DALLAS (Dallas Business Journal) – The Texas Department of Housing and Community Affairs is offering $45 million to consumers through its first-time homebuyer program.
“Despite all the negatives we hear from other states, the fact is that the Texas economy — and the demand for homeownership — both remain quite healthy,” said Michael Gerber, executive director of the state agency. “Many families want and are ready to take that exciting step toward homeownership, and TDHCA wants to help them achieve their dreams through safe, reliable lending products offered through the state, coupled with responsible homebuyer education."
The Texas Mortgage Credit Program will help reduce borrowers' tax liability by offering a credit in exchange for taking a certified homebuyer education class. Homebuyers could save up to $2,000 in annual taxes.
Tuesday, January 18, 2011
Thursday, August 26, 2010
Saturday, July 17, 2010
EVERYTHING BIGGER IN TEXAS, INCLUDING BUSINESS
TEXAS (CNBC) – Texas has reclaimed the top spot from Virginia as CNBC’s number one state for business.
The news source's study measures states on 40 different metrics in ten key categories including cost of doing business, workforce, quality of life, economy, transportation and infrastructure, and technology and innovation.
According to government figures, the Texas economy is the 15th largest in the world in addition to being home to 64 Fortune 500 companies — more than any other state.
Although the state ranked high overall, it did fall short in the "cost of doing business" category, where it came in at number 30.
The news source's study measures states on 40 different metrics in ten key categories including cost of doing business, workforce, quality of life, economy, transportation and infrastructure, and technology and innovation.
According to government figures, the Texas economy is the 15th largest in the world in addition to being home to 64 Fortune 500 companies — more than any other state.
Although the state ranked high overall, it did fall short in the "cost of doing business" category, where it came in at number 30.
Friday, July 2, 2010
Try a tankless water heater for energy efficiency
Looking for another way to increase energy efficiency in your home? Tankless water heaters, also called instantaneous or demand water heaters, provide hot water only as it is needed. Traditional storage water heaters produce standby energy losses that cost you money. We do not leave our homes heated while vacationing. We only heat our homes when there is a demand for heat. In the same way, a tankless water heater is used only when there is a demand for hot water.
Tankless water heaters heat water directly without the use of a storage tank. Therefore, they avoid the standby heat losses associated with storage water heaters. When a hot water tap is turned on, cold water travels through a pipe into the unit. In an electric tankless water heater an electric element heats the water. In a gas-fired tankless water heater a gas burner heats the water. As a result, tankless water heaters deliver a constant supply of hot water. You don't need to wait for a storage tank to fill up with enough hot water.
For homes that use 41 gallons or less of hot water daily, tankless water heaters can be 24% - 34% more energy efficient than conventional storage tank water heaters. They can be 8% - 14% more energy efficient for homes that use a lot of hot water, around 86 gallons per day. You can achieve an even greater energy savings of 27% - 50% if you install a tankless water heater at each hot water outlet.
Tankless water heaters heat water directly without the use of a storage tank. Therefore, they avoid the standby heat losses associated with storage water heaters. When a hot water tap is turned on, cold water travels through a pipe into the unit. In an electric tankless water heater an electric element heats the water. In a gas-fired tankless water heater a gas burner heats the water. As a result, tankless water heaters deliver a constant supply of hot water. You don't need to wait for a storage tank to fill up with enough hot water.
For homes that use 41 gallons or less of hot water daily, tankless water heaters can be 24% - 34% more energy efficient than conventional storage tank water heaters. They can be 8% - 14% more energy efficient for homes that use a lot of hot water, around 86 gallons per day. You can achieve an even greater energy savings of 27% - 50% if you install a tankless water heater at each hot water outlet.
Sunday, June 27, 2010
Friday, June 25, 2010
BEST CITIES FOR YOUNG PROFESSIONALS
AUSTIN (Austin Business Journal) – Texas cities were prominent in a new listing done by Forbes.com on the best cities for young professionals.
Houston ranked first with Dallas ranking sixth and Austin not far behind, ranking tenth.
The list was determined by factoring in unemployment rate, average wage, affordability and public company presence. Only cities with populations greater than one million were included.
Houston ranked first with Dallas ranking sixth and Austin not far behind, ranking tenth.
The list was determined by factoring in unemployment rate, average wage, affordability and public company presence. Only cities with populations greater than one million were included.
TEXAS RANKS HIGH WITH FASTEST GROWING CITIES
TEXAS (USA Today) – According to Census population estimates, Texas is still highly regarded, having four of the ten fastest-growing cities in the country among cities with populations greater than 100,000.
From 2008 to 2009, 11 of the nation’s 25 fastest-growing cities with a population size greater than 100,000 people were in Texas.
Frisco was ranked number one while Austin, Dallas suburbs such as McKinney, Carrollton and Lewisville, and oil centers Odessa and Midland ranked high on the list.
From 2008 to 2009, 11 of the nation’s 25 fastest-growing cities with a population size greater than 100,000 people were in Texas.
Frisco was ranked number one while Austin, Dallas suburbs such as McKinney, Carrollton and Lewisville, and oil centers Odessa and Midland ranked high on the list.
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