The Real Estate Zone Radio Show – 10/25/14 Broadcast

by John McClellan on October 29, 2014

Listen to the Real Estate Zone Radio Show from October 25th, 2014. Mortgage Rates, How Credit Scores Work, Millenials and their effect on real estate, and questions from callers and more!

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MISSION OF SUPREME LENDING AUSTIN McClellan Branch

by John McClellan on October 28, 2014

MISSION OF SUPREME LENDING AUSTIN McClellan Branch

Our mission is to be the leading and most highly respected mortgage banking company in the Austin area by providing the highest level of service, ethics, products, and professionalism to our clients and partners.

 Our goal is to make a positive, enthusiastic, and meaningful impact on our industry, our community, and one another through leading, educating, learning, and giving.  The mission of this company involves not only connecting with, sharing, enriching, and transforming the lives of others but also assisting in every way to help our clients realize the dream of home ownership.

 

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The Real Estate Zone Radio Show – 1/23/14 Broadcast

October 20, 2014

The Real Estate Zone radio show from January 23, 2014.

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The Austin Real Estate Market still has legs!

September 23, 2014

Big question!  How much longer will this incredible real estate market hold on in Central Texas?  Real estate happens in cycles, and sometimes we can look to the past to divine the future.  The chart you see is a snapshot of the Austin real estate market, month over month, from 1994 to August 2014.  I have said […]

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Comparison of future and current USDA eligibility areas

September 20, 2014

October 1 signals the new map changes for USDA.  Here is a link:  USDA.  Map at the top is future, and map at the bottom is

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Fed speculation rocks mortgage rates this morning!

September 10, 2014

Fed comments rock mortgage rates this morning!  Mortgage rates have jumped up considerably since yesterday!  Bloomberg CNBC Fed Weighs Change to Rate Guidance for Added Flexibility – This speculation has led to a sell-off in MBS and 10-year TSY this a.m., sparking new fears of higher mortgage rates in the near future.  All signs point […]

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Surprisingly bad jobs report opens window for lower rates in short term

September 5, 2014

Mortgage rates are set to drop this morning on a surprisingly Bad jobs report. Economists had forecasted 225k new jobs, but the Monthly jobs report held only a meager 142k. MBS and Tsy rallied.  The question is this:  How long will they hold and will these numbers be revised?  At least for today we are […]

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Listings/Pendings compare ratio remains strong

September 3, 2014

Listings to Pendings compare ratio continues to slip in the Austin MLS. Active listings (SFR only) 6619 Pendings (SFR only) 3253 Compare ratio = 2.03 Still a VERY hot market, but we have slowed down compared to the market earlier this summer and spring.   John McClellan

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Are you Flipper or a Flopper?

May 5, 2014

How to make money, not lose money, when flipping real estate I want to get into real estate and flip houses!  That statement or the question that follows (How do I do that?) is made over and over again to me on a weekly basis.  There are a few flippers out there who do very […]

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USDA Update! Population limits raised to 35,000!

February 27, 2014

Just got some inside scoop from friends at the USDA office.  Kyle, Hutto, Taylor, and Leander are not going away until after 2020 census because the population limit has been raised to 35,000.  (Previously 25,000 was the population limit.)  This is great news for affordability!  USDA loans are the most affordable or lowest down payment […]

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