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House Extends Home Buyer Tax Credit Closing Deadline |
The House of Representatives introduced and passed a proposal to extend the original June 30 closing deadline for home buyers who want to get up to $8,000 in tax credits.
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Austin Ranks 3rd most recession-proof |
In April of 2008, Austin was ranked the third most recession proof city by Forbes because of a lack of a housing bubble, low median home price, low unemployment, and strong job growth segments that would recover more quickly. Plus, Austin was known as “Silicon Hills” for its growing tech sector industries.
Now, over two years later, the Brookings Institute has released their quarterly in-depth analysis which also ranks Austin the third most recession proof city in the U.S.
The Brookings Institute analyzes the health of America’s 100 largest metropolitan economies. It examines trends in metropolitan-level employment, output, and housing conditions to look “beneath the hood” of national economic statistics to portray the diverse metropolitan trajectories of recession and recovery across the country. MetroMonitor looks at the particular industries that drive national economic trends, and takes into account metro areas’ unique starting points for eventual recovery.
Click here for the full report. You can also view many interactive reports for employment, REO properties and other economic measurements.
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4 Things First-Time Homebuyers Need to Know About Home Inspections |
RISMEDIA, April 21, 2010 -
A professional home inspection can not only provide a great education about the home’s systems, but also be a crucial tool in negotiating the most equitable price on the home, according to HouseMaster, one of the first and largest home inspection franchisors in North America. "Our experience and research shows that approximately 40% of resale homes have at least one defect that can cost a home buyer a minimum of $500 to repair," ... Read More
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