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 highest growth [...]
See the full article at Forbes. Looking for something truly unique? These homes are currently for sale.
By David Lynn, Ph.D.
Many market observers have pointed out similarities between the current downturn in commercial real estate and the downturn in the early 1990s. Both were preceded by an extended period of relaxed underwriting standards, excess capital chasing returns, significant cap rate compression, and steep increases in asset values. It is useful to compare [...]
Forbe’s released another list mentioning Austin, “U.S. Cities On The Rise”.
Among the places in America that have welcomed the most newcomers in 2008, three are home to major colleges and universities: Raleigh, N.C., Provo, Utah, (home to Brigham Young University, one of the country’s largest private colleges), and Austin, Texas, home to the University of [...]
By Alan Zibel and Alex Veiga
ASSOCIATED PRESS
Saturday, October 24, 2009
WASHINGTON — Racing to complete their purchases before a tax credit for first-time owners expires, homebuyers pushed sales up last month by the largest amount in more than 26 years.
After jumping 9.4 percent in September, home resales are up nearly 24 percent from [...]
Austin took the #2 spot in this national top-40 list for its economic strength. Interestingly, 8 of the remaining top 10 on this list are in driving distance of Austin. It’s no accident that these areas continually make these top-10 lists from various sources, the Texas area has economic strength and stability! It’s what draws [...]
By Stephen Ohlemacher,
Associated Press Writer
WASHINGTON — Senators agreed Wednesday to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some repeat buyers.
The tax credit provides up to $8,000 to first-time home buyers but is set to expire at the end of November. The Commerce Department said Wednesday that [...]
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 Statistics of that [...]
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 were many [...]
From the Houston Business Journal…
Four Texas markets will be among the first in the nation to recover from the recession, says a nationwide forecast by IHS Global Insight.
Austin and San Antonio will lead the way, bouncing back to their pre-recession job levels sometime next year, according to the Lexington, Mass.-based economic forecasting firm, while Houston [...]
