Real Estate Appraisal Rules Change Again

February 12, 2015 by · 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 […]

Austin Real Estate Market Still Brisk in 2015

January 15, 2015 by · Leave a Comment 

The Austin real estate market continues to be one of the healthiest in the country. Our January Market Report, a compilation of last year’s numbers, shows the statistics by price range and zip code so you can check out your particular neighborhood and price range.  Although there are 7.45% more homes on the market now […]

Austin’s Real Estate Market Report: September 2014

September 12, 2014 by · Leave a Comment 

As summer ends and fall begins, we are starting to see a change in the seasonality of the Austin real estate market. What has been a hot, hot, summer and actually a hot last two years of of real estate, defined by multiple offers, increased sales prices, low inventory and increased demand, has in the past […]

Austin is experiencing the “strongest” real estate market in 8 years

March 20, 2014 by · Leave a Comment 

Austin is experiencing the “strongest” real estate market in 8 years. Two factors dominate this market.  First, the number of homes for sale are at eight year lows and 9% below March of a year ago. Second, demand for homes equals our highest levels in eight years.  This strong demand is due to 100+ people […]

Austin Real Estate Market is Hotter than a Texas Summer

July 14, 2013 by · Leave a Comment 

oem software For the past five continuous months the overall real estate market has been a rare Extreme Sellers Market.  How rare?  In the prior 85 months, spanning 7 years, the Austin market has been in an Extreme Seller’s Market only three months, and all three months were in 2006. Demand remains strong as people continue […]

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