Interest Rates are on the Rise

May 30, 2013 by · Leave a Comment 

Ben Morton, Sr. Vice-President at Caliber Funding in Austin, reports a major swing in interest rates over the last 2 weeks. “Things have happened so fast; 200 bps movement in just over a week. The Fed has kept rates artificially low since early 2009 by purchasing mortgage backed securities. Bernanke has just announced that the government will […]

Austin Real Estate Market Setting Records

April 12, 2013 by · Leave a Comment 

The Austin real estate market continued to set records in March, historically one of our most active months. Take a look at our April Market Report for all of the latest statistics by price range and zip code. There are only 2.64 Months of Inventory, making this one of the rare times were are in […]

March Madness in the Austin Real Estate Market

March 18, 2013 by · Leave a Comment 

The Austin real estate market is hotter than we’ve seen it in many years. Inventory is low, low, low and demand is super high fueled by people migrating to our city and by those wanting to make their move as the school years winds to a close. We are seeing multiple offers, bids over asking price […]

Austin Real Estate Market Closes the Year with a Bang

January 9, 2013 by · Leave a Comment 

Austin real estate market finishes 2012 with a bang. The Austin real estate market continued to break records as 2012 came to a close. In December, Austin had the lowest number of homes for sale in over 10 years. There were 5760 single family homes for sale in November. That number dropped to 5057 homes […]

December Austin Real Estate Report – Brisk Austin Housing Market

December 11, 2012 by · Leave a Comment 

The Austin real estate market is brisk with a record number of home sales and even lower inventory than last month. • Days on the market is the lowest in 7 years • Highest pendings in 7 years • Lowest number of homes for sale in 7 years • Highest market absorption in 6 years […]

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