Did you know: The Austin and San Antonio business journals have recognized the city of Kyle as the 2007-08 No. 1 “Hot Spot” in the Austin/San Antonio Corridor for commercial investment and development.

In June, HEB opened one of its largest stores ever in Kyle, the new HEB Plus was a must have for the residents of Kyle and even the surrunding areas.

Even larger than that will be the new Seton medical Center expected to break ground in 2010. Also announced, will be a one million square foot retail center next to the medical center. This will resemble a regional mall.

Kyle is currently the fifth fastest growing city in Texas, according the United States Census Bureau. The city’s population in 2000 was just over 5,000. The Kyle City Council set the population at just over 25,000 in May of this year. Some estimates have the city rapidly closing in on the 30,000 population mark.

Several new residential developments are in the works in Kyle, including at least one multi-family development. Currently platted development can accommodate a population of over 60,000 with room for more as the new developments come online.

Even more commercial industry expected this year in Kyle.
RSI (“Response-Service-Innovation") is currently located on Riverside Drive in East Austin and is on track to move its operation to Kyle in late 2007 or early 2008. The company is expected to bring up to 200 high tech jobs to Kyle.

My theory -- whether or not your investing in commercial or residential; both are a safe bet in Kyle.

Young adults earning at least $75,000 are buying more homes faster than either their parents or grandparents did at the same age. Nearly half of generation X home owners, born from 1965-1976, and 36% of echo boomers have already owned between two and five homes. By 2010, many of the country's 72 million echo boomers, born from 1977 to about 1994, will be buying homes.

You don't have to earn $75,0000 in order to buy your first home. Call or e-mail and I can help you get qualified whether your searching in greater Austin, Kyle, Buda, or San Marcos.

Most people think that when you purchase a new home you don't need the "hassle" of having a Realtor. When in fact you do; you need someone on your side working in your best interest.

You want a Realtor who has and is aware of new forms regarding new home construction/builders. The Texas Association of Realtors (TAR) has created a new form that will protect a client when purchasing a new home.

You also want a Realtor who will go above and beyond what other agents and Realtors do. Would you like to know information regarding the builder you choose? I will contact the Texas Residential Construction Commission and find out whether your builder has a valid certificate of registration, if there's any suspensions, revocations, complaints, and resolution of complaints on file.

512.557.4908

Lenders are getting testy. Standards have tightened in the loan industry and even borrowers with good credit and a down payment will be viewed with more scrutiny when applying for a mortgage; more so than a few months ago. Here are four rules that apply in today's marketplace in order to get that home you need.
PUMP UP YOUR CREDIT SCORE. Black marks, such as late payments or unpaid tax bills remain on your credit for seven years--even if you pay them off. Paying down other loans and reducing your credit lines can improve your score in the short run. If you have a credit card you don't use very often cancel it.
BRING PROOF. The days of "stated income" loans, in which lenders don't require you to document what you make, are over. If your employed be prepared to show your W-2 form for the previous year,and if your self employed,be prepared to show your tax returns for the past three years. Other, assets may require documentation too. If you recently got money in a divorce settlement, you may be asked to show the decree.
INCREASE YOUR DOWN PAYMENT. The more money you put down, the better your chances for qualifying for a loan.
DECREASE YOUR LOAN AMOUNT. Don't buy more house than you need. Conforming loans under $417,000 are easier for lenders to sell in the secondary market and therefore easier to approve.

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