After years of record low mortgage rates, you might be surprised to hear that even lower rates are coming in 2017. It was stated in the announcement of the Federal Housing Administration (FHA) that they have plans to reduce the annual premiums most borrowers pay by 0.25 percent. There will Read more…
Texas Housing Market We all know that Texas is the second largest state in the United States by both area and population. No question, there’s a lot of real estate deals going on in this state. Here are some amazing Texas real estate facts that we think you might find interesting: The largest Read more…
I hold both a UK and a US passport, and I was quite shocked to wake up on Friday to realize that the citizens of the UK narrowly voted in favor of severing economic and political ties with the European Union. Whatever your personal opinions on Brexit, you’ll be curious Read more…
A good friend of mine is writing a series of articles about the apparent dwindling affordability of housing in Austin, and asked me to research the values of all the homes she’s lived in over the last 30 years here. In lieu of that exercise, I test the data to Read more…
The Austin Board of Realtors say that median home sale prices have risen by 13 per cent year-over-year and the average price has risen 14 per cent. Since the two measures are close in number, in essence it means individual houses are becoming more expensive to buy. It’s only when Read more…
If you’re thinking of buying or selling an Austin home in 2015 you’re probably asking what the market will do this year. After last year’s shock headlines that Austin was 19% overvalued (good link bait Zillow!) there was a second report released in December that claimed Austin was 20% overvalued Read more…