by Norman | Nov 11, 2009 | Uncategorized
According to a nationwide forecast by IHS Global Insight, four major Texas metros will be among the first in the nation to recover from the recession. San Antonio and Austin are expected to bounce back to pre-recession job levels sometime next year, predicts the...
by Norman | Nov 11, 2009 | Uncategorized
The 2009-2010 IRS Tax Credit for home buyers was extended and expanded in November. The new expiration date is April 30, 2010 and the tax credit now includes current homeowners, not just First-Time homebuyers and income limits were expanded to $225,000. With new...
by Norman | Nov 9, 2009 | Uncategorized
As has been the case all year long, mortgage rates remain low – hovering the 5% mark. The tax credit extension, although the long term effects may be adverse, should help housing going into the first quarter of 2010. Coupled with low interest rates, many...
by Norman | Nov 9, 2009 | Uncategorized
Courtesy: Scott Medsger – Hometrust Loans As expected, the extension of the tax credit for first time homebuyers passed both the House and Senate and now awaits the Presidents signature. For First Time Homebuyers, or those that have not owned a home in the...
by Norman | Nov 9, 2009 | Uncategorized
Courtesy: Scott Medsger – Hometrust Mtg. The Jobs Report Friday revealed continuing losses in employment. The Labor Dept reported 190,000 job losses for October bringing the unemployment rate to 10.2% – the highest since 1983 – and the...
