Winter 2012 Newsletter

What a busy year it has been!  We can’t believe 2012 is ending and we’ll soon be starting 2013.2011 was a big year for the Moxie Ladies – we had our first commercial real estate transaction, did some business housecleaning and maintenance to get our LLC set up, and got to work with a lot of really amazing people (you might have been one of them).  One thing that we are really proud of is the series of workshops we’ve teamed up with other financial professionals to give to “non-traditional” folks – artists, writers, musicians, the self-employed.  We have had two “Get Your Sh*t Together” general workshops and they were well-attended, with lots of great interaction between the attendees and us and our co-hosts (see note below).  We’ll continue these in 2013, but are also planning some “spin-offs,” including our first one on January  23, 2013 at 7pm, location to be announced: Help for Homebuyers: Using  Down Payment Assistance Programs to Help Get Your Sh*t Together!

We spent a lot of time close to home this year, not much travel, although Justine did manage to finagle a hug out of Willie Nelson at his show at Gruene Hall.  We saw good bands, ate amazing food, and just generally took advantage of all that is Austin.  And we are extremely grateful to live in such a wonderful City with so much to offer!

Thank you for being a part of our year.  We are truly honored to work with you, your friends, and your family and consider it a privilege that you keep sending them our way.

As always, Moxie wants to hear from you – let us know if you need anything!

Warmest wishes for a terrific 2013,
Justine and Mishell
The Moxie Ladies
– A referral is the highest compliment you can give us. We will take great care of anyone you send our way.

P.S. If you’ve done business with Moxie and gotten good service, please review us on Yelp – here’s a link to our page.  An online presence really helps a business grow.  Thanks!


 

Market Update

Austin real estate market shows biggest sales volume increase in three years
Austin Board of REALTORS® releases October 2012 real estate statistics

AUSTIN, Texas – November 20, 2012 – In October 2012, the Austin real estate market saw the biggest year-over-year increase in the volume of single-family home sales since November 2009, according to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®.

According to the report, 1,960 single-family homes were sold in the Austin area in October 2012, which is 37 percent more than October 2011, and the total dollar volume of single-family properties sold was $543,466,840 or 51 percent higher than the same month last year.

Leonard Guerrero, Chairman of the Austin Board of REALTORS®, explained, “This is a significant increase in sales volume, even for the Austin market, which has seen 17 straight months of increasing sales. The last time our market saw increases of this size was in 2009, just prior to the expiration of federal homebuyer tax credits. To see these results now without those types of external factors stimulating the market is very encouraging.”

In October 2012, the median price for Austin-area homes also increased to $199,320, which is five percent more than the same month in 2011. In addition, the market featured 3.4 months of inventory in October 2012, which is 1.6 months less than October 2011 and the lowest inventory figure seen in Austin in the last decade.


The market also featured three percent more new listings, 20 percent fewer active listings and 19 percent more pending sales in October 2012 compared to the prior year. On average, homes spent 68 days on the market, which is a decrease of 14 days from one year prior.

Chairman Guerrero concluded, “With continued strong demand for homes and only modest increases in new listings, sellers can expect properties to move more quickly than this time last year and buyers should expect strong competition for properties.”

October 2012 Statistics
• 1,960 – Single-family homes sold, 37 percent more than October 2011.

• $199,320 – Median price for single-family homes, five percent more than October 2011.

• 68 – Average number of days single-family homes spent on the market, 14 days fewer than October 2011.

• 2,245 – New single-family home listings on the market, three percent more than October 2011.

• 6,327 – Active single-family home listings on the market, 20 percent less than October 2011.

• 1,918 – Pending sales for single-family homes, 19 percent more than October 2011.

• 3.4 – Months of inventory* of single-family homes, 1.6 months less than October 2011.

• $543,466,840 – Total dollar volume of single-family properties sold, 51 percent more than October 2011.
The following sections describe trends in other sectors of the Austin real estate market.

Townhouses & Condominiums
The volume of townhouses and condominiums (condos) purchased in the Austin area in October 2012 was 197, which is 22 percent more than October 2011. In the same time period, the median price for condos was $183,890, which is three percent more than the same month of the prior year. When compared to October 2011, these properties spent 30 percent less time on the market, or an average of 63 days.

