REICAUSTIN
Welcome
Welcome to The Real Estate Investment Club of Austin (REICAUSTIN) in continuous operation since 1995. REICAUSTIN meets once a month on the second Tuesday of each month and is a group of like-minded people with an interest in facilitating real estate related activities regarding the buying and selling of residential and commercial properties. We meet to edify personal successes in real estate, educate each other, and help promote good real estate investing opportunities. All are welcome, active and passive investors, commercial and residential investors, those who service the real estate industry, and others just interested in the world of real estate and want to learn, network, and prosper together. We are a major resource center promoting real estate related activities and assisting you toward your success in the real estate industry.
Attention Homeowners: Are you experiencing any of the following issues?
- Death in the family or vacant house (Non-use of an inherited property?)
- Health issues (Overwhelming medical bills?)
- Divorce (Need to sell the house quickly)
- Disaster (Fire damage, bankruptcy, unpaid insurance claims, lawsuits, etc)
- Pending foreclosure
- Bad tenants
- Pending liens you can not pay at this time
- Soon to be transferred to another location
- You owe more on the house then it is worth
REICAUSTIN can help! REICAUSTIN can sell your property quickly for a fair price!
Please come to REICAUSTIN's monthly meeting or contact us, let REICAUSTIN show you how we can help resolve your conflicts. Let REICAUSTIN put your worries behind you.
REICAUSTIN News You Can use
2 February 2012
Talked with a guy yesterday about Virtual Assistants. It was actually pretty impressive what they can do to help real estate investors make money and save time. For more information, here is a link to their website...https://clubwealth.infusionsoft.com/go/vsl/reicaustin.
1 February 2012
Mark Torok is having a special live conference call tomorrow, Thursday 2 February 2012 go to http://bit.ly/deOSmI for complete details.
31 January 2012
We are proud to announce an exciting new REICAustin Member benefit. All members of REICAustin can now save money on materials and services through our Community Buying Group membership. This membership allows all members of the club to get discounts as if they were a larger company at no charge to REICAustin members.
21 December 2011
Austin Area Market Statistics for December 2011
Homes Sold: 1,358 Down 11% from November
Median Sales Price: $189,300 up 3% from November
Days on Market: 83 Down 1% from November
Active Listings: 7,173 Down 18 % from November
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REICAUSTIN Mortgage Analysis for the week ending 28 January 2012
For Historical Mortgage Data from Inside Mortgage Finance go to
http://www.imfpubs.com/data/
Freddie Mac Weekly Primary Mortgage Rate Last update 1/27/2012
|
National Mortgage Rates Average |
Rate | Points | Change |
| 30 Year firm | 3.98% | 0.7 | + 0.10 |
| 15 Year firm | 3.24% | 0.8 | + 0.07 |
| 1 Year ARM | 2.74% | 0.6 | 0.00 |
| 5/1 Year ARM | 2.85% | 0.7 | + 0.03 |
National Fixed Rate Mortgage figures go to
http://www.erate.com/mortgage_rates_search.htm
Best Rates update 1/27/2012
| Best Rates | Yesterday | Today |
| 30 Year FIRM | 3.86% | 3.83% |
| 15 year | 3.29% | 3.25% |
| FHA 30 Year Fixed | 3.75% | 3.75% |
| Jumbo 30 Year Fixed | 4.09% | 4.06% |
| 5/1 Year ARM | 3.05% | 3.06% |













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