Sometimes federal programs get a bum rap, because there is so much bureaucracy tied up in it. The cost to run the program and time consumed in applying for it can exceed the benefits. There are two federal programs, though, that deserve a closer look if your home is in need of repair, or you are considering buying a home in need of repair.

Like all government programs, however, there are specific requirements.

The “Rural Housing: Housing Repair Loans and Grants” and the “Section 203k Rehabilitation Mortgage Insurance” programs are poised to assist homeowners to obtain loans or grants to repair a current home or homebuyers to obtain a mortgage to cover the cost for the purchase and repair of a home.

Rural Housing: Housing Repair Loans and Grants program helps homeowners for the repair, improvement, modernization related to their rural dwellings. Funds are loaned at 1 percent interest for up to 20 years. Grants are available for homeowners to apply only for repair and improvements for the removal safety issues.

For eligible recipients who are able to repay a portion of the expenses, a combined loan and grant package may be arranged. The requirements are that you must live in a rural area and be a legal United States citizen.

For eligible homeowners, loans may be approved to 20k. Grants are available for up to 7.5k. A current home mortgage, along with full title services, is required for loans that exceed 7.5k

If you are interested in applying for this program, you’ll need to start by submitting an online application or contact the following for more information:

* Contact the Rural Development field office in your state – find the field office.
* For information about rural development loans, visit the USDA Rural Development website
* For information on Rural Development Housing visit their website

Section 203c Rehabilitation Mortgage Insurance -
Typically, if you want to buy a home in need of repair, you’re not able to build the cost of repairs into the home loan. You have to obtain a loan to pay for the home, acquire additional financing for repairs and then finance a permanent combined mortgage to cover both. You may be charged a high interest rate for the interim loan, along with a short amortization period.

With the Section 203 Rehab program, however, eligible participants may be approved for one loan to address the purchase and rehab of a home in need of repair. The loan considers the cost of the home in addition to the cost of projected repairs, and involves a long-term loan with a fixed or adjustable rate.

Program requirements are minimal. The property must meet local zoning requirements and building standards. The home must also be a one- to four-unit dwelling, and be completed for at least one year. Cooperative units are not eligible.

Ki serves the Austin area with his website and provides information on Austin real estate. Interested parties can search for homes in the Austin MLS. His site has statistics on Austin real estate and Round Rock real estate.

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The 30 year rate fell from 4.42 to 4.36 this week. This is the 6th week in a row where rates have fallen. But more importantly this is the 5th week where we have hit a new all time low. In that time the 30 year rate has dropped from 4.57 to 4.36. Considering that 4.57 was an all time low this is a decent drop.

The 15 year dropped from 3.90 to 3.86. The 5 year arm stayed even at 3.56 and the 1 year arm dropped from 3.53 to 3.52. These were all time lows for the respective mortgage products. Below are rates from the weeks from Jul 29, 2010 to Aug 26, 2010

Aug 26, 2010
30-fixed 4.36 15-fixed 3.86 5 ARM 3.56 1 ARM 3.52

Aug 19, 2010
30-fixed 4.42 15-fixed 3.90 5 ARM 3.56 1 ARM 3.53

Aug 12, 2010
30-fixed 4.44 15-fixed 3.92 5 ARM 3.56 1 ARM 3.53

Aug 05, 2010
30-fixed 4.49 15-fixed 3.95 5 ARM 3.63 1 ARM 3.55

Jul 29, 2010
30-fixed 4.54 15-fixed 4.00 5 ARM 3.76 1 ARM 3.64

Feb 11, 2010
30-fixed 4.97 15-fixed 4.34 5 ARM 4.19 1 ARM 4.33

So while its interesting to look at mortgage rates at the end of the day mortgage payments is what really matters to most of us. We took today’s rates and translated them into a payment on a 200k loan. We also did the same thing with rates from August, 12 2010 and rates from February, 11 2010.

