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 […]
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 […]
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 […]
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 […]
For the last four months the number of homes for sale in the Austin area has been at a 7 year low. 6414 homes are currently for sale, 20% fewer than last year and 26% fewer than two years ago. The number of homes sold in January has remained about the same for the last […]
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