Industry News
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.
 Read more...
 
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.

 

 
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

 
Helpful Resources
Austin Area School Information Links
School Finder


Austin Area Utility Providers

Click
here for a list of utility providers for the Austin and surrounding areas.



Preferred Lenders
Capstar Lending - Deborah Ginac
Sr. Loan Officer
(512) 459-2406
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http://www.capstarlending.com/deborahg

First American Mortgage - Dawn Skinner
Mortgage Loan Specialist
512-231-9500 x107
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http://www.famctx.com

NETWORK FUNDING, LP - Ann McKinley
Loan Officer NMLS #200305
8800 Business Park Dr. , Suite 200
Austin, TX 78759
Office: (512) 331-7292
Fax:  (512) 857-0936
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www.austinhomeloans.info




Preferred Vendors


Property Inspector - Chad Garrett
AustInspect
512-426-6328

http://www.austinspect.com/

General Contractor - John Cummings
512-577-8327
http://www.sawdustpro.com/

M.D. Termite and Pest Control - Mike Edwards
512-415-4099


Access Door Systems - Robbie Sanders
512-345-1113

http://www.accessdoorsystems.com/




Austin Area Tax Appraisal Links
Click here for access to tax appraisal districts for the Central Texas area.