Leasing
In October 2012, a total of 1,163 properties were leased in Austin, which is one percent more than October 2011. The median price for Austin-area leases was $1,300, which is two percent higher than the same month of the prior year.

The Austin Board of REALTORS® (ABoR) is a non-profit, voluntary organization representing nearly 9,000 licensed REALTORS® in Central Texas. As the primary source for accurate and comprehensive property listing information for REALTORS® in greater Austin, ABoR works to advance the REALTOR® mission and protect homeowner rights. For more information, please contact the ABoR Marketing Department at marketing@abor.com or 512-454-7636. Visit AustinHomeSearch.com, a public resource on Austin real estate, for the latest news on the local housing market.

* The inventory of homes for a market can be measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Get Your Sh*t Together

The Moxie Ladies team up with other financial professionals to teach and inform.

It’s always been important to the Moxie Ladies to give a little something back to the community.  And one of the things about Austin that we’ve always loved is all the people doing non-traditional things.  Whether its music, or acting, or owning a craft shop, we think that those are some of the people who make Austin, well, Austin!

So, we got together with some other people who either come from creative backgrounds or have worked with many people who are what many other people would consider “alternative” and put together a basic workshop called “Get Your Sh*t Together.”  Our goal was to provide information and serve as a resource in a non-threatening, down-to-earth way (ok, so snacks and booze help).  And we think it worked.  Some of the feedback we got included:

  • Very clear basic information and starting points for people who don’t understand financial or real estate worlds – Jason S.
  • I thought it was wonderfully informative in a relaxed environment! Cheers! – Josie F.
  • Frank and humorous approach it suits the arty-types! – Max

And we’ve met some really interesting people, too!

You can check us out at www.workshopforcreatives.com!

Justine’s Tips from the Farm*

We are so glad to have the Trail of Lights back and we will definitely be taking the family down to Zilker Park to enjoy the light displays, drink hot cocoa and visits with Santa. I love Christmas lights and love to spend some time every year seeking out new and interesting displays so I wanted to share some of my favorites:

Zilker Trail of Lights: Our personal favorite – we have been going since before the kiddos could walk and were truly bummed that it was canceled for the last 2 years.  Back and better than ever – tons of lights, yule log and local dancers! We can’t wait!
The Trail will be open from Sunday December 16th through Sunday December 23rd. Be sure to check the website for theme nights and dance performances. Gates open at 6:30 pm and will close at 10:00 pm each day. Admission to all events is free.

34th Street:  65 years of neighborhood fun! I always imagine what it would be like to be a home owner on this street – everybody goes all out. You can drive it or walk it now through the end of the year

Johnson City:  The historic hill country court house light display is beyond beautiful and the Pedernales Co-op Headquarters is my favorite – it is like a fantasy land of lights. You can walk around the grounds and there are plenty of fun photos opportunities!
Open each night until midnight from November 23, through January 1. Admission to all events is free.
Nightly Attractions

  • Courthouse with 100,000 lights
  • Christmas in the Park
  • Pedernales Elec. Co-op Headquarters with 1,000,000 lights
  • Carriage rides
  • Fireworks (weather permitting)

While in Johnson City – if you take a little drive down 281 you can check out Hill Country Christmas Lights. It is private family property with over 600,000 lights. It is just a quick drive thru but very charming and well worth it!


What are your favorites?  I am always looking for more twinkly lights and a little adventure!

*Justine lives on 5 acres in a rambling old farmhouse near Driftwood.  In her column she shares the ups and downs of country life and lessons she’s learned.  Think of her as the hotter, hipper Heloise

Events in and Around Austin

Some ideas for holiday fun from the Moxie Ladies:

The Santa Land Diaries
November 23 – December 23
Zachary Scott Theatre Center

Austin’s favorite irreverent elf returns in the 15th edition of Sedaris’ hysterical tale elfin’ woe. Enjoy his real-life story of Sedaris’ tour of duty as the elf Crumpet, and what it takes to juggle tots and tottering Santa’s during a painfully festive time of the year. A laugh ’til you cry evening of merrily subversive entertainment to delight adult audiences!

