January 2023 Housing Market Update for Austin, TX MSA

January 2023 statistics have been released for the Central Texas Housing market. There was a slight decrease in median sales price from the preceding month and ...

Happy Holidays to all my friends and neighbors! I am once again thrilled to discuss the San Antonio real estate market with you. While the situation may not have seen significant improvement, there's a limit to how lo...

Do you believe mortgage rate will start to decrease? Do you believe home prices will increase? Are we expecting a recession? I would love to hear everyone's thoughts!

Our HELOC on our primary finally came through and it appraised at the top of the market!  We are pleased with that 1.25% minimum pmt at @7% interest, 10 year draw with a balloon at the end.  We are excited but also ne...

I'm doing a 1031 exchange and just went under contract for the purchase of two villas which are under construction in Kingsland, GA.  They should rent for $2100-$2200 and just a few months ago I would've had pretty go...

Has anyone tried requesting a sec 8 rental increase but the rate comes in lower than the current rate? Would sec 8 decrease the rent to the calculated fair market value of rent or at worst case scenario remain the sam...

Hello Bigger Pockets!
I will be closing on my first investment property next week, it is a 4-plex that will cash flow about $700 per month after all expenses including tax escrow, (etc. even including mowing service...

The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high.  Some economists are claiming that this raise was already priced into current mo...

I am trying to get pre approval for a mortgage loan. However, my debt-to income ratio is too high, due to me refinancing a shorter loan period with a higher monthly payment. I am trying to find a way to decrease the r...

I created a couple of charts/matrices to illustrate the affect that rapid rise in interest rates had on monthly payments, which in turn affects affordability. I'm guessing many BP visitors don't raalize the real diffe...