My husband and I were in similar circumstances last year. We could rent or buy a condo and have about 1200 square feet and be close to everything downtown, or we could buy a larger house outside of the city. We bought a home in Leander. That was the right choice for us. You have to be within your comfort zone. Something made you opt to rent over buying. What was it? Go with your gut feeling. If you love where you are, then stay there.
But if you would like to explore other options with a no-pressure real estate team to determine your financial alternatives, give us a call. I'm the rock-n-roll chick who loves Austin and attended Eeyore's birthday party this year. My husband and I do the museums and explore the parks. We moved here from the Chicago area and laugh every time our friends talk about ice and snow.
Carol Pease, ABR, CRB, CRS, e-PRO, GRI
Thank you for your compliment. My husband and I are absolutely delighted with our decision to move to the Austin area and love exploring with family and friends whether old or new. (friends not age) We have done everything this year including SXSW, Eeyore's birthday party, and Mardi Gras. We explore restaurants, museums and coffee shops. I went tubing last weekend in New Braunfels. We read the Chronicle and laugh about the personal ads. We still have strong ties to the Midwest because of property and grandchildren. Our snow-plowing bill from November til March was over $1300 for our home there. I left my fully-exposed ranch on the river for Austin Texas. Do I miss it? Not much. The music here is fantastic and we have been to several concerts and made some new friends. I'm thinking about going to the Eagles concert in San Antonio but as usual hubby doesn't exactly know who they are. I drag him to Fleetwood Mac, Michael Buble, Bruce Springsteen, Rod Stewart, Harry Connick Jr, and Chicago. If it's an oldie or someone who sings oldies then I am there. So if you do decide you want to explore any of your options or you want to meet some fellow escapees from the Midwest area give us a call.
Carol Ann Pease
I am glad you are spending time out actually living your life. That is what are are put on this earth for. You two are lucky that you both agree on your living/rental arrangement. I say go have a cold one and pull up a chair to listen to a great band and don't worry about what anybody else thinks. You have done what you needed to and now it is ALL about being happy and loving your life NOT your repairman! LOL Have a wonderful week!
A couple of times in our visits to Austin before we moved our kids would take us to San Antonio and lunch on the River Walk. Both times we ate at the County Line there. Both times, out of a party of eight, guess who Mr. birdie gave a present to?
A couple of years later my son was hosting a managers meeting there. He told the story to the group at the table, and while he thought he had told it quite funny he couldn't believe the laughter he was getting. He said he thought a couple of the attendees were going to fall in the river laughing. Turns out right on cue as he was finishing the story laughingly, unbeknown to him, but in full view of everyone else, Mr. birdie gave him a little punctuation at the end of the story.
Have fun, but if you eat on the River Walk, keep the club soda handy. :-)
Carol Ann is expecting company this weekend. Yeah!!! My daughter and her husband are flying in from Illinois along with my favorite grandson. (I only have 1 grandson) Saturday to Tuesday will come and go very quickly. We've got a tentative itinerary planned for them but we are open to suggestions. We are going down to see UT, one morning. We plan to do 6th street for some music and eat at Stubbs. I think one day we will spend in San Antonio. They want to see the Alamo and Sea World. I'm not going to sell any homes this weekend. Family is more important and those times zoom by very quickly.
Carol Ann Pease, ABR, CRS,,CRB, e-PRO, GRI
We were in the second row of chairs on the left side facing the stage almost at the end of the row. However, during the show, the chairs were useless. Sonny Landreth has incredible ability and is terrific live. Mrs. Rockinblu likes his recorded stuff probably better than I do. It was absolutely a wonderful evening.
Our apartment complex is having live music by the pool this evening in conjunction with First Thursday. We could get pumped up enough to go see Sonny again at the Continental Club, or just sit with a cooler in the complex's parking lot which is directly behind the CC . lol
Try again folks to make us home owners. It ain't gonna happen. I think Betina and Carol Ann have the best understanding of our situation.
I was there, but since I don't know what yall look like I could not say hi. The show was great as usual. The last time I went to BOTG I saw Carolyn Wonderland. I just love her, she often plays at Arts Rib House on S. Lamar. Maybe we will bump into each other there?
Hubby might rub in the Cubs but not me. Baseball is not my favorite sport and really not his either. He went ot a few games with friends. I find it too slow for me. I love it when men hit each other like football. ...and I'm a real soccer fan for guys with great legs. I can't wait for the Olympics to start. I love watching competitive sports. I will e-mail you and maybe we can find something we will all enjoy.
Carol Ann Pease
Your decision to come to Austin was a good one. In my opinion I would buy instead of rent. While you rent you are paying off someone elses mortgage and helping them with their investment. I would buy something small with low maintenance. Then when the eventual happens, your kids will have a tidy nest egg to help pay for your healthcare or other special needs. Or they could spend it following The Grateful Dead.
