Cain Realty Group Austin Real Estate Blog

Hot New Listing! 3920 Sendero Dr

Southwest Austin Travis Country Home for Sale

Luxurious estate situated on well-lit, quiet street with no traffic; boasts one of largest yards in TC! Enjoy Google fiber wiring, ample natural light, and open floor plan.

Renovations: new wooden front door, kitchen cabinets, counter-tops, back-splash & island, as well as refinished travertine floors, bathrooms and more! 500-year-old oak tree graces backyard, accompanied by professional landscaping. One-of-a-kind residence. Near greenbelt, award-winning schools & mins to DT!

Southwest Austin Travis Country Home for Sale...

The Best (and Worst) Places to Try Your Hand at Real Estate Investing

The Best (and Worst) Places to Try Your Hand at Real Estate InvestingBecoming a real estate investor is suddenly hot, thanks in part to those legions of HGTV-aholics inspired after binge-watching episodes of shows like “Fixer Upper” and “Flip or Flop.” But if they’re planning to purchase an investment property to rent out, even the most devoted of fans still need to figure out which parts of the country offer the best buys.

It turns out aspiring real estate moguls should head south, according to a new report by Attom Data, a real estate data firm. Three-bedroom, single-family house rentals in Clayton County, GA, home to Atlanta, earned the highest returns so far in 2017, at about 23.7%, Attom found....

Tax Tactics That Only Rich People Know

Do you ever feel like the rich just keep getting richer? Well, allow us to let you in on a little secret: Part of the reason they keep on raking in dough is that they take advantage of real estate tax strategies that many ordinary homeowners have no clue even exist. So what are they, exactly—and can we ordinary mortals take advantage of them, too?

For starters, most of these strategies involve investment properties—in other words, not your primary residence. So if you have a cabin in the woods or a beach house that sits empty most of the year, you might be in luck. Read on to follow in the well-heeled footsteps of the wealthy and maximize your tax savings this year.

Strategy No. 1: Take advantage of ‘safe harbors’

Smart investors don’t let second homes lie vacant, but rent them out, says Crystal Stranger, president of 1st Tax and author of “The Small Business Tax Guide.”...

Austin Among Top U.S. Cities Where People Want to Live

The Austin-Round Rock Metropolitan Statistical Area was the nation’s ninth-fastest growing metro last year and the most-populated location among the 15 fastest-growing metros, according to 2015-16 data released today from the U.S. Census Bureau.

The latest Census population estimate reports that 58,301 new residents moved to the Austin metro from July 2015 to July 2016, or roughly 160 new residents a day. Williamson County added 57 new residents per day and Travis County increased by 67 per day, according to the data.

The Austin metro grew from 1.99 million in 2015 to 2.06 million in 2016, an increase of 58,301 people, or a 2.92-percent increase. Of the top 10, Austin is the only area with a population greater than 1 million.

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Are You a Cain Club Member? Earn More Points with this New Activity!

Write a Zillow Review at Cain ClubHi friends! To work towards ensuring even more people have a jaw-dropping customer service experience while buying and/or selling a home, we are increasing our presence on Zillow. If you have experience in working with us or any of our team, can you please take 15 seconds to review us on our Zillow page? For you ...

Austin Voted 7th Best South City to Live in

Southern Living released a 2017 report of the top Southern cities in the United States to live in, and of course, Austin made the cut! "From the Gulf Coast to the Atlantic coast, a diverse mix of life-long Southerners, millennials, newcomers, and transplants are launching start-ups, building new restaurants, creating new music, solving problems, and coloring the South as one of it, if not the, most exciting regions of the country to live."

  1. Charleston, South Carolina
  2. Savannah, Georgia
  3. New Orleans, Louisiana
  4. Nashville, Tennesse
  5. Asheville, North Carolina
  6. Atlanta, Georgia
  7. Austin, Texas

View all of the Souths best cities here.

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City Demographer Reports Number of Migrants in 2016 Exceeded Official Estimates

Recent estimates published by the U.S. Census Bureau that released new county and metro-area population estimates for Austin reports that the capital of Texas added 159 people per day, on average, in the past year.

The report indicates that there were 40,273 migrants, 27,735 births, and 10,304 deaths in Austin in 2016. Taking into account certain statistical adjustments, the regional population climbed by 58,301 to an estimated 2,056,405.

