texas real estate company's website, & his Austin Lofts website.

Real Estate Teamwork: How Your Realtor Accomplishes Your Goals

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Texas Real Estate website, his Austin real estate company's website, & his Steiner Ranch Realtor website.

Real Estate 101: What is a Realtor?

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Realtor website, his Austin Texas Realtor company's website, & his San Antonio Realtor website.

Real Estate 101: Understanding Mortgages

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Northwest Austin real estate website, his Austin Texas real estate company's website, & his Steiner Ranch real estate website.

Real Estate 101: What to Fix When Selling?

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Tulsa real estate company's website, & his San Antonio real estate website.

Real Estate 101: Investing in Foreclosures

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Lake Travis Real Estate website, his Austin real estate company's website, & his Steiner Ranch real estate website.

Real Estate 101: Choosing the Right Home Inspector

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin Real Estate website, his Buda Texas real estate company's website, & his Steiner Ranch real estate website.

Getting Legal with Your Realtor

Dec. 23, 2007
Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his Austin TX Realtor website, his Lakeway real estate company's website, & his Steiner Ranch Realtor website.

Downtown Austin: Austin Museum of Art

Nov. 27, 2007
A mainstay of Austin culture and art since 1916, and in its present location since 1996, the Austin Museum of Art has provided the community with accessible artwork to enlighten and educate its citizens. Echoing the words of museum patron Clara Driscoll, the museum is a place that "brings pleasure in the appreciation of art to the people of Texas."

Today, the Austin Museum of Art-Downtown continues to educate a broad audience on 20th century and contemporary art, with a world-class gallery, continually changing exhibits and even an Art School. For you and your family, it's a place to appreciate loveliness and creativity in many forms, as well as release your inner artist. You will find that the museum is centrally located downtown and housed in a contemporary-style building, perfectly reflecting the modern art inside. Each exhibition at this Austin, Texas museum is generally paired up with listening or reading stations, interpretive programming and museum guides who can reveal the unique and important impact that the visual arts create. Past exhibits have included everything from photography, sculpture, paintings, charcoal drawings and pottery collections.

The downtown location is a permanent expansion from the original museum, and provides a broad range of community-oriented features. The Community Room can be rented or reserved for activities or private functions as needed. The Art School holds classes in many different mediums for all ages. Try a beginner's class in watercolors, or enroll your child in the 3-D Art class designed for kids. The museum store is also located on-site and provides art-related gifts, books, toys and jewelry. It's perfect when you need a gift for the person who has everything or simply for browsing after an afternoon of viewing the latest exhibits in town.

The Austin Museum of Art is also dedicated to education enhancement, in the form of teacher seminars, adult education, group tours and family programs. It's a way for Austin, Texas residents to connect with the arts on a personal level and walk away with an increased understanding of their world. With an active volunteer program that enables Austin, TX citizens to act as museum docents, it's easy for just about anyone to get involved.

The museum is open from Tuesday through Saturday from 10 a.m. to 6 p.m. and Sunday hours are from noon to 5:00 p.m, and closed Mondays and holidays. Located at 823 Congress Avenue at 9th Street, the museum is adjacent to a convenient parking garage at 9th and Brazos. Admission is $5 for adults, $4 for seniors and students and free for children 12 and under. Eric Bramlett is the broker & co-owner of One Source Realty in Austin, Texas. Eric currently manages his downtown Austin condos Guide, his downtown Austin company's website, & his Austin TX Welder website.