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DALLAS ( Dallas Business Journal ) – Texas has the 12th-lowest home-care costs and other long-term care services in the country, according to Genworth’s 2010 Cost of Care Survey. The median annual rate for home care costs statewide is $41,070, Read More...
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FORT WORTH ( Fort Worth Star-Telegram ) – For the second year in a row, Texas cities took half of the top ten spots in Newgeography.com's annual ranking of the best cities in the nation in which to find a job. Austin–Round Rock–San Read More...
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DALLAS ( Dallas Morning News ) – Sixty percent of Dallas County homeowners will see a decrease in their home values this year, according to the Dallas Central Appraisal District. Last year, that number was 55 percent. Values will increase for 20 Read More...
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WASHINGTON (U.S. Census Bureau) – Parts of Texas have some of the lowest rates of mail participation so far in the 2010 Census, according to a report released today by the U.S. Census Bureau. Nationally, 46 percent of households have mailed back Read More...
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TEXAS (Real Estate Center, Reuters, CNNMoney.com) – A total of 13,064 existing single-family homes were sold in Texas last month, a 2 percent drop from February 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University. Read More...
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CARROLLTON (ALNsystems.com) – The number of apartments rented statewide dropped 2.4 percent between December 2008 and December 2009, according to the latest figures from ALN. Meanwhile, rents fell by an average of 2.5 percent. Here's how select Read More...
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CEDAR PARK ( Austin Business Journal ) – Schlitterbahn Waterparks plans to build a $360 million resort development and convention center in this city north of Austin. The city will provide $6 million for the 95-acre project’s infrastructure Read More...
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WASHINGTON ( Bloomberg News , Associated Press ) – The Senate and the House have approved extending the first-time homebuyer tax credit, settling on an April 30 close date and expanding it to benefit more homebuyers. The plan, which had not been Read More...
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WASHINGTON (U.S. Department of Housing and Urban Development) – The Obama Administration yesterday announced a new initiative for state and local housing finance agencies (HFAs). It will help support low mortgage rates and expand resources for low- Read More...
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HOUSTON (Houston Business Journal) – Texas foreclosures rose 17 percent between August and September, with 13,216 default notices, scheduled auctions and bank repossessions filed last month. Year over year, foreclosures were up 43.7 percent in September, Read More...
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DALLAS ( Dallas Morning News ) – Even with new home sales in North Texas continuing to slow, cutbacks in new home construction over the past couple of years could result in a new-home shortage come 2010. Builders have sold almost 13,000 more houses Read More...
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DALLAS ( Dallas Morning News ) – North Texas apartment occupancy fell in the third quarter, as did its average rent when compared with October 2008 figures, according to Carrollton-based MPF Research Inc. The apartment analyst firm reported a 4.1 Read More...
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COLLEGE STATION (Real Estate Center) – The latest Texas employment figures show a continuing downward trend. The Texas economy lost 295,400 nonfarm jobs from August 2008 to August 2009, an annual job loss of 2.8 percent. The U.S. economy took a Read More...
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Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.94 percent during the week ended Oct. 9, marking the first decrease in three weeks. The 15-year fixed rate slipped to 5.63 percent from 5.78 percent the previous week. Meanwhile, the five-year Read More...
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WASHINGTON (federalreserve.gov, CNN) – The Federal Reserve Board’s Federal Open Market Committee cut its short-term interest rate by a half of a percentage point today to 4.75 percent. According to the committee, the tightening of credit conditions Read More...
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