Mar 30, 2010

Buyers in Austin were even more active in March than in February, with a whopping 24.8 percent year-over-year increase in closed sales to bring the figure to 1,873 for this month. Home prices remain steady. The March median sales price of $178,000 was 0.8 percent lower than a year ago. Year-to-date, prices have declined 1.3 percent from the same time in...

Ever had a problem with your Home Owners Association (HOA)?   Most home owner have.  At the time of your encounter it may not have been all that pleasant.  Lets face it, people don’t want anyone to tell them what they can and can’t do with there homes.  Not to mention the extra money you have to fork over each month to give...

Pre foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank.  The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doesn’t attempt to rectify the situation.  Normally, if the owner makes...

How would it feel to lose your dream home for no fault of your own? Financial problems characterize each of our lives and none of us really know what will affect us when. However, we cherish our dreams and make enormous efforts towards realizing them, oh which some of us come true, some do not, while some we lose reaching almost the threshold of acquiring. A...

Ever wanted to get 50% off list price on a house in Austin?  There is one way you can.  HUD’s (U.S. Department of housing and Urban Development) Good Neighbor Next Door program does just that.  If you are employed as a law enforcement officers, pre-kindergarten through 12th grade teacher, or a firefighters/emergency medical technicians, you can qualify...

“Beginning in April 2010, federal law will require that contractors performing renovation, repair and painting projects that disturb lead-based paint in homes, child care facilities, and schools built before 1978 must be certified and follow specific work practices to prevent lead contamination.” Source EPA This new law sets standards and...

Everyone is aware of the slow housing market and the fact that many people are losing their homes.  There is, however, another segment of the housing market that is seldom spoken of, but which is also being hard-hit by the current situation.  The banks who started the tumble and who “profited greatly” in creating it are still profiting BIG! First,...

Purchasing an apartment complex as an investment is a fantastic way to watch an asset generate thousands, even hundreds of thousands of dollars in a very short amount of time! A popular investment strategy, especially for new investors, is to purchase a more run down, mismanaged apartment complex at high cap rates. The cap rate, or capitalization rate, is found...