ImageI love it when we can match owner occupants with fantastic duplexes!  A local couple with the goal of building assets BEFORE getting into the big monster house payment decided to do the smart thing and owner occupy a duplex first, and then get the dream home afterwards!!  So many people are caught up in the cycle of buying their home, then selling their home to buy a bigger home...  This goes on for years and years, never building any assets along the way...  Congratulations to our new owner occupants doing it safely and wisely!
 

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New South Austin Transit Center coming soon PDF Print E-mail
Submitted by Heidi Schoonover   
ImageThe Capital Metropolitan Transportation Authoritys board of directors approved a contract to build the South Central Transit Center, which is part of the All Systems Go Long-Range Transit Plan.
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Round Rock planning for Medical Industry PDF Print E-mail
Submitted by Heidi Schoonover   

ImageJust like destination shopping at IKEA and the Premium Outlets draws people and money from outside city limits, destination healthcare may be the next stage in diversifying growth for Round Rock.

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Appraisal Inflation - watch out! PDF Print E-mail
Submitted by Richard Caudle   
ImageHave inflated appraisals helped fuel the surge in foreclosures on credit-strapped borrowers? Are such appraisals at the core of many mortgage-fraud schemes?  The four largest trade groups representing appraisers say yes -- and they are asking federal financial regulators to crack down on lenders and loan officers who put pressure on appraisers to raise valuations to allow overpriced deals to go through.
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Shopping for the right loan -- Great article from Matt PDF Print E-mail
Submitted by Matthew Posey   
ImageShopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage—whether it's a home purchase, a refinancing, or a home equity loan—is a product, just like a car, so the price and terms may be negotiable. You'll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.
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Villa Muse movie production district - What a City! PDF Print E-mail
Submitted by Administrator   
ImageIn my office, we have been discussing Governor Perry’s push for monies to be allocated to attract the movie industry to Austin and further develop our city as a filming destination.  According to the Austin American Statesman phase one of the $1.5 billion, 681-acre, mixed-use Villa Muse will break ground by summer
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Unnecessary Closing Costs PDF Print E-mail
Submitted by Richard Caudle   
ImageThe Government Accountability Office examined the title industry in depth and came up with some unsettling findings in a new report:
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Mortgage market focuses on inflation PDF Print E-mail
Submitted by Matthew Posey   
ImageConcerns about higher inflation outweighed signs of slower economic growth last week, and mortgage rates finished modestly higher. With the exception of the March Durable Orders report, last week's economic data indicated weaker than expected economic growth, which was favorable news for mortgage markets.
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