Aug 26
30-year $996.8
15-year $1465.38
5-year ARM $904.8
1-year ARM $900.32

Aug 12
30-year $1006.25
15-year $1471.37
5-year ARM $904.8
1-year ARM $901.44

Feb 11
30-year $1069.97
15-year $1513.68
5-year ARM $976.86
1-year ARM $993.26

Since we have been tracking these numbers this is the first time a 30 year loan for a 200k house has dropped below $1000. It almost reminds me of those misleading ads from shady mortgage brokers I used to see a few years back. So compared to February 11th (6 months ago) a month payment is down $72.17 a month for a drop of 6.83 percent a fairly substantial drop for 6 months.

So the question of course is where are mortgage rates going? Are they going to continue to plummet to even lower depths or return to normal levels? For now it looks like the government is going to do whatever it can to keep mortgage rates as low as possible, since the economy is being dragged down by a weak housing market. For the time being it’s doubtful that mortgage rates are going to rise. As long as the economy remains weak and the government remains interested we will see incredibly low mortgage rates and might see them fall a little further. It’s hard to know how much they could fall since we are in uncharted territory. But once the economy recovers we will see rates rise, perhaps rapidly, rates are at an unnaturally low level and they will not stay this low forever.

Ki is a realtor working in Austin Texas. His business offers a searchable database of Austin Texas real estate. His site also provides a mortgage rate widget and a graph showing historical mortgage rates as well statistics on Austin Texas real estate.

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Even though it’s nearly December, it’s never too early to think about summer time fun. Volente Beach Water Park is just a hop, skip and splash away from Austin, in Cedar Park. It’s located on FM 2769 right on the beach of beautiful Lake Travis.

The park has water rides and slides for every person in the family, young or old. From rides like the `Texas Twister’ that take you on a plunge that twists and turns, or how about `The Sidewinder’ that takes you and a friend down a slope and up the other side, all why you are twisting and turning sideways! How about trying to get across `Gators Crossing’ without falling in! You have to make it from one side of the pool to the other by balancing on lily pads; just a little secret; you get to hang onto a rope from above to keep from falling into the gator infested waters!

If you’re not quite up to out swimming gators, then how about jumping on the pirate ship; it’s decked out with a slide and lots of other surprises. If you don’t like that, you can always walk the plank! `The Roadrunner” also offers the adventurous at heart to take a fast swift ride down the twisting slide with lots of water pushing you along the way.

After all the pirates and gators, you’ll want to take a ride on the lazy lagoon. Just sit back and relax while floating around or playing a game of Marco Polo. Volente beach also has a nice sandy beach to visit and build sand castles or just sit back and catch some sun!

After you’ve spent the day on the beach or in the park, you can always find something good to eat. Try the Blu Parrot Grill. They have awesome food and always have live entertainment on Friday nights! What a way to end the day!

It’s never too early to start planning for the summer. If you want to check out Volente Beach, just to see if it’s something your family would enjoy, they always have a “Free Day.” When they say “free” they mean free! It’s usually in mid April and it gives families a chance to see if it’s something they would enjoy; if so, then you can even purchase season tickets.

The park offers specials year round. For mother’s day, mom gets in free. Same for father’s day, except it’s dad who gets the free ticket! Check out their website for the events they have scheduled for the season.

Looking for that perfect birthday party for your kid? Volente Beach offers several packages for parties, and you even get your own area, food, drinks and balloons. Your kids will love it, and mom and dad will even have a good time! Volente Beach also offers corporate parties as well; adults like to have fun as well.

Staying in the Austin or Cedar Park area for vacation or weekend getaways is easier than you thought, and what a wonderful way to cool down during our hot summer months.

Ki lives, and works, in central west Austin, Texas. He developed a website to track Austin real estate. Clients can search available properties in the Austin MLS. They can also search by regions for example Cedar Park real estate or west Austin real estate.

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Despite its apolitical mandate, the Federal Reserve remains one of the most politically sensitive institutions in the world, as evidenced by Fed Chairman Ben Bernanke’s opinion column on November 29th. In the piece, Bernanke criticized proposed legislation before the Senate that would seek to curtail powers given to the Fed over its near-century of existence. With approval of the Consumer Financial Protection Agency comes a new regulatory regime that may also threaten the dominant paradigm, changing the way business at the top is done for decades to come. What will the Federal Reserve’s role be in this new financial landscape, and how effective will they be in the face of continuing economic uncertainty?

