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During much of the pandemic, mortgage lenders have been prohibited from foreclosing loans due to missed payments. The latest extension of the foreclosure moratorium will end on June 30. With memories of the very real foreclosure crisis following the mortgage industry crash in 2007, some have predicted a similar event later this year. This time is very different. Continue reading
Austin and Central Texas have experienced the recession differently than many other areas, but improvement elsewhere is certainly welcome and will be good for all of us. Continue reading
Almost no foreclosure activity makes Austin and most of Texas very different from what you read about in most of the national press. Continue reading
Austin’s experience with residential property foreclosures remains very different when compared with many other cities and with national averages. Continue reading
Foreclosed properties represent less than 10% of YTD sales in the Austin metropolitan area, and less than 3 1/2% of available listings! Continue reading
Help to advocate these changes now — talk to friends and business acquaintances, and most importantly contact your representatives in Congress. These changes are needed this year! Continue reading
An open letter from RE/MAX chair to presidential candidates …. Continue reading
This is more than just interesting. It is vital to confidence in private property rights, a foundational principal and a huge part of what makes the United States the United States. Especially if you work in the mortgage industry or the title insurance industry, please comment. Continue reading
I have presented Cash For Keys proposals and consistently found mortgagors happy and relieved to find an alternative to the kind of forced eviction many pictured …. Continue reading
Good information and advice: 5 Things You Need to Know to Sell a Home That’s Underwater
Bill Morris on Austin Real Estate 