Austin | Hippie Hollow Homes | Sell Your Austin House - Part 6 Austin | Hippie Hollow Homes | Sell Your Austin House - Part 6

Underwater Homeowners Owe More Than $1.2 Trillion Than Homes Are Worth

underwater homes

What is an underwater home?  It is when a homeowner owes more than the house is worth.  For example, suppose you have a house where you owe the bank $150,000 on your mortgage.  Now suppose you want to sell this house and you find out it’s only worth $125,000, giving you $25,000 in negative equity.  The […] Read more »

How to Sell a House Fast in Austin, Texas

sell your home fast

While the jobs market and the economy is better than most places in the country, it doesn’t mean that there aren’t still some Austin, Texas residents who are having a difficult time in today’s economic marketplace. As a successful Realtor, one who has participated in more than 1,200 real estate transactions since December of 2003, […] Read more »

Austin Foreclosure Rate Continues To Drop

Austin Foreclosure Rate Dropping

Further proof that the Austin, Texas economy is in better shape than the rest of the country’s can be found in the fact that, according to the Austin Business Journal, the Austin foreclosure rate continues to drop.  Here’s a brief snippet of the report: Among outstanding mortgages 1.03 percent of them were in some stage […] Read more »

The Improvement in the Austin Real Estate Market

Austin Real Estate Market

Eldon Rude, a housing market expert, is making an optimistic forecast regarding the Austin Real Estate Market. Not only is Austin seeing an increase in overall housing sales, but metro areas in other parts of the country are seeing improvements as well. Austin Real Estate Market Statistics In Austin job growth increased by 3.5% and is […] Read more »

These Tips Can Help You Sell a House Quickly

Tips for Selling a House Quickly

The thought of trying to sell a home in today’s slow real estate market can strike fear in the hearts of homeowners. You may have visions of your home sitting on the market month after month with no leads. If you must move before the house sells, the resulting financial hit of paying multiple mortgages […] Read more »

Need to Sell a house in Austin Texas?

sell my house fast

In today’s housing market most people don’t realize that it is still possible to sell a house quickly. Even in places like Austin, Texas, where the housing market tends to be a little slow, it can actually be easy to quickly sell your home as long as you properly market it. This means that you are going […] Read more »

You Can Still Sell Your House in Austin, Texas

Sell your house in Austin, Texas

Despite the problems with the rest of the country, you can still sell your house in Austin, Texas By sidestepping the national real estate bubble that has particularly decimated the once thriving economies in the south west part of this country, the Austin housing market served as a stabilizing force for the Central Texas economy. […] Read more »

Almost 3 out of 10 Homeowner Mortgages are Underwater

Homeowner Mortgages are Underwater

29% of Homeowner Mortgages are Underwater Zillow announced today that 28.6% of homeowner mortgages are underwater nationwide, meaning that the mortgages are higher than the value of the home.   What this means, for example, is that if you took out a mortgage on a home for $120,000 and the home is now worth $100,000, […] Read more »

Austin Home Starts Increase

housing market trends

Does the Austin Home Starts Increase Mean the Housing Market Is Beginning To Recover? There is definitely some positive housing news coming out of the Central Texas real estate market recently.  Consider the following statistics recently released from the Austin Statesman: the annual home starts pace improved for the first time in more than a […] Read more »

August Home Sales Report for Austin, Texas

Home Sales Report for Austin, Texas

August Home Sales Report for Austin, Texas Shows Some Good News Austin home sales are up by 30% for the second consecutive month.  Here are some highlights from the Austin Board of Realtors report released earlier this month: According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, 1,978 […] Read more »