Sunday, March 22, 2009

$8K First Time Home Buyer Tax Credit

In case you haven't heard me talk about this before (almost impossible) there is a first time home buyer's tax credit of up to $8,000 that does NOT have to be paid back with a few restrictions. The home must be purchased by December 1, 2009. As long as you have not owned a home within the last three years you qualify as a first time home buyer. This is a credit that can be taken when you file your 2008 tax return to go toward what you may owe...and get what's left back to you! Your CPA can help with all of this.

So with the historically low interest rates, this tax credit, and home prices being what they are, would be home buyers are beginning to jump off the proverbial fence and starting their home search. With all of this renewed activity, we shall see how the market continues to percolate.

For more information on this topic and more or a free San Antonio home search go to my website www.HollyGHomes.com or email me at hollyg@kw.com.

Thursday, March 19, 2009

Building Green Homes In San Antonio

It's all about reducing our carbon footprint while we are here...right? Imagine Homes is one of the few track builders to win awards in this arena. Their hard work starts with contributing as little as possible to the landfills, flows into their spray foam insulation, shows in the choices of sustainable products and low VOC materials...right down to the energy efficient appliances and water saving dual flush toilets.

Woodside Homes is also getting into the action by building 3 homes to test and measure the benefits of energy efficient building materials over a 15 month period. One home is going to be the ultra efficient home to include solar panels, spray foam insulation and energy efficient appliances and materials(30K over the price of todays normal home). The second home will not have solar panels but will include all other energy efficicient building materials(only 20K over normal). The third home is the control home and is built to normal standards. It should be very interesting to see the reports after this 15 month study.

Don't forget that you can always retrofit your current home to be a bit or a lot greener.

For more information or a free San Antonio home search go to my site at www.HollyGHomes.com or email me at hollyg@kw.com.

Wednesday, March 18, 2009

Lower Interest Rates for Home Mortgages...Again!

Exciting news about the interest rates...hot off the presses.

Rates have dropped almost .75%. So with good credit and so on....qualifying buyers can get a Conventional rate around 4.375 or a VA/FHA around 4.5%!!!!!!! Can I say WOW?!?

We have a great Real Estate Market here in San Antonio but this should really shove it over the top... not to mention help stimulate the economy for the rest of the nation.

For more information on this or a free San Antonio home search visit my website www.HollyGHomes.com or email me at hollyg@kw.com.