The federal agency released this week July 2016 population estimates for 382 metros and 3,142 counties across the nation. Eleven major metropolitan areas, led by the Texas duo of Houston and Dallas-Fort Worth, are growing at a pace of more than 1,000 persons per week.

When just looking at migrants, about 110 people per day moved to...

Austin Ranks 5th in TX for Tourism Economic Impact

Waco-based economic analysis firm, the Perryman Group, reports that the tourism and travel sector brought in around $9.1 billion in gross product for the Austin metro in 2016, making the city rank fifth behind Houston, Dallas, San Antonio, and Fort Worth in Texas. Austin's tourism industry consists of restaurants, hotels, other lodging, amusement venues, and tourism-related properties. And with almost 104,000 professionals employed in Austin's tourism-sector, it's no wonder that this news is a big thing, both for local business owners and investors.

Austin's economy is becoming increasingly influenced by the hotel industry, local lodging, and rentals, but experts note that the Texas capital is still laging far behind other cities in the state. In Texas' $128 billion gross product from the tourism industry, Houston...

Come and Celebrate the 60th Annual Zilker Garden Festival

2017 Zilker Garden Festival March 25 and 26 2017

Cultivate Austin: Live Here…Grow Here

Join us as we celebrate the 60th Annual Zilker Garden Festival on March 25 & 26, 2017 (Saturday, 10 a.m. to 7 p.m. & Sunday, 10 a.m. to 5 p.m.) at the Zilker Botanical Garden, 2220 Barton Springs Road.

Known in Austin as a one-stop, garden shopping destination when spring arrives in Central Texas, Zilker Botanical Garden aims to give you a complete, family-friendly event with fun-filled activities for the young and young at heart.

At the garden festival,...

Austin-Round Rock Suburb One of Best Suburban Hotspots in the U.S.

Nationally, strong demand in the real estate market has resulted in active home listings falling by 11% and prices increasing by 10% year over year, as of January 2016. This trend is straining the affordability of homes in markets across the county. Suburbs, which provide more affordable housing options for families and first time home buyers, often gain increased interest from prospective home buyers under these kinds of market conditions.

According to Jonathan Smoke, realtor.com’s chief economist, “suburbs are traditionally viewed as a mecca for young families, willing to trade in shorter commute times and urban nightlife for better schools and larger homes, but the relationship between the suburbs and urban areas is far more intertwined. In recent years, rising home prices and inventory shortages in urban centers have made affordable suburban home prices more appealing for buyers. Our analysis...

Top 10 Cities Where Downtown Living is Making a Comeback

Downtown living is commonly defined as taking up residence right at the heart of the metro, where the bustling city of lights and steel jungle offers EVERYTHING an individual wishes for-- all a stone's throw away. This is especially the case if the city in question is a large metro, where business, entertainment, and the arts are all at its bustling center. Downtown living in the present day is an expensive urban lifestyle dreamed of by passionate young professionals, but did you know that living in the city became undesirable for a time?

After World War II, most Americans left the cities to live in more laid-back communities called suburbs, where the environment is more conducive for raising families (thus, the baby boom). City hubs declined, mianly because crimes rose, cities were crowding up without new facilities to offer, and general conditions mainly making it difficult to enjoy city life. Thus, suburbs became the new "in".

But since the 90s, the vacant office buildings, empty storefronts,...

Austin is one of America’s 20 Hardest Working Cities

Many U.S. cities represent the strong work ethic that helped to build the world’s biggest economy better than others. In order to determine which cities outwork the rest of America, WalletHub’s analysts compared the 116 largest cities across six key metrics. Our dataset ranges from “labor-force participation rate” to “average weekly work hours” to “share of workers with multiple jobs.”

WalletHub compared 116 of the most populated cities across two key dimensions, namely “Direct Work Factors” and “Indirect Work Factors.” Austin came in with the 17th spot on the list of Top Hard working cities in the United States. Click here to read more about the study and findings conducted by WalletHub.com

 

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Hot New Listing! 11713 Barrington Way

Austin Home for Sale 11713 Barrington Way

Updated residence with plentiful bedrooms! Beloved features include updated kitchen, contemporary features, wood flooring, spacious living room with fireplace and high ceilings. Internal upgrades include 2012 water heater, 2013 AC unit and compressor. French doors open to large yard defined by gorgeous landscaping, mature oaks, serene pond, and easy walkway to the front of property. Conveniently located near local schools & shopping.

