Archive for January, 2009
Facts, Figures, Rankings, and Statistics about Austin, TX:Survive and Thrive
14 Austin companies made “Tech Fast 50” list, Deloitte & Touche LLP (October, 2008 )
The list, which the consulting firm compiles each year, ranks companies based on 5-year revenue growth. Austin, with a population of 1.6 million, has a higher concentration of these companies than any other metropolitan area in Texas.
12 Austin companies [...]
Good News for Texas, Again
The largest private mortgage insurance providers in the country, PMI Group, has a report out on economic real estate trends in the major metro areas specifically assessing the risk factor of what metro areas are at risk of declining value. The Risk Index uses economic, housing, and mortgage market factors (including home price appreciation, employment, [...]
Read Full Post | Make a Comment ( None so far )What can you get for $89,000 … we saw the craziest house today
So we saw the craziest house this week. The common thought today is that we wait and prices will go down, interest rates will get even lower and you will get this great house at a steal of a price. So a steal house for $89,000 in a neighborhood selling around $130,000 will include your [...]
Read Full Post | Make a Comment ( None so far )Watch out! .. contract to rate lock extensions
- from one of our favorite mortgage voices, David Reed, CD Reed Mortgage Bankers, Austin
If you know someone who is refinancing let them know there’s a log jam ahead. If you’re got a contract, prepare for a possible extenstion.
Lenders typically let their loan officers know on a daily basis how long their underwriting times [...]
The Economy is Still Better in TX
This in today from The Real Estate Center, part of the Mays Business School at Texas A&M University in College Station
COLLEGE STATION (Real Estate Center) – More than two million U.S. jobs were lost from November 2007 to November 2008, representing 1.5 percent of its labor force. The Texas economy fared much better during [...]
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