Austin Texas is the capital of a state that has avoided a mortgage crisis. The number of headlines captivated by foreclosures has been overwhelming over the past couple of years. September apparently is a month that goes down in history as having the highest number of foreclosures ever. Somehow, Texas has avoided these headlines, as … Continue reading Austin Texas, Capital of State That Avoided Mortgage Crisis
Finance
Low Mortgage Rates Enhance Austin Real Estate
Low mortgage rates can only continue to enhance the Austin real estate market. It was just announced that mortgage rates have dropped yet again, hitting an average of 4.19% for a traditional 30 year fixed rate mortgage. This low rate is the lowest in history since rates began being recorded, over 30 years ago. Last … Continue reading Low Mortgage Rates Enhance Austin Real Estate
Also posted in Austin Real Estate Tagged Austin homes, Austin Real Estate, Austin Texas Real Estate Comments closed
Austin Texas is Recession-Proof
Austin Texas is seemingly recession-proof. The latest examination of 100 of the largest metropolitan areas across the United States examined data, statistics and more to compile a list of ten recession-proof cities and Austin is one of them. In fact three out of the ten cities are from Texas. In addition to Austin, Dallas and … Continue reading Austin Texas is Recession-Proof
Also posted in Austin Real Estate, Austin Realty-Buzz, Community Tagged Austin, Austin Real Estate, austin texas, relocating to Austin Texas Comments closed
Austin Texas Tops List of Best Cities
A recent list by the prestigious Kiplinger’s Personal Finance Magazine has placed Austin Texas at the top of a list of cities for the next ten years. The four criteria for the top city search involved population, unemployment, income and affordability. Austin Texas has a nurturing business climate that is attractive to both small and … Continue reading Austin Texas Tops List of Best Cities
Also posted in Austin Living, Austin Realty-Buzz, Community Tagged Austin, Austin Real Estate, austin texas, Austin Texas Real Estate, Austin TX Comments closed
Austin Real Estate Sales Could Get Boost From State
There is a distinct possibility that Austin real estate will get a boost from the state of Texas. The home buyer tax credit has expired, a program designed to spur real estate sales nationwide, and the state of Texas has stepped in to help keep real estate sales on the upswing. The Texas Department of … Continue reading Austin Real Estate Sales Could Get Boost From State
Also posted in Austin Real Estate, Financial Matters Tagged Austin, Austin Real Estate, Austin Texas Real Estate, Bond 77, homes for sale in Austin Comments closed
Financial Lessons from a Teenager
There was a great article recently on The Columbus (Ohio) Dispatch’s website about an 18-year-old named Lindsay Binegar who pulled the trigger on a purchase many people older than her can’t manage. She bought a house. And paid cash. The lessons from her story are priceless. I can’t do the article justice, so I recommend … Continue reading Financial Lessons from a Teenager
Also posted in Austin Real Estate, Austin Real Estate Financing, Austin Schools and Education, Financial Matters Tagged Austin real estate finance, teenager buys house Comments closed
Tax Credit, Rates Spur Home Sales in Austin and USA
Nationwide, April sales of existing homes were up 22.8 percent compared to April 2009, and were up 7.6 percent from March of this year. The driving force behind the jump, of course, was the now-expired tax credits. But another reason to buy is still here: historically low interest rates. Bankrate.com reported on May 24 that … Continue reading Tax Credit, Rates Spur Home Sales in Austin and USA
Also posted in Austin Real Estate, Austin Real Estate Financing, Financial Matters, Market Update Tagged homebuyer tax credit, low interest rates spur home sales Comments closed
Buy a Home in Austin that’s Right for You
OK, so the deadline for the homebuyer tax credit has come and gone. The passing of the deadline has gotten me thinking about a real estate phenomenon that has become more widespread in the past year or two. It’s probable that many of the homebuyers who purchased homes before the deadline did so because of … Continue reading Buy a Home in Austin that’s Right for You
Also posted in Austin Intelligencia, Austin Living, Austin Real Estate, Financial Matters Tagged Austin Texas homebuyer, Buy a home in Austin, fine the perfect Austin home, homebuyer tax credit Comments closed
