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Tandy on Real Estate
Tandy on Real Estate
Spring Buying Season is Here
Spring is here. Finally, after a long, cloudy and wet winter we have had a couple sunny days, the bluebonnets are starting to boom, allergies are on high alert, and the Spring buying season is starting. To help you prepare, here is a snapshot of the housing market forecast.
The Student Loan Bubble and Path Forward for Graduates
America’s total household debt increased by $193 billion (1.5%) to $13.15 trillion in the fourth quarter of 2017 according to the Federal Reserve. Student loan debt ranks as the second largest household debt falling behind mortgage, and in front of auto loans, credit cards and home equity loans.
Household Debt and Credit Developments as of Q4 2017
Austin No. 1 City Gaining Company Migrations from California
Austin continues to grow from California residents and business relocations. A recent study by Joseph Vranich of Spectrum Location Solutions revealed more than 13,000 companies have left California for friendlier locations, with Austin being the No. 1 city to gain the California migrations. The study also ranked Texas as No. 1 in the Top 10 states gaining the most from California business relocations, a distinction Texas has held for the past decade.
Real Estate Agent and Broker are Found Liable for Wire Fraud Loss
A Federal Court upheld a jury’s finding that a real estate agent and broker were 85% responsible for a wire fraud that cost their client $196,622.67 (Bain v. Platinum Realty, LLC, Dist. Court, D. Kansas 2018).
Property Taxes Influence Homebuyer Migration
Last week Rob Chrisman talked about what makes homebuyers move in his daily newsletter. According to MarketWatch jobs are the determining factor for someone to relocate, second to state and local taxes.
Austin Ranks No. 1 on Nation’s Best Places to Live
Two years running Austin is number one on the nation’s Best Places to Live according to U.S. News and World Report. For those of us who are Austinites and who are working in real estate, we know this to be true.
Austin took the lead again in the magazine’s 2018 edition of its Best Places to Live in the U.S. list, which ranks 125 major metro areas in four categories including desirability, value, job market, quality of life and net migration.
Check out the Top 10 cities.
Cybersecurity: Homograph Attacks
The domain you are visiting online, may not actually be the website you were thinking it was. According to The Register homograph attacks, although not new, are still an issue in modern-day web-browsing. This may not be on your radar, but it is definitely something to be aware of as we continue to live in our online world. Here is what you need to know about homograph attacks, and how to protect yourself.
Is public WIFI too good to be true?
We love the idea of public WIFI. It is everywhere. It is free. It is easy to connect to. It is convenient. But, is it too good to be true? According to Harvard Business Journal, “over half of the adults in the U.S. have their personal information exposed to hackers each year.” And, 89% of all cyber attacks involve financial or espionage motives according to Verizon’s annual Data Breach Investigation Report.
The multi-faceted Millennial
In the Consumer Housing Trends Report 2016 the Zillow® Group covered the multi-faceted Millennial.
I found the report enlightening, debunking some of the myths about millennials, and uncovering that I may be a Millennial at heart.
Good news for homebuyers
Good news for home buyers. Interest rates continue their decline dropping over 50 basis points from their recent high at the end of last year.
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SOURCE:
http://www.freddiemac.com
http://www.freddiemac.com/pmms/