Austin-area home sales, median price break records for third straight month in November Austin Board of REALTORS® releases real estate statistics for November 2014 AUSTIN, Texas – December 19, 2014 – The Austin-area continued to break records in home sales and median price for single-family homes last month, according to the November 2014 Multiple [...]
Arm yourself with information! These great slides from our friends at Vista Lending show growth in median home price and rising mortgage rates over the last year and into 2015! If you need any reason to buy now, these figures should be pretty motivating!
If you missed out on purchasing a home in 2013, it’s still not too late! 2014 is looks like it will be another great year for home sales and a great time for prospective buyers to get into the market! Austin is a particularly hot market and a great place to secure a solid long-term [...]
Effective January 2014, lenders now have new guidelines when qualifying self employed borrowers. The New York Times article linked below outlines the new documentation to be required by lenders. http://www.nytimes.com/2014/01/19/realestate/new-snags-for-the-self-employed.html?ref=mortgages&_r=0 Contact one of 787 Realty’s fine Realtors for more information about the Austin housing market or to buy and sell a home.
This is a great article from the New York Times that explains the advantage of using small local lenders. http://www.nytimes.com/2013/12/29/realestate/a-big-push-from-small-lenders.html?_r=0&adxnnl=1&ref=mortgages&adxnnlx=1389284727-1KXxbYHh+ommWErWonNTRg Contact 787 Realty today for more information on Austin real estate and our preferred local lenders.
F.H.A. backed loans cater to first-time buyers because they require as little as 3.5% down, but insurance premiums are high. Check out this New York Times article for more information. http://www.nytimes.com/2013/12/08/realestate/the-downside-to-fha-loans.html?_r=0 Interested in the Austin real estate market? Contact one of 787 Realty’s great Realtors today!
Before deciding on a lender, borrowers should compare offerings from both brokers and banks, whether online or at a bricks-and-mortar location. The New York Times article linked below is a good guide for borrowers. Contact 787 Realty for contact information for our preferred lenders. http://www.nytimes.com/2013/12/01/realestate/choosing-between-mortgage-broker-and-bank.html?_r=0
Hello to all, For those on the fence about the rise in mortgage rates, I offer a ray of sunshine! I have written in previous postings that the rates are still very low historically. In fact, the average rate for the last 20 years is a whopping 6.3%! With the news that the Federal Reserve [...]
To go along with our recent post on the latest Austin area market statistics released today from the Austin Board of Realtors, http://787-realty.com/2013/09/august-2013-mls-stats/ , here is a link to a great article from the New York Times. This article gives more market stats from across the country. Not only are sales up and inventory down in [...]
At the end of 2013 the offer from the federal government for a tax credit on energy efficiency updates to your home comes to an end. Claim them while you still can! The link below gives more details on this program. http://www.inman.com/2013/09/13/claim-energy-efficiency-tax-credit-for-homeowners-before-its-gone/
