Most people are very careful when it comes to selecting items they are purchasing such as shoes or clothes but when it comes to the Realtor they use to make one of the largest purchases they will ever make in their lives, they haphazardly just take whom ever they happen to get on the phone. Wow, it really surprises me. Or another common mistake is that they “don’t want to be..(read more)
Stockton, CA the foreclosure capital of the USA. Stockton has acquired the unfortunate distinction of having the highest foreclosure rate of any US city, with one in 27 homes left counting the credit crunch, according to Realtytrac, an online marketplace for foreclosure sales.
Many of these unfortunate homebuyers became victims of the adjustable rate mortgages offered to sub-prime borrowers,..(read more)
I can't tell you how many time I visit people who are "upside down" in their mortgage. Loan officers make money by lending money. They use terms like "no cost" but how many people do you know who will work for free. What they do is to bump up the interest rate. This way they are able to sell the loan for more money and cover the expenses of making the loan. by virture of the fact interest is..(read more)
Area home sales, prices up
Austin Business Journal - September 22, 2006 Single-family home sales in the Austin area continued their climb in Austin, according to the Austin Board of Realtors.
More than 2,800 homes sold, which represents an August record and marked a 6 percent increase over the same time last year. The median price of those homes increased 8 percent, to $182,500.
Sales brought..(read more)
NEW HOMES
Austin new home market stays hot
Experts raise caution about investor sales.
AMERICAN-STATESMAN STAFF
Tuesday, October 03, 2006
Central Austin continues to buck signs of a cooling housing market seen elsewhere in the country.
Area builders started 4,266 homes in the third quarter, up about 8 percent from the same quarter of 2005, and closed on 4,518: a record, according to Residential..(read more)
More good new!
Houses selling like hot cakes
Austin Business Journal - Monday
The housing slump affecting the rest of the country isn't reaching Austin, according to the latest numbers from the Austin Board of Realtors.
Austin's latest multiple listing service report posts records for single-family home sales and monthly revenue.
More than 2,300 single-family homes sold in September -- a 3..(read more)
