Central East Austin Real Estate - Mueller and More
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Mueller Development Austin - 51% Green, Plenty More To Come
The Austin Chronicle ran a story on another sustainable accolade achieved by Mueller, Austin last week. Where are we in the development and where is it heading? The Mueller Development has been awarded a silver LEED-ND status - a new designation at the neighborhood level which allows recognition of sustainable design and construction. The US Green [...]
Buying a foreclosure with an FHA loan
Following my blog a few months back about buying Austin foreclosed homes with an FHA loan, here’s a guest post from Rob with MortgageLoanPlace.com: “Foreclosures are mounting across the country as borrowers continue to grapple with economic fallout and the subprime mortgage collapse. Despite stories of loss and despair, these problem properties have become a prime opportunity [...]
Austin Mortgage Rates
Austin mortgage planner John Schutze gives his weekly market update: “Mortgage rates remain flat this week. Rates continue to benefit from the Fed?s mortgage bond purchase program. Plus the stock market is struggling for the 3rd consecutive day. Both factors are helping to keep mortgage rates low for now. The Fed has purchased $1.023 trillion of [...]
Austin Mortgage Rates
Austin mortgage planner John Schutze gives his weekly market update: “Mortgage rates are down this week! Mortgage rates are down about .125% across the board as we end the week after the stock market dropped yesterday. Investors moved money from stocks to bonds seeking a safe haven from the stocks. Also consumer confidence in October was down [...]
Austin Mortgage Rates
Austin mortgage planner John Schutze gives his weekly market update: “Mortgage Rates are again mostly flat this week. The unemployment rate hit 10.2% this week which is certainly bad news for the economy and would generally cause rates to drop. However rates haven’t moved much since the news was released early Friday morning. One reason is [...]
Tax Credit Extended - What?s in Store in Austin?
The $8000 federal tax credit which has given the housing industry a boost in the last eight months is being extended. It should be written into law by the end of today - November 6th 2009. What does this mean to buyers and sellers in Austin? In a nutshell the changes for first time buyers: You must be over [...]
Austin Mortgage Rates
Austin mortgage planner John Schutze gives his weekly market update: “Mortgage Rates end the week unchanged. After a .125% increase mid-week, rates relaxed back down to last Friday’s level. With the Fed still purchasing mortgages and the mostly dim economic news rates are staying down. A lot of national press has headlined that the economy has “leveled [...]
Austin Mortgage Rates
Austin mortgage planner John Schutze gives his weekly market update: “Mortgage rates are higher after the Federal Reserve released internal notes of it?s Sept 22-23rd meeting which mentioned some signs that the economy may be starting to strengthen. Also, several large corporations reported strong earnings (for example Intel and JP Morgan) which pushed the stock market [...]
When Is the Grocery Coming To Mueller?
The second question I normally get asked by people looking to buy a home at Mueller is “When is the grocery store going to get here and which one is it?”. The developer gave some positive news this morning. Greg Weaver at Catellus discussed progress on the grocery store at the Mueller Neighborhood Association meeting today. [...]
Mueller Town Center - When Will It Be Here?
One of the first questions I get asked by people looking to buy a home at Mueller is “When is the Town Center going to be developed?”. Here’s the answer straight from the developer. Greg Weaver at Catellus addressed the Mueller Neighborhood Association meeting today, and one of the topics discussed was the Town Center. There [...]
