Monthly Archives: December 2008

Austin Real Estate Scene › Tools — WordPress

Posted on December 12, 2008 by Terrill Fischer| Leave a comment

Austin Real Estate Scene › Tools — WordPress.

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Posted in Austin Housing, Austin Housing Market, Austin Real Estate, Downtown Austin, Everything Austin, Home Safety, Investing in Austin Real Estate, Market Update, Nationwide Update, Real Estate, Real Estate Trends

Buying Real estate under the influence

Posted on December 12, 2008 by Terrill Fischer| 1 Comment

I found an interesting trend in getting buyers to purchase real estate in today’s down real estate market. It’s from www.trendhunter.com
alcohol

When it comes to real estate, it’s a buyers market out there. Homeowners are giving away 50-inch plasma televisions, $20,000 cash-rebates, $500 gasoline cards, and even the cars in their garages. Sellers will try just about anything to unload that second mortgage–including getting you drunk.

Stories are starting to circulate about real estate agents providing alcohol to potential buyers. It’s been coined as a BUI, or buying under the influence. Only this time, when you wake up, you’ll have much more than a headache.

Source: flickr Via: gawker
http://www.trendhunter.com/trends/hangovers-and-mortgages-buying-under-the-influence

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Will the Treasury lower mortgage rates to 4.5%?

Posted on December 4, 2008 by Terrill Fischer| 1 Comment

I saw this article today on Bloomberg news and on the Cnn Money. This is supposed to be the way to help buyers in 2009 to purchase homes for the lowest rate ever offered to people. This is only for home buyers, not investors. It’s supposed to help reduce the inventory of homes for sale now. The foreclosure market now is twice as big as last year’s. Read the article below. Let me know what you think about it. Continue reading →

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Posted in Buying Real Estate, Housing Market, Market Update, Mortgages/Financing, Nationwide Update, Real Estate