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It’s embarassing to think that a licensed real estate allowed this confusion with a client. When you hire a Realtor® to help you buy or sell your most important financial asset, invest the time to understand the experience and professionalism you’re getting. Continue reading
In a previous post, I discussed variations in market behavior in the Austin metropolitan area, slicing the market only by home size. In this post I will discuss the importance of “location, location, location” as a vital factor in real estate.
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My clients, and those who follow my blog, know that I often describe the real estate business as “hyper-local.” I didn’t invent that term, but it applies spectacularly in this industry. This is the first in a series of blog posts that will discuss this differentiating fact about real estate from different perspectives.
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A few years ago there were so many “creative” ways to get zero or low down payment conventional loans, and private mortage insurance was so inexpensive, that FHA loans were used less frequently. That is no longer the case. Continue reading
I posted a preliminary version of this a couple of months ago, but I neglected until now discussing the published results of these rankings …. Continue reading
Traffic is a common topic of conversation and political debate in Austin, but it doesn’t begin to compare with these “worst in the world” locales. Continue reading
As I frequently do, I think it is important to provide an Austin/Central Texas perspective since our local and regional market has experienced the housing downturn and recession very differently than the five states where the worst impacts have been felt.
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For those of us who work with home buyers and mortgage lenders routinely, it has been clear for a long time that mortgage underwriters were getting more cautious — and rightfully so. This is Fannie Mae’s latest move to reduce mortgage loan defaults. Continue reading
It’s a treat to keep seeing Austin on “good news” lists and rankings …. Continue reading
As I study market conditions in Austin and Central Texas real estate, I continue to see significant contrasts between our area and conditions elsewhere …. Continue reading
Bill Morris on Austin Real Estate 