Interest Rates are on the Rise

May 30, 2013 by · 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 […]

Austin Real Estate Market Setting Records

April 12, 2013 by · 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 […]

Austin Real Estate Market Closes the Year with a Bang

January 9, 2013 by · 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 […]

Buying a Home in Austin?

November 27, 2012 by · Leave a Comment 

Here are 10 things every home buyer should know before making an offer on a home. By doing a little homework in advance, buyers can get an edge in the negotiation and avoid making a costly buying mistake. 10 Things Every Buyer Should Know Buying a home is an exciting time. If you’re going to […]

Market has peaked for the year, still mostly a Seller’s Market

August 15, 2012 by · Leave a Comment 

Austin is projected to add 600,000 people by 2020 and an additional 800,000 people by 2030. In 18 years metro Austin will reach 3 million people! This continuous population growth at the time of a major US recession combined with less than normal new construction has made Austin a “Sellers Market” for homes below $600,000. […]

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