Julie Johnson

Better Homes & Gardens Real Estate | David Winans & Associates

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Entries Tagged as 'Economy'

Tax Credit Boom

March 19th, 2010 · No Comments · Economy

My mother-in-law decided to sell her home in Benbrook, just south of Fort Worth, to be closer to her grandkids. While I was putting the for sale sign in the yard, a couple drove by and asked to see the home. They looked at the home and loved it. That night their Realtor called me [...]

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Tags:buying a home·find a home·Fort Worth·Frisco·home·home buying·housing market·Real Estate·Tax credit

2% Decrease In Foreclosures in February 2010

March 19th, 2010 · No Comments · Economy, Market Updates

Good economic news in February points to a slow down in home foreclosures. RealtyTrac is reporting a 2% decrease from January 2010 in it’s February Foreclosure Market Report. Although it is still 6% above filings from February 2009, it is still the smallest annual increase they’ve seen since January 2009. This is certainly a good [...]

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Tags:buying a home·foreclosures·homes for sale·Real Estate

New Home Buyers Downsizing and Going Green in Recession

February 2nd, 2010 · No Comments · Economy, Taxes

For the first time since 1982, the square footage of completed new homes fell from an average 2,520 square feet to 2,480 square feet in 2009, according to the National Association of Home Builders. Smaller homes have been a trend for many years (fewer bedrooms and bathrooms) but the recession has accelerated that trend. And [...]

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Tags:downsizing·Economy·first time homebuyers·first time homebuyers tax credit·going green·recession·smaller home sizes·Tax credit

Expanded Tax Credit for First Time Home Buyers

January 8th, 2010 · 1 Comment · Economy, Taxes

Great news for those who missed out on the new home buyers tax credit! Home buyers can take advantage of the extended new home buyers tax credit, up to $8,000 (or 10% of the purchase price), until April 30, 2010 . Additionally, existing homeowners can also take advantage of a new tax credit up to [...]

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Tags:buying a home·existing homeowners·first time home.expanded tax credit·home buying·homes·Real Estate·Tax credit

Mortgage Rates Hit Record Low

March 22nd, 2009 · No Comments · Economy, Taxes

One day after the Federal Reserve announced it would be doubling the amount of mortgage debt it would be buying, mortgage rates fell to a record low at well under 5%. This is the lowest that mortgage rates have been in more than 40 years and this is the perfect time to fulfill the American [...]

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Tags:Interest rates·Tax credit

North Texas Housing Market Fairing Better Than Most

February 27th, 2009 · No Comments · Economy, Market Updates, Real Estate, Texas

The S & P has surveyed 20 large metropolitan areas regarding housing values. According to that survey, nationally, home values have plummeted well over 18 percent. In the 20 metropolitan areas that were surveyed, all are reporting decreases and 8 of the top 20 are reporting that values have declined more than 20 percent! North [...]

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Tags:North Texas·Texas Economy·Texas Real Estate

Texas is tops in U.S exports

February 22nd, 2009 · No Comments · Economy, Texas

The U.S. Department of Agriculture has just announced that for the 7th straight year, the state of Texas leads the nation in exports. All that exporting means jobs for Texans! The exports coming from the Lone Star State, which include chemicals, electronics, oil and transportation equipment, totaled more than $192 billion which represents a 14% [...]

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Tags:Economy·Texas

Time to Buy – Existing home sales begin recovery

February 21st, 2009 · No Comments · Economy, Real Estate

This may be the best time in decades to buy a home. With record low interest rates and very low home prices, housing may just lead the way to our economic recovery. And, it may have already stared. According to Business Week, in December there was an increase in sales of existing homes. The inventory [...]

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Stimulus package offers real $8,000 tax credit

February 17th, 2009 · No Comments · Economy, Market Updates, Real Estate, Tips

The new stimulus package, set to be signed in Denver today by President Barack Obama, will contain some help for first time home buyers. The previous tax credit, which had to be repaid over 5 years, has been replaced by a real $8,000 tax credit that does not have to be repaid. Homeowners who purchase [...]

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Tags:first time home buyers·Free Money·Tax credit

Realtors look forward to stimulus

February 15th, 2009 · No Comments · Economy, Market Updates, Real Estate, Texas

Recovery in the housing market is key to overall economic recovery and no one knows that better than the National Association of Realtors (NAR). They are looking forward to the implementation of the Presidents stimulus package citing a number of reasons why they back this plan. According to NAR President Charles McMillan, who is also [...]

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Tags:Dallas Real Estate·economic recovery·housing market·real estate market·realtor·stimulus package