Yesterday the city announced that they would begin public hearings to rezone the lot for mixed use (residential and commercial.)

Days on market are limbo-bar low.Interest rate increase of .5% announced today.

If you search FHFA second home, you should be able to locate the announcement.

. — the parent company of Facebook — recently leased the entire commercial half of Sixth and Guadalupe, the 66-story high-rise under construction that will be Austin's tallest building when finished.Meta has just over 2000 employees in Austin currently and announced plans to bring in at least 400 additional to the area.  

-Dollywood announced a new resort earlier this year as part of a $500 million dollar expansion schedule to open in 2023.

Intel just announced a $2b plant investment here the other week.

They adjust and can be called due, which can cause problems as one never knows what interest rates on long term mortgages will be, The Federal Reserve has been announcing rate increases, so long term fixed rate interest continues to be in demand.  

Variable rate always scare me, but especially when the fed has already announced their intent to raise rates.  

Expect investment loans harder to come by, and the credit score and LTVs more strict.Jeff Lazerson of the Orange County Register made some interesting points about this announcement worth nothing:Lenders may lose their appetites to make these loans because of a worry Fannie and Freddie will say no due to their new rental and second home loan allowances.Many lenders “have already increased second-home financing by an average of 1.45 points.

This article was announced on WGN-TV Ch 9 News regarding assistance for Renters and Landlords:https://wgntv.com/news/chicago...