The Fed’s mission is to balance between the twin specters of inflation and unemployment, which sets it apart from other central banks around the world, who usually focus primarily on inflation. This means that the Fed is seen as accountable for job growth and productivity in good times, as Alan Greenspan often did over his tenure as chairman. In tougher times, the US central bank assumes responsibility for propping up spending, as it did over the past two years of recession. By most measures, the unemployment target is far off, at a 20+ year high of 10.2 percent, when compared with short and medium-term inflation expectations. However, the Fed has remained somewhat quiet on the issue, likely fearing increasingly vocal calls for reform that have followed the heels of the financial crisis. By focusing on inflation, the Fed is acknowledging a tacit understanding that the recession has made clear: Central banks are responsible for banks, and the government is responsible for consumers.

Evidence for this strategy is everywhere, from the fiscal stimulus package to the continuing low borrowing costs for financial institutions. Many new tools created to address the credit crunch are now being unwound, with taxpayer leverage bearing the costs, most visibly through the TARP paybacks made recently. While the White House may browbeat bank CEOs to increase small business lending, the likely impact is minimal now that the finance industry is back on more sure footing. This leaves the Fed as the primary entity responsible for transparency for other banks. Yet legislation allows the Fed considerable leeway when it comes to publishing their decisions about interest rates and discount window offerings. An obvious need for oversight cannot result in further politicization of the central bank, but any choice for reform will necessitate political compromise, further complicating the issue. Some have called for Ben Bernanke’s resignation as a way to change direction, but even with new management the Fed’s hands have been made to seem tied. By exerting as little political involvement as possible, any movement on the Fed’s part to bring their expertise to financial regulation will result in political cost which they cannot bear. If they try to expand small-business lending through their balance sheet, they further run the risk of stoking inflation, another politically risky move. But little options seem available, now that the economy has begun to improve and banks have less impetus to reform themselves. But if one assumes that unemployment is a high priority now, imagine what next year’s congressional elections will look like. At least the Fed’s directors are appointed.

Ki works in central Austin. Austin homes for sale are searchable on his website. He furnishes a free search on available Austin real estate. Ki has a blog covering Austin Texas real estate.

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The 30 year rate fell from 4.49 to 4.44 this week. This is the 4th week in a row where rates have fallen. What’s interesting is not only is 4.44 an all time low. But we have been hitting new all time lows for the last 4 weeks in a row. What is even more interesting is no one cares. The market is hardly reacting to bizarrely low interest rates. It’s also gotten very little play in the press which might be a contributing factor.

The 15 year dropped from 3.95 to 3.92. The 5 and 1 year arms dropped from 3.63 to 3.56 (5 year arm) and 3.55 to 3.53 (1 year arm). These are all new all time low rates as well. Below are rates from the weeks from Jul 15, 2010 to Aug 12, 2010

Aug 12, 2010
30-fixed 4.44 15-fixed 3.92 5 ARM 3.56 1 ARM 3.53

Aug 05, 2010
30-fixed 4.49 15-fixed 3.95 5 ARM 3.63 1 ARM 3.55

Jul 29, 2010
30-fixed 4.54 15-fixed 4.00 5 ARM 3.76 1 ARM 3.64

Jul 22, 2010
30-fixed 4.56 15-fixed 4.03 5 ARM 3.79 1 ARM 3.70

Jul 15, 2010
30-fixed 4.57 15-fixed 4.06 5 ARM 3.85 1 ARM 3.74

Jan 28, 2010
30-fixed 4.98 15-fixed 4.39 5 ARM 4.25 1 ARM 4.29

So mortgage rates are one thing but what really matters is mortgage payments so lets look at that. We took today’s rates and translated them into a mortgage for a 200k house. We did the same thing with rates from July, 29 2010 and rates from January, 28 2010.

