Craig Smyser

Austin Texas Real Estate

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You are here: Home / 2012 / Archives for January 2012

Archives for January 2012

More Information on the New Mortgage Tax

January 31, 2012 Craig Smyser Leave a Comment

The mortgage tax passed and signed into law in late December 2011 is still largely unknown by the public. As we get close to implementation, I asked John McClellon with Supreme Lending to explain how the new tax will impact the cost of a mortgage. The mortgage industry is commonly referring to this new tax as the G-Fee. … [Read more...]

Filed Under: Blog, Featured Blog Posts, General Real Estate Information

MetLife Closes Mortgage Division Citing Government Regulation

January 20, 2012 Craig Smyser Leave a Comment

The Wall Street Journal reports that MetLife recently closed its profitable mortgage division, firing 4,300 workers, because it was not willing to continue in the industry because of the "regulatory environment." That's a nice way of saying the government is so intrusive into the business that it isn't worth it for us to keep the doors open. MetLife got into the mortgage business in 2008 when the industry was at the bottom because it was able to get in there cheap. However, in October, the Fed informed MetLife they … [Read more...]

Filed Under: Blog, Featured Blog Posts, General Real Estate Information

Coming Soon! 7213 Quimper Lane, Austin, TX 78749

January 19, 2012 Craig Smyser Leave a Comment

Coming to the market by early February, this 4 bedroom, 2 1/2 bath home is located in the Legend Oaks in Austin. It is a foreclosure situated on a cul-de-sac. To request a showing before the house hits the market, contact me at 512-650-7300, by email, or the form below. … [Read more...]

Filed Under: Blog, Featured Blog Posts, Homes for Sale

Dorm Room or Big Home in the Suburbs?

January 18, 2012 Craig Smyser Leave a Comment

I missed this article when it ran about two months ago, so you may have seen it already. If not, you may be a bit envious of these college students who are living in luxury homes for less than the cost of a dorm room. Of course, they'll be the envious ones when they graduate and can't find a job, right? … [Read more...]

Filed Under: Blog, Featured Blog Posts, Odd Real Estate News

New Texas Laws Relating to HOAs

January 11, 2012 Craig Smyser Leave a Comment

On January 1, 2012, a host of new laws went into effect in Texas. In this video, I summarize a few related to the ability of an HOA to foreclose. … [Read more...]

Filed Under: Blog, Featured Blog Posts, General Real Estate Information

How’s the Market in Steiner Ranch? – January 2012

January 10, 2012 Craig Smyser Leave a Comment

In this edition of How's the Market in Steiner Ranch?, I review a few of the monthly sales stats, give my interpretation of them, and discuss the new tax on mortgages. To view summary and detailed information for all Steiner Ranch neighborhoods, check out the Neighborhood Home Sale Data. If you are looking to buy or sell a home in Steiner Ranch, contact me at 512-650-7300, by email, or the form below.If you prefer to read instead of watch, here the transcript: Transcript In December, 24 homes closed in … [Read more...]

Filed Under: Blog, Featured Blog Posts, Housing Statistics, How's the Market in Steiner Ranch

How’s the Market in Steiner Ranch? – 2011 Year End

January 10, 2012 Craig Smyser Leave a Comment

In this year-end edition of How's the Market in Steiner Ranch?, I review the year end sales figures, give my interpretation of them, and provide my predictions for 2012. Here are the additional stats and graphs referenced in the video: Resale and All MLS. As the name implies, the Resale link is for resale properties only. The All MLS link is for all Steiner Ranch properties listed in the MLS. This includes some new construction homes, but certainly not all new construction homes sold in Steiner. As a result, it … [Read more...]

Filed Under: Blog, Featured Blog Posts, Housing Statistics, How's the Market in Steiner Ranch

Austin Home Sale Prices for December Now Available

January 9, 2012 Craig Smyser Leave a Comment

I just updated the Neighborhood Home Sale data for December. You can access the sales prices for home sales in over 90 Austin area neighborhoods by clicking here. Detailed information is available for those who register and summary data is available for those who do not. If you are ready to become part of these monthly statistics by either buying or selling a home, contact me at 512-650-7300, by email, or the form below.   … [Read more...]

Filed Under: Blog, Featured Blog Posts, Housing Statistics

New Tax on Mortgages

January 6, 2012 Craig Smyser Leave a Comment

Little publicity has been given to a new tax on mortgages that was signed into law on December 23, 2011, as a result of the negotiations to extend unemployment benefits and payroll tax reductions. In this video, I discuss what this tax means for new mortgages. If you have any questions about this new tax or other real estate issues, contact me at 512-650-7300, by email, or the form below. For those of you who prefer to read instead of watch, here is the general transcript of the video: On December 23, … [Read more...]

Filed Under: Blog, Featured Blog Posts, General Real Estate Information

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1835 Realty

6548 Comanche Trail
Suite 401-D
Austin, TX 78732

(512) 650-7300
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512-650-7300 (mobile) or 512-890-1835 (main office).
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