It’s getting closer to the end of the year and that means economic and market forecasts are starting to show up on the internet. Danielle Hale, realtor.com Chief Economist, released their 2021 housing forecast. The re...

You have money left over in case something else comes up and if you paid cash, I'm going to guess you still have a healthy cash flow after your expenses making it is a great return on your initial investment of $50K.Option 3 would be off the table as I don't think things will change that much in 3 weeks.

Super time-consuming and a little clunky, but got data layout as needed.

With empathy in mind, let’s wash our hands, put on our masks, social distance, look forward to the new year (and vaccinations), and get under the hood…Consumer Price Index.

Few borrowers understand how to read a title report, their state’s usury requirements, or the difference between a consumer purpose and business purpose loan.For these, you really need either a knowledgeable lawyer or an experienced hard money lender.

I used to do everything on my own but it’s too time consuming for meand no ability to scale that way.

The National Bureau of Economic Research classifies a recession as “a period of declining economic performance across an entire economy that lasts for several months.”The residuals of lost jobs, unemployment, and consumer behavior caused by COVID-19 and subsequent “lockdowns” are still being felt across the U.S. — with numbers in April 2020 reflecting largest declines.During this month we saw both job loss claims and unemployment rates — 13.5% and 14.5% respectively — the highest since the 1929 Great Depression. (2)For recent contrast, the peak of the 2007 Great Recession saw job loss and unemployment rates at 6.5% and close to 10% — that’s a difference of 7% and nearly 4% and with a population of nearly 330 million those are big numbers.We are also seeing signs of a recovery taking shape and forming into what economists call a “K-Shaped Recovery”.This article aims to clarify the type of Recovery we find ourselves in, identify who has been most affected, how these changes reflect in the Austin Real Estate market, and review what key economic indicators to watch in Austin and Texas.Why Does It Form a "K"?

I have been thinking that if I added another house and two ADUs to my property I might see a healthy return but on the other hand I have not seen many properties with ADUs sell in the area so I am not sure if this is popular enough to justify the high construction prices associated with ADUs.

Some lenders may perform a soft pull with permission.So once the prospective buyer has shared this ‘unverified, best-knowledge’ information, a preliminary scan of the prospective buyer’s financial health is performed, and the lender then provides a good-faith estimation of how much the loan seeker may be able to borrow.So pre-qualification can be a very quick process – with many lenders providing online utilities that facilitate easy information gathering for this preliminary assumptive step.

Despite the recession potential borrowers have a very healthy loan profiles, due to increased personal savings rates (people staying home because of the pandemic) and increasing equity in their homes, home prices are up 8% from last year.