Found 4 blog entries tagged as investor.

The fluctuation in mortgage rates has created some savings opportunities for borrowers who shop for the best deal, according to one economist.

Fox Business reports, "mortgage rates dropped back down again last week and even though it was slight, the decrease had an impact on homebuyer demand, according to Freddie Mac.

The average rate for a 30-year fixed-rate mortgage fell to 6.33% for the week ending Jan. 12, according to Freddie Mac's Primary Mortgage Market Survey. This was a decrease from the previous week when it averaged 6.48% but remains significantly higher than last year when it was 3.45%.

The average rate for a 15-year mortgage was 5.52% last week, down from 5.73% the week before and up from 2.62% last year.  

Mortgage rates have fluctuated in the 6% to 7% range since September, Freddie Mac's data shows. Even though the changes are incremental from week-to-week, the…

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The Austin real estate market is in the middle of a shift.  While the housing market in Austin is still a seller's market, the trend is changing. More would-be buyers are now renting, thanks to a cooling down market. Next year, the market will shift from a seller's to a buyer's market.

Austin's Housing Market Pushed More Would-be Buyers Into Renting During Covid-19 Pandemic

Before the COVID-19 pandemic, Austin's housing market was tight, with rents rising by about 5% annually. In Austin alone, there are nearly 125 people moving every day. In addition, builders haven't kept up with demand, and city zoning laws limit the building of new multifamily housing. As a result, home prices have reached new peaks. In May alone, the median sale price in Austin…

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Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.

If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey toward homeownership.

Owning a Home Is a Key Ingredient for Financial Success

A report from the National Association of Realtors (NAR) details several homeownership trends, including a significant gap in net worth between homeowners and renters. It finds:

“. . . the net worth of a homeowner was about $300,000 while that of a…

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Why Austin?

CrowdStreet evaluated multiple data points from leading industry sources to compile its list of the 20 best markets for real estate investors. These markets are in the best position to benefit from the continued strength in real estate. They should deliver above-average rent growth, strong absorption rates, recovering job growth, and strong median household income growth. These factors should drive continued real estate price appreciation in 2022 across these markets.

Austin led the way because it continues to benefit from strong population and job growth. That's because companies -- especially in the technology sector -- continue to relocate and expand in the city. For example, e-commerce behemoth Amazon recently announced plans to…

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