Category Archives: Mortgage News

Austin Rents Predicted To Rise

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It’s no secret that the housing market has been recovering across the country. Some of the hardest hit areas are now starting to see incredible turnover and price growth. Here in Texas, and specifically in Austin, we’ve been witnessing slow … Continue reading

Homebuilder Confidence Put Into Perspective

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Earlier this week, headlines focused on the unexpected drop in Homebuilder Confidence, according to the monthly index reported for February by the National Association of Homebuilders. “Confidence Drops” and “Loss of Confidence” were commonly used in the article headlines, along … Continue reading

Myths and Misconceptions About Property Appraisals

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One of the most confusing elements to purchasing or refinancing a home is the property appraisal. The value of the home is extremely important to lenders as this determines the amount of equity in the home, which in turns helps … Continue reading

Central Texas Home Sales, Median Price Rise

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The Central Texas housing market keeps showing improvement, especially with the news that the sale of existing homes is up nearly 10 percent and the median price has risen 5 percent, according to new figures for the month of September. … Continue reading

Update on Austin Housing Market

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While the US as a whole continues to improve from a recovering housing market, Austin is ahead of the curve and showing substantial improvements in the past few years. Metrostudy Report released an update on the current state of the … Continue reading

US Home Sales Jump to Highest Since May 2010

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In a sign of positive things to come in the US housing recovery, it was reported this week that the sale of previously occupied homes rose 7.8 percent in August from July, according to the National Association of Realtors. This … Continue reading

US Home Prices Rise in July by Most in 6 Years

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According to a private real estate data provider, home prices in the United States are up 3.8 percent in the 12 months ending in July. The 12 month increase marks the biggest growth in six years, showing that the housing … Continue reading

US Homes Prices Show First 12-month Gain Since 2010

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Home prices in the United States rose in the month of June compared to the same month last year. This marks the first year-over-year increase since the summer of 2010. This is yet another indicator of a housing market that … Continue reading

Austin-Area Home Sales Up 20 Percent

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According to the Austin Board of Realtors home sales rose 20 percent in July in Austin, marking the 14th straight month of year-over year increases. The board reported the sale of 2,344 single-family homes in Austin during July of this … Continue reading

New Barton Springs Project Breaking Ground

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Ground is expected to break this week on a new apartment project that will be located on Barton Springs Road, located just east of the Chuy’s Restaurant. Local developers Kurt Simmons and Ronnie Brooks are heading up the project which … Continue reading