Romeo Manzanilla's (suncitytx) Blog

People often ask me whether they should list their home for sale during the holiday season. Here are a few points to consider: There's no question that showing activity generally slows down between Thanksgiving and the first of the year. Part of this is due to the fact that many agents decide to ...

The House today and the Senate yesterday passed legislation to extend the $8,000 home buyer tax credit to May 1, 2010, for first-time buyers and add a $6,500 tax credit for repeat buyers if they've lived in their home for five of the past eight years. Home prices are capped at $800,000. The legis...

With the First-Time Home Buyer Tax Credit deadline quickly approaching, the Internal Revenue Service recently reminded potential home buyers they must complete their first-time home purchases before Dec. 1, 2009 to qualify for the special first-time home buyer credit. The American Recovery and Re...

Texas improved its position on Forbes' Best States for Business this year. The Lone Star State ranked 8th on this year's list, up from 9th in 2008. The magazine ranks all 50 states based on costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life...

•·         The rest of 2009 and the first half of 2010 will see continued lower than average sales volume and stagnant but generally stabilized prices. Foreclosures will continue to put downward pressure on prices of property in lower income areas. Owners in these areas may want to "get out now"....

Much like the successful Cash for Clunkers campaign that spurred automotive sales, the $8000 federal tax credit has pulled buyers off the fence and given them an incentive to purchase a home. This is good news not only for buyers, but for sellers. Typically after the summer months, you see a shar...

Entrepreneur magazine's August issue ranks Austin the tenth-best start-up city in America. The magazine's look at new business-friendly cities addresses issues such as government incentives, population growth, affordability of commercial rents, and openness to new ideas. Entrepreneur calls Austin...

More good news for the Austin area. Residential foreclosures for the Aug. 4 auction are at a five-month low in Central Texas, reflecting a trend in other parts of Texas, according to data from Foreclosure Listing Service Inc. "The tide may have changed," said George Roddy Sr., president of Forecl...

     After moving past Columbus, Ohio, to become the 15th-largest city in the nation, Austin continues to grow despite the economic downturn. Austin city demographer Ryan Robinson expects Travis County to add more than 30,000 people this year, including births. New residents keep the local econom...

There is still no shortage of press coverage on Austin these days. Recently, an article that caught my attention forecasted Austin as the 5th fastest growing metro area among 250 US cities. They are expecting the greater Austin area to grow 87% from 1.5 million residents to 2.7 million by the yea...