Aug 12
30-year $1006.25
15-year $1471.37
5-year ARM $904.8
1-year ARM $901.44

Jul 29
30-year $1018.12
15-year $1479.37
5-year ARM $927.36
1-year ARM $913.79

Jan 28
30-year $1071.19
15-year $1518.76
5-year ARM $983.87
1-year ARM $988.56

For a 200k loan the monthly payment is slightly above a thousand dollars at $1006.25. Which is similar to the “low low rates” that we saw on balloons which got the country into the mess we are currently into. Of course the current mortgages don’t have sudden balloons or repayment penalties. The trick now is that the mortgages are much tougher to qualify for. Compared to 6 months ago a mortgage payment today on a 200k loan is $64.94 less a month for a drop of 6.06 percent.

So what is going to happen moving forward? It’s hard to tell in the short term. The federal government is intent on keeping rates as low as possible as long as people are concerned about a double dip recession. Over the next few weeks I would be surprised to see rates rise. After that there are two possibilities. If we move into a double dip recession I would expect rates to stay at current levels. If the economy recovers its likely rates will increase perhaps drastically.

Ki’s Austin Texas real estate business is easily accessible in Central Austin and the web. He designed a website, which includes a free search for Austin Texas real estate. His site also has several mortgage rate widgets and information on historical interest rates.

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A quaint, tree-lined rural community exists in Southeast Austin called Dove Springs, and it has a unique charm and many opportunities for recreation, housing, entertainment and access to the central city area. Dove Springs can be found by exiting I.H. 35 and traveling east on Stassney, among other routes, and the neighborhood’s proximity to the freeway is another advantage to residents.

Most of the street names include the word Dove, such as Dove Meadow, Dove Hill, Dove Wood and others. These streets are tree-lined, quiet, meandering, residential streets, with inexpensive to moderately priced homes and duplexes, as well as numerous apartments.

There is a local library at the Southeast Austin Community Branch on Nuckols Crossing, a few blocks east, and there is regular bus service to the area, as well as a good road system with close access to cities and towns south of Austin proper, since the community is also relatively close to Highways 71 and 183.

There are also many recreational facilities, especially for golfers, since the Jimmy Clay Course and the Roy Kizer Course are both just east of the neighborhood, as is McKinney Falls State Park for swimmers, boaters, hikers, anglers, and other sports enthusiasts. Park lovers will enjoy the Dove Springs Community Center on Ainez Drive, which includes an outdoor pool, three baseball fields, three soccer fields, and other facilities.

In addition, the adjacent Dove Springs District Park has a disc golf course, basketball court, volleyball and tennis courts and other park amenities such as picnic tables, barbecue pits and walking trails.

Ben White Boulevard and William Cannon are the unofficial boundaries of the neighborhood, and both streets offer access to shopping, restaurants, and other nearby interesting businesses. This area was recently the target of an improvement and renovation effort, and the successful project brought about changes which benefit area youth and families, such as the River City Youth Foundation, which has worked extensively with local youth at risk.

The area has roughly 36,000 residents, so it is a large community. The area included within its zip code, 78744, is considered the second fastest growing community in Austin, as well as an area with a large Hispanic population, and the area continues to grow rapidly.

With the large presence of Latinos, the Tex-Mex choices are abundant, and many corner grocery stores offer genuine Mexican menu items, meats, fruits, produce, and other ingredients usually found in traditional Mexican food fare. Some of these are called Camino Real, Dalia’s Tacos, (a local favorite) and El Taco Gordo, and all of which are locally owned and popular with the neighborhood residents. There is also a popular catering company called Dina’s on Peppertree, right off Stassney and Dove Meadow.

Dove Springs is also close to the restaurant row area of South I.H. 35, with many choices for shoppers and diners, including Texas Land and Cattle Company, Macaroni Grill, Johnny Carino’s, Bennigan’s, T.G.I. Friday’s and many other well-known chains, and the new Southpark Meadows Shopping and Dining Complex is also very close, offering affordable and accessible homes as well. The South I.H. 35 area is also called the Austin Motor Mile, with car dealerships in abundance, so car buyers have a plethora of choices.

Dove Springs is a family oriented neighborhood, and in the process of revitalization, so it is a great location for those on an upwardly mobile path looking for a good home price or the possibility of finding a fixer-upper with lots of potential. There are also many very nice homes already complete, and multi-family dwellings as well, so consider Dove Springs if southeast Austin and its charms appeal to you, with access to the central city as well.

