To Austin

Thursday, April 1, 2010

Real Estate Market

While Austin remains one of the best real estate market in our year-end activities. Sell low unemployment and higher inventory levels, rental real estate. Reduction and economic deterioration. Real estate sales are likely to be near 50-year mortgage rates dropped. Rentals are following the same format.

Consumer confidence very low cash holding.
And focus on their immediate needs. This affects all industries. While credit is not difficult to get drivers to reduce consumer spending. Consumer confidence. While many auto dealers offer discounts and zero percent interest consumer debt maintain the existing car and the car would not need uncertainty.

We will see the same trend in the real estate market and the tenants renew leases with the landlord to delay their home buying fear of loss or erosion of prices in the real estate market and will be difficult to have Eligible mortgages Fannie Mae has changed how the loan will have the power rating of 740 cattle have been the best loan rates that they have no idea. Reserve for loans and general

For the past two years we have continually increased rent these trends continue until the financial crisis hit us this fall many homeowners can not sell a house in the price you want and are. Forced to rent their own home and warehouse at High Road in Cedar Park / Leander and Round Rock do.

Our rental product end of all properties is 1,100 USD per month weathered the storm better than the high cost of property to rent, prices soft most of Road 1000 USD per month, or more than 1,200 USD per month earlier this year to less 10% to over rent, swimming pool, low-quality tenants, we still see people downsize and move to more affordable rental home.

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