• Home improvement spending will increase this year. The forecast calls for an almost 5% growth as compared to last year. This would be the first annual spending increase since 2006 for this industry. • Clean your garage floor with "Drive Up" or "Safe Solutions" before listing your home. • A new pink toilet costs $975. My client opted for the white $350 toilet. • Unemployment in Conroe, Tx. was 6.4% at the end of April 2010. Unemployment is up 1.2% as compared to April 2009. • Unemployment in Houston, Tx. MSA was 8.4% at the end of April 2010. Unemployment is up 1.7% as compared to April 2009. • Unemployment in Dallas, Tx. MSA was 8.2% at the end of April 2010. Unemployment is up 1.2% as compared to April 2009. • Three of the four US census regions registered positive gains in housing prices in April. Only the NorthEast Region was down. • The Texas Gulf Coast is hoping for increased tourism this year because of the oil spill, Mexican violence and also violence in Jamica. • On May 21st the Texas Department of Housing and Community Affairs (TDHCA) released the first $50 million of $500 million in mortgage revenue bond authority. This program is for TDHCA's Texas First Time Homebuyer program. You can get further information at http://www.tdhca.state.tx.us/ • Texas Veteran land Board interest rate for Land Loans is currently 7.25% That is it for today. Have a great day and please learn something. Ron
Things I learned today while browsing through some websites I frequent to stay, hopefully, knowledgeable about the housing market and other various nonessential things.
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