White Christmas
December 5 – December 30
Zachary Scott Theatre Center

What do Austinites dream of every December but never experience? A WHITE CHRISTMAS, of course, and this holiday your dreams come true when the beloved movie musical turns ZACH into a winter wonderland.

Blue Genie Holiday Art Bazaar
November 28 – December 2410:00a to 10:00p
The Marchesa Hall & Theater

The Blue Genie Art Bazaar (BGAB) features thousands of handmade artwork, jewelry and gifts from over 125 Austin area artists. In addition to shopping, there will be a number of special events and activities throughout the show. BGAB is a free family-friendly event, organized as an open shopping experience where shoppers can browse in a hassle-free environment with centralized checkout

Trail of Lights
December 16 – 23
Zilker Park

This Austin favorite returns to Zilker Park after a two-year absence.  Did you know that the The Trail of Lights has been an Austin tradition since 1965 when it was known as Yule Fest.  In 1992, this cherished event became what is now known as the Trial of Lights.

Wassail 2012
December 16, 5:30p
Spiderhouse Ballroom

Wassail 2012 is a Solstice/Christmas variety show to benefit starving children in the Darfur region of the Sudan. Carols, a play, morris dancing, folk music, magic and story-telling are all part of this fast-paced show. This year is the event’ 10th anniversary. All money raised goes to the Kids for Kids
charity.

Jester King Brewery Tours
December 15 – January 26, 1-4pm
Jester King Craft Brewery

Jester King Craft Brewery is an authentic farmhouse brewery committed to making artisan ales of great depth and character. Like the small, farmhouse breweries that inspired us, we seek to embrace nature and local terroir in our brewing, giving our beers a true sense of place.

Stargazing at the Roughs
December 14, 9-10:30pm
McKinney Roughs (Geminids Meteor Shower)

Don’t miss this opportunity for the whole family to explore the galaxy together as our astronomer takes you on a tour of the Milky Way that’s truly out of this world! Behold the wonder of the cosmos through our Dobsonian telescopes and venture beyond the boundaries of our planet. Learn about the constellations and marvel at the beauty and mystery of the universe in this spectacular free program for the whole family. Bring lawn chairs, refreshments and blankets for comfort and enjoy this family event. Program will be canceled in the event of inclement weather.

Junie B. Jones in Jingle Bells, Batman Smells
December 15 – 16, 21 – 22
Scottish Rite Theater

Follow sassy first- grader Junie B. Jones  and her classmates  as they embark on a hilarious adventure  this holiday season! This heart-warming, family-friendly story is a sure reminder of what the holidays are all about–the joy of giving!

Free Sparkling 101 Class!
December 19, 6:30 – 8:00pm
Twin Liquors 1000 E. 41st Street

Know what taste and style to expect from most sparkling wines sold in stores and restaurants just by looking at the label or wine list entry.
You will learn how the bubbles get into the bottle
You will learn about Champagne
You will learn about Cava
You will learn about Asti and Prosecco
You will learn about Sparkling wine with food

Blanton Free Thursdays
December 27, 10:00-5pm
Blanton Museum of Art

The Blanton Museum of Art at The University of Texas at Austin is one of the foremost university art museums in the country, and has the largest and most comprehensive collection of art in Central Texas. The Blanton’s permanent collection of more than 17,000 works is recognized for its European paintings, an encyclopedic collection of prints and drawings, and modern and contemporary American and Latin American art.

3,2,1….HAPPY NEW YEAR!
December 29, 11:30am
Bookpeople

Goodbye 2012, hellooooooooo 2013! Please join us this morning for some celebratory stories all about things that are ‘new’. We will read the wonderful book, Little Elephants, plus some other ‘new’ stories and start the year off right, the BookKids way! Don’t miss this super special on one of the very last days of 2012.

Austin’s New Year
December 31, 5:00 PM – 10:30pm
Auditorium Shores (South 1st Street and Riverside Drive)

Austin’s New Year (ANY) is an annual free event on Auditorium Shores where Austin families can come together to welcome in the New Year! ANY is an alcohol-free celebration showcasing Austin’s diverse and talented creative community through art, films, and live music. And kids and adults alike won’t want to miss the exciting fireworks finale!

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