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Having worked short sales, representing buyers and sellers over the past several years, I’ll believe it when I see it. Continue reading
Interest rates will almost certainly increase next Spring, at the same time that tax incentives expire and seasonal price increases begin. Very significant, given new debt-to-income requirements. Continue reading
Austin/Central Texas remains one of the strongest home markets in the United States, and conditions are right to make buying a home here in the next three to six months a great decision. Continue reading
MLS data shows a total of 1,870 foreclosures sold and closed through November — less than 1/3 the “corrected” number of postings reported today. With only 300 on the market today, where are the other 4,000? Continue reading
“The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and other loan modification alternatives to stem a rising tide of foreclosures.” Continue reading
Within a local market, there can be a wide variety of conditions from one area or subdivision to another. Today, I focus on four neighborhoods in the city of Austin (not suburban cities and towns) where homes sell for roughly +/- 10% of our median price. Continue reading
As we all sit down for a Thanksgiving feast on Thursday, we should be thankful for being here — mild climate, progressive culture, healthy economy, and the grand variety of the Central Texas environment! Continue reading
Despite the conclusion you might draw from most news media, Texas and Austin gained employable population last month and added even more jobs. Continue reading
The new rule will … mandate testing for every single- or two-family unit by outside contractors. Continue reading
Interesting information from another blog … Continue reading
Bill Morris on Austin Real Estate 