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There is always a reason when a property is priced below market …. Continue reading
Approximately 6 million homeowners nationwide have missed at least two mortgage payments, and as many as 10 to 12 million foreclosures are possible in the next three years. This new program aims to help. Continue reading
Even though Austin is in far better shape that many other places, these Fannie Mae and Freddie Mac will continue to struggle for a long time to come. Continue reading
Are we really over the crest or just in a trough between waves? Continue reading
If you or someone you know is going through this devastating situation, please have them call me. I would love to help them get past this and begin to put their financial lives back together. Continue reading
Austin is still in a much better place than the states that saw the most serious declines in home values over the past couple of years. Here too, though, this problem will likely get worse before it gets better. Continue reading
Employers and investors continue sending encouraging signals about Austin. 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
More of the same about Austin foreclosures …. Continue reading
… in the two worst years in recent history we had nothing even remotely like 14,000 foreclosure sales.
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Bill Morris on Austin Real Estate 