DFW’s Economic Forecast was presented at Highland Park Village Theatre
Dallas is a hot city for young professionals and big company relos … We have been learning more and thought we should share a few resources for the real facts and opinions about why our city is so attractive:
TIME Magazine published an issue with the cover title The United States of Texas with this article about the “10 Reasons”. To confirm these reasons and many more, Mike Rosa, Senior VP of Economic Development at Dallas Regional Chamber, presented amazing economic, geographic, and logistic facts at Briggs Freeman Sotheby’s Intl’ Realty’s weekly meeting. Did you know that DFW has almost as many tech jobs as Houston and Austin COMBINED? And the DFW area produces over 30% of the state’s economy, yet we are ~25% of the population?
If you are looking for verification or more reasons, the Chamber’s website is a great resource for DFW facts: Cost of Living, Taxes, Economic Indicators, Schools, Salaries, Transportation, and more. Check it out … www.dallaschamber.org
Helping home buyers easily understand the home buyer tax credit is the goal of Better Homes and Gardens Rand Realty with the launch of its new home buyer tax credit website, the company has announced. The website (www.homebuyertaxcredit.com) provides buyers with extensive information and analysis of the tax credit, as well as an eligibility test to help buyers determine if they qualify. RISMEDIA, January 14, 2010
Great news – the first time buyer credit has been extended plus the income limits were raised. See the attached article – this will help to keep the housing market moving.
First-time home buyer tax credit extension approved.
I’ve helped several first time home buyers buy their first homes and use the $8k tax credit. There still is time – give me a call.
Click here to read an article that describes the tax credit. From RISmedia.com.
Now is the time to buy for first-time homebuyers
In the 80’s when I purchased my first home I was so excited because the interest rates were 13% – I mean they were down from 16%. Today, we have a combined buying opportunity of low interest rates and lower home prices in the Dallas area than we have seen in a few years. The area of town and condition of the house also affects how much the prices have come down. The bottom line is that it is a buying opportunity right now. First time buyers are really in a great place to make their first purchase with the tax incentive of $8000 if they make $75k or less. I think it is $150k for couples…call me for details 214-536-4727. And, CHECK OUT THIS ARTICLE about this topic on one of my favorite real estate news websites: “So, tell your clients the truth: Interest rates will never be this low again in their lifetimes. Home prices won’t be this low again in their lifetimes. This is the perfect storm economically, but it also the perfect time to buy a home; provided that you buy it as a home and not a piggy bank.”