A List Partners Management, LLC June 30, 2016 No Comments

Austin home sales zoom — and we zoom in on the data to find the bargains

The housing market in Austin continues a strong uptick with home sales increasing almost 10 percent year-over-year. The median price is nearly five percent higher compared to the same period of last year. “Strong gains in both pending sales and active listings both in Austin and regionally indicate a strong summer selling season could be ahead,” said Austin Board of Realtors President.

For houses listed in ZIP code 78728 – an area of North Austin mostly encompassing Wells Branch – is ranking the most attractive area for buyers. Houses listed there in May sold within a week, and the price per square foot is up 18 percent. Another hot ZIP code is 78720, where Apple Inc. recently finished its expanded Austin regional headquarters; houses were sold within an average of 12 days.

Although the overall market is doing well, some areas are experiencing price drops and much longer selling periods. In 78620, the average selling price went down 21 percent from last year. Also, in ZIP code 78669, it took about 108 days to sell since the beginning of the year.

A List Partners identifies, predicts, and plans for these pricing trends with our well-diversified portfolio. Please contact us to discuss the market!

– Shen Bao, Accounting Intern
Original Article: http://www.bizjournals.com/austin/news/2016/06/21/austin-home-sales-zoom-and-we-zoom-in-on-the-data.html

A List Partners Management, LLC June 30, 2016 No Comments

A Reason to Invest

The housing market in Austin continues a strong uptick with home sales increasing almost 10 percent year-over-year. The median price is nearly five percent higher compared to the same period of last year. “Strong gains in both pending sales and active listings both in Austin and regionally indicate a strong summer selling season could be ahead,” said Austin Board of Realtors President.

For houses listed in ZIP code 78728 – an area of North Austin mostly encompassing Wells Branch – is ranking the most attractive area for buyers. Houses listed there in May sold within a week, and the price per square foot is up 18 percent. Another hot ZIP code is 78720, where Apple Inc. recently finished its expanded Austin regional headquarters; houses were sold within an average of 12 days.

Although the overall market is doing well, some areas are experiencing price drops and much longer selling periods. In 78620, the average selling price went down 21 percent from last year. Also, in ZIP code 78669, it took about 108 days to sell since the beginning of the year.

A List Partners identifies, predicts, and plans for these pricing trends with our well-diversified portfolio. Please contact us to discuss the market!

– Shen Bao, Accounting Intern
Original Article: http://www.bizjournals.com/austin/news/2016/06/21/austin-home-sales-zoom-and-we-zoom-in-on-the-data.html

“Mortgage Rates Hit A New Three-Year Low As Brexit Looms”

Mortgage rates continue to decrease. Currently a 30-year, fixed-rate home rate is 3.54 percent, which is close to a historic low. The same period of last year is 4.0 percent. The low mortgage rates stimulate the housing market. Many investors try to take advantage of lower interest rate to buy more houses. Some perspective housing consumers also want to buy a house to avoid higher rent expenses, while creating an equity asset. Low mortgage rates increase the mobilization of the market, which also brings uncertainty and risk to the market. When investing into an A List Partners fund, investors can enjoy all the benefits of a growing market while seeing a stable return on the same time, and having a diversified portfolio of assets.

– Shen Bao, Accounting Intern
Original Article: http://www.abor.com/statsmay16/

A List Partners Management, LLC June 24, 2016 No Comments

“Home sales jump in Williamson County, across Austin-Round Rock Metropolitan Area in May 2016”

According to the May 2016 Central Texas Housing Market Report, single-family home sales increased by double-digit margins across the Central Texas region, rising 13.2 percent annually to 4,297 home sales in May 2015. In the five-county MSA (the Austin-Round Rock Metropolitan Statistical Area), single-family home sales rose 9.9 percent year-over-year to 2,909 home sales during the same time frame.

Austin unemployment recently hit a 16-year low. Tech companies continue to fuel employment growth in Northwest Austin and in turn, are driving home sales growth. With the low inventory levels and high demand within the City of Austin, more homebuyer look outside of Austin’s city limits for affordably price housing.

“Strong gains in both pending sales and active listings both in Austin and regionally indicate a strong summer selling season could be ahead,” concluded Aaron Farmer. Now is a great time to invest in the A List Partners REI Fund as we will be working on several housing developments in the area in the near future.

– Shen Bao, Accounting Intern
Original Article: http://www.abor.com/statsmay16/

Austin Tech Scene Heats Downtown

The Austin American-Statesman is reporting a huge boom in tech companies investing into downtown real estate. The Austin area has 115,000 technology sector jobs with approximately 15,000 of those downtown, and rapidly increasing. California giant Google will soon occupy more than 200,000 square feet on the western edge of downtown. Commercial rent is 40% higher than the highest tier rent in suburban areas, but employers see the premium necessary for hiring – and retaining – the best talent who enjoy an urban lifestyle of walking, biking, or a very short drive to work. 

 
A List Partners is actively working with three housing developments within ten minutes drive of downtown Austin: Enfield Road, Cesar Chavez, and Southpark Meadows. We see tremendous need and upside with these projects, and we will be releasing more information on these projects as progress occurs. 

