Douglas Kantor, 25 year old killed in 6th Street shooting, leaves behind family, high school sweetheart
Family, friends and the community are remembering Douglas John Kantor, the 25-year-old who was killed on Sixth Street after a mass shooting that injured 13 others early Saturday morning.
Kantor, who was visiting from New York and lived in Michigan, died in a hospital just after noon on Sunday after being "shot in the abdomen, just below the rib cage," according to his brother Nick Kantor.
One other victim remains in critical condition. Two suspects have been arrested as police continue to investigate the incident.
"He suffered from the time of the injury until time of death, it was the most gruesome thing," Nick Kantor told KVUE. "It's painful to discuss, but I think the public deserves to know what my brother suffered."
Nick Kantor released a statement to KVUE following his sibling's death, calling the shooting a "senseless tragedy" that "put an end to all his dreams."
According to Nick, Douglas Kantor was "looking forward to marrying his high school sweetheart of 10 years and starting a family." He had recently bought a house after receiving his master's degree in business at Michigan State, where he also completed four years in computer engineering.
🚨UPDATE: The family of Douglas John Kantor has released a statement following the death of the 25-year-old in #Austin: "He was loved by all who knew him." Kantor was shot & killed during a mass shooting event in downtown that injured 13 others: https://t.co/pS9lnAkcuFpic.twitter.com/11fFY5izYb
— John-Carlos Estrada (@Mr_JCE) June 14, 2021
Kantor was employed with Ford Motor Company as a product manager and had also used his computer science skills to develop a website for his family's air conditioning and heating business. Nick Kantor said Douglas was "loved by his family, friends and everyone who met him."
City officials and community members joined Nick Kantor in remembering Douglas Kantor.
Mayor Steve Adler released the following statement regarding Kantor's death:
"The loss suffered by the Kantor family is unimaginable. Doug Kantor leaves behind family, friends, and the future he was building. His senseless death has filled us with enormous grief, and even more resolve to stop this from happening here and across the country. Our hearts go out to all of Doug Kantor's loved ones."
A new Facebook page labeled the Downtown Austin Mass Shooting Survivors has issued a survivors fund for the 13 other victims injured.
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So you want to buy a house?
To anyone trying to get on the "housing ladder," it's been a discouraging couple of years as prices skyrocketed in a market crowded with buyers bidding against each other for just about any available home.
Things may be calming down, with the Austin Board of REALTORS reporting fewer sales and more available homes this summer.
Mortgage rates have more than doubled in the last year, from around 3% to well over 6% on a 30-year fixed rate loan, getting even more of a bump this week after the Federal Reserve raised bank rates on Wednesday.
So how affordable are homes right now? That, of course, depends on what you want and how much you're able or willing to pay, but here are some rough estimates of what a typical buyer would pay to buy a $650,000 home, which would be considered "mid-price" in today's market.
Mortgage banker Chris Holland (NMLS 211033) of Austin's Sente Mortgage ran some numbers for Austonia to illustrate a typical purchase.
Holland says that while the 30-year fixed rate mortgage is often mentioned in the media, the most popular loan that he's seeing now is a 7/1 adjustable rate mortgage, which has a fixed rate for 7 years and then adjusts every year based on market rates, with a limit on how much it can increase each year. The interest is amortized over a 30-year period. Adjustable Rate Mortgages (ARMs) offer lower rates than fixed rate loans.
Here are the numbers, which are examples. In practice, exact numbers vary with a buyer's credit rating and overall financial situation, and with the rate, which can move up or down at any time.
- $650,000 home purchase price
- 7/1 ARM at 5.875%
- 5% down payment, equals $32,500
- 95% financed, equals $617,500
- $4,990 payment, including principle and interest (P&I), insurance, and property tax
- Typically, a borrower's debt to income ratio needs to be at or below 45%. So for this mortgage, a borrower, or borrowers, would need income of roughly $11,100/month, or $133,200/year. That number could be higher, depending on the buyer's outstanding credit balances on things like credit cards and car loans.
Holland says he's had a lot of clients approved for loans who were house hunting but have put that on hold, hoping prices come down.
Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!
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Packages and Ways to Stay
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Located just 5 miles from McLane Stadium, Camp Fimfo Waco is the perfect place to stay during home game weekends. Skip the stuffy hotel room and embrace the great outdoors before cheering on the Baylor Bears! Campers can purchase a Baylor Tailgating Package that includes a pre-game meal from Executive Chef Sean Kelley and transportation to and from the game! Chef Kelley will also be cooking up delicious, elevated tailgating meals near the stadium so make sure to check out The Plaid Plate food truck before the game.
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Amenities and Activities
Camp Fimfo Waco
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