A Texas state law that took effect on September 6 2011 has changed proof of residency requirements for homeowners applying for the property tax homestead exemption. The new law requires applicants to provide a copy...
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Pending Home Sales Slip in July but Up Strongly From One Year Ago
Washington, DC, August 29, 2011 Pending home sales declined in July but remain well above year-ago levels, according to the National Association of Realtors®. All regions show monthly declines except for the West,...
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HUD Launches Mapping Tool to Display Foreclosed Properties
HUD has launched a web-based mapping tool that displays the geographic location of all foreclosed properties owned by FHA, Fannie Mae, and Freddie Mac. The tool will be particularly important to communities...
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2010 Home Price Trends Turn Positive in DFW
Home prices increased in the DFW metropolitan market in 2010, even the prices of distressed homes. Recent Real Estate Center research found that homes sold by “typical” or “nondistressed” owners in 2010 were...
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TDHCA’s Mortgage Credit Program for First-Time Buyers
The Texas Department of Housing and Community Affairs created the Texas Mortgage Credit Program to help make homeownership more affordable for low- and moderate-income first-time buyers. Credits are available in ...
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Texas Senate Aproves Eminent Domain Bill
(AUSTIN) — The Senate passed eminent domain legislation aimed at protecting private property rights. SB 18, by Senator Craig Estes of Wichita Falls, would require a governmental entity intending to take private...
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It Pays to Support Responsible Homeownership
Helping others become homeowners protects your home’s value and builds stronger communities. Read...
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1.76 Million Mortgages Modified in 2010
Mortgage loan servicers negotiated 1.76 million permanent loan modifications for homeowners last year, but more than two-thirds of them were completed in-house and not as part of the federal government’s Home...
READ MORE »Most Home Buyers Have No Regrets
A study from Bankrate found that 90 percent of owners do not regret buying their home. The findings also revealed improved mortgage awareness, with only 8 percent of home owners in the dark about what type of loan...
READ MORE »5 Reasons Homeownership Trumps Renting
The seemingly endless run of bad housing news is discouraging some potential home buyers from considering a purchase. But the truth is that the advantages of home ownership have very little to do with ...
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