All Forum Posts by: Beau Fannon

https://www.bankrate.com/mortgages/fico-credit-sco...

This is for the real estate agents. What has been the biggest deterrent for home buyers in your recent experience? Is it the need for a higher down payment because of price appreciation? Or, the inability to get pre-qualified due to low credit scores?

I believe you will find that many local investors have been looking elsewhere for quite some time. Many single-family homes and multi-family units are providing negative ROI throughout our region.

Welcome to the Austin market! Tell us what your background and experience is so maybe we can make better recommendations?

 Merritt are you still in town? I've got in laws from Milwaukee visiting right now. We could get y'all together.

 No sir. Atlanta's airport saw month over month and year over year declines throughout the GFC clear into the beginning of 2014. Then they rebounded like a coiled spring. 

Neither do I. Every neighborhood south of Oltorf is sitting on tons of equity. I'm talking 25-50% of the homes were purchased before 2000. I can hit 20 such homes in my neighborhood with a golfball. We're on the verge of a substantial generational wealth transfer here. 

Huh? Boeing hasn't even delivered 400 of those jets yet and half of them went over seas. Austin Bergstrom gets over 16,000 flights per month. Even if every flight with a 737 Max was scheduled for Austin it wouldn't cause a blip in our air traffic. 

A widely regarded leading economic indicator for a region is airport statistics. They usually run about 2 and 1/2 months behind but so far 2019 is starting off as the best year ever. If you are truly concerned about the future of Austin's economy, check out the airport stats posted every month.

http://austintexas.gov/department/monthly-activity-reports-passenger-and-air-cargo-traffic

Open communication is better than no communication

$400 for basic calls? D@#m. I'm averaging about $260 here in Austin.