September 2009

Found 4 blog entries for September 2009.

By now, everyone looking at Austin real estate is well-aware of the first time homebuyer's tax credit incentive. Through the program, first time homebuyers can enjoy a tax credit of up to $8,000 when purchasing a home, with the total amount of the credit being equivalent to 10% of purchase price of up to $80,000. While this tax credit has certainly helped inspire many to purchase new homes and has also given the real estate market a bit of a boost, the unfortunate reality is that homebuyers are running out of time to take advantage of the credit.

According to a survey conducted by, 10.8% if homebuyers have cited the tax credit as the most important reason for buying right now. In addition, approximately 1.4 million people have already filed

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The recent stimulus package included a great deal of funding that is to be used toward the development and implementation of renewable energy initiatives. For Texas residents, however, this new push toward the use of renewable energy is nothing new. In fact, according to the American Wind Energy Association, the state ranks number one in terms of new wind power generation capacity.

Thanks to the fact that the state added 454 additional megawatts of wind energy to its generating capacity in the second quarter of 2009, the state is now able to generate more than 8,000 megawatts of energy. According to the American Wind Energy Association just 1,210 megawatts of new wind power has been added nationwide, but even this amount is able to power 350,000 homes.

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A new analysis recently conducted by the Capital Area Council of Governments has determined that the Austin real estate region will likely begin to see signs of economic improvement later this year.

The analysis, which involved taking a closer look at IHS Global Insight data, determined that the Austin - Round Rock region's gross metropolitan product - which is the value of all of the goods and services produced in the area - should be back in the positive range by the time the fourth quarter rolls around.

According to the data, the GMP growth rate in Austin was at 5.1% when the recession officially started during the fourth quarter in 2007. This number steadily declined for every quarter afterward, until it finally fell into the negative range during…
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Located in the sought after River Place golf course community, this home features panoramic views from the front and back, a spacious backyard with enough room for a pool, and a terrific location near the golf course and country club.  The home has recently been updated and includes a gourmet kitchen with stainless appliances and granite counters.  The master bath has also been updated with travertine and granite counters, and the home has wood floors throughout the main living areas.  It is priced to sell at only $489,000!

Call Crystal Guthrie at 512-422-3452 for a private tour of this home.
River Place
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Call Crystal Guthrie at 512-422-3452 for a private tour of this home.
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