Wow, what a difference four years makes! There was a fascinating article on CNNMoney.com recently that compared a nationwide housing price valuation study done in 2006 to one recently released here in the Year 2010. Four years ago, when real estate prices were rising like there was no tomorrow, National City Corp. and IHS … Continue reading Austin real estate escapes the “pendulum” effect for house valuation fluctuations
Financial Matters
Austin real estate escapes the “pendulum” effect for house valuation fluctuations
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Pending home sales data shows market stabilization underway
The National Association of Realtors has released its December 2009 data on pending homes sales, which were up 1 percent from November. Pending home sales are an indicator of future completed sales, meaning that markets are continuing to stabilize heading into the spring buying season. The index the NAR uses to determine pending sales was … Continue reading Pending home sales data shows market stabilization underway
Also posted in Austin Living, Austin Real Estate, Uncategorized Tagged austin homes for sale, austin market statistics, Austin Real Estate, Fine Austin Living, pending home sales rise Comments closed
Help for Austin real estate foreclosure investor-buyers just around the corner
Effective February 1, 2010 the Department of Housing and Urban Development (HUD) will relax FHA rules that prohibit insuring mortgages on homes that are owned by the seller for less than 90 days — a move that could help expedite the rehabilitation and resale of foreclosure properties.
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New IRS form released for claiming home buyer tax credits
There’s some good news for those who purchased homes after Nov. 6 2009, taking advantage of the extended first-time homebuyer tax credit or the new “move up” tax credit: You can now file for the credit. The IRS has released its new Form 5405, which is what is used to claim the credit. It took … Continue reading New IRS form released for claiming home buyer tax credits
Also posted in Austin Intelligencia, Austin Living, Austin Real Estate Tagged 6500 tax credit, 8000 tax credit, Buy a home in Austin, Fine Austin Living, home buyer tawx credit, IRS form 5405 Comments closed
