Austin Economic Forecast for 2012-13

Our preferred title company in Austin, Independence Title, recently provided an economic forecast meeting for local real estate professionals, and we found the summary below to be very informative.

Home Sales Up 10% From Last Year

According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, 1,051 single-family homes were sold in the Austin area in January 2012, which is 10 percent more than January 2011.

Obama’s Foreclosure Settlement Plan

I read an interesting article today on an analysis of President Obama’s recent plan for “massive” mortgage foreclosure settlement written by Independence Title’s State Director of Information Capital, Mark Sprague.  Sprague