The Austin real estate market started 2015 with higher listing inventory, higher pending sales and higher home sales than this time last year. With 19.4% more of homes on the market this year than last year at this time, this is good news for many home buyers who’ve been competing with multiple offers and rising […]
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 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 […]
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 […]
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 […]
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