Real Estate Appraisal Rules Change Again
February 12, 2015 by Laura Duggan · Leave a Comment
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 this […]
Filed under Finance, Home Buying, Home Selling, Real Estate Trends · Tagged with appraisal, Home Values, Laura Duggan, Real Estate, West Austin Properties
June 2013 Austin Real Estate Market Report
June 7, 2013 by Laura Duggan · Leave a Comment
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 June […]
Filed under Home Buying, Home Selling, Real Estate Trends · Tagged with Austin, Gail Boston, Laura Duggan, Market Report, Real Estate, real estate market, West Austin Properties
Interest Rates are on the Rise
May 30, 2013 by Laura Duggan · Leave a Comment
Ben Morton, Sr. Vice-President at Caliber Funding in Austin, reports a major swing in interest rates over the last 2 weeks. “Things have happened so fast; 200 bps movement in just over a week. The Fed has kept rates artificially low since early 2009 by purchasing mortgage backed securities. Bernanke has just announced that the government will […]
Filed under Home Buying, Real Estate Trends · Tagged with Austin, Austin Real Estate, Ben Morton, Interest Rates, Laura Duggan, Market Report, Real Estate, West Austin Properties
Austin Real Estate Market Setting Records
April 12, 2013 by Laura Duggan · Leave a Comment
The Austin real estate market continued to set records in March, historically one of our most active months. Take a look at our April Market Report for all of the latest statistics by price range and zip code. There are only 2.64 Months of Inventory, making this one of the rare times were are in […]
Filed under Home Buying, Home Selling, Real Estate Trends · Tagged with Austin, Laura Duggan, Market Report, Market Statistics, Real Estate, West Austin Properties
Austin Real Estate Market Closes the Year with a Bang
January 9, 2013 by Laura Duggan · Leave a Comment
Austin real estate market finishes 2012 with a bang. The Austin real estate market continued to break records as 2012 came to a close. In December, Austin had the lowest number of homes for sale in over 10 years. There were 5760 single family homes for sale in November. That number dropped to 5057 homes […]
Filed under Home Buying, Home Selling, Market Reports, Real Estate Trends · Tagged with Austin, Home Sales, Laura Duggan, Market Statistics, Real Estate, West Austin Properties