While doing research on foreclosures in the area on RealtyTrac, I came across a useful tool for renters. It allows you to put in an address to see if it is in foreclosure. Which can be helpful for renters to know if their landlord is really making those mortgage payments.
I can't say if its 100% accurate but it is a tool for renters sidestep a possible eviction through no default of their own.
Monday, April 30, 2012
Wednesday, April 25, 2012
Bella Vista - Cedar Park
This is a new project that I am working on for my blog, I will be visiting the neighborhoods of Cedar Park on a regular basis. The video will be a drive through of the neighborhood along with MLS (Multiple Listing Statistics. Enjoy.
Tuesday, April 24, 2012
Preliminary MLS Data - March 2012
Units for Sale: (compared to March 2011)
New listings are down 7.90%.
Pendings are up 19.39%.
Solds increased by 16.46%
As for Average Prices:
The "New Listings" average list price is up 3.66% to $342,713. In March 2011 the average list price was $330,627.
Sold average sales prices increased 6.14% to $258,863. For March 2011 it was $243,878.
What does this mean? We are seeing a steady number of buyers coming to the market, but listings are not coming on the market at the same pace as last year. The homes that are ready to sell and price right are selling quick.
New listings are down 7.90%.
Pendings are up 19.39%.
Solds increased by 16.46%
As for Average Prices:
The "New Listings" average list price is up 3.66% to $342,713. In March 2011 the average list price was $330,627.
Sold average sales prices increased 6.14% to $258,863. For March 2011 it was $243,878.
What does this mean? We are seeing a steady number of buyers coming to the market, but listings are not coming on the market at the same pace as last year. The homes that are ready to sell and price right are selling quick.
Wednesday, March 21, 2012
February 2012 - MLS Update
Austin continues to see an promising trend on home sales.
Units for Sale: (compared to February 2011)
New listings are up 9.15%.
Pendings are up 28.61%.
Solds increased by 11.98%
As for Average Prices:
The "New Listings" average list price is up 5.84% to $326,993. In February 2011 the average list price was $308,936.
Sold average sales prices increased 4.26% to $251,134. For February 2011 it was $240,864.
Monday, March 12, 2012
Real Estate: Week Review - Austin MLS
Units for Sale:
For March 4, 2012 - March 10, 2012 (compared to the same week in 2011)
New listings are down this week 1.35%.
Pendings are up this week 18.79%
Solds are up 39.53%
Average Prices
For March 4, 2012 - March 10, 2012 (compared to the same week in 2011)
Sold average sales prices increased 15.41% to $270,637. In 2011 it was $234,508 for the same week.
FREE Foreclosure Prevention Phone-A-Thon
The Texas Department of Housing & Community Affairs is hosting a Free Foreclosure Prevention Phone-A-Thon on Tuesday, March 13, 2012
Target Audience: Delinquent and at-risk Borrowers
What: Homeowners have an opportunity to ask questions and obtain information about steps to start or continue the process to avoid foreclosure
When: 8:00 am - 8:00 pm CST, Tuesday, March 13, 2012
How: Call toll free: 1-866-989-6931
Host: Fannie Mae's "Know Your Options"
Team: http://www.knowyouroptions.com/
While this event will be broadcast live only in Dallas on NBC 5, calls will be accepted from anywhere in Texas.
Please help spread the word to those in your community who may be facing foreclosure!
Target Audience: Delinquent and at-risk Borrowers
What: Homeowners have an opportunity to ask questions and obtain information about steps to start or continue the process to avoid foreclosure
When: 8:00 am - 8:00 pm CST, Tuesday, March 13, 2012
How: Call toll free: 1-866-989-6931
Host: Fannie Mae's "Know Your Options"
Team: http://www.knowyouroptions.com/
While this event will be broadcast live only in Dallas on NBC 5, calls will be accepted from anywhere in Texas.
Please help spread the word to those in your community who may be facing foreclosure!
Wednesday, February 29, 2012
Texas Foreclosure Activity Down in 2011
Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 89,675 Texas properties in 2011, down 25 percent from a year ago and 10 percent below the level reported in 2009, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
The state posted the 25th highest foreclosure rate in the nation, with one in every 108 Texas housing units receiving a foreclosure filing in 2011.
Foreclosure filings were reported on 8,586 Texas properties in December, a 15 percent decrease from November and down 23 percent from December 2010. One in every 1,133 Texas housing units received a foreclosure filing in December, the 25th highest state foreclosure rate in the nation.
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