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TEXAS HOME PRICES UP

TEXAS HOME PRICES UP, REPORTS FHFA

WASHINGTON (FHFA, Real Estate Center) – Latest home appreciation rates released this week by the Federal Housing Finance Agency (FHFA) indicate Texas home prices increased 2.1 percent last year.
Midland led the way with a 10.4 percent increase between fourth quarter 2007 and fourth quarter 2008. [...]

Featured Builder: Main Street Homes

If you are looking for low priced homes in desirable locations, Main Street Homes offers you are looking for.
   Parkridge Gardens is located just off S Congress St near South Park Meadows, this community features single family homes with current available inventory priced from the mid $130,000s to the high $170,000, with square footage from [...]

South Austin’s New Farmer’s Market!

The Newflower Farmer’s Market is located on the SW corner of Manchaca & William Cannon in South Austin. This store sells fresh fruit and vegetable as well as fresh and seasoned seafood, foul and meat. The selection of dried fruit and nuts is more than ample and they even have roasted pistachios without salt, that [...]

Austin’s SXSW Is Almost Here!

The SXSW (South X Southwest) Film Music & Interactive Festival has been an Austin tradition for the last 22 years which grows in popularity and quality every year.
You can enjoy some of best and most innovative music and movies available, or enjoy the Interactive Panel if you happen to be technology buff.
Registration is open [...]

Mortgage Market Update

Dearest friends and colleagues,
Woah!!!  It seems like every day brings something new out of Washington and today is no different.  On everyone’s mind is the Stimulus Bill which has just become law.  There are a variety of variables to this Bill and we are all still digesting the information, but I wanted to get you [...]

Austin Area Rates Haven’t Changed

Click here to view the previous article for this week’s rates:
http://southaustinhouses.com/blog/2009/02/13/mortgage-rates-continue-the-yoyo-trend/
Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment. Contact a lender to find out what you would pay.
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Circle C Ranch Open House Sunday 1-4!

Update. The open house was successful; 5 families visited which is great since this property is not even on the MLS yet, and it wasn’t eligible for the neighborhood tour, I guess those open house signs work after all. The house is very interesting, and is a great opportunity to get a lot of space [...]

This Month In Real Estate February 2009

This Month In Real Estate Feb 2009
View more presentations from Stephanie Zellous.

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Austin’s “It’s My Park Day” Is Almost Here!

On March 7th 2009, thousands of volunteers will work to clean and maintain Austin’s beautiful parks and trails. This is an annual event that gives Austin’s citizens the chance to get outside and get dirty. There 56 projects to choose from but act early to claim your spot as the best projects tend to fill [...]

Mortgage Rates Continue The Yoyo Trend

I’m getting dizzy!

30 year fixed conventional is at 4.625% down from last week’s rate 0f 5%, FHA rate is holding steady at 5%, USDA is pretty low at 5% as well, 30 year jumbo is 5.625%.
Hopefully the metaphorical yoyo string will fray and break soon, causing the metaphorical yoyo to hit the ground staying there [...]