Bill Morris Realtor

For months, I have been writing about the Fed winding down its purchases of mortgage-backed securities and the increase in mortgage interest rates that will likely result.  On Thursday I posted about the next wave of mortgage defaults coming, and the impact on home values in the areas where forec...

For months, I have been writing about the Fed winding down its purchases of mortgage-backed securities and the increase in mortgage interest rates that will likely result.  On Thursday I posted about the next wave of mortgage defaults coming, and the impact on home values in the areas where forec...

From today's Austin American-Statesman: Austin could land 500 jobs from Facebook, Chinese solar company These moves still require City Council votes on incentives in a couple of weeks, but Austin and Central Texas continue to attract growth and investment.  Moreover, in my opinion, these kinds of...

Earlier today I blogged about the ongoing mortgage crisis, and the almost inevitable fact that Austin will continue to feel its effects, but it is important to keep in mind the contrasts between the Austin/Central Texas real estate market and the hardest hit states and cities. From this morning's...

 A few days ago I posted this AP article to AustinMarketInfo.com: Report: Fewer people falling behind on home loans It is interesting, and seems accurate as far as it goes.  These "in the rearview mirror" statistics are encouraging.  The article does mention, correctly, that continuing foreclosur...

Ours is a numbers-intensive business, and I find that discussing market statistics with my clients gives them a much better basis for making informed decisions, whether they are considering buying or selling.  I have written previously about my Austin Market Dashboard, which I keep updated every ...

Even in Austin and Central Texas, home foreclosures are up. As a percentage of total sales, foreclosures were 2.6X higher in 2009 than they were in 2005: Foreclosure postings up I have represented sellers and buyers in short sales and foreclosure situations for years, but I have just completed so...

No surprise in that headline, right?  Mortgage defaults and foreclosures are up nationwide, but there are stark differences from region to region and from metro to metro.  Bloomberg reports that Arizona, Nevada, California, and Florida continue leading in terms of percentages of households posted...

I have written about this for months, but this short article from RISMedia is an interesting perspective: Mortgage Backed Securities and the Real Estate Market: Where Do We Go From Here? I have seen other credible forecasts that when the Fed withdraws support, mortgage rates could increase 1%  to...

I just picked this up from CRS Member Connect and found it very interesting given the pace and tone of news about U.S. housing and homeownership over the past year or so: U.S. Homeownership Rate Holds Steady"The U.S. homeownership rate held steady at 67.2 percent at the end of the fourth quarter ...