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economy

This tag is associated with 89 posts

Austin ranks among best places to live in the U.S.

Austin is the second-best place to live in the U.S. … Continue reading

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All the talk about interest rates …

Last week the Federal Reserve raised the “Federal Funds Rate” after years of rumors that they would do so. The media got very busy discussing what that means for the economy, and for other interest rates that are important to consumers — including mortgage loans, but whether and when mortgage rate changes might happen has very little to do with the Federal Reserve Board. Continue reading

Another “over-valued” report

There is a difference between home prices being bid up to unrealistic levels through shear speculation, and the way Central Texas home values are being driven by real supply and demand forces, supported by strong employment and population growth and buying power provided by a still very conservatiove mortgage lending industry. Continue reading

Housing Bubble?

By all appearances and forecasts, 2014 promises to be another very busy year in Austin-area real estate. Real-world pricing data does not indicate a new bubble here, though, and healthier regional economies elsewhere around the country will be good news for all of us. Continue reading

Austin economy tops nation in 2013-2014 growth estimate

From the Austin Business Journal …

Home prices are up!

Two recent reports discussed encouraging news about rising home values in the United States. The Austin area has seen 23 months of annual price gains. More …. Continue reading

Fast-trackin’ in Austin real estate

The real estate market turnaround in the Austin metro area is unambiguously underway. Here is the data to confirm that fact. Continue reading

Mortgage rate future?

I encourage my younger friends and prospective homebuyers to assume that 3.5% will NOT be the long-term mortgage interest rate. We are living in trying economic times with many historically unusual pressures. This too shall pass, and rates will begin to rise. Continue reading

Ask the legislature to fund the water plan

Lake Travis and Lake Buchanan are holding 849,000 acre-feet of supply. We used 880,000 acre-feet in 2011. See the problem? The State Water Plan must be funded. Please contact your representatives. Continue reading

Real estate boosts the economy

Help to advocate these changes now — talk to friends and business acquaintances, and most importantly contact your representatives in Congress. These changes are needed this year! Continue reading