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

15 May 2013
Lloyd Segal’s very special all-day House-Flipping Boot Camp information is at http://www.reicaustin.org/reicaustin-blog

9 May 2013
National speaker Mr. Lloyd Segal will speak at REICAUSTIN Monthly meeting this Tuesday, 14 May 2013. He is an attorney, mortgage banker, author, and investor. His book Foreclosure Investing was voted “Best Personal Finance book of the Year” by USA Today Book News. We are fortunate to have his speak to our club since he is very busy speaking to various boards of realtors, real estate investors clubs, and service organizations across the country. This will be a incredible, funny and knowledgeable presentation where you will learn about house-flipping than you have learned in the past. We will also have a Q & A session so that all of your questions can get answered. See you at the meeting.

 

18 April 2013
Austin Market Statistics for March 2013

Homes Sold 2,166 up 16% from March 2012
Median Sales Price $220,000 up 10% from March 2012
Days on Market 64 Down 20 days from March 2012
Active Listings 5,218 Down 28% from March 2012
Pending Sales 2,754 up 18% from March 2012
Months of Inventory 2.6 Down 1.8 months from March 2012

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REICAUSTIN Mortgage Analysis for the week ending 10 May 2013

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

Freddie Mac Weekly Primary Mortgage Rate Last update 5/9/2013

National Mortgage
Rates Average
Rate Points Change
30 Year firm 3.42% 0.7 + 0.07
15 Year firm 2.61% 0.7 + 0.05
1 Year ARM 2.53% 0.4 - 0.03
5/1 Year ARM 2.58% 0.5 + 0.02

 

 

 

 

 

 

 

 

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

Best Rates update 5/9/2013

Best Rates Yesterday Today
30 Year FIRM 3.52% 3.59%
15 year 2.75% 2.79%
FHA 30 Year Fixed 3.25% 3.25%
Jumbo 30 Year Fixed 3.64% 3.69%
5/1 Year ARM 2.97% 2.99%

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Meeting Information

Meets 2nd Tuesday
each month

Next Meeting:
11 June 2013

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

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


Meeting Information:
New meeting location

Country Inn & Suites
7400 North IH-35
Austin, TX 78752

Map

Speaker: Mr. Matt Leschber
Title of Presentation: (TBA)

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