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More Homes on the Market Act

The "More Homes on the Market Act" is a proposed legislation introduced by California Representative Jimmy Panetta and Mike Kelly from Pennsylvania.This act aims to increase the amount of money homeowners can exclude from declaring on their taxes when they sell their homes.

Under the current law, known as the Internal Revenue Code Section 121, homeowners can exclude up to $250,000 in capital gains from the sale of their home if they are single filers, and up to $500,000 if they are joint filers. These exclusion limits have been in place since 1997 and have not been adjusted for inflation in the intervening years.

The proposed legislation seeks to double these exclusion limits, allowing single filers to exclude $500,000 in gains and joint filers to exclude $1 million. In addition, the legislation includes a provision...

Get Ready for the iHeart Country Festival

Mark your calendars for May 13th 2023!

For the tenth straight year, Country music's biggest superstars will perform in a celebration of all things Country at the 2023 iHeartCountry Festival presented by Capital One. In addition, Bobby Bones, one of iHeartMedia's nationally-syndicated top on-air personalities, will return as the official host of the iHeartCountry Festival main stage. Past performers include Blake Shelton, Brad Paisley, Carrie Underwood, Jason Aldean, George Strait, Tim McGraw, Miranda Lambert, Keith Urban, Zac Brown Band, Florida Georgia Line, Lady A, Rascal Flatts, Thomas Rhett, Dierks Bentley and Kelsea Ballerini.

This year's lineup includes: Luke Bryan, Kane Brown, Carly Pearce, Sam Hunt, Elle King, Parker McCollum, Justin Moore, Jordan Davis, Mitchell Tenpenny, and special guest Bailey Zimmerman!

Tickets are...

2023 Austin FC Match Schedule

Austin FC recently released their 2023 match schedule, starting out strong with 2 back to back home games at the Q2 stadium starting February 25th. 

The team will play a total of 34 matches this season in both the Western and Eastern conferences. On March 4th, Austin FC will play the most recent Eastern Conference runners-up, CF Montréal which will be the first time that team will make an appearance at the Q2 stadium.

Other notable matches include Austin’s first-ever encounters with Toronto FC and New England Revolution. All matches will stream on Apple TV and four matches will also be broadcast on national television. 

View the full Austin FC game schedule, season tickets and more here


4 Reasons why NOW is the time to buy a home

Over the past year, the Austin housing market has returned back to a buyers market after months of seller advantages including low inventory, multiple offer situations, and record-low mortgage rates following the 2020 pandemic. Buyers that were previously on the fence about purchasing a home under those conditions are now offered an opportunity to take advantage of the current market conditions and purchase a property. Inventory is steadily increasing, home prices are still increasing but at a more sustainable rate, and mortgage rates recently dipped to the mid 6’s during the first week of 2023. 

Here are 4 top reasons why NOW is the time to buy: 

  1. It’s a true buyer’s market
  2. Little-to-no multiple offer situations
  3. Mortgage rates continue...

Sell your home with Culhane Premier Properties

Pictured above: Culhane Premier Properties current listing, 4517 Bat Falcon. Listed in Cimarron Hills by Hal Elrod

If you are planning to sell your home this season and don’t know where to start, Culhane Premier Properties has you covered!

Who you choose to sell your home matters. Our seasoned real estate professionals are top-tier at getting your property SOLD along with the customer service and real estate success you deserve. When selling your home with Culhane Premier Properties, you can expect expert advise and knowledge of the current market, strategic pricing, and competitive marketing.

The next step after hiring an agent is to get your home ready to hit the market! Your agent may recommend making some upgrades or having the home staged. Remember, the goal is to try and look...

New Luxury Community Moving into NE Austin

Picture above: Presidium Tech Ridge Pool Plans

Multifamily real estate investing firm, Presidium, recently broke ground on a new luxury community in NE Austin said to bring modern elegance and relaxation to the soon-to-be residents of Presidium Tech Ridge. The 4-story luxury apartment building will be 387,000+ square feet, perfectly situated creekside on nearly 14 acres surrounded by nature. 

Presidium prides themselves on the project’s environmentally conscious construction plans and high-end amenities. 

“Presidium worked diligently with the City of Austin to situate Presidium Tech Ridge along a spring-fed creek that runs through five acres of dedicated parkland with an additional quarter-acre dog park, providing residents with a resort-style living environment...

Buy a Home in Cedar Park in 2023!

Pictured above: Aerial view of a Cedar Park neighborhood 2020 

Cedar Park is currently the fastest growing Austin suburb. Since the large population surge following the 2020 pandemic, Cedar Park continues to see residents move in from all over the country. The 2023 population came in at just over 86,000 with an annually growth percentage of 3.44%.

