Home » June 30th, 2010 Entries posted on “June, 2010”

Foreclosure and Bank Owned Homes Sold at an Average Discount of 27 %

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Austin housing market will be benefited by the latest tax-credit extension bill

For getting qualified to get benefited by the tax-break incentive, the stipulation was that the contract of home sales should have been signed by the seller and the buyer before 30th April 2010 and thereafter a grace period of two months was allowed till 30th June to close escrow and finalize the home sales. According [...]

Posted in Foreclosures,Housing | Read More »

Proposed rules to limit house sizes in South Austin – Voting postponed

When the City Council of Austin limited the size and shape of houses, which could be built in the central city in 2006, there was uproar from the residents, although the object was to curb the influx of large homes, which the residents felt damaged the character of their neighborhoods. Now in the changed circumstances  [...]

Posted in Housing | Read More »

You can avoid foreclosure of your Austin home – if you are careful

Texas is a State which is showing signs of economic recovery, although not that bright. In a situation like this, we are hearing foreclosure news every other day. Can the foreclosure of your home in Austin be avoided? Surely yes – if you are little bit careful and know there are positive ways of avoiding [...]

Posted in Foreclosures | Read More »

Future Hotel coming on former Marriott site of Austin

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It is good news among hard-pressed commercial foreclosure scenario, prevailing in the country that new ventures in the commercial property sector are emerging. Experts have already opined that Austin Real Estate market has been steady, while its counterparts are still struggling to come out of the woods. Here is news that big plans of a [...]

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After Tax Credits – How are Austin/Central Texas Housing Markets?

The federal government played its part in hastening housing market recovery, by announcing incentives for home buyers. After prolonged consultation with financial experts and those in the helm of affairs, the government stuffed incentives to encourage home purchases – first time home buyers to get $8,000 tax break and repeat buyers, already in possession of [...]

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Foreclosures in Austin down by 14 Percent compared to April

While reporting overall decrease in new foreclosure filings in the country, the latest foreclosure activity report released by Realtytrac. brings forth more good news to Austin housing market. For quite some months now, Austin has been on the side of encouraging news on the foreclosure front. This will surely enhance home buying activity from people, [...]

Posted in Foreclosures,Housing | Read More »

You can buy an Austin Home through Short Sale – if only you know how?

US housing markets have undergone a sea-change – thanks to the foreclosure crisis. Home buying was like a cake-walk during the boom years, what with liberalized home loan procedure; no question seriously asked about your repaying capacity; and the economy was sound to offer teaser repayment installments etc. Now in the present changed circumstances, experts [...]

Posted in Housing,Short Sales | Read More »

Austin Homes – are they affordable by every one?

As per the latest data available from Trulia.com, Austin Real Estate holds 10,407 homes available for sale. This includes all sorts of homes from a small single-family home to a luxurious bungalow with posh amenities. The prices advertised range – on a cursory glance of just 10 homes posted there latest, from $250,000 to $750,000. [...]

Posted in Foreclosures,Housing | Read More »

Eureka Short Sale Training at Gracy Title – June 10th

Will be holding short sale training at the Georgetown Office of Gracy Title between 9AM to 1PM on the 10th of June. Karla Jordan Top Producing Keller Williams agent will be giving the nuts and bolts how to effectively execute a Eureka Short sale with over 80% success ratio. Insights of short sales from banking [...]

Posted in Housing,Short Sales | Read More »