Archive for November, 2009

Pending Homes Sales Rise

Tuesday, November 17th, 2009

Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in August, and is 21.2 […]

October 2009: Austin Market Stat’s

Thursday, November 12th, 2009

The number of sold listings jumped almost 28% from this time last year which is good news for the Austin market. We are also seeing a reduction of Days on Market (DOM) which is also good for sellers. Time will tell on the impact of the extension & expansion of the Home-Buyers Tax Credit.

Homebuyer Tax Credit Extended and Expanded

Wednesday, November 11th, 2009

Last week, a new Homebuyers Tax Credit bill was signed into law. The bill extends the tax credit for first-time homebuyers (FTHBs), as well as opens it up to current homeowners who are looking to buy. And even if you aren’t looking to purchase – pass on this article to anyone you think might be […]

Homebuyer Tax Credit

Friday, November 6th, 2009

Both the House and the Senate have passed an unemployment insurance bill, which includes an amended that expands and extends the tax credit. The bill will be sent to President Obama for his signature in the next day or so. Here is a comparison chart on the difference, most notable change its just not for […]