• Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
  • Real Estate Investment Club of Austin
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Daily Inspiration

Corporate Learning Institute's Inspirational Daily Quote
Daily Inspirational Quotes from the Corporate Learning Institute
  • Inspirational Daily Quote for July 3, 2009

    “If we habitually focus on how to improve things that are already great, can you see how this spirit can transform ourselves, our organizations, families and communities?” Tony Robbins

  • Inspirational Daily Quote for July 2, 2009

    “We must walk consciously only part way toward our goal and then leap in the dark to our success.” Henry David Thoreau

  • Inspirational Daily Quote for July 1, 2009

    “We are not born all at once, but by bits. The body first, and the spirit later; and the birth and growth of the spirit, in those who are attentive to their own inner life, are slow and exceedingly painful. Our mothers are racked with the pains of our physical birth; we ourselves suffer the longer pains of our spiritual growth.” Mary Antin (1912-)

  • Inspirational Daily Quote for June 30, 2009

    “We live in a moment of history where change is so speeded up that we begin to see the present only when it is already disappearing.” R.D. Laing

  • Inspirational Daily Quote for June 29, 2009

    “All of us, at certain moments of our lives, need to take advice and to receive help from other people.” Alexis Carrel, Reflections on Life

 

News You Can Use          Last Update 26 June 2009

Austin Energy Efficiency Ordinance (AECAD) is now in effect starting on 1 June 2009. Homeowners who sell their property on or after 1 June 2009 must now disclose the energy efficiency of their property to buyers. For more information about this ordinance, please go to www.austinenergy.com/go/ecad. Failure to comply with this ordinance will cost you money.

 

 For Fannie Mae Economics and Mortgage Market Analysis go to http://www.fanniemae.com/media/economics/index.jhtml

 

                    Freddie Mac Weekly Primary Mortgage Rate


June 25, 2009

30-yr

15-yr

5/1-yr ARM

1-yr ARM

Average Rates:

5.42%

4.87%

4.99%

4.93%

Fees & Points:

0.7

0.7

0.7

0.7

Change:

0.04%

-0.02%

0.02%

-0.02%

 

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

 

National Fixed Rate Mortgage figures go to

http://www.erate.com/mortgage_rates_search.htm

 


 Best Rates June 25, 2009  Yesterday Today
 30-yr 5.18% 5.09%
 15-yr 4.65% 4.54%
 FHA 30 Year Fix
 5.20% 5.11%
 Jumbo 30 Year Fix
 5.49% 5.41%
 5/1 Year ARM 3.92% 3.90%



Monthly Austin Area Statistics          Last updated 1 June 2009

Provided by: Ms. Sophia Cardenas
REALTOR, GREEN, SRS, ECOBROKER
Cell: 512-517-1028
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

This Months Meeting

Meets
2nd Tuesday
each month

Next Meeting
14 July 2009

Speaker
Ms. Stephanie Grahn

 

Presentation

Austin Energy Conservation Audit and Disclosure (AECAD) and how it affects home sellers

 

Location and Information

(Click Here)

8500 Building #4

8500 Shoal Creek Blvd.

Austin, Texas 78757-7591

Austin Real Estate Market for April 2009 as published 20 May 2009

2009

Change from
April 2008

Active Listings

9,373

--

Houses Sold

1,601

- 18.0%

Median Sales Price

$189,900

+ 1%

Dollar Volume for single-family properties sold

$372,077,203

--

Single family housing inventory for the Central Texas

6.4 months

National housing inventory average

10 months

Source: Austin Board of Realtors

 

AUSTIN MARKET OVERVIEW
APRIL 2009

2009

2008

Percent
Change

5-Year
Average

2009
Year to Date

2008
Year to Date

Percent
Change

5-Year
Year to Date
Average

New Listings

3,628

4,428

- 18.1%

4,137

13,497

16,273

- 17.1%

14,919

Pending Sales

2,128

2,339

- 9.0%

2,523

6,802

8,799

- 22.7%

8,858

Closed Sales

1,586

2,191

- 27.6%

2,186

5,139

7,379

- 30.4%

7,429

Days on Market Until Sale

76

64

+ 19.4%

64

81

69

+ 17.0%

70

Median Sales Price

$185,000

$185,562

- 0.3%

$176,312

$180,983

$185,000

- 2.2%

$172,907

Average Sales Price

$227,756

$238,074

- 4.3%

$227,825

$229,169

$237,411

- 3.5%

$225,646

Total Active Listings Available

11,598

NA

-

-

-

-

-

-

Percent of Original List Price

92.9%

95.4%

- 2.6%

95.8%

95.8%

94.6%

+ 1.2%

92.1%

Housing Affordability Index

154

139

+ 11.2%

149

-

-

-

-

Months Supply of Inventory

6.9

NA

-

-

-

-

-

-

All data from the ABOR Multiple Listing Service.

Reports are created and maintained by the Minneapolis Area Association of REALTORS®.


Copyright © 2008 Real Estate Investment Club of Austin (REICAUSTIN). All Rights Reserved.