Current Cedar Park residents report that top-rated schools, job opportunity, and cost of living are just a few of the many reasons they choose to call this area home. While the demand for homes in Cedar Park remains high, the housing market has slowed down enough to offer buyers who were previously on the fence about facing high home prices and multiple offer situations, a window of opportunity to shop options with more buying power than the previous 2 years. ...

Is buying a home easier than renting?

Renting a property in Austin may be more difficult than purchasing a property in 2023, according to Rent Cafe 

The Austin rent market looks more competitive than the home purchase market as we move into 2023. 

A recent report from Rent Cafe contained a list of Texas’ top competitive markets for residents seeking rental opportunities. The study found that apartments for rent in the Austin-area had an average of 12 residents competing to lease it out, with an average of less than 30 days on market. Comparatively, El Paso hit #1 on the list with 15 residents competing per lease, follow by McAllen, and Dallas/Fort Worth. 

The Texas cities were ranked based off of 5 important factors:

  1. Number of days the rentals were vacant 
  2. Percentage of the apartments occupied...

3D-Printed Neighborhood Moving into Georgetown

The world’s largest 3D-printed neighborhood is coming to Georgetown in 2023! The new development, Wolf Ranch, will consist of 100 single-story homes that will be printed onsite using concrete material and advanced robotics, according to CNN. Lennar Homes and ICON, a Texas based company that will bring the 3D-printing background, are teaming up to complete the project. They will begin taking home reservations early next year.  

The concept of 3D-printed homes and buildings have been around for decades, but steeply rose in popularity back in 2015. Homebuyers report that their top reasons for purchasing a printed home is low construction cost and reduced construction time. With lengthy builder-wait lists, this could be a solution to relieve the new housing demand in our area. 

According to Architect Sourcing, the...

Stocking History and Gifting Guide

As far back as the early 1800’s, families all over the world have put out their stockings to be filled for Christmas morning. The tradition is said to be inspired by the legend of St. Nicholas, a widowed husband who slid down the chimney of his poor neighbor’s home and placed gold coins in their freshly washed “socks” that were hanging to dry by the fireplace. It was a way for St. Nick to give back to his community and fill the void of his first Christmas without his family which has continued to inspire others to give back during the holidays for centuries to come!

Stockings were traditionally filled with items such as coins, oranges, candy canes, and small toys. As time went on, the stocking stuffing tradition persisted and the gifts inside continue to evolve with the times. There are more options than ever before to wow your friends and...

Explore Austin Condos and High-rises with Culhane Premier Properties

Pictured above: Austin, TX skyline | 2022

Austin is home to 130+ condo communities and high-rises. Since the 2020 mass migration to the Austin area, condos have become increasingly popular. Today, the demand for condos within close proximity to downtown, The Domain and business districts continue to rise and new condo developments are seen popping up all over the Austin-metropolitan area.

Some of Austin’s top condo communities include:

  1. 1010 West 10
  2. 360 Condos
  3. Austin Proper
  4. The Austonian
  5. The Independent
  6. The Loren at Ladybird Lake - Recently opened!

In addition to the downtown area, South and East Austin have also seen a climb in condo demand as well as areas of Lakeway and Northwest Hills. ...

Peppermint Parkway: An Austin Holiday Tradition

Pictured above: Entrance to Peppermint Parkway at Circuit of the Americas | Austin, TX

There’s no place like Peppermint Parkway for the holidays! This Austin-favorite is back and in full swing at the Circuit of the Americas from Nov.20th-Dec.30th.

The Peppermint Parkway track boasts miles of holiday displays, dancing characters and millions of lights to drive-thru. Visitors enjoy amusement park rides, the Peppermint Express train, Santa meet & greets, shopping, food and drink vendors, COTA Kart racing and even picking out a fresh Christmas tree from Papa Noel tree farms. It’s no wonder why Peppermint Parkway has been named the Best Holiday Event by Austin Monthly!

The seasonal event offers multiple discount nights throughout the month for military, teachers, healthcare workers and college students. They...

Explore Austin-area Golf homes with Culhane Premier Properties

Pictured above: Omni Barton Creek Resort | Austin, TX

Austin is home to over 40 private and public golf courses with picturesque views and golfing weather nearly year round. The high number of top-rated courses in the Austin-area has attracted retirees from all over the country as well as families seeking a close-knit community with activities and events for all ages. 

Culhane Properties specializes in golf home communities! We are here to walk you through each golf course community, club memberships, local lifestyle and beyond. In fact, some of our agents not only specialize in golf communities, they live there!