Austin Home for Sale 11713 Barrington Way Austin Home for Sale 11713 Barrington Way...

The Cain Team is Giving Away Amazon Echo Dots this Spring!

Cain Realty Group is giving away Amazon Echo Dots! Find out how to get one, free!

Who do you know that's considering selling their home in the Austin TX area? Simply introduce us and we'll be more than happy to give you a FREE Amazon Echo Dot as a "thank you" gift once your referral hires us to exceed their expectations!

This Spring from March 20th to June 20th, 2017, we'll be giving away this awesome freebie as a thank you for the kind gesture.

Are the people you know planning to sell at a later date? No problem! All you have to do is make the introduction, and then they hire...

Tax Deduction Checklist: Things You Should Know

Who says paying taxes isn't fun? Well, it isn't, but it is our solemn duty to do our part, right? In any case, there are certain loopholes that make it legal for you to minimize the amount of tax you have to pay without getting in trouble with the IRS. This is especially the case if you are a homeowner, as you are privileged to enjoy certain tax deductions. Familiarize yourself with the most common tax breaks and see how far you can go at minimizing your taxes. Here they are:

Mortgage interest

The interest you pay on your mortgage is tax-deductible for loans of up to $1 million. Be prepared to itemize your deductions to take it, but it's worth it especially if you just bought a home. Most mortgages are structured with payments paying off the interest first, so if you bought a $300,000 home with a fixed-rate 30-year loan @ 4% interest, that's $10,920 in deductions!

Private mortgage insurance

Buyers who weren't able to make a 20% down...

Money Moves that Can Affect Your Mortgage: Avoid at All Costs!

Sometimes, we easily let our guard down while waiting for closing. This is especially the case after going through the tedious process of getting pre-approved, finding that dream home, and having your offer accepted! But there is no reason to be lax about the closing process until it's actually over. There are some money moves that you have to be careful with while waiting for closing, as they may affect your mortgage. Cain Realty Group lists them out for you here:

Adding to Your Credit Lines

Applying for a new credit card or requesting for a credit limit increase might not hurt you too much in the months before you close on a home, but be warned! Certain credit inquiries can lead lenders to reflect on your recent attempts to borrow additional funds, and regard these steps you've made as those of an unwise spender. Your credit score dips with any credit-related inquiries, so make sure to do these (applying for a new credit card, asking for a credit limit increase, even getting...

Open Houses on March 11... See You There!

Cain Realty Group would like to invite you as we host open houses for two of our hottest, new listings! Know more about the properties we have on offer by clicking on their corresponding links below. Open house is on March 11, 2017 (Saturday), from 1-4PM. For inquiries, give us a call at (512) 522-4659 or send us an email by clicking on this link. See you there!

Open House in 242 Caraway Cain Realty Group

Open House at 242 Caraway Dr.

Property Details >>

Open House at 8909 Jesse James Dr Cain Realty Group...

Hot New Listing! 3005 Bond Dr

Austin Condo for Sale 3005 Bond Dr 277C

This Condo lives like a Home! The lot was chosen as the location for the community Model Home because of the oversized wrap around yard and elevated views of the community, there is nothing else like it! Enjoy the Pool and lounge area for relaxation only a few steps away. Your guests will enjoy parking located directly in front of your home. The sellers truly enjoyed this home prior to their move to San Diego, and added unique touches.

Austin Condo for Sale 3005 Bond Dr 277C Austin Condo for Sale 3005 Bond Dr 277C...

Hot New Listing! 8909 Jesse James Dr

South Austin Home for Sale 8909 Jesse James Dr

Stylishly updated South Austin residence. Features include beautiful flooring and contemporary fixtures throughout. The inviting entry way opens to large living room with cozy fireplace encased in stone-detailing. Gorgeous master bedroom and spa-like bath. Ample natural lighting and lovely cool hues throughout. Fantastic mother-in-law suite floor plan, perfect backyard deck for entertaining. Located on peaceful street in safe neighborhood down street from the park!

South Austin Home for Sale 8909 Jesse James Dr South Austin Home for Sale 8909 Jesse James Dr...