A repeat client of our's has come back to buy another great cashflow property in Southeast Austin! This property is a terrific investment on a cul de sac, two blocks from the elementary school and several parks!
WASHINGTON — In
one of the more unusual marriages that could result from the financial crisis,
buzz is growing that the Federal Home Loan banks might purchase the
government-controlled Fannie Mae and Freddie Mac.
Housing Predictor, which provides housing forecasts in 250 markets, has identified 10 markets where the regional economies are healthy and have strong potential for increasing prosperity.
In the coming year Austin will outperform the rest of the country in job growth and in the health of its housing market, according to Mark Dotzour, chief economist at Texas A&M University's Real Estate Center.
We examined the country's 40 largest metropolitan areas and looked at where home prices have appreciated over the last two years. We also measured tightening vacancy rates.
The mortgage-aid plan would let the Federal Housing Administration back $300 billion in new, cheaper home loans for an estimated 400,000 distressed borrowers who otherwise would be considered too financially risky to qualify for government-insured, fixed-rate loans.