There was a great article recently on The Columbus (Ohio) Dispatch’s website about an 18-year-old named Lindsay Binegar who pulled the trigger on a purchase many people older than her can’t manage. She bought a house. And paid cash. The lessons from her story are priceless. I can’t do the article justice, so I recommend … Continue reading Financial Lessons from a Teenager
Financial Matters
Financial Lessons from a Teenager
Tax Credit, Rates Spur Home Sales in Austin and USA
Nationwide, April sales of existing homes were up 22.8 percent compared to April 2009, and were up 7.6 percent from March of this year. The driving force behind the jump, of course, was the now-expired tax credits. But another reason to buy is still here: historically low interest rates. Bankrate.com reported on May 24 that … Continue reading Tax Credit, Rates Spur Home Sales in Austin and USA
Buy a Home in Austin that’s Right for You
OK, so the deadline for the homebuyer tax credit has come and gone. The passing of the deadline has gotten me thinking about a real estate phenomenon that has become more widespread in the past year or two. It’s probable that many of the homebuyers who purchased homes before the deadline did so because of … Continue reading Buy a Home in Austin that’s Right for You
Austin Ranked in Top Ten for Best Places for Business and Careers
According to a new article published in Forbes Magazine, Austin is ranked in the Top Ten as one of the best places for business and careers, and picked to recover quicvkly from the economic recession. Austin was ranked #2 on the list for projected overall economic growth, #2 for projected job growth over the coming … Continue reading Austin Ranked in Top Ten for Best Places for Business and Careers
Austin real estate market statistics worth considering
Some recent real estate market statistics show positive signs for the economic recovery … at long last!
Nat’l Association of REALTORS gives home sales a mixed review
Existing-home sales fell from December to January but were still above year-ago levels, the National Association of Realtors (NAR) reported Friday. NAR’s chief economist, Lawrence Yun said the monthly decline was discouraging and raises concern about the strength of a recovery. According to NAR, existing-home sales declined 7.2 percent to a seasonally-adjusted annual rate of … Continue reading Nat’l Association of REALTORS gives home sales a mixed review
Are Austin mortgage rates headed higher…or not?
You might have noticed last week that the Federal Reserve raised the discount rate on loans to banks. To the uninitiated, this might seem like a move that will push mortgage interest rates higher. However, it is not. Yes, mortgage rates crept up a bit after the announcement, but that was largely a knee-jerk reaction … Continue reading Are Austin mortgage rates headed higher…or not?
Austin ranked #1 city in USA for entrepreneurs
According to a new report in Portfolio.com/bizjournals, Austin ranked #1 as the place for small business vitality, based upon a complex metric of population growth, employment growth, and small business development. See the full article here. With population growth of 19.5 percent between 2003 and 2008, employment growth despite the economic downturn of 15.6 percent … Continue reading Austin ranked #1 city in USA for entrepreneurs
A Shift in Payment Priorities
U.S. News & World Report recently published an article that indicated a pretty dramatic change in the way homeowners are now tackling their debt. According to the article, a study released by Transunion showed that Americans are increasingly more likely to make payments on their credit cards before payments on their mortgages. The data … Continue reading A Shift in Payment Priorities

