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08/24/2009

How does the media claims that the market is bad. When people are still buying. Check this investment property in Austin Texas.

1201 Tinnin Ford Rd # 43 for 48,000 that's 44 a sqft everything else is selling for 150 a sqft. need work but is a steal. I called the agent and he told me that he has 8 offers on the table that is higher then the asking price.

What you think is this a great deal or what.

We run into deal like this all the time. We just don't like the bidding war. So we get then before they are REO.

Check www.texascre.com to see someone our projects.


  48
Comments 0 Hits: 354  

06/19/2009

Good News to Texas. 

WASHINGTON (Forbes) – Several Texas cities are poised for a quick recovery from the national recession, according to Forbes.

Austin–Round Rock ranked first on the magazine’s recent list of ten cities most likely to bounce back quickly.

Meanwhile, San Antonio ranked fifth, Dallas–Fort Worth–Arlington seventh and McAllen-Edinburg-Mission ninth.

To compile its list, Forbes looked at estimates from Moody's Economy.com of the projected gross domestic product of metropolitan areas across the United States, as well as unemployment figures from the Bureau of Labor Statistics and home prices, incomes and affordability data from the National Association of Home Builders.

Forbes also put together a list of ten worst cities for recession recovery. Texas was not on this list, isn't that great.


  Several Texas cities are poised for
Comments 0 Hits: 519  

06/17/2009

This is great information for Texas. Read the information I grab from RECON.
AUSTIN (Austin Business Journal) – Governor Perry signed legislation yesterday that will protect Texas landowners from eminent domain.

If approved by voters in November, House Joint Resolution 14 will establish greater protections for property owners by including landowner rights in the Texas Constitution.

"Land ownership is an essential part of Texas' culture, and we owe it to our citizens to protect their rights as landowners and members of the community from government entities that overstep their bounds and abuse eminent domain," Perry said.

The resolution will require two-thirds of all house members to approve any request granting eminent domain authority to a party.

The bill will also prevent government entities from labeling a neighborhood as “blighted” without taking into account each individual property.


  real estate legislation texas lando
Comments 0 Hits: 325  

04/29/2009

Hi everyone,

What do you all think about this crazy market and now the flu. Things can't get any better.

Now people in Central Texas are talking about moving back north since Mexico is next door to Texas and now there is one death in Texas.

People are looking to get out and don't know what to do. Prices are dropping in the real estate realm.

A commercial property that is appraise at 900k. I have it under contract for 200k. Can't get better then that.

Please give your inputs in how is it going in your local city or state.


  Business | Financial | Real Estate | local | Economy
Comments 0 Hits: 325  


 
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