Author Archive
Mortgage Interest Rates: Up Up And Away
Up up and away. Mortgage interest rates continue on their upward trajectory. 30 Year mortgage rates went from 6.32 to 6.42. 15 year notes rose from 5.93 to 6.02 and 5 year arms rose almost 20 basis point going from 5.7 to 5.89. 1 Year arms rose this week from 5.09 […]
Austin Hipness Moves South
For decades, bumper stickers have adorned cars all over central Austin, proudly proclaiming “78704 More Than just a Zip Code.” The South Austin lifestyle originated there, but as Austin real estate prices rose, and fancy restaurants and shops re-energized South Congress, a migration of hip-ness began. Now, a new bumper sticker is gaining in popularity, […]
Mortgage Interest Rates Jump Up
After several weeks of staying relatively flat mortgage interest rates jumped up this week. 30 Year mortgage went from 6.09 to 6.32. 15 Year Mortgage moved from 5.65 to 5.93. 5 Year rates went from 5.51 to 5.70. The only rate that was somewhat stable was 1 Year Arms which went […]
Mortgage ARMs Become Attractive Again
Rates on 15 and 30 Year Fixed loans have been pretty stable the last month. In contrast mortgage rates on 5 and 1 year ARMs have been falling. 1 Year rates fell from 5.22 to 5.06 this week. This is the lowest 1 Year Arms have been since early March. Its […]
Neighborhood Profiles: Southwest Austin
As the Austin real estate market expands in all directions, areas we used to think of as “way out there” are not only seeming closer, but are getting their own infrastructure. Maple Run in Southwest Austin is just one of those areas. Located south of William Cannon, north of Slaughter, west of Brodie and east […]
Easy Ways To Make Your Home More Energy Efficient
The average home spends a whopping $1500 annually on energy costs an energy bottom line that is much bigger than it needs to be, because a significant portion of that energy is wasted and lost. The good news is, changing just a few simple things around your house can make a big difference and […]
Historic Neighborhood Profiles : Travis Heights
Travis Heights is a centrally located neighborhood in one of Austin’s most esteemed zip codes, 78704. The neighborhood’s proximity to downtown and Lady Bird Lake makes it a desirable place to live, and the new Emma Long Center for the Performing Arts is just a couple of blocks north of the area, […]
The Tarrytown and Deep Eddy Areas of West Austin
Two areas of Austin which are also very historic are the Tarrytown neighborhood and the Deep Eddy neighborhood, and these two areas are adjacent to each other with Tarrytown being slightly farther north than Deep Eddy. These areas are situated in western Travis County, adjacent to Lake Austin, which is what the part of the […]
A Guide to Going Bankrupt in Real Estate!
First off, you should watch some late night infomercials on TV, and possibly order some real estate tapes from Carlton Sheets. This will provide you with a positive upbeat attitude and a sense of false confidence that is essential in order to go bankrupt. You should believe that after listening to some tapes, […]
Austin Neighborhood Profiles: North Loop
Just north of Hyde Park, with approximately 1400 homes, lies the neighborhood of North Loop. Also referred to as “Northfield”, the North Loop neighborhood boundaries are 51st street, Lamar Boulevard, Airport Boulevard, and Koenig Lane.
Like many of Austin’s central neighborhoods, North Loop got its start once soldiers began returning home from World […]
