Author: Administrator

RRS: Tiny homes appeal to buyers in all generations

By Mary Lynne Gibbs • 2018 Director When my daughter Kelly shared her interest with me to own a tiny house, I thought, “what was she thinking?” Why would someone have that desire and was this a fad? She explained how these homes are more environmentally friendly and offer a simplified lifestyle. As I began to educate myself about this whole tiny home craze, I decided to do some research on this concept and discovered there were several factors that folks take into consideration when looking at this as their best housing option. Footprints, efficiency and affordability are top...

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Understanding the nature of buying a condo

By Harold Copher, Jr. Willow Bend Mortgage Buying a condominium or townhouse seems to check off a lot of boxes for buyers on both ends of the homeowner spectrum — first-time homebuyers “easing” their way into the responsibilities associated with homeownership, and those looking to downsize into lower maintenance known as “lock and leave” living. Buyers know better than to delay visiting their REALTOR until they need to move in a month later. The same can be said for financing. I always suggest that clients first meet with me when there are no real time constraints. When you think...

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Associates in Progress: OnQ Financial

By Katie Agness Specializing in residential mortgage loans, OnQ Financial supports family purchase, refinances and cash-out transactions up to $2 million. “We also have sources for one-time close construction, remodel and renovation programs, foreign national loans and bank statement programs,” says Monica Jenkins, mortgage consultant for OnQ Financial. “We also originate all the local and state down payment assistance and first-time homebuyer programs.” OnQ Financial was founded in 2005 with 12 employees and expanded into the Austin market in December 2012 by opening its primary branch location at Lake Austin and Capital of Texas Highway. “Today, we have over...

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Local builder hangs up his boots, sells assets

By Riki Markowitz At the end of April, the Klein Companies issued a press release announcing that owner and operator Steve Klein was going to be semi-retiring after running the Texas-based custom home building company for 12 years. While Klein has been contemplating the complexities of retirement for some time, practically out of nowhere all the pieces fell perfectly into place. It was just about a month into 2018 when Klein was approached by three different companies interested in making a deal to acquire Steve Klein Custom Builder assets. After initial confidential talks and due diligence, Klein felt that...

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Tiny home boom or bust?

By Riki Markowitz In the Austin-Round Rock metro, there’s a housing trend that’s not so much bubbling under the surface, but rather, it’s close to bursting at the seams. In this case, “seams” is synonymous with zoning constraints. The tiny house movement is not a recent phenomenon. This is an important distinction because its longevity demonstrates that as soon as developers build a tiny-home community here in Austin, we expect that people will come. Historians of the genre credit author Henry David Thoreau with being the godfather of the tiny home movement. In 1854, Thoreau chronicled his experience living...

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21may11:00 am1:00 pmAAREB: Affordability and then Opening Your Own Brokerage11:00 am - 1:00 pm

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