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Changes to Homebuyer Tax Credits and Title Insurance Mineral Coverage

The tax credit for first-time homebuyers has been expanded and extended by the Worker, Homeownership and Business Assistance Act of 2009 (the “Act”). The tax credit was to apply only to sales to first-time homebuyers that closed on or before November 30, 2009. Now it applies to sales to first-time …

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October 2009 Market Report: Austin area home sales volume surges in October

Austin Board of REALTORS® releases October 2009 real estate statistics According to the Multiple Listing Service report by the Austin Board of REALTORS®, the volume of home sales in the Austin-area real estate market surged in October 2009, potentially related to the tax credit for first-time homebuyers. In October 2009, …

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September 2009 Market Report: Austin-area real estate market shows improvement over last year

Austin Board of REALTORS® releases September 2009 real estate statistics According to the September 2009 Multiple Listing Service report by the Austin Board of REALTORS®, activity in the Austin-area real estate market has shown signs of improvement from September 2008. In September 2009, 1,780 homes were sold, a six percent …

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August 2009 Market Report: Austin-area real estate market slows from summer buying months

Austin Board of REALTORS® releases August 2009 real estate statistics According to the August 2009 Multiple Listing Service report by the Austin Board of REALTORS®, the Austin-area real estate market has slowed slightly during the first month of fall. In August 2009, 1,793 homes were sold, a 10 percent decrease …

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