Robert Lerner-Allen,Frisco,McKinney,Plano homes

Website: www.RobertLerner.com

Phone: 972-979-0662

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$8,000 Tax Credit for First-time Homebuyers

03-20-09

$8,000 Tax Credit for First-time Homebuyers.
Great Time to Buy a Home in Allen, Frisco, McKinney, Plano and North Texas.

The "American Recovery and Reinvestment Act of 2009" provides up to an $8,000 federal tax credit for first-time homebuyers.

One of the interesting things