Interest rates in the news and a look back at historical rates

Thought I would share this cool chart that shows interest rates since 1984.  Even though rates have been creeping up lately, we are still close to historical lows relatively speaking.



Interest Rate Charts


More interest rate info –
The Fed sets interest rates (discount rate) and is the focus of this article in USA Today that explains the stock market run up.

From the article –
“Investors’ positive vibes spring from the Fed’s Wednesday afternoon statement that it could raise near-zero short-term interest rates, but in a matter of months and amid an accelerating economy. In its final policy statement of the year, the Fed said that it “can be patient in beginning to normalize the stance of monetary policy.””

Interesting and definitely has an impact on anyone considering buying real estate in Austin.

Give us a call if you want to discuss how this affects your plans to buy.

Field notes 3/2’s under 500k in Central, North Austin

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Bungalow in Hyde Park sold for over asking price in 4 days!

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What Happens in a Buyers Market

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What’s a Market Snapshot?

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8 Central Austin homes under 650k

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Just listed! Beautiful 3 bedroom home in Hyde Park 449,000

  We just listed this great house. Classic Hyde Park Bungalow! Long Leaf pine floors, high ceilings, original built in book shelves around the fire place and original french doors.  Huge front porch that is just begging for a porch swing or two! Kitchen is big enough for a kitchen table. Original details through out house. About 1350…

3 good homes under 300k in North Central Austin

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Is Austin’s bubble about to pop?

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Coming soon in Hyde Park + Field notes on the competition

Coming soon: 3/1 Hyde Park Bungalow with a second large living area, small 1 car garage and alley access. It is set to go on the market soon in the mid 400’s. In the process of doing my pricing homework I developed these field notes. Hope they are helpful. My field notes on homes on the…