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News in the WC
WCREALTORS Holiday Hours

In observance of the Christmas and New Year's Holidays, WCREALTORS will be observing special holiday hours.

The office will be closed on December 24 through December 26th and will be open shortened business hours of 9am - 4pm on December 29 and 30th. The office will be closed December 31 and January 1st. We will reopen on Friday, January 2, 2015 from 9am - 4p. Regular business hours will resume Monday, January 5th. We wish you and your loved ones a safe and happy Holiday Season.

2015 TREPAC Bowling Tournament

Tuesday, January 13, 2015 - 3:00 PM Check In

Lace up your bowling shoes, shine that bowling ball, and grab some friends for the 5th Annual TREPAC Bowling Tournament. We will be back at Mel's Lonestar Lanes again and are looking forward to another fantastic event! Spaces are limited and available to the first 28 teams who get their paperwork in! The cost for this event is $45/bowler with a maximum of 4 bowlers per team! More Information | Team Registration Form

Industry News
Update to the Round Rock Sign Ordinance

This is a friendly reminder that current license agreements to display open house signs in the City of Round Rock will expire at the end of the year. Also, open house permits are now administered by the Planning & Development Services Dept. (PDS) instead of Administration. To obtain a license agreement for 2015, please have the broker come to the PDS offices to sign the license agreement in person. The license agreement fee is $25 and includes one permit sticker. Additional permits (stickers) for signs are $5 each, and may be purchased at the PDS offices through the remainder of the year as needed.

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Did Mortgages Just Get Easier to Obtain?

Fannie Mae and Freddie Mac’s new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent years.

The guidelines clarify when lenders will be penalized for making mistakes on mortgages they sell to the mortgage financing giants. Following the financial crisis, Fannie and Freddie forced banks to repurchase tens of billions of dollars in loans that they say did not meet their standards.

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Call For Action: Reauthorize Terrorism Risk Insurance Program

As a REALTOR® you understand how markets can be adversely affected by uncertainty. That is why NAR is asking you to call on your Member of Congress to extend the Terrorism Risk Insurance Program. Following the September 11, 2001 terrorist attacks, private insurers withdrew from the terrorism insurance market, construction projects ground to a halt and commercial property values dropped. Real Estate markets simply can’t afford the uncertainty an expiration of the Terrorism Risk Insurance Program would create in the commercial and residential sectors.

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News You Can Use
Welcome to Cedar Park

Big News for Twin Creeks and Bella Vista Communities in Cedar Park!

Well, it finally happened!!!  The City of Cedar Park announced that effective December 22, 2014, the neighborhoods of Twin Creeks and Bella Vista will officially be annexed!  Why is this such exciting news?

As Cedar Park has grown, the city has been cautious about adding any debt to the city.  Annexing neighborhoods come with a cost to the city in terms of the services that the city assumes for the residents.  These services include police and fire protection, infrastructure, utilities and other costs.  Until a point is reached where is it financially reasonable to annex a community, areas remain classified as an “ETJ” or “extra territorial jurisdiction”.  That was the status that both Twin Creeks and Bella Vista had for many years.

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Round Rock Attracting New High-End Manufacturers

Inside a long industrial building off Sam Bass Road one can hear the whir, clank and bang of metal on metal as high-end tools craft products to be shipped throughout the state. This cacophony is the heartbeat of a manufacturer such as Hagbros Precision LLC., one of dozens of manufacturers in Round Rock building products ranging from consumer goods to semiconductors.

Often called high-end manufacturing, these jobs require certification or education in specialized areas of machining or manufacturing. click here to read more

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