Ki is active in the Austin community. He built and grew a website, which allows buyers to search for homes in the Austin MLS by specific criteria. His site has statistics on Austin real estate and southeast Austin real estate. His business is conveniently located in Central Austin.

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Home prices increased from April to May of this year by 1.3 percent, according to the Standard & Poor’s/Case-Shiller 20-city home price index. The credit for this largely goes to the government’s home buyer tax credit, which expired at the end of April.

The general thought out there seems to be that the housing market has been bolstered by the tax credit–which was the point–and now will come tumbling down again. Maybe not, says University of Chicago economist Casey Mulligan. Even the home price index report points out that May is historically a strong month for home sales.

The Home Buyer Tax Credit was part of the American Recovery and Reinvestment Act of 2009, which passed in February of 2009. The tax credit was originally an incentive for first time home buyers, but later was extended to include qualifying home owners purchasing a new home. Reporting on the New York Times Economix blog, Mulligan suggests the math is faulty when it comes to crediting this tax credit for the latest rise in the housing market.

Mulligan cites Internal Revenue Service reports that show that the average home buyer’s tax credit was around $6,000, not much when compared to the price of a home. Also, only $19 billion in tax credits have been claimed so far, which Mulligan considers to be a drop in the housing bucket when compared to the $14 trillion worth of owner-occupied houses in the United States.

Mulligan contends that the impact of the credit isn’t big enough to bolster the housing market. Not as many people took advantage of it as could have and it needs to be evaluated in the context of the larger market. Yet, real estate agents, mortgage lenders and economists are fearing the worst now that the home buyer credit will expire.

It is reported that nationally home prices have risen 5.1 percent from the bottom of the housing bust in April 2009. However, overall house prices are 29 percent lower than the height of the housing bubble in July 2006. While the percentages are vastly different across the county–Las Vegas home prices are still dropping–the housing market seems to be one sector of the economy where steady progress has been made.

Recovery can be agonizingly slow and panic can be easier to feel than patience. But as Mulligan points out, housing is a long term investment. Pinning the hopes of the housing market on the one-time, nominal return of a tax credit may not be realistic. Maybe time will show it to be the tiny jolt the recovering housing market needed, not the sugar high of a falling market.

Ki owns a full service real estate user in central Texas. He developed and maintains a website on the Austin real estate market. It allows interested parties to search for properties in the Austin MLS. It also provides statistics on different areas like West Austin real estate.

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In what has become an almost weekly occurrence mortgage rates hit new all time lows. The 30 year rate fell from 4.56 to 4.54 this week. Rates have either reached new lows or matched old lows for 5 consecutive weeks.

The 15 year also reached an all time low dropping from 4.03 to 4.00. It will be interesting to see if the 15 year fixed will fall below 4.0 in the next few weeks. The 5 year arm dropped from 3.79 to 3.76 just .01 points above the all time low. The 1 year arm dropped from 3.70 to 3.64 which is also an all time low. Below are rates from the weeks from July 01, 2010 to July 29, 2010

Jul 29, 2010
30-fixed 4.54 15-fixed 4.00 5 ARM 3.76 1 ARM 3.64

Jul 22, 2010
30-fixed 4.56 15-fixed 4.03 5 ARM 3.79 1 ARM 3.70

Jul 15, 2010
30-fixed 4.57 15-fixed 4.06 5 ARM 3.85 1 ARM 3.74

Jul 08, 2010
30-fixed 4.57 15-fixed 4.07 5 ARM 3.75 1 ARM 3.75

Jul 01, 2010
30-fixed 4.58 15-fixed 4.04 5 ARM 3.79 1 ARM 3.80

Jan 14, 2010
30-fixed 5.06 15-fixed 4.45 5 ARM 4.32 1 ARM 4.39

Ok so mortgage rates are one thing but let’s look at mortgage payments. We took today’s rates and translated them into a mortgage payment on a 200k house. For the sake of comparison we did the same thing with rates from July 15th and January 14, 2010.

