Archive for March, 2009
Dripping Springs Texas - Award Winning Realtors
March 31st, 2009 Categories: Dripping Springs Real Estate News
The Steele Action Team of Keller Willams Realty was honored by the Austin Buissness Journal as one of the top teams in the entire Austin Texas area.
For the last 8 years The Steele Action Team has been the #1 real estate group in Dripping Springs Texas and is on pace to make it 9 years in a row!!!
The team has over 30+ years experience and can help people from the smallest of land lot deals to the most luxurious of estates.
If you or someone you know is looking to buy or sell real estate in the Dripping Springs area, there is no better call you can make!
Call Jeremy K. Frost of the Steele Action Team today!
512-636-2746 or Jeremy@AustinHomeandLand.com
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Stocks Surging??? A Rise in Home Sales???
March 26th, 2009 Categories: Dripping Springs Real Estate News
Could it be true? Are we getting back on track?
Where it might take us a little while to regain our economic composure, all sources indicate that Obama’s plans of economic stimulus are encouraging and already showing results. Dow Jones Industrial jumped nearly 500 points and a surprising increase in home sales are just a few promising outcomes of President Obama’s attempt to stabilize our economy. Keep it up Mr. Obama! We’re loving it!
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Is the Recession Going to be Over Soon?!?
March 26th, 2009 Categories: Dripping Springs Real Estate News
Some say it will be! Check out this interesting article I ran across:
A group of financial wizards looked into their crystal ball Tuesday and saw some good news.
The recession will ease by the end of this year and companies will begin adding workers, signaling the end of the worst economic downturn since the Great Depression.
It was the 64th day of the Obama administration and Chicago-based Dow Jones Indexes assembled a group of financial experts to assess the impact of government actions, whether they will work to stem the recession and what opportunities that might present investors.
The recession has affected every region of the country and nearly every sector of the economy, said Gus Faucher, director of macroeconomics at Moody’s Economy.com, which conducts independent research and provides economic forecasts.
“It’s really unprecedented in the U.S. to have nearly the entire country in a recession simultaneously,” he said.
The good news is there’s an end in sight.
The economy will pull out of the recession at the end of this year, marking a duration of 24 months, about twice as long as the average post-World War II recession, Faucher said.
The unemployment rate is expected to peak at nearly 10 percent in the first half of 2010. Without the $787 billion government stimulus package, he estimated job losses would have continued into the second half of the year and peaked at about 12 percent.
“That would take what is now a severe recession and actually turn it into a deep depression,” he said. “We think the fiscal stimulus package is vital in turning around attitudes toward the economy.”
He said we are at or near a stock market bottom and stock prices should soon stabilize.
That certainly wasn’t the case so far this week. The Dow Jones industrial average gained 498 points on Monday but dropped 115 points, or 1.5 percent, on Tuesday.
Home sales will turn around by midyear and home prices will begin recovering by the end of this year after bottoming out at 35 percent of their value from peak to trough. Home prices won’t return to their values of a few years ago during the boom, but will recover from current lows, he said.
Banks will likely begin seeing improvement in capital as the government program to remove bad assets kicks in and the Federal Reserve provides more economic support. Faucher predicted major bank and financial services company failures will abate in the second half of this year and credit will begin to move again.
Those improvements and additional government spending will provide investors some opportunities in companies that own bridges, toll roads and utilities. It also will drive growth in areas of green energy production.
The stimulus package will spend $50 billion on roads, bridges, utilities and other infrastructure, said Craig Noble, portfolio manager, for Brookfield Redding LLC, a Chicago-based investment manager of global real estate and infrastructure securities.
He sees a potential sweet spot for investors in companies that own the assets that will benefit from the needed spending. He said the stimulus package is only a small portion of government spending on transportation and utilities. Congress must reauthorize this year a multiyear transportation bill that provides hundreds of billions of dollars in spending and sets priorities for the next five years or more.
“The infrastructure class currently offers a unique and compelling investment case with trillions needed to be spend across the globe in coming years,” he said.
Stimulus packages rolled out in Canada, Europe, Australia, South America and China show the global nature of the infrastructure asset class, he said.
Obama administration polices that emphasize renewable energy such as wind power will also push billions of dollars into building electricity-carrying power lines and the towers to hold them. That construction is needed to carry wind power from expanding wind turbine farms in the Midwest to population centers in the Eastern United States.
