January 19, 2012 – According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, single-family home sales in December 2011 outpaced the same month of the prior year for the seventh straight month, and year-end figures show momentum in Austin real estate heading into 2012.
In December 2011, a total […]
Rates are on the minds of many buyer as the market turmoil continues and the Fed tries to keep things balanced…..
Tuesday the Fed announced that they would maintain rates at it’s exceptionally low level (near zero) through 2013 to promote on going economic recovery and control inflation.
The Fed is basing it’s decision on […]
Homeowners have a lot at stake in the political showdown over the country’s debt ceiling.
One of the major concerns to arise from the negotiations for many is the fate of a valued tax break. The benefit, which allows taxpayers to deduct their mortgage interest payments, is used by 35 million households.
Now lawmakers have proposed limiting […]
In the 20-odd years that I have been writing about real estate, I don’t believe there has ever been a better time to buy a home.
Why? For starters, 30-year fixed-rate mortgages can be had for less than 5 percent. Recently, the 30-year rate hit 4.6 percent. If you want a 15-year mortgage, you can (for […]
What cities are best positioned to grow and prosper in the coming decade?
To determine the next boom towns in the U.S., Forbes, with the help of Mark Schill at the Praxis Strategy Group, took the 52 largest metro areas in the country (those with populations exceeding 1 million) and ranked them based on various data […]
If Congress does not act in time to increase the federal debt ceiling, the Federal Housing Administration will likely shut down — cutting off a key source of mortgage credit for homebuyers.
Center for American Progress associate director David Min expects the White House will deem FHA a “non-essential” agency and stop all loan approvals by […]
Looking at the reports for the mortgage business as a whole and comparing it to what we are doing at AmeriPro Funding is simply amazing. Mortgage originations in the first quarter fell 35% to $325 billion, breaking three consecutive periods of growth and threatening to plunge the market back to 2000 levels, according to a report […]
RISMEDIA, April 26, 2011—Given the pressing environmental challenges facing the world, one day just doesn’t seem like enough to celebrate the earth and make long-term environmental changes. Why not use this month as inspiration and make a commitment to do environmentally friendly activities throughout the year?Here are just 10 ideas, along with some online resources, […]
Austin ranks high for, well, just about everything
Austin Business Journal - by Colin Pope
Rarely does a week go by without Austin being listed at or near the top of a “best of” list. With so much positive PR for this city flying around, I thought it would be helpful to wrangle it all together. So […]
Stronger economic metrics lay groundwork for a housing recovery in the healthiest markets.
By:
Boyce Thompson
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When we created the Builder Healthy Markets Index several years ago, there were few classically healthy markets to speak of. With nearly every economic metric falling–home prices, employment, household formation, and incomes–only one or two markets managed to score higher than 50, […]
