The Cain Team Austin Real Estate Blog

Are You a Cain Club Member? Earn More Points with this New Activity!

Write a Zillow Review at Cain ClubHi friends! To work towards ensuring even more people have a jaw-dropping customer service experience while buying and/or selling a home, we are increasing our presence on Zillow. If you have experience in working with us or any of our team, can you please take 15 seconds to review us on our Zillow page? For you ...

City Demographer Reports Number of Migrants in 2016 Exceeded Official Estimates

Migrants who moved to Austin in 2016 exceeded estimates made by city demographer ABJRecent estimates published by the U.S. Census Bureau that released new county and metro-area population estimates for Austin reports that the capital of Texas added 159 people per day, on average, in the past year.

The report indicates that there were 40,273 migrants, 27,735 births, and 10,304 deaths in Austin in 2016. Taking into account certain statistical adjustments, the regional population climbed by 58,301 to an estimated 2,056,405.

The federal agency...

Austin Ranks 5th in TX for Tourism Economic Impact

Austin Ranks 5th in TX for Tourism Economic ImpactWaco-based economic analysis firm, the Perryman Group, reports that the tourism and travel sector brought in around $9.1 billion in gross product for the Austin metro in 2016, making the city rank fifth behind Houston, Dallas, San Antonio, and Fort Worth in Texas. Austin's tourism industry consists of restaurants, hotels, other lodging, amusement venues, and tourism-related properties. And with almost 104,000 professionals employed in Austin's tourism-sector, it's no wonder that this news is a big thing, both for local business owners and investors....

Come and Celebrate the 60th Annual Zilker Garden Festival

2017 Zilker Garden Festival March 25 and 26 2017

Cultivate Austin: Live Here…Grow Here

Join us as we celebrate the 60th Annual Zilker Garden Festival on March 25 & 26, 2017 (Saturday, 10 a.m. to 7 p.m. & Sunday, 10 a.m. to 5 p.m.) at the Zilker Botanical Garden, 2220 Barton Springs Road.

Known in Austin as a one-stop, garden shopping destination when spring arrives in Central Texas, Zilker Botanical Garden aims to give you a complete, family-friendly event with fun-filled activities for the young and young at heart.

At the garden festival,...

Top 10 Cities Where Downtown Living is Making a Comeback

Austin Makes it to list of top U.S. cities where downtown living is making a comebackDowntown living is commonly defined as taking up residence right at the heart of the metro, where the bustling city of lights and steel jungle offers EVERYTHING an individual wishes for-- all a stone's throw away. This is especially the case if the city in question is a large metro, where business, entertainment, and the arts are all at its bustling center. Downtown living in the present day is an expensive urban lifestyle dreamed of by passionate young professionals, but did you know that living in the city became undesirable for a time?

After World War II, most Americans left the cities to live in more...

Hot New Listing! 11713 Barrington Way

Austin Home for Sale 11713 Barrington Way

Updated residence with plentiful bedrooms! Beloved features include updated kitchen, contemporary features, wood flooring, spacious living room with fireplace and high ceilings. Internal upgrades include 2012 water heater, 2013 AC unit and compressor. French doors open to large yard defined by gorgeous landscaping, mature oaks, serene pond, and easy walkway to the front of property. Conveniently located near local schools & shopping.

Austin Home for Sale 11713 Barrington Way Austin Home for Sale 11713 Barrington Way...

The Cain Team is Giving Away Amazon Echo Dots this Spring!

The Cain Team is giving away Amazon Echo Dots! Find out how to get one, free!

Who do you know that's considering selling their home in the Austin TX area? Simply introduce us and we'll be more than happy to give you a FREE Amazon Echo Dot as a "thank you" gift once your referral hires us to exceed their expectations!

This Spring from March 20th to June 20th, 2017, we'll be giving away this awesome freebie as a thank you for the kind gesture.