Personal Finance Writer David Pitt reported from Des Moines, Iowa.
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Mortgage Rates Dropped Again?!?
March 20th, 2009 Categories: Dripping Springs Real Estate News
That’s right! What a present for the current home buyer! Rates on a 30-year fixed loan have dropped to 4.625%, per David Hatlen of HomeStreet Bank. Hello buyers!!! Not only are we in a buyer’s market but you will also receive a fantastic interest rate as well! Who knows when we’ll see rates reach these incredible numbers again!!
Wanting to take advantage of today’s unbelievable mortgage rates and current market conditions? Call Jeremy at (512) 636-2746 for more information and let me help you take advantage of our current economic status! What have you got to lose?
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Unbelievable Acreage Property In Dripping Springs Texas!!!
March 18th, 2009 Categories: Dripping Springs Real Estate News
They say “Heaven is a place on earth”…they must be talking about this property!!!
This property lolcated at 2642 E Creek Cove is nestled within the gated equestrian community of Kirby Springs Ranch in Dripping Springs Texas. This stunning property is almost 7 acres.
A true country charmer with Texas stone and metal roof surrounded by towering oaks. Look out as far as the eye can see into some of the most beautiful hill country. 
Wide open floor plan that was meant for entertaining, gazebo, hot tub, fire pit, private garden, gated equestrian community, pine wood / concrete floors, heated/cooled 1600 sq ft work shop, and even a Texas smokehouse. Located at the end of the cove features privacy galore!
Just click this link for a virtual tour of this amazing property!
http://www.FloorPlanHost.com/2462ecreekcv
Or take a tour yourself…just call Jeremy K. Frost & The Steele Action Team today!
512-636-2746 - Jeremy@AustinHomeAndLand.com
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Texas Real Estate Texaplex Video
March 10th, 2009 Categories: Tx Real Estate News
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Amazing Custom Home in Dripping Springs Texas
March 7th, 2009 Categories: Dripping Springs Real Estate News
This is a Custom Builders personal dream home featuring hill country living at it’s best!!!
Don’t miss your opportunity to see this custom beauty built by one of the area’s best builders Haymond Homes.
Exceptional floor plan that features travertine floors and granite counter tops. Amazing wood work everywhere…cedar plank ceilings, custom cabinets and doors. Plush 2 acre lot with a wet weather pond. This stunning estate also has a gorgeous tiled outdoor living with stunning views. Look no further this is it!
Please call Jeremy K. Frost & The Steele Action Team today for your own personal tour of this truly unbelievable home!
512-636-2746 or Jeremy@AustinHomeAndLand.com
Looking for more pictures?
Just click here: http://www.FloorPlanHost.com/201canyonwood
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MrMoveUp.Com - Home Maintenance Tip
March 5th, 2009 Categories: Dripping Springs Real Estate News
Hello Readers,
Mr. Move Up here bringing you some home maintenance tips that will keep your home running smoothly!
*Instead of using chemical drain cleaners to clear a tub or sink stoppage, pour 1 cup of baking soda and 1 cup of salt down the drain, and then follow with 1 cup of white vinegar. Let it sit 15 - 20 minutes, then follow with a pot of boiling water.
*To keep your garbage disposal running smoothly and odor free, try this: Fill an ice cube tray with a mixture of 1/2 vinegar and 1/2 water. Once the cubes are frozen, place 2 - 3 cubes down the disposal a week for about a month. This will not only sharpen the blades, but also keep your disposal clean and odor-free at the same time! (Grinding lemon peels in your disposer will also work well for odors).
*Looking for more great tips from www.MrMoveUp.com just click here : Mr. Move Up’s Springs Cleaning Tips
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Keller Williams Realty - Dripping Springs Office Grand Opening March 26 5pm - 7pm
March 4th, 2009 Categories: Dripping Springs Real Estate News
We are expecting between 500-600 people from our community. The event will feature food, wine and music entertainment. Dripping Springs Chamber will host the ribbon cutting.
Three levels of sponsorships are available. Please call us if you are interested in advertising your business during this event at 829-2042.
Keller Williams is one of the world’s largest real estate companies and sponsorship will offer your company tremendous exposure and recognition.
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