Fearless Predictions by Scott Palmer . . .

September 3, 2010

FINALLY, we made it!  Football season is HERE, and there is much to talk about.  First, some general thoughts on this year’s Horns: This is the fastest defense I have EVER seen at The University of Texas–every position. A LOT of underclassmen will play this year, not necessarily because they HAVE to but because they [...]

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The Dead Cat Story . . .

August 31, 2010

Dead Cat StoryClose your eyes.  Relax.  Think back to a simpler time—a time before cell phones, before email, before PDAs and internet search engines.  Think back to a time when real estate agents had glamour-shot photographs on their business cards and online was not around. Now, ask yourself these questions:  How did real estate agents [...]

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THE REAL ESTATE ROLLER COASTER

August 31, 2010

Your grandfather always told you, “Location, location, location.” I am here to tell you that it is all about timing in specific locations. Investors have always given a lot of weight to the location of real estate, and this strategy has worked well in the past.  However, to maximize rate of return investors in today’s [...]

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Austin Real Estate Daily – Existing Home Sales Fall off a Cliff – Mortgage Fraud Increase

August 25, 2010

John McClellan and Jason Lewis discuss existing home sales and mortgage fraud.

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Existing Home Sales Drop a Record 27%!

August 24, 2010

Existing home sales dropped a record 27% today.  Consensus was 4.7M; however, the number came in at a much lower 3.8M, and MBS markets acted accordantly to the bad news and are currently rallying.   This report is  only for existing home sales expressed on an annual basis.  This lack of demand signals a future slowdown [...]

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Austin Real Estate Daily – Conference on Housing and Finance Reform – Seriously

August 19, 2010

John and Jason discuss the the conference on housing and finance reform

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Austin Real Estate Daily – The Mortgage World is evolving–will you become extinct?

August 17, 2010

John and Jason discuss the evolution of the mortgage business and give insight about current mortgage events.

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HUD is raising its monthly MI and lowering its upfront MI*****Update**** Change has been delayed!!

August 16, 2010

*******UPDATE********* *******UPDATE********* Tuesday, August 10, 2010 FHA’s new mortgage insurance premium structure change has been pushed back to October 4, 2010 http://www.immaag.com/Portals/0/BottStatementPremiumChanges_delay_100410_081010.pdf *******UPDATE********* *******UPDATE********* This just came across the email from HUD:   Big changes that will affect the affordability of FHA loans by almost doubling the monthly MI payments on FHA loans.  Currently, on a [...]

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Austin Real Estate Daily – We need “deliverance” from HVCC

August 10, 2010
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The Real Estate Zone – Commuter Rail and what it means to Central Texas Real Estate

August 4, 2010

John McClellan and Kevin Bown discuss Commuter Rail and what it means to Central Texas Real Estate.

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