Jul 29
30-year $1018.12
15-year $1479.37
5-year ARM $927.36
1-year ARM $913.79

Jul 15
30-year $1021.7
15-year $1485.39
5-year ARM $937.61
1-year ARM $925.09

Jan 14
30-year $1080.98
15-year $1524.88
5-year ARM $992.09
1-year ARM $1000.34

So for a 200k loan the mortgage payment at 1018.12 is just a little above $1000 a month. Compared to January 14, 2010 a mortgage payment today is $62.86 less for a drop of 5.81 percent. That is pretty substantial considering that rates were already pretty low by historical standards on January 14th, 2010.

So what is going to happen moving forward. Although for some time I have felt that there was more of a danger of rates going up than down (and rates in that time have gone down), I am sticking with that same basic forecast. Rates are unnaturally low. They might fall a little bit in the next few weeks. I don’t the 30 year rate falling below 4.25. But overall there is more of a chance rates will rise drastically than fall drastically. And I would suspect rates will be higher in 6 months to a year from now. If rates did fall drastically there would have to be something substantially wrong with the economy like significant deflation.

But for now the current environment favors buyers. Rates are extremely low and since this is not leading to that much excitement in prospective home buyers there is not that much competition in the market. So we are seeing a lot of houses on the market, not many buyers and very low mortgage rates.

Ki works as a real estate broker in Texas. His site is a resource on Austin Tx real estate. It provides several free mortgage calculators along with a mortgage rate widget. His site also has a blog covering Austin Tx real estate.

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Whether you’re looking for a condominium, multi-family unit or a single-family home, you’ll find an abundance available in the housing market in almost every major city in the U.S.

Florida’s slumping home market has targeted this state for some sweet deals on real estate. You’ll even find beach front property at astounding prices. Check out Cutler Bay, Fisher Island or Homestead, all in Miami-Dade County.

Nassau County has some great offerings, too, on Amelia Island. Right now you can get a beautiful condominium on Sea Marsh Road right next to Oak Marsh Golf Course listed at $100,000. It’s in foreclosure, so you know the lender would be willing to negotiate the price.

Boca Raton hosts a steal-of-a-deal on Ocean Boulevard. You’ll find a three-bedroom, three-bath, single-family home in foreclosure for only $43,200. Beachfront property, baby, right there in Palm Beach County.

Jacksonville, North Carolina is host to a bevy of beauties when it comes to affordable, ocean-front homage. There is currently a two-bedroom, one-bath, single-family home on Shoreline Drive up for sale for a mere $76,559, and it’s in foreclosure. The lender now owns the property, so get cracking and make an offer.

North Carolina beaches are hot for retirees and those looking for a vacation home. This real estate is pricier than some, but well worth the investment. Lots of foreclosure to choose from, and there’s one on West Second Street that you won’t want to miss. It’s a two-bedroom, one-bath, single-family residence with 800 square feet of living sitting serenely on beach-front property. Submit an offer, prop your feet up, and bring on the drinks with those little umbrellas in them.

More great deals can be found on the beach in Brunswick, Georgia on London Street. With lovely lochs nearby, and a white ocean beach just a stone’s throw away, you won’t be disappointed. The $55,200 home is in foreclosure and will be auctioned off soon, so you won’t want to pass this one by. You could also check out other homes for sale in the vicinity that are just as alluring.

If mountains are what do it for you, then you won’t want to miss the lovely homes nestled into the climbing elevation of the Appalachian Mountains. Gatlinburg, Tennessee is a perfect place to lay your head with views to die for as 1,285 feet above sea level. You can find a nice two-bedroom, two-bathroom, single-family home for $106,000 on Ski View Drive. With the Great Smoky Mountains National Park out your front door, you won’t lack for things to do in your new vacation home. Pigeon Forge of Dollywood fame is just a scoche away, too.

Asheville, North Carolina also has some great mountaintop villas at rock bottom prices. Shadowlawn Drive is host to a foreclosure with three-bedrooms, two-bathrooms and 1,092 square feet; although, you can find a devil of a deal on other properties there, too.

