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Updates from April, 2018 Toggle Comment Threads | Keyboard Shortcuts

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  Steve Young 9:50 AM on April 21, 2018 Permalink | Reply  

  Cara Young Fish for Life May 20th Event! 

  Howdy, everyone! Hope Y’all are enjoying the spring weather. We’re kicking off 2018 with a new event, set for Sunday, May 20th at The Longhorn Saloon in the great Fort Worth Stockyards. There will be live country music along with a live auction. Sonny Burgess will be the emcee for the day. Will be posting the time later.

  Click here if you would like to make a donation to the Cara Young Charities

  We are collecting items for the auction and have some great stuff for sure:

  Pellet Grill from Green Mountain Grills
  $300.00 gift certificate from Rod Patrick Bootmakers
  $120.00 gift certificate (dinner for 4) from Horseshoe Hill Cafe
  Framed artwork by Bob Coronato from Adobe
  Western Art Gallery, $500.00 value
  Rangers baseball tickets from Texas Rangers Baseball Club
  For the ladies, a $900.00 gift certificate from Anderson Plastic Surgery and Medspa

  Another great donation for The Longhorn Saloon event.
  Firestone & Robertson Distillery has donated a tour & tasting certificate for (4) along with a bottle of their TX WHISKEY. You don’t want to miss the opportunity to bid on this! A beautiful place right here in Fort Worth producing some great whiskey and bourbon. Thank you, Coady and everyone at the distillery for your generosity and support. Be sure to visit and like their Facebook page.

  Another great donation for the upcoming fundraiser event on May 20th at The Longhorn Saloon. P & C Welding & CNC Cutting, located in Hooks, Texas has donated a custom fire pit! This will make a nice addition to anyone’s backyard or favorite outdoor gathering spot. Thank you, Paul, for your generosity and welcome to the Fish For Life family.
  Be sure to like their Facebook page; P&C Fab, or follow them on Instagram @pc.fab.

  Hopefully will be adding a few more by the time of the event.
  So be sure and save the date of May 20th and come to The Longhorn Saloon for a day of fun and music! We will be posting times and the music artist just as soon as possible.

  Click here to make a donation to the Cara Young Charities

  

   

   
   

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  Steve Young 6:44 AM on April 18, 2018 Permalink | Reply  

  TREC Consumer Protection Notice 

  

   
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  Steve Young 6:33 AM on April 18, 2018 Permalink | Reply  

  April 2018 Newsletter by Steve Young 

  Welcome to Steve Young’s most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling or leasing your home, or just interested in homeowner issues in general. 

  Please click on this link to view the Housing Trends April 2018 Newsletter  Steve Young’s April 2018 Newsletter

  The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources. 

  If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:  What is my home or property worth? 

  Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future. 

  Sincerely yours, 

  Steve Young
  RE/MAX Associates
  4105 S Bowen Rd Arlington TX 76016

  817-276-5149

  Texas Real Estate Commission Information About Brokerage Services  

  TREC  Consumer Notice

   
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  Steve Young 7:39 AM on April 11, 2018 Permalink | Reply  

  BCO Spring Concert Series 

  The Brazos Chamber Orchestra is inviting you to our Spring concert series. We hope you can invite your family and friends to attend one of the venues listed below! Patriotic is the underlying theme of our 2018 Spring Concert series! We’re less than 2 weeks away from our first performance at The LOT Downtown in Mansfield. Mark your calendars and get ready for an exciting week of BCO concerts and LIVE coverage!

  Granbury, Cleburne, and Burleson will feature Mr. Dean Peiskee as the soloist in a performance of the Rachmaninoff Piano Concerto No. 2 in c minor; this is a performance you don’t want to miss, under the direction of Maestro David Anavitarte.

  7:00 PM – April 22, 2018 – The Lot Downtown, Mansfield

  7:30 PM – April 23, 2018 – First United Methodist Church, Burleson

  7:30 PM – April 24, 2018 – First Baptist Church, Cleburne

  7:30 PM – April 26, 2018 – Granbury First United Methodist Church

  Concerts are free but donations accepted at concerts.

  BCO Website 

  

   

   
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  Steve Young 2:25 PM on April 5, 2018 Permalink | Reply  

  Texas’ Housing Inventory Hits a 28-year Low 

  Recent U.S. Census data show Texas’ population grew by more than 1,000 people a day last year. Many of those new arrivals may find housing options here limited.

  A new Real Estate Center report shows the state had a 3.4-month supply of new and existing single-family homes for sale in February, a 28-year record low for the state. This means it would take 3.4 months for homes listed for sale to sell at the market’s current pace. The Center considers a six-to 6.5-months supply a balanced market.

  “Existing homes have been in short supply for a while,” said Center Research Economist Dr. Luis Torres, who co-authors the Center’s monthly Texas Housing Insight report. “The big difference is now the shortage of new homes is more pronounced.”

  Statewide, new-home permits were down 2.6 percent in February even though they maintained upward momentum from last year, the report showed. Although Texas led the U.S. in permits issued and accounted for more than 17 percent of the national total, permits per capita remained more than 36 percent below the state’s pre-recession levels.

  “Building permits peaked in 2007, and they’ve never come back,” Torres said.

  Meanwhile, housing starts were 39.5 percent below pre-recession levels.

  While demand for new homes is high, Torres said many builders are hampered by a number of supply constraints and new building regulations.

  “The lack of land available for development has hurt new-home construction,” he said. “There’s a small supply of land for building new homes, and demand is high. That pushes up land prices and makes it more costly to build a new home.”

  Torres said land accounts for roughly 20 percent or more of the cost of new-home construction.

  “If I’m a homebuilder and the land is expensive, for-profit reasons I’m going to build a bigger, more expensive house,” he said. “That’s suppressing the lower end of the market.”

  Torres said high land costs are especially problematic for medium and smaller builders who might have less access to credit than the larger builders, making it harder to buy land. Lumber and labor costs are also hindering new construction.

  “The U.S. imposes tariffs on Canadian lumber, which adds to building costs,” Torres said. “Also, there’s a shortage of qualified, skilled laborers. When the housing bust happened about ten years ago, many laborers left the construction industry. It’s difficult to replenish them. Builders and subcontractors are struggling to find skilled laborers even with wages increasing.”

  Torres said new building regulations are causing difficulties for builders.

  “New regulations increase costs, and those will be passed on to the consumer,” he said. Houston’s city council passed a regulation this week requiring new homes built in the floodplain to be elevated. Torres said regulations such as these will be important because of the impact they could have on the new-home market.

  Authored by Torres, Chief Economist Dr. Jim Gaines, Research Associate Wesley Miller, and Research Intern Bailey Cuadra, the Texas Housing Insight report is at http://txrec.io/2kpVYzg.

  By Bryan Pope, Managing Editor, Real Estate Center at Texas A&M University
  April 5, 2018/Release No. 08-0418