– Jake Hallahan 

A List Partners Management, LLC May 25, 2016 No Comments

The New Hot Spots Where Americans Are Moving Right Now

In a study done by realtor.com to mark the start of the summer relocation tradition, domestic migration showed some interesting patterns. The data was taken from Census Bureau migration data from 2009 to 2013, move requests from moving.com®, and search traffic on realtor.com®. Gross numbers indicated that San Antonio (fourth in the nation) has actually become a hotter market than Austin (fifth in the nation), falling behind Tampa, FL, Jacksonville, FL, and Charlotte, NC. In the top ten list of cities with the highest population gain, Austin has the lowest unemployment rate 3.1% and the second highest median home price at $399,000 falling slightly below the number ten spot, Portland, OR, at $416,300.
 
The study also followed large cities losing population with the top two spots going to New York City and Chicago, followed by the notoriously expensive California cities of San Jose, Los Angeles, and San Francisco.
 
Most interesting of the three studies, the top destinations of Millennials was tracked with San Antonio – yes, our own San Antonio, Texas! – claiming the top destination in the entire United States for Millenials. Austin has fallen to the ninth hottest destination for this age group. Notably, Florida cities (Jacksonville, Tampa, Miami, Orlando) took spots two through five, respectively.
 
We are ramping up to do huge things in Austin and San Antonio. The timing and trajectory could not be better. Please reach out if you have any questions or comments.

– Jake Hallahan 

A List Partners Management, LLC May 25, 2016 No Comments

“China’s love for real estate knows no bounds”

A List Partners Regional Center is diligently preparing to meet with potential EB-5 investors in Asia this summer. EB-5 investment will be part of the capital stack for construction of several $10MM – $100MM projects in Central Texas.
 
According to Forbes, the Chinese EB-5 investment money has created over 200,000 full time jobs over the last six years. China accounts for 70% of the EB-5 visas issued by the United States, and the Chinese have contributed $1B per year for the last ten years for financing of real estate projects, large and small.
 
While the $1B per year in financing capital is huge, what’s even more staggering is that the Chinese have spent $93B in housing within the United States between 2010 and 2015.
 
While A List Partners Regional Center will be working with EB-5 investors, we have found a unique niche to serve our investors even further, introducing A List Partners Varela Properties.
 
A List Partners Varela Properties will be a full service real estate brokerage headquartered in Austin, Texas. ALPVP will have the benefit of having access to the full MLS, as well as marketing and sales rights for our EB-5 project properties.
 
In other words, we will be able to assist our foreign investors in gaining a Green Card, while also being able to help them purchase a home in Texas. 

– Jake Hallahan 

Source Article:

Using Self-Directed IRAs as a Vehicle Towards Higher Returns

As the economy continues to grow out of the hard-hitting recession, a growing number of investors are seeking alternative investments that can offer stronger returns for their IRAs. Unfortunately, most of the largest brokerage firms and IRA custodians do not allow their clients to participate in alternative investments. This leaves the large majority of investors constrained to the most standard of investments (publicly traded stocks, bonds, mutual funds, etc.).

Theoretically speaking, all IRAs are “Self-Directed”, meaning each person has control of what investments their IRA purchases. However, the reality of the situation is that mainstream brokerage firms and custodians will not hold anything but the mainstream investments. This eliminates just about every alternative investment option out there; including real estate projects, private stocks, REITs, joint ventures, and real estate investment funds such as A List Partners REI Fund I.

All investments involve risk, but alternative investments like real estate projects and real estate investment funds have a tangible product that can be much more easily understood than intangible investments such as stocks and bonds. There is a level of control with alternative investing, which helps to curtail risk, that simply cannot be found in your mainstream investment vehicles. If you buy 100 shares of stock in Ford Motors, and you wake up tomorrow to find out Ford’s CEO has decided to start making stuffed animals instead of vehicles, there is nothing you can do to control that risk.

Ultimately, the volatility of Wall Street and the impact of the recession has created a surge of investors moving to self-directing their IRAs and becoming more educated on all of their investment options.

To educate yourself further on Self-Directed IRAs, a good place to start is here. As always, all investors should speak with their accountant and/or financial advisor beforehand to decide which form of IRA will best meet their goals.

If you’d like additional information on real estate investment funds and various other forms of alternative investments, reach out to any of the A List Partners team members and get the conversation going!

A List Partners Management, LLC February 25, 2014 No Comments

Investor Education Video: 50 Shades of Real Estate Investment

We had a packed house for February’s free real estate investment Lunch & Learn event, where our SR Managing Partner, David Owen, discussed a variety of different strategies that real estate investors use to finance their projects.

Strategies range from traditional long-term financing through a bank, to various equity arrangements and a hard money loan through a private lender like A List Partners and Pride of Austin Capital Partners. If you’re a real estate investor, don’t miss this great piece of free educational material:

Real estate outlook still rosy for Austin in 2014

AUSTIN RANKS HIGH IN US REAL ESTATE MARKET FORECAST FOR 2014

Jan Buchholz of the Austin Business Journal reports that Zillow predicts Austin will be the country’s third-hottest residential real estate market in 2014.

“The technology-based real estate brokerage firm, which is headquartered in Seattle, ranked the top 10 hottest housing markets based on low unemployment rates, strong population growth and projected healthy appreciation of home values.”  Read the full article here.

Here’s the top 10:

1. Salt Lake City

2. Seattle

3. Austin

4. San Jose, Calif.

5. Miami

6. Raleigh, N.C.

7. Jacksonville, Fla.

8. San Diego

9. Portland, Ore.

10. Boston