Ki's Austin Real Estate Blog

Marshalls are preparing to put Madoff's mansions on the market, and victims of his ponzi scheme are hoping to cash in big time. Based on court records, the FBI is revving up to sell an estimated $30 million in real estate and property, all of which will go to his victims. The three homes on the w...

Foreclosure City has created the perfect storm in many major cities in the U.S. - the perfect storm for investors to find great real estate deals, that is. Large inventories, low interest rates and homeowners hungry to sell all make certain cities ideal for picking an affordable home or two. Befo...

Mortgage rates remained steady this week. The 30 year again was at 5.04 which is a low for the summer. The other mortgage products remained relatively stable this week except for the 1 year arm which fell from 4.58 to 4.52. Below are rates for the last few weeks. As we can see overall for the las...

While Congress debates healthcare reform, there is no debating the results of recent studies on Americans' health. In the last few weeks studies have shown that Americans are not living as long as they should be, our health continues to be undermined by our bad habits and new cases of Alzheimer's...

Although the rich and famous are rich and famous, it doesn't mean that they are impervious to the popping of the real estate bubble. Many have succumbed to real estate woes as of late. Ed McMahon had tabloids a talking when his real estate troubles became front page news last year. The now deceas...

Here are some eye-opening statistics: According to the Environmental Protection Agency, yard trimmings and food waste account for 23 percent of the U.S. waste stream. That means things that break down quite well naturally, like grass clippings and apple cores, are sitting in landfills creating to...

News articles throughout the U.S. headline stories about indictments for mortgage fraud. Although you may think you could never be scammed, you should think again. Above-average, intelligent, middle-class professionals have been duped as well as the average Joe. Almost no one is beyond the long a...

Mortgage rates have now dropped for 3 weeks in a row. We are not seeing a lot of movement. 30 year rates have only dropped from 5.14 to 5.04 in the last 3 weeks. What is interesting is that rates are dropping at all. Most of the news have focused on how inflation is pending for the US because of ...

The South First Street area has become a vibrant community lately, especially for pedestrians and bicyclists, since it is so densely packed with new establishments and businesses. The area is very unique and quirky; many of the businesses cater to the music industry and other artistic types. Ther...

The Associated Press reported recently that a new government survey indicates that the recession is over. Federal Reserve Chairman Ben Bernanke and analysts across the country say that the economy is showing growth again. However, what no one can predict is how deeply the so called Great Recessio...