Some pessimists say our market is going south, however the home prices are still going up, and there are still buyers buying homes. Last year Austin home values went up an average of 8.25%. Oh yes lets not forget that rent went up as well.
On the other hand I am an optimist with a healthy dose of reality. So call me if you want to see what you could buy in Austin if you decided to buy. I would be happy to drive you around a little to see whats out there. You never know you could see something that sets your heart on fire?? How can you follow your heart if you don't get off the couch?
See you on the Zilker hike and bike trails or at Continental.
One of the oft quoted statistics about Austin is that the population has doubled every 20 years for the last 100 years. Like it or not we are still tracking that kind of growth. Job growth is pulling a younger demographic to the City of Austin. Austin's ranking in various 'Best places to retire' lists is attracting another - those with "a touch of grey" (apologies to The Grateful Dead). UT has had an undergraduate student body of aprox. 40,000 since the 1960's. Retiring UT ex's alone will probably supply a fairly large contingent of new Austin resident's over the coming years.
There is a plethoria of articles and facts suggesting that what we are experiencing right now in the Austin Real Estate market is a temporary lull. More of a flat spot on the graph than a down turn. You snooze you lose. Keep that in mind as you make your long range plans. By all means devote some time to getting to know this great City better however keep in mind that 1750/month will still go pretty far in this town. How far is essentially inversely proportional to your distance from Downtown. Take advantage of this breather in the Austin Real Estate market but don't wait too long. Whenever your ready I'd be more than glad to meet you at a venue of your choosing to discuss your options. Rock n Roll is here to stay!
As far as SOCO or somewhere else. a 2/2 in that area is probably $350k+. If it fits your lifestyle, grab one as that area is considered prime and will probably go up next year. Sales prices are up 6.9% in Austin, un;like other areas ion the country.
Precisely one of my points. There comes a time in one's life when you realize that your days really are numbered, and the focus should be on your happiness during those remaining days. Our children are not so selfish that they don't understand this.
We ended up attending inside. We went to the complex's shindig. The original band booked was Soul Kitchen and they cancelled. A last minute replacement was The Bright Light Social Hour http://www.myspace.com/thebrightlightsocialhour They were great, and very nice guys as well. Of course in the limited time they had to play, I am sure we heard only their "A" material. I still would recommend them given the set we saw and heard for sure. We met some very nice people at the complex get together and were among the last to leave. We walked up to Magnolia and had a martian landscape appetizer and stopped and looked in CC on the way back. It wasn't too crowded, so we opted to go for it. Again, we were able to get right down front. Mrs. Rockinblu and I both agree while it was a good show, it was not up to the same level or intensity shown over at Zilker.
Just another great night in SoCo.
Thank you so much. Your offer is very kind and appreciated. However, you probably will rub the Cubs in too much, but you can email me if you and your hubby are looking for company at a live show at a club around here.
How about this one? At our old home we had a new washer and dryer delivered. The guy must have had too hard of a time getting the old hoses off. Didn't change them. My wife came home from our office and looked down at the patio off our walk-out and saw water gushing out on to it. What a nightmare. As I posted earlier, It was fully finished. We then had a fully finished swamp. As I also posted earlier, I could go on and on and on, but I need a Shiner just thinking about it all.
Don't worry, we have plenty of time off the couch. Thinking strongly about Saxon tonight. Been following George for about 10 yrs.
When you see the guy that goes by and tips his hat at the SRV statue most mornings around 9:45 to 10:30, come over and say Hi rockinblu.
As I stated earlier, it is not about the money. And believe me, I have had my fill of dealing direct with a myriad of repair men and contractors. Not interested. Our icemaker was not working properly the other day. I contacted our agent in the complex in the morning, and it was fixed before noon. You can't begin to even imagine what I went through with our previous house under similar circumstances. The guy left with it leaking into our finished basement. I could go on and on and on about the crappola we went through as home owners in dealing with repairs. The remainder of our lives are too short to continue with that kind of frustration. We are ready to be free at last (Sorry for borrowing that phrase with something as insignificant as the topic of this post). However, I am fully aware that my opinion of what we are doing my be looked upon in later years as a situation of "what were we thinking of," but right now we are making the most of our decision, right or wrong.
You're already comfortable with what you have and your location is outstanding. Austin is on the downturn from a housing perspective and not expected to rebound any time soon, especially going into the end of summer and an election. I'd sit this one out in your wonderful location and laugh at everyone trying to buy into a declining market. Then maybe after the election, take a sampling of the market to see what's up, check into the financial markets and look for some stability, and do a really good analysis of the pros and cons, both personally and financially. We haven't hit bottom yet and I don't think we will this year. Unless you have a pressing need to own a home, with all the good and bad it brings, I'd let things settle down, get to know Austin by living here (even visiting for 10 years isn't the same as living here), and consider visiting the issue again very late this year or early next year.
If I can be of any assistance, feel free to check out my profile.
I hope these answer assist. Austin is a great location!