Archive for October, 2008

Austin Avenue: temporary closure

Thursday, October 16th, 2008

Main Street Manager Shelly Hargrove announced today that Austin Avenue will be blocked off on Sunday, and will remain that way possibly until Thursday to accommodate construction on the new Monument Cafe and Tamiro Plaza. Check back here for updates. As soon as I know more, I’ll edit this post.

UPDATE 10/17/08: I spoke with Ms. Hargrove earlier today, and she gave me a few more details to share with you. From Sunday evening through Thursday morning, northbound traffic on Austin Avenue will be detoured between 6th and 4th Streets. Southbound traffic will be detoured between 3rd and 6th Streets. All lanes will be blocked so that street improvements and construction of crosswalks can be completed near Tamiro Plaza and the new Monument Cafe. If you have any questions or concerns, you can call the Georgetown Utility System’s 24-hour line at 930-3555.

SNEAK PEEK: Open to HometownGeorgetown readers only (and maybe a few others)

Thursday, October 16th, 2008

About two weeks from now, a fabulous, fully-renovated four-bedroom Old Town house will come on the market, and HometownGeorgetown readers have a unique opportunity to see the house before the rest of the world can get a crack at it. If you love Arts and Crafts, you will love this home. The owners have a passion for old homes, and it shows in every detail. Wood floors throughout and lots of original trim. They’ve added period-appropriate built-ins such as a delightful wine rack with stained glass in the doors. And speaking of stained glass… just wait till you see the incredible windows in this house! I’ve included a picture of two of them below. The others are transparent, so I couldn’t include them. You can see the exterior of the house in those pictures, and that would ruin the mystery. Where’s the fun in that?
Pre-market preview of Old Town Georgetown Texas home
Pre-market preview of Old Town Georgetown Texas home
Take a look at that kitchen. The travertine counters and backsplash feel terrific to the touch, so smooth and cool. Today’s colors and conveniences, but it still has that old-timey charm. And by the way, did you notice the stained glass lighting fixtures in the kitchen and the dining room? This is such a special home. Four good sized bedrooms, three bathrooms, plus a separate office with double pocket doors. There are about 2500 square feet of high-quality living space. For outdoor living, there’s a wonderful covered porch at the front of the house, a beautiful, private deck with outdoor kitchen area in the back, and plenty of fenced-in yard space for the kids or the dogs to play. There’s even a workshop in the oversized two-car garage.
Pre-market preview of Old Town Georgetown Texas home Call for a sneak peek of this Old Town home
All this, and the house is less than 8 blocks from the square. Intrigued? Call me at 512-876-6544 or email me at Jenel@HometownGeorgetown.com to be added to the Sneak Peek list.

Adorable Old Town house within easy walking distance of the square

Wednesday, October 15th, 2008

512 S Myrtle, Georgetown, Texas Take a look at this adorable two-bedroom house in Old Town, right at the corner of Myrtle and 6th Streets, listed by RoseMary Seaback. You just can’t beat that location, only a few blocks from the square. You could get to Cianfrani’s every morning in about five minutes, and sit on one of the corner benches with your cup of coffee, watching the world bustle by.
Map of 512 S Myrtle
Let me take you on a different sort of virtual tour… with words. When you enter the house, the first thing you notice are the delicious wood floors. According to the tax records, the house was built in 1930, but a plaque on the outside shows that it was actually built in 1919. The wood floors, the brick fireplace, and all the incredible trimwork make you feel like you’ve stepped into the past, but with the added comfort of central heat and air. With double French doors separating the den from the formal dining room, both feel spacious and welcoming. The French doors look original, or at least from the same era, with glass that doesn’t have the impersonal perfection of the modern era. The windows in the living room look original, too, but someone added double-pane windows to the outside of those, keeping the historic accuracy while adding energy efficiency. The best of both worlds.
In the den, you’ll find lovely built-in cabinets surrounding the fireplace. From there, you walk into the formal dining room. The house seems to have been painted with designer colors. Whoever decorated this house has an excellent eye; you feel like you’re stepping into a Restoration Hardware catalog. To your left is a hallway that leads to the two bedrooms and the bath. The bedrooms are filled with light. Wood-burning fireplace
Quaint kitchen The kitchen is fairly small, but with built-in cabinets that extend to the ceiling, you’ll have lots of storage space. The slate backsplash begs for the touch. This house has an unexpected bonus for a small house of this era - an indoor laundry room! From the kitchen, you step directly out into the easy-care back yard. The landscaping in the front yard is filled with curb appeal, and what you see is what you mow. This house is made for someone who wants the curb appeal without all the maintenance chores.
Call RoseMary Seaback at 512-422-3800 or email her at rosemary@moreland.com if you’re interested in seeing this property. You won’t regret it - it’s a beauty!

Georgetown as a golf mecca

Wednesday, October 15th, 2008

I don’t know how I missed this one, but I just discovered that Georgetown was named one of the 10 best places for golf nuts by US News and World Reports back in July. We just keep racking up the accolades! Georgetown is the place to be. According to the article, we have 20 courses nearby.

My husband would like everyone to know that he beat his brother at golf recently… twice. He would not like everyone to know how many times his brother has beat him. They play at the Georgetown Country Club, where my brother-in-law is a member. They like it because there are very few sand traps, and because the membership dues are not astronomical.

Golfers out there, which course is your favorite, and why? Please post a comment to share your experience with others.

This week in residential real estate in Georgetown, TX

Monday, October 13th, 2008

The local economy is a living, breathing organism. The shock of headlines about the national market gave this organism the hiccups, and now it seems to be holding its breath, making us all a little dizzy. Real estate sales are very slow here in the MLS areas of GTE and GTW at the moment. While the hotsheet shows 17 sales over the past 8 days, even that low number is not an accurate picture. 7 of those sales actually took place in August and September, but were only input into the system this past week. (Bad agents, bad!) MLS activity in GTE and GTW for week ending October 13
Of course, it’s entirely possible that there are other bad agents who sold properties this past week but haven’t yet entered those sales into the MLS database.
I really shouldn’t call them bad agents. They may be excellent agents, conscientious and working hard for their clients. Everyone can make mistakes, and this is a simple lapse. It’s frustrating because the database is only as good as the people who perform data entry, and with the MLS, you’ve got a whole mess of people performing that function, and sometimes not too well.
Of the 10 properties that have sold so far in October, 4 are in Sun City Texas. The percentage of Sun City properties is much higher for those homes that went under contract this week. 8 of the 14 pending properties are located in Sun City.
There are currently 679 residential properties on the market in the MLS areas of GTE and GTW. At a generous pace of 17 sales per week, this means we have about 40 weeks of inventory right now. 10 months. Ouch.

Williamson County foreclosures and tax sales

Friday, October 10th, 2008

On Tuesday, I went with a couple of friends to the monthly foreclosure sale and tax sale on the steps of the Williamson county courthouse at the corner of Martin Luther King Boulevard and 4th Street in Georgetown. I had never been to one of these sales, so I wanted to see what it was all about. There were a far greater number of bank foreclosures than there were properties on the tax sale list, and all but three or four of the tax sales had been withdrawn by the time of the sale. Only one of the tax sale properties was bid upon, and there were three bidders vying for it. It was a property in Taylor, which I assume was a small house. The minimum bid was $2,500; it sold for $10,800. Everyone who planned to bid had to pre-register, and the winning bidder was required to bring cash or a cashier’s check within an hour or so. This is not something you can do spur-of-the-moment. For more information on Williamson County tax sales, click here and scroll down to Delinquent Tax Sales.

 The bank foreclosure sale ran concurrently, so it was impossible to follow all the sales of the day. When you get to the courthouse steps, you can pick up a list of all of the properties that could potentially be on the block. (Property owners often manage to delay or stop foreclosure prior to the sale on the courthouse steps, so many of the properties are no longer available for sale.) There are people there who work as trustees on the loans, and each of them had a number of properties offered for sale. For each property, they read statutory language, and then opened bidding. Unfortunately, I was only able to follow the sale of one of these properties. It was a house in Leander with an appraised value of about $108,000. Bidding from “the government” started at just over $84,000. I don’t know what branch of the government bid on this. I wonder if this had something to do with the bailout package recently announced. No one else bid, so the government got the property for 80% of its assessed value. Not too shabby. Anyone who bids in this sale must also have cash or cashier’s check at the ready.

I still don’t know a lot about the foreclosure process, but it does seem like someone with cash to invest could do very well in today’s market, building an empire for the future. Of course, there are a lot of pre-foreclosure properties on the market now, too, and you can get a great deal on them without having to bring $100,000 cash to the courthouse.

Art for Animals 2008

Tuesday, October 7th, 2008

Take a look at this adorable logo created for the upcoming Art for Animals benefit by local graphic artist Nick Ramos of Graphismo. (Go to the site and check out some of the other logos Nick has created. My favorite is the one for Savvy Tabby. Don’t know who Savvy Tabby is, but the logo is enough to get me wondering!) This is an auction plus. The “plus” is pretty exciting… A Chocolate Affair. An array of chocolate desserts is reason enough to attend, but helping the animals of Georgetown is an even better motivation. Art for Animals logo by Nick Ramos, www.graphismo.com
Art for Animals 2008

Ever thought of being a movie extra?

Monday, October 6th, 2008

Now’s your chance! A production company will come to Georgetown next Monday and Tuesday to film scenes at Southwestern University for an HBO movie starring Clare Danes. According to Main Street Manager Shelly Hargrove, “It’s a movie about an real-life autistic woman named Temple Brandon who transformed the cattle industry.” They’re looking for extras in their late 30’s, 40’s, and 50’s. If you’re interested, complete this registration form and email it to tgcasting@yahoo.com along with a photo.

September sales and the year so far

Sunday, October 5th, 2008

83 homes sold in the MLS areas of GTE and GTW during the month of September. During the same period last year, 93 homes sold. In 2006, a record year, 128 homes sold. The average sales price this past month was $217,448, with a median sales price of $180,000. 18 of the 83 homes sold for more than $300,000, but the majority of homes - more than half - sold for between $100,000 and $200,000. September’s median sales price is significantly lower than the median price for 2008 so far, $188,000. The median price for the same period in 2007 was $184,750. Home values have continued to rise in general, but sales have slowed. Between January and September 2007, 1032 homes sold. This year, saw a 16% drop in the number of sales, to 871.
That drop is even more significant when you take Sun City sales out of the equation because Sun City has kept pace with last year. 208 homes sold from January 1 through September 30 of 2007; 206 homes sold during the same period this year. (The median sales price in Sun City has dropped from $199,750 to $191,045.) When you remove Sun City sales from the equation, sales have dropped by 19% from last year in the rest of the Georgetown market. September home sales in Georgetown, TX

Looking for a laptop?

Thursday, October 2nd, 2008

On October 18, the city of Georgetown will auction off all their surplus materials and equipment at 1107 N. College Street, the Parks Administration building. Sounds like they have a lot of interesting things to sell. My interest was piqued by the commercial blender. I’ve been making margaritas using the crushed ice from my refrigerator, and it’s just not right. The preview starts at 8 a.m., and the auction starts at 9. They will accept checks as long as they’re accompanied by a letter from your bank, but it might be simpler to pay with credit cards or cash. For more information on what’s being sold, click here.

That’s not the only auction on October 18. That’s also the date of the Bar-Bid-Cue auction from the Georgetown Chamber of Commerce, a terrific event that’s celebrating its 27th anniversary this year. There are both a silent auction portion and a live auction portion, bidding on donations from local businesses. Last year, there were about 150 items up for bid in the silent auction alone. Barbecue dinner will be provided by Duke’s Smokehouse. Doors open to the Chamber auction at 5 p.m., so don’t feel you need to go to either one or the other auction. Make a day of it!

Georgetown Chamber auction on October 18

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