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Austin, TX 78752

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Austin Real Estate

Information and listings for Austin Real Estate

Tax Credit for First Time Home Buyers Extended

It's official. Congress has extended the deadline to qualify for new home purchases to September 30th.

I think I just felt a breeze from the collective sigh of relief of 180,000 people. That's the amount of home buyers saved from being left out in the cold.

The closing date for new home loans was initially set for June 30th (yesterday). The new bill only allows people who already have signed contracts to finish at the extended date.

Home Price Index increases 0.8% in April; Dallas leads way

By: Ben Kercheval

According to a USA Today article, the The Standard & Poor's/Case-Shiller 20-city home price index rose by a national average of 0.8% over the month of April. Unless you've been living under a rock, you can guess that President Obama's $8000 tax credit for first time home buyers had something to do with that increase.

Austin ranks atop Kiplinger's '10 best' for next decade

If you haven't already seen, for the second year in a row, Austin, Texas has made the list of 10 best cities for Kiplinger's magazine. In 2009, Austin was listed at #8, and this year, it was listed at #1 for cities for the next decade. Last year, the criteria was based on unemployment rates, business growth, and culture among other things. This year it was narrowed down to three components--smart people, great ideas, and collaboration.

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