A nice three-bedroom, two-bath home is located at 686 Ada Street for a steal at only $89,000. This one is not in foreclosure. It’s got a new roof and kitchen cabinets, along with all black appliances. A steal for $89,000, this cabin won’t be on the market that long, folks.

Ki works, and lives, in central Austin real estate market. He built a website, which includes a free search of Austin homes for sale. Future homeowners can search available Austin real estate. He also has a mortgage widget to track current mortgage rates.

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Jollyville Road has recently become a mecca for shoppers, business people, and residents, due to its varied character, which is a combination of high tech businesses, shopping venues, and nice but fairly reasonably priced homes with big, shady yards.

The relatively recent addition of the Arboretum and the nearby Domain make the area a shopper’s paradise, and there are numerous strip centers, restaurants, fast food establishments, and grocery stores, among other businesses. In addition, Great Hills Baptist Church is in the center of the neighborhood, and it is one of the largest and most active churches in Austin with numerous secular as well as religious activities for all ages and lifestyles.

There is a restaurant row area as well, with a Johnny Carino’s, Rudy’s BBQ, Macaroni Grill, IHOP, and Fire Bowl, which is a very tasty oriental food place. Another choice for oriental is Twin Lion, which is quite popular with the locals, and P.F.Chang’s, also very crowd pleasing.
The insurance industry has a big presence in the Jollyville area, with quite a few franchise agencies within a stone’s throw of each other, with affordable plans available. Also, many are regularly hiring, to the delight of job seekers.

There are apartment complexes galore, but the homes are the really eye-catching residential opportunities, many of which are large one-story ranch style homes on large rolling green lawns with lots of big shade trees, many having beautiful views. There are also quite a few contemporary multi-level homes that are in great condition and very appealing. A number of small creeks permeate the area, so many of the homes have views or even access to these streams, making the homes even more desirable.

While shopping at the Arboretum, visitors have a choice of products from Barnes and Noble, Chico’s, the Gap, Nine West, and the Pottery Barn, just to name a few, as well as many choices of dining options, including T.G. I. Friday’s, Amy’s, the Wiki Wiki Teriyaki, Serrano’s, and Kenobi Sushi, among others, all within the confines of the Arboretum itself.

There are also many other types of establishments, including hair salons such as Salon 505 and accessory shops such as Sunglass Hut. The centerpiece of the Arboretum is the luxury Renaissance Hotel, but the visitor to the area has many other choices of lodging too, including the Hilton, Hampton Inn, Staybridge Suites, Hyatt, and Holiday Inn, all within close proximity to the Jollyville area.

The area is also very well supplied with medical facilities, including Seton Northwest on Research at Braker, just a few blocks east of Jollyville, and the Quarry Lake medical complex, which includes Austin Radiological Association, among others, so if one is in need of regular intensive heath care or the occasional checkup, this is a great area to consider residing.

Spicewood Springs, Canyon Creek and Bull Creek are also very accessible for residents and visitors to the Jollyville area so recreation is aplenty, especially for swimmers, walkers, hikers, and dog walkers, with the abundance of hike and bike trails and greenbelts in the neighborhood.

There is a new library under renovation, and many library branches are in close proximity, one called Old Quarry, which is adjacent to Village Drive a few miles south of Jollyville, and Spicewood Springs Branch, a larger city library on Spicewood Springs, as well as the Millwood Branch which is near Parmer Lane. In addition, the North Village Branch is on Steck, also very close, so readers and library patrons have a library in each direction, all modern and well-stocked.

The Jollyville area lately has been noted for reasonably priced, nice homes, so with all of the nearby attractions, as well as proximity to U.S. 183, Loop One, and Loop 360, and close access to the lakes and hill country, it is a thriving neighborhood. This neighborhood is very cosmopolitan, but very comfortable, so consider northwest Austin if you enjoy scenic beauty, yet also a metropolitan and modern lifestyle!

In Austin, Ki organizes information on Austin Texas real estate on a website. It furnishes a process to search for available homes in the Austin MLS by specific criteria. He has lived and worked in Austin for over a decade. His site has a blog which covers Austin real estate with market graphs and statistics.

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