Austin Real Estate News
Legislative Update on SB354
Legislative Update on SB354 (the 82% of Fair Market Value Offer Requirement) and the Lease Option Bill SB629
Good News…read on
On Tuesday and Wednesday of this week investors from across Texas joined representatives from National REIA and lobbyist hired by TexREIA and the Houston RICH club to address proposed Senate Bill 354.
As you may recall, from [...]
Dwellgo News (Issue11)
Community Stats
647 Properties
862 Buyer Profiles
41 New Profiles Recently Added!!
Featured Property
421 Cripple Creek
Cedar Park, TX 78613
$224,900
Property Type: Single Family
bedroom: 4
bath: 2.5
ApproxSqFt:2378
Price/Sqft: $95
[view profile]
Featured Buyer
Deborah Lira
How long have you been investing in Real Estate?
I have been investing in Austin for 5 years.
What made you [...]
Foreclosures spike, but experts say lenders are willing to negotiate…
Properties are mostly houses, but Chinatown Center among postings.
By Shonda Novak
AMERICAN-STATESMAN STAFF
Saturday, February 14, 2009
Foreclosure postings in Central Texas spiked in March, but experts say they don’t think those levels will continue throughout 2009.
Foreclosure Listing Service Inc. said the 551 postings filed in Travis County for the March 3 auction were up [...]
Dwellgo News (Issue10) - Great Change Ahead - Hope is Alive!
Community Stats
631 Properties
837 Buyer Profiles
28 New Profiles Recently Added
Featured Property
1121 Map St.
Austin, TX 78721
$85,000
Property: Single Family
Bedrooms:
2
Bathrooms:
1
ApproxSqFt:708
Price/Sqft: $120
[view profile]
Contact:
Craig Barnes
512.775.9525
Featured Buyer
Daniel Journeay
Why did you create a buyer profile on Dwellgo?
After hearing Jay Otto talk about the features that Dwellgo had to offer, I [...]
When You Can’t Pay….
Given the tough economic times we are living in today, I thought it prudent to offer advise when money runs short and bills are due. Unfortunately, this reality will become more Main Street in 2009 than it has been in a long while.
There is no shame to run low or even out of money, however [...]
US recession forecast to drag on…
The US recession is likely to drag on well into 2009 with a “moderate recovery” in 2010, according to forecasts from the US Federal Reserve.
The minutes from the central bank’s December interest rate meeting show that policymakers were faced with a grim economic forecast.
They were told the economy was expected to shrink more rapidly [...]
What To Do Now, 2009
I have been burdened over the Holidays. Many concerned Investors have called seeking real estate advise for 2009. I find myself stuttering and sputtering for meaningful reply. What is sound advise today to properly inform and guide Real Estate Investors into 2009? I don’t have a magic potion but if I did, I would drink [...]
U.S. MBA’s Mortgage Applications Index Rose to Five-Year High
By Shobhana Chandra
Bloomberg News
Dec. 31 (Bloomberg) — Mortgage applications in the U.S. last week reached a five-year high as borrowing costs slid.
The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan rose to 1,245.7, the highest level since 2003, from the prior week’s 1,245.4. The group’s purchase gauge climbed 1.4 [...]
Foreclosures climb in Central Texas
By Shonda Novak | Austin American Statesman
Foreclosure postings for the upcoming Jan. 9 auction are up in four Central Texas counties, with double-digit spikes in Travis, Bastrop and Williamson counties..
The elevated numbers for those and some other Texas counties are “somewhat surprising, since (mortgage giants) Fannie Mae and Freddie Mac had pledged to suspend [...]
Texas AG Proposes Legislation To Help Fight Foreclosure Fraud
Originally posted by Daily Mortgage Fraud News on 10 December 10, 2008
this is a blank line
In the following press release Texas Attorney General Greg Abbott and state Sen. Craig Estes (Wichita Falls) announced a legislative initiative that will help protect Texas homeowners from foreclosure rescue scams. If enacted, the proposal would enhance the Attorney General’s [...]
