CNN: Austin Leads Economic Recovery

Just saw this video on CNN about how Austin is leading the economy recovery.  Check it out:  CNN Video – Austin Leads Economic Recovery

FHA Loan Limits

FHA loan limits vary by county.  You may search FHA loan limits database found on HUD’s website:  https://entp.hud.gov/idapp/html/hicostlook.cfm.  We highly recommend you use a knowledgeable loan officer who will discuss your loan options and if FHA is one of those choices, makes you aware of the county loan limits before you submit an offer on a particular home.

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Austin Investment Property

What if you could be alerted any time a property hit the market at a price per square foot signficantly under norm for the size and neighborhood the home is located in?  We have created just such an alert for various areas of Austin in order to better serve our investor clients and even those looking to find a great deal on their next home.  If you would like to be added to our alert list either for all of Austin or specific neighborhoods, please email jill@mysolis.com.  Foreclosure and short-sale (pre-foreclosure) alerts are also available, although we feel the price per square foot alerts are a more reliable indication that the home may be a good buy.  Admittedly, what makes a property a smart investment amounts to much more than price per square foot, but you have to start somewhere.

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Austin Ranks 5th in Best Places to Retire

Austin continues to get noticed!  This time on  topretirements.com  who compiles a list annually of the 100 best places to retire. The 2010 results are in, and Austin has moved from the #9 to the #5 spot!  A complete list as well as an in depth look at why each town achieved the rank it did can be found at: www.topretirements.com/Home.html

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Domain Phase II Opens Friday

So what will phase II of the Domain include?  According to Simon Property Group:
* Dick’s Sporting Goods
* Gold Class Cinema
* Dillard’s
* American Eagle Outfitters
* Aeropostale
* Bath & Body Works
* Buckle
* Bui-yah-kah
* Charming Charlie
* Coffee Bean & Tea Leaf
* Express
* Finish Line
* The Limited
* Maggiano’s
* Payless Shoes
* Shasa Collections
* Stride Rite
* Sushi Zushi
* VANS
* Yogurt Planet
* Zumiez

Plus a 340-room Westin with 14,000 sqft of meeting space will begin accepting reservations March 11th. Simon Property Group will celebrate the opening of phase II with a fashion show on March 26-27th and an Easter egg hunt on April 3rd.

Final phase of the Domain? Coming 2012 or 2013 and includes a Whole Foods and Nordstroms. For more, read the Austin Business Journal article, or visit the Domain website.

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