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Month-to-month reports of home sales in the Austin area have not been encouraging since the last tax credit program ended in June, but if you look at annualized sales and pricing things aren’t as bleak as they may seem. Continue reading
Statistics can be deceiving. When you read that a particular real estate market is a “buyer’s market” or a “seller’s market,” don’t assume that that adequately describes the entire market. Here is a look are the kind of variations that an “average” can conceal. Continue reading
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
RE/MAX topped competitors in the 2010 RISMedia Power Broker Report that ranks top real estate offices in the U.S. Continue reading
This beautiful condo just minutes from Lake Travis is a MUST SEE! Continue reading
“I like knowing what something will cost before I commit to it. I’ll bet you do, too. The U.S. Department of Housing and Urban Development has revised some home-loan rules that attempt to give us what we want.”
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Much of what I have written about the “state of the market” in and around Austin has focused on resale homes. New construction is obviously an important part of the market, and it’s a great barometer for confidence in the local economy, job growth, investment opportunities, etc. Continue reading
I view my relationship with my clients as primarily consultative. I provide information about neighborhoods, commuting considerations, schools, potential property-related issues before and after inspections, etc. Good third-party advice is always valuable, though … Continue reading
Warren Buffet has made a lot of money by being right in his forecasts more often than he has been wrong. Bloomberg News reported yesterday on his recent report to Berkshire Hathaway shareholders. Continue reading
Austin and Central Texas remain in a very strong position, not only to weather the continuing national economic storm, but to attract new growth and jobs and investment even as the rest of the country works through a very difficult recovery. Continue reading
Bill Morris on Austin Real Estate 