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Welcome to The Real Estate Investment Club of Austin (REICAUSTIN) in continuous operation since 1995. REICAUSTIN meets once a month on the second Tuesday of each month and is a group of like-minded people with an interest in facilitating real estate related activities regarding the buying and selling of residential and commercial properties. We meet to edify personal successes in real estate, educate each other, and help promote good real estate investing opportunities. All are welcome, active and passive investors, commercial and residential investors, those who service the real estate industry, and others just interested in the world of real estate and want to learn, network, and prosper together. We are a major resource center promoting real estate related activities and assisting you toward your success in the real estate industry.

Attention Homeowners: Are you experiencing any of the following issues?
- Death in the family or vacant house (Non-use of an inherited property?)
- Health issues (Overwhelming medical bills?)
- Divorce (Need to sell the house quickly)
- Disaster (Fire damage, bankruptcy, unpaid insurance claims, lawsuits, etc)
- Pending foreclosure
- Bad tenants
- Pending liens you can not pay at this time
- Soon to be transferred to another location
- You owe more on the house then it is worth


REICAUSTIN can help! REICAUSTIN can sell your property quickly for a fair price!

Please come to REICAUSTIN's monthly meeting or contact us, let REICAUSTIN show you how we can help resolve your conflicts. Let REICAUSTIN put your worries behind you.

 


Click here for Things to do and Events happening in Austin, Texas

 

REICAUSTIN News You Can use

21 June 2014
***We are moving***Because the Country Inn and Suite is undergoing renovation we will have to move to a new location for our monthly meeting in July. We are moving to the Crown Plaza next to the China Star Resturant at the corner of IH-35 and Hwy 69 at exit 238B. See you there on 8 July 2014.

 

20 June 2014

Austin Market Statistics for May 2014

Homes Sold 2,943 up 3% from May 2013
Median Sales Price 249,000 up 8% from May 2013
Days on Market 40 Down 4 days from May 2013
Active Listings 5,949 up 4% from May 2013
Pending Sales 2,928 up 2% from May 2013
Months of Inventory 2. Down 0.1% month from May 2013

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REICAUSTIN Mortgage Analysis for the week ending 28 June 2014

For Historical Mortgage Data from Inside Mortgage Finance go to
http://www.imfpubs.com/data/

Freddie Mac Weekly Primary Mortgage Rate Last update 6/27/2014

National Mortgage
Rates Average
Rate Points Change
30 Year firm 4.14% 0.5 - 0.03
15 Year firm 3.22% 0.5 - 0.08
1 Year ARM 2.40% 0.4 - 0.01
5/1 Year ARM 2.98% 0.3 - 0.02

 

 

 

 

 

 

National Fixed Rate Mortgage figures go to
http://www.erate.com/mortgage_rates_search.htm

Best Rates update 6/27/2014

Best Rates Yesterday Today
30 Year FIRM 4.12% 4.10%
15 year 3.27% 3.25%
FHA 30 Year Fixed 3.75% 3.75%
Jumbo 30 Year Fixed 3.96% 3.94%
5/1 Year ARM 3.23% 3.24%

 

Meeting Information

Meets 2nd Tuesday
each month

Next Meeting:
12 August 2014

Time:
New Investors
Start at 6:30 p.m.

General Meeting and Presentation
Start at 7:00 p.m.


Meeting Information:

Crowne Plaza Austin
6121 North Interstate Highway 35
Austin, TX 78752
Map

Speaker: Linda Pederson 
Title of Presentation:  Marketing in Today's Market 

 

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