NEW YORK (CNNMoney.com) — Contracts for the sale of existing homes rose sharply in February, the National Association of Realtors’ (NAR) said Monday. In the single-biggest monthly rise since October 2001, pending home sales rose 8.2% in February. Economists were expecting a 1% decrease. It was also a 17% improvement over February last year. The [...]

From CNN Money NEW YORK (CNNMoney.com) — Americans, it seems, still have a love affair with the West. Texas and Wyoming were the big winners in the Census Bureau’s annual population estimates, which were released on Wednesday. In the year ended July 1, Texas added more people than any other state, and Wyoming had the [...]

By Peter Woodifield Nov. 30 (Bloomberg) — Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global survey. Twice as many people plan to raise their investment in commercial and residential property as intend to [...]

Bringing the Dream of Homeownership Within Reach As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Expands the credit to [...]

Diversified industry and relatively stable housing give residents in these metros a measure of economic security. Lone Star Luck In No. 2 city San Antonio, home to four military bases, and Austin, our third-ranked city and the state seat of government, municipal jobs supplement Texas’ robust energy sector. In Dallas (No. 6), it’s a thriving [...]

Austin Real Estate Report Austin-area real estate market shows improvement over last year Austin Board of REALTORS® releases September 2009 real estate statistics October 19, 2009 – According to the September 2009 Multiple Listing Service report by the Austin Board of REALTORS®, activity in the Austin-area real estate market has shown signs of improvement from [...]

This news was delivered instantly on www.AustinHome.pro. Follow Austin Home Pro on Facebook or Twitter to receive breaking news like this instantly.  Subscribe to the RSS feed to receive all Austin Home Pro Posts. Moments ago, the U.S. House of Representatives voted by an overwhelming 403-12 margin to approve the Unemployment Compensation Extension Act (H.R. [...]

September sales numbers & statistics are in for Austin housing and it’s official, our back-log of inventory is shaking out.  We now have fewer months of inventory (calculated based on how long it is predicted to take to sell all of the homes currently for sale in Austin) than we had in 2003 after the [...]

Austin Makes the Top of Yet Another Top 10 List! Central Texas Economy In Perspective by Beverly Kerr, Chamber Vice President of Research Last week we looked at the release of September data for nonfarm payroll jobs for Texas and its metros and this week we have the release by the U.S. Bureau of Labor [...]

Just Passed!  The Tax Credit Has Been Extended for First-Time Home Buyers! Others have been left out, click here to read more on the latest news. We’ve heard a lot of good news lately in Austin, but and news on expanding the home buyer tax credit that expires this November 30th is great news.  There [...]