The US foreclosure rate at the end of 2011 is still somewhat high in my opinion 1 in every 563 housing units received a foreclosure filing notice in October 2011. How is Texas doing? The same measure was just 1 in 988 housing units in the same period, which is Read more…
Lots over $1m in Austin are in good supply right now, which is great news for land buyers. Here are a few statistics I pulled from the Austin MLS for lots that were listed for sale since the start of 2010: Under contract: 2 lots For sale: 38 lots Sold Read more…
Here’s my favorite Austin loan officer John Schutze‘s weekend mortgage rate update: Mortgage rates end the week 0.125% lower!! European debt problems remained the primary focus this week, European officials are scheduled to meet this weekend and again next week, and they hope to release a plan for a comprehensive Read more…
I had a client recently close on their new home at Mueller and they had a conceptual battle with their lender – USAA. It was concerning their home-insurance, also provided by USAA. The lender was arguing that the insurance coverage was not enough and my client was concerned as the Read more…