May Austin Real Estate Market Report Summary

May 15, 2016 by · Leave a Comment 

Tweet The Austin real estate market continues to boom, and in fact, is hitting record sales. Between January and the end of April, more homes sold in 2016 than any time in Austin history.  2016 even surpassed the prior two highest years of 2006 and 2007.  For homes sales by zip code and price band, […]

Real Estate Appraisal Rules Change Again

February 12, 2015 by · Leave a Comment 

Tweet On January 26, 2015 new appraisal rules went into effect that will likely delay residential real estate closings. The new FNMA/FLMC required appraisal review system called “Collateral Underwriting” (CU) is an automated system where appraisers must submit their appraisals for review. For the past 5 years, lenders have had to upload the appraisals to […]

Predicting Mortgage Rates

October 24, 2013 by · Leave a Comment 

Tweet  What are Mortgage Rates based on? Weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve, while strong economic news normally has the opposite result. The candlestick chart above shows a pattern of Mortgage Backed Securities (MBS), which are the type of Bond […]

Austin, TX: Quenching a Thirst

October 4, 2013 by · Leave a Comment 

Tweet Tracking rainfall back in time through the growth rings of trees tells us exactly how the current drought will end: flood. History tells us that in this region, a cycle of extreme drought is always broken by floods. Strong September rains remind us of this eventuality.   To catch valuable run off during these […]

June 2013 Austin Real Estate Market Report

June 7, 2013 by · Leave a Comment 

Tweet The Austin real estate market continues to sizzle with historically low inventory and huge demand from the multitude of buyers trying to buy homes here right now. Austin is THE destination of choice for many new residents and the impact can be felt in all areas of the city. Take a look at our […]

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