Are the people you know planning to sell at a later date? No problem! All you have to do is make the introduction, and then they hire...

Tax Deduction Checklist: Things You Should Know

Tax Deduction ChecklistWho says paying taxes isn't fun? Well, it isn't, but it is our solemn duty to do our part, right? In any case, there are certain loopholes that make it legal for you to minimize the amount of tax you have to pay without getting in trouble with the IRS. This is especially the case if you are a homeowner, as you are privileged to enjoy certain tax deductions. Familiarize yourself with the most common tax breaks and see how far you can go at minimizing your taxes. Here they are:

Mortgage interest

The interest you pay on your mortgage is tax-deductible for loans of up to $1 million. Be prepared to itemize your deductions to take it, but it's worth it especially if you just bought a home. Most mortgages are structured with payments paying...

Money Moves that Can Affect Your Mortgage: Avoid at All Costs!

Money Moves to Avoid Before ClosingSometimes, we easily let our guard down while waiting for closing. This is especially the case after going through the tedious process of getting pre-approved, finding that dream home, and having your offer accepted! But there is no reason to be lax about the closing process until it's actually over. There are some money moves that you have to be careful with while waiting for closing, as they may affect your mortgage. The Cain Team lists them out for you here:

Adding to Your Credit Lines

Applying for a new credit card or requesting for a credit limit increase might not hurt you too much in the months before you close on a home, but be warned! Certain credit inquiries can lead lenders to reflect on your recent attempts to borrow additional...

Open Houses on March 11... See You There!

The Cain Team would like to invite you as we host open houses for two of our hottest, new listings! Know more about the properties we have on offer by clicking on their corresponding links below. Open house is on March 11, 2017 (Saturday), from 1-4PM. For inquiries, give us a call at (512) 522-4659 or send us an email by clicking on this link. See you there!

Open House in 242 Caraway The Cain Team

Open House at 242 Caraway Dr.

Property Details >>

Open House at 8909 Jesse James Dr The Cain Team...

Hot New Listing! 3005 Bond Dr

Austin Condo for Sale 3005 Bond Dr 277C

This Condo lives like a Home! The lot was chosen as the location for the community Model Home because of the oversized wrap around yard and elevated views of the community, there is nothing else like it! Enjoy the Pool and lounge area for relaxation only a few steps away. Your guests will enjoy parking located directly in front of your home. The sellers truly enjoyed this home prior to their move to San Diego, and added unique touches.

Austin Condo for Sale 3005 Bond Dr 277C Austin Condo for Sale 3005 Bond Dr 277C...

Hot New Listing! 8909 Jesse James Dr

South Austin Home for Sale 8909 Jesse James Dr

Stylishly updated South Austin residence. Features include beautiful flooring and contemporary fixtures throughout. The inviting entry way opens to large living room with cozy fireplace encased in stone-detailing. Gorgeous master bedroom and spa-like bath. Ample natural lighting and lovely cool hues throughout. Fantastic mother-in-law suite floor plan, perfect backyard deck for entertaining. Located on peaceful street in safe neighborhood down street from the park!

South Austin Home for Sale 8909 Jesse James Dr South Austin Home for Sale 8909 Jesse James Dr...

Hot New Listing! 8205 Alabama Dr

South Austin Home for Sale 8205 Alabama Dr

Gorgeous Shiloh home, lot adjacent to cul-de-sac. Features include unique open-floor plan, Google fiber, high ceilings & perfect combination of natural/recessed lighting to create a truly warm & inviting space for any needs. Modern kitchen & dining area open to living room w/ cozy wood burning fireplace encased in stone-detailing. Private serene outdoor deck overlooking greenbelt views and mature oaks. Mins to downtown and best of South Austin!

South Austin Home for Sale 8205 Alabama Dr South Austin Home for Sale 8205 Alabama Dr...

