November, 2009... First time buyers who did not live in their primary residence for the last 3 years may receive the $8,000 tax credit when buying a home $80,000 or more before April 30th and closing before July 1, 2010.In addition, Homeowners who lived 5 of the last 8 years in their home as a primary residence, may receive a tax credit of $6,500 if purchasing their new primary residence prior to April 30th and closing by July 1, 2010. Income limits for both programs are $125,000 for single and $225,000 for married.

December, 2009... Interest rates for Owner occupants are still at or near their 45 year lows. About 4.75% for a 30 year fixed loan and less than 4.5% for a 15 year fixed loan. With the market still in favor of the buyer, these low rates give buyers an advantage we may never see again, after the Uncle Sam begins to raise rates to attract foreign investors.

January, 2010... More evidence that the Austin area is economically weathering the recession storm can be found in a recent article in the Austin Business Journal entitled "Austin's GMP growth top in nation".This kind of contrarian indicator supports the appeal that Austin continues to have with companies and individuals making Austin their home. More jobs lead to higher demand for real estate, which will lead to a stronger general economy for the area.

I invite you to contact me through E-MAIL or just call me to explore how I may assist you.