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There are only about half the number of homes for sale compared to the
last normal years in the market. That means buyers don’t have enough options
right now. So, if you work with an agent to list your house, it should be in
the spotlight. If you're thinking of selling,…
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Central Texas is still
expected to benefit from unprecedented investment in the semiconductor industry
by the United States, a year after key federal legislation was signed into law. Full article
here: Austin area to see boost from new law …
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After hovering around record lows in 2020 and 2021, rates have risen
exponentially and now currently sit around 7.5%. Rates on mortgages are the
highest they've been in decades, leaving homebuyers with a series of poor
options. That said, even with rates as high as they…
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When many are retreating,
Millennials (born between 1981 and 1996) are forging ahead. They’re not afraid
to test the waters when others are telling them it’s not a good time. Why? It
all comes down to their optimistic outlook. In the study, 60% of Millennials
said…
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Samsung Semiconductor and
the University of Texas are partnering to build a talent pipeline for the
Austin area’s semiconductor industry, which is expected to see growth in coming
years. Full article
here: Samsung, UT team up to prepare…
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Even
though you may feel reluctant to sell your house because you don’t want to take
on a mortgage rate that’s higher than the one you have now, there’s more to
consider. While the financial side of things does matter, your personal needs
may actually matter just as…
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The U.S. economy has taken
a wild ride over the past couple of years. First, 2020 and 2021 began with
extreme fear, followed by extreme euphoria. Then 2022 hit. We began to pay the
economic price for the massive stimulus in response to the pandemic... And no
one knew how…
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The National Association of Realtors (NAR) is set to release its most recent
Existing Home Sales (EHS) report tomorrow. This monthly release provides
information on the volume of sales and price trends for homes that have
previously been owned. In the upcoming release,…
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If
you remember the housing crash back in 2008, you may recall just how popular
adjustable-rate mortgages (ARMs) were back then. And after years of being
virtually nonexistent, more people are once again using ARMs when buying a
home. Let’s break down why that’s…
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Generation Z (Gen Z) is eager to put down their own roots and achieve financial
independence. As a result, they’re turning to homeownership. According to the
latest Home Buyers and Sellers Generational Trends Report from the National
Association of Realtors (NAR), 30% of…
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Here are the August/2023 MLS single-family statistics for Austin,
TX:We are down to only 1 dark red (ie-10%+ negative) category with
our August home sales statistics for the Austin metro area. Compare that
to 2 in July, 6 in June, 7 in May and you can clearly see that…
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If you’re a homeowner, odds are your equity has grown significantly over the
last few years. Equity builds over time as home values grow and as you pay down
your home loan. And, since home prices skyrocketed during the ‘unicorn’ years,
you’ve likely gained more than…