Shin Oak Realty is a full service Real Estate office specializing in the Central Texas Real Estate market.
Our Team: Randy O'Dell, Suzy Bates, Candice O'Dell, Bradley "BJ" O'Dell & Barbara Childers

Thursday, May 20, 2010

Celebrate Perennial Gardening Month

June is a perfect month to plant new perennials that will flower in June and beyond into summer and fall. At one time gardeners did most or even all of their perennial planting in the early spring season. Summer environmental conditions were considered too harsh for new plantings. This is not true any more! June is a time to discover new perennials at your local botanical garden, arboretum, or the display gardens at your favorite garden center. It is also time to participate in a neighborhood or city wide garden tour to study perennials and garden design.

Garden centers carry a wide selection of perennials that may be planted in June. It is a good time for the gardener to find more mature specimens of favorite summer bloomers at the garden center. It is also a good time to plan and plant a sequential summer perennial display of old-favorites and new cultivars. There are many spectacular flowering performers for the sultry summer season.

For full article and planting and maintenance tips, visit:

Tuesday, May 18, 2010


McLEAN, Va. (The Wall Street Journal) – Home mortgage rates reached their lowest level of the year, according to Freddie Mac’s weekly survey of mortgage rates.

The 30-year fixed-rate mortgage averaged 4.93 percent, down from 5 percent a week ago.

The 15-year fixed-rate mortgage fell from 4.36 percent to 4.3 percent while the five-year Treasury-indexed hybrid adjustable-rate mortgage showed to be 3.95 percent.
One-year Treasury-indexed ARMs averaged 4.02 percent.

Monday, May 17, 2010


PALM CITY, Fla. (Policom Corporation) – Houston, Dallas and Austin are among the 20 strongest metropolitan areas in the nation, according to POLICOM Corporation’s annual economic strength rankings.

“The top-rated areas have had rapid, consistent growth in both size and quality for an extended period of time,” said William H. Fruth, president of POLICOM. “The rankings do not reflect the latest ‘hotspot’ or boom town, but the areas which have the best economic foundation.”

Of 366 metro areas nationwide, Houston–Sugar Land–Baytown ranked fourth, Dallas–Fort Worth–Arlington ranked tenth and Austin–Round Rock–San Marcos ranked 12th.
POLICOM specializes in analyzing local and state economies.

Friday, May 14, 2010


LEANDER (Austin American-Statesman) – Austin Community College (ACC) has purchased 100 acres from the RB 270 Partnership. The land at US 183A and CR 269 will eventually be home to a new campus.

“Leander is a growing area, and our master plan calls for a campus in that community at some point in the future,” said Ben Ferrell, ACC’s executive vice president of finance and administration.

Tuesday, May 4, 2010


Less is more

If you're new to investing or real estate and don't know the first
thing about interest rates, here's a good tip: the higher the interest
rate, the more expensive it's going to be. High interest rates mean
you will have to pay back more on the money you borrow. Another good
rule of thumb is that affordability increases if you use an
adjustable rate mortgage (it's easier to qualify this way). Of
course, there will be a wide range of prices that you can choose
from, depending on what kind of financing you choose.

Not even the Fed knows for sure

The Fed holds a considerable amount of power, but they can't control
everything. Mortgage interest rates are affected by many unpredictable
political, economic and social events. So there is no guarantee what
direction interest rates will go, despite the forecasts of the
experts. Therefore, make your financial decision based on where
things are today including your budget, your needs and your future

Locking in rates assures your lowest interest

If you do decide you want to lock in at a certain interest rate, you
will need to complete a loan application and send it to your lender as
soon as possible. This must be done so that your commitment doesn't
run out before your loan is approved. Follow up and be se sure that
the lender is receiving all of the necessary documentation. Get a
property appraisal, which usually costs about $300, through your loan
agent as soon as possible.

Don't obsess and miss a good real estate deal

Although rising interest rates can create more problems for home
buyers, waiting and hoping for low rates is not necessarily a smart
move. You may end up paying a higher price. Also, refinancing is
always an option in the event that interest rates come down.

Visit again soon! I have more information that you will need!