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Though the housing market is no longer experiencing
the frenzy of a year ago, buyers are showing their interest in purchasing a
home. According to U.S. News: “Housing markets have cooled slightly, but demand
hasn’t disappeared, and in many places remains strong largely…
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Buying and selling a home can have a
significant impact on your tax situation, including what and how much you can
deduct on your income taxes. Here’s a look at a few common expenses that the
IRS allows you to deduct when you own your home. Full article…
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If you’re trying to decide
whether to rent or buy a home, there are a few things you should consider.
Homeownership can help you escape the cycle of rising rents, builds your
wealth, and serves as a hedge against inflation. If you’re ready to take
advantage of the…
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One of the benefits of being a homeowner is that you
build equity over time. By selling your house, that equity can be used toward
purchasing your next home. But before you can put it to use, you should
understand exactly what equity is and how it grows. Full…
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While reports of technology layoffs have become much more common in recent
months, the Austin area has been spared from serious job market carnage.
"We're not seeing a lot of pain yet in Austin," said Thom Singer, CEO
of the Austin Technology Council, a nonprofit advocacy…
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Though there are more homes for sale now than there
were at this time last year, there’s still an undersupply with fewer houses
available than in more normal, pre-pandemic years. The current housing shortage
has an impact on how you search for a home this…
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Texas factory activity
declined in February for the first time since May 2020, according to business
executives responding to a new Federal Reserve Bank of Dallas report. Austin,
however, could be an exception to the slowdown in factory production. Central
Texas is…
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The upfront costs of homebuying can be significant, but your tax refund from the IRS can be a useful supplement to your homebuying budget. Whether you are expecting a refund in the hundreds or thousands of dollars, there are several ways you can use those funds to bring…
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2022 saw higher home prices and higher mortgage rates that
sidelined many buyers. So what’s in store for spring 2023? Here are more
predictions from pros. Experts weigh in on the changes March and beyond will
bring to the housing market. Full article…
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With U.S. home prices dropping and mortgage rates projected
to dip sometime in 2024, homebuyers might be wondering if they should wait
until next year to land a more affordable deal. But with the economic outlook
particularly murky right now, buyers shouldn’t be overly…
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They say everything is bigger in Texas. Apparently, that includes the bank
accounts of some of Austin’s richest residents. Austin is the fastest-growing
city for millionaires, according to the 2023 Wealth Report by Henley &
Partners. Between 2012 and 2022, the number…
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Mortgage rates
continued to climb with the 30-year loan averaging 6.73% (as of 3-8-23),
Freddie Mac reports. Rates began climbing more than a month ago and are now
prompting concerns that they could again head back above 7%. Still, economists
are largely forecasting rates…
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