Here are 3 Culhane Premier Properties featured golf home listings: 

9409 Lisi Anne Drive | Avery Ranch Golf Community


Austin Board of Realtors (ABoR) Stats October 2022

The October 2022 Austin Board of Realtors stats are in! The average sales price increased 4% year over year to $474,990 in the month of October. Active listings saw an 180% increase with 9,562 available homes, but closed sales decreased 29% to 2,244 closings during this time. The median days on market was 47 days, which was a 26 day increase compared to September of 2022

October 2022 Austin - Round Rock MSA Stats

“Austin’s housing market is still growing, just at a different pace,” Cord Shiflet, 2022 ABoR president, said. “We’re entering the time of year that is historically a quieter time for home sales. With more available inventory than our area has seen in a decade and price growth stabilizing, buyers have more options today than ever before. Now is the time for homebuyers to sit down with their REALTOR®...

Host Thanksgiving like a Pro!

Thanksgiving is just a week away which means it’s time for family, feasts, and football!  If you are hosting Thanksgiving for family and friends this year, we have put together some tips and recipes to help you along the way. The key is prepping and planning as much as possible to ensure the day goes smoothly, giving you more time to enjoy it with the people you love!

Remember: “The perfect meal starts with a plan!”

Here are some steps to help you get started:

  1. Finalize your guest list
  2. Select your menu items
  3. Take inventory of plates, chairs, and other table setting items
  4. Go grocery shopping
  5. Meal prep as much as possible the day before

View full Thanksgiving host plan here:

Catching waves in Central Texas! World’s largest surf park said to open in South Austin

Pura Vida surf park plans pictured above

Surf's up in Central Texas!

A company called Surf Lakes has recently announced a new $1.3 billion surf park project that they plan to open in South Austin as early as next year. The project, named Pura Vida, would be the world’s largest surf park of its kind with plans to feature sandy beaches, boardwalks, hotels residential living and more.

The 400-acre property has already been purchased, located just South of the Austin-Bergstrom International Airport. Surf Lakes says that construction may begin as early as mid-2023.

Learn more about Pura Vida by Surf Lakes here:

Celebrate National Donut Day with Round Rock Donuts

“World Famous since 1926!” - Round Rock Donuts pictured above

Happy National Donut Day to all those with a sweet tooth! Did you know that November 5th is one of two National Donut Days observed in the U.S. each year? (The other is observed on June 2nd!)

Austinites have been sharing their love for the world-famous Round Rock Donuts since the early 1940’s after the original owner, Reinhold R. Moehring, decided to create giant donuts as a specialty item to keep his small business doors open at the Lone Star Bakery which originally opened in 1926.

Over the past 96 years, Round Rock Donuts has remained a local and nationally recognized favorite. In early 2022, they opened their 2nd Austin-area location in Cedar Park. Customers can choose from giant donuts,...

A Christmas Affair 2022: Night of The Nutcracker

Christmas in November! Join shoppers at Austin’s highly anticipated 47th annual Christmas Affair: Night of the Nutcracker. This tradition has been hosted for decades by the amazing women of The Junior League of Austin. The 5-day event will take place this month on November 16th – 20th at the Palmer Events Center featuring shopping, raffles, auctions, children’s events, Santa photos and parties!

Shop clothing, toys, food & wine, jewelry, stationary and beyond from 200+ vendors, benefiting The Junior League of Austin’s signature programs and nonprofit community partners. Tickets are on sale now!

Visit the Junior League of Austin website to purchase tickets and view the event calendar:

Culhane Premier Properties Weekend Open House - October 22, 2022

Culhane Premier Properties Weekend Open Houses - October 22, 2022

This weekend the Culhane Properties team will be hosting 3 open houses, and we would love to see you there!  

1. 104 Spearpoint Cove | Cimarron Hills, Georgetown | 4 bd, 6 ba, 4,700+ sq ft | Listed by: Hal Elrod 

Click here for 104 Spearpoint Cove Property Details

2. 537 Buttermilk Lane | Leander | 4 bd, 3 ba, 2,600+ sq ft | Listed by: Listed by Jason Pratt...

Wine Down in Fredricksburg

Since the weather is finally starting to cool off, it is the perfect time to explore Fredricksburg and go on a wine tour! There are even wine tours that pick you up and drop you off in Austin so you can sit back and relax. Some of the most popular wineries are Grape Creek, Augusta Vin, Messina Hof Hill Country Winery, Signor Vineyards, and many more! 

Fredericksburg also hosts many Oktoberfest activities to celebrate the city’s German heritage. The festivities will take place from September 30th- October 2nd. Whether you want to go wine tasting, shop, or dine, the Texas Hill Country is always charming in the fall!

Click here for more info about Fredricksburg events.
Click here to view our featured listings...

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