Now is a Great Time to Buy a House

Now that the holidays are over you may be ready to get into a “new” home, and the timing couldn’t be better. By now many homes have been on the market longer than normal and sellers are ready to sell. And if you haven’t heard yet, the Fed really wants you to buy a new house. They have dropped interest rates to 3.5 percent. This is their first unscheduled rate cut in almost 6 years and their largest in 25 years. Many people have already started looking.  So now is the time to make that move and find a great deal.

Changes to the McMansion Ordinance Rejected

The Organization of Central East Austin Neighborhoods (OCEAN) tried to further restrict property rights for East-Austiners by removing the current 2,300-square-foot allowance for lots that are smaller than 5750 square feet.  This would have affected roughly 38% of the homes in that area.  Full Story

Wal-Mart vs. Lincoln, In Short

Here is a quick quote that sums up the issue of Lincoln Property building a Wal-Mart in the Northcross Mall property. I’ll be honest, I have tried to avoid this issue as much as possible. But I need to stay informed for my clients’ sake so I always scan over any articles about it. Anyway, I thought this quote was great as far as summarizing the whole problem. Regardless of what side of the fence you are on, this just goes to show the whole thing needs to be put behind us. Read the quote