May 2009

There are 3 blog entries for May 2009.

If you are a first time home buyer, you are probably aware of the First Time Home Buyer Tax Credit. Essentially, you may qualify for a tax credit of up to $8,000 (10% of the home’s purchase price) if you are a first time home-buyer (or have not owned a principal residence in the last 3 years), you purchase the home between Jan 1, 2009 and December 1, 2009, and you meet certain income caps. You can learn more about the tax credit at: http://www.federalhousingtaxcredit.com. This month there is new news related to the tax credit: “Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a down payment.”…

We have just added new Quicksearch links for Northwest Travis County, Lake South. The newly added links are below, but you can also find each of these searches in the QuickSearch drop down in the top right corner of every page on our site. Let us know if you are interested in seeing any homes in these areas, or other Austin homes for sale. Call Great Austin Properties at 512.600.1800 for more information.

Forbes.com has ranked Austin #1 on their new “America’s Best Bargain Cities” list. Citing the country’s lowest unemployment (5.5%), salaries, cost of living, and the Housing Opportunity Index, Forbes.com states “Austin is the place where people pay the least to get the most.” We like the sound of that, and hope it gives you another good reason to buy Austin real estate. Great Austin Properties would love to make your next Austin home purchase even sweeter with our new Buyer Cash Back Program. Buy with us and we’ll give you 25% of our commission back when you close! Call us at 512.600.1800 and let us help you get a great deal! Read the entire Forbes article at America’s Best Bargain Cities.