5 Pet Tax Deductions for Animal-Loving Homeowners

5 Pet Tax Deductions for Animal-Loving HomeownersDid you know that we, Americans, love our pets so much that we just spent a cool $62.75 billion on them in 2016? Imagine the total amount of pet food, chew toys, and other pampering pet products we bought!

While our pet's loyalty, love, and affection are oftentimes the best payment we can receive for taking care of them, our loyal buddies can also help us in more ways than you can imagine. Did you know that pets can also help you lessen the amount you need to pay in taxes? Realtor® enumerates five pet tax deductions you could use:

1. If you moved recently for work

If you moved...

A Fool-Proof Guide on Renting vs. Buying

Renting vs Buying"Am I ready to buy a house?"

Answering this question is not easy. In fact, it's the kind of inquiry that requires additional consideration of things you wouldn't normally worry about with others matters, like buying a car or switching jobs. While there is no universal formula that can give you a 100% accurate response to this question based on your personal circumstances, there are 5 guide questions that can help you decide which option is best based on your current situation. Here is our fool-proof guide on renting vs. buying:

Q1: "Can I afford it?"

It's best to assess yourself by using a home affordability calculator that can determine if you can afford a home, and if "Yes", then how much you can afford. It calculates using your income, monthly...

Hot New Listing! 242 Caraway

Kyle Home for Sale 242 Caraway

Picturesque 100% upgraded Plum Creek home with notable featuring including new 20X30 wood deck, surround sound, bamboo wood flooring, stainless steel appliances, automatic thermostats, energy and sound-insulated walls; low monthly bills, plentiful outlets, on-site water heaters, huge walk-in pantry and kitchen, gorgeous master suite and upstairs bedrooms graced with French doors to walk-out balcony. Conveniently located in great neighborhood with golf course views!

Kyle Home for Sale 242 Caraway Kyle Home for Sale 242 Caraway...

Selling Up? Why Not Hire Someone to Live in Your Home?

Sell Your Home by Letting Someone Live in ItWhen it comes to selling a house, appearances count. That’s why more and more homeowners hoping to wow buyers will hire a home stager—a magician-like professional who swoops in with stylish furniture you’d never own, blandly tasteful modern art you’d never hang, and an undeniable flair for organization, and makes your place look, well, picture-perfect. It’s the stuff that full-asking-price offers are made of.

The downside: While staging may help your home sell faster, it makes it look a bit, well, staged. But now there’s a way to get a more genuine, lived-in look: Just hire someone to live in your place!

Here’s how this weird but growing trend works: Once you hire a staging company to sell...

Selling? Top Reasons Why FSBO is NOT the Way to Go

Why You Should Not Sell Your Home by Yourself FSBOIn today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers

Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the home they actually purchased?

  • 51% on the internet
  • ...

The Real Score Between Renting and Buying

Renting vs. BuyingThere’s about $13.1 trillion stashed away in the United States, in plain sight. Where? In our homes!

Do we have your attention yet?

That’s the total value of the equity held by over 75 million U.S. homeowners, according to the latest estimates from the Federal Reserve Board. And that works out to almost $175,000 per owning household.

This is unmistakable evidence that homeownership is a critical building block of household wealth. Owning a home is a key reason why the median net worth of a homeowner is almost $200,000 while the median net worth...

What Sellers Need to Know about the EMD or Earnest Money Deposit

Facts about the EMD or Earnest Money DepositThe main purpose of the earnest money deposit is to provide assurance to the seller that the buyer is intent on purchasing his property. However, the intention of a buyer to push through with a home purchase is not always 100%. Receiving an EMD is assurance that the seller gets fair compensation for the time when the property was taken off the market with the expectation that the transaction will end at a completed home sale transaction. But how much is too little or too much?

Here’s everything a home seller needs to know about an earnest money deposit, and how to keep the funds if a sale goes south.

Know how much earnest money is enough

The amount of an earnest money deposit can vary wildly.

“As a broker, I’ve had...