June 21st - 23rd | The Austin Weekender
The Weekender Read on for more information on local events and activities happening all weekend long! Friday, June 21st | 6:00 PM Bands in Bloom at Zilker Botanical Garden Zilker Botanical Garden Conservancy’s summer music series returns with a new name, Bands in Bloom, featuring live music in the Mabel Davis Rose Garden. Guests are invited to pack a picnic and chairs or a blanket and cool off with sips provided by Rambler and Desert Door Sotol. Learn more here! Summer Sunset Paddles Wind down the evening this weekend by floating from the comfort of your kayak, paddle board, or pedal kayak while enjoying a beautiful assortment of colors in the sky from Lake Travis. Guests are allowed to bring a small cooler (no glass) as well as your furry friends! Purchase tickets here! Friday, June 21st | 7:15 PM Saturday, June 22nd | 9:00 AM Wildfire Farmer’s Market Join Wildfire Farmer’s Market in Leander this weekend and enjoy the vibrant market with local vendors offering fresh produce, baked goods, meats, local honey, and handmade crafts. Guests can shop for unique pottery, jewelry, textiles, antiques, and more. Learn more here! Live Music at Sidecar Tasting Room Visit Sidecar Tasting Room in Dripping Springs this weekend to enjoy live music from Ryker Pantano! With performances ranging from Founders Day, a fundraising event for DSHS project graduation to Sidecar, his captivating talent promises tunes you'll love. Click here to learn more. Saturday, June 22nd | 4:00 PM Sunday, June 23rd | 12:00 PM Flor Keeps Workshop Grab your friends and build your own dried floral bouquet! Flowers, vase, and materials are included and guests are free to BYOB. The workshop will walk you through assembling the styles, and a variety of flowers & fillers will be available to add on to your arrangement. Reserve your spot here!
Appeal 2024 County Appraisal Values
2024 APPRAISAL NOTICES ON THEIR WAY TO PROPERTY OWNERS As we approach April, many counties across Texas are preparing to release their 2024 appraisal values, and it's anticipated that many of these values will be exceptionally high. If you've purchased a primary residence in the past few years, it's crucial to ensure that you establish your Homestead Exemption. The good news is that you no longer have to wait until January 1st to file for your homestead exemption; you can now file it the day after you close on your property. It's important to note that the homestead exemption is only available to owner-occupant properties and not investor properties. Be sure to check your appraisal values to determine if you should file a protest. You can find specific information for your county below, including links that can also inform you if your Homestead Exemption has been created. Travis County Williamson County Hays County Bastrop County If you're considering protesting your taxes independently, please reach out to me! I can provide you with comparable sold properties within your area to aid in the process. Alternatively, there are companies that can assist you in launching protests on your appraisal values. Consider exploring the following options: 5 Stone - fivestonetax.com Ownwell - ownwell.com Texas Protax - texasprotax.com Texas Tax Protest - texastaxprotest.com Discount Property Taxes - discountpropertytaxes.com Despite the market decline over the last two years, many county-assessed property values have increased. It's crucial to monitor your appraisal value not only in the year following your home purchase but annually, and to file a protest if you disagree with the assessed value.
Compass Update 3-5-24
DID YOU KNOW? * Home Insurance rates are rising....not just in a few US states. The wildfires in Texas and Oklahoma highlight how many areas in the world are seeing a higher occurrence of more extreme weather property damage combined with higher replacement costs.... Aziz Sunderji addresses this topic here. * The regulations for squatters rights vary from state to state, but all 50 states have them. The major difference in these laws is the timeline for how long an occupant must have resided there before they claim the rights to the property. Professional agents should know their local laws and alert their clients who keep properties unoccupied for extended periods of time how to protect themselves from what can become a costly and lengthy battle. * A friend of mine has created a new form of vacationing campsite-style experience.....The DOMES AT CATSKILLS.....glamping in the Catskill Mountains, about 90 minutes from Manhattan. Many country homes include 'glamping' moments within their properties. * Is a Whole Foods Market Daily Shop coming to your hood? These new, smaller Whole Foods will range between 7,000 -14,000sf – a fraction of Whole Foods stores, which average about 40,000sf. The first one comes to the Upper East Side in NYC where 5 leases have already been signed. “The market is way weighted to a very soft landing. And when you look at the pattern of facts the last three or four years, it’s hard for me to see it’s going to be that simple,” - David Solomon, Goldman Sachs * Chicago is proceeding with a revamp of empty downtown office buildings initially estimated at $1 billion in an effort to counter a commercial real estate crisis that’s cut office sale prices by more than 50%. Adding new home inventory via conversions is part of the great rebalancing in all things real estate. (Bloomberg) “When times get tough, when income dwindles and interest rates spike, fashion often shakes off its blinkers and realises that people who spend money tend to want to look like they do.” - Alexander Fury (FT), speaking to a new trend that is the exact opposite of quiet luxury....."mob wife" luxury. * Annual Ozempic in the US costs about 10 times what it does in Britain, Australia or France. In Denmark - the home country of Ozempic producer Novo Nordisk - the cost of the drug is under $3,500 a year, roughly 25% of the US..... THIN-flation?? * The inventory of houses for sale in Austin and the number of houses that sold both increased significantly in January. In addition, national home price forecasts for 2024 have now been adjusted higher, and suddenly, the housing market is starting to look hotter. According to data provided to Business Insider by Realty Austin, powered by COMPASS, the number of new listings for houses in the Austin-Round Rock area increased by 56% in January compared to December and 5.1% compared to the same period in 2023. In addition, the demand for houses appears to be surging, with sales up 19% compared to the previous month and 4.3% compared to the first month of 2023. * Post Brothers CEO and co-founder Michael Pestronk highlighted the real estate opportunity brewing in urban areas as some Americans are opting to rent instead of buying a home. The "Forever Renter" is something happening on the higher end for those who could easily afford to buy but choose not to....Shark Tank's Barbara Corcoran recently said your second home should be one that you rent out.....yes, those who are promoting the rent forever narrative are also.....the beneficiaries: landlords! ($8,000/month in rent equates to $5,75 million over 60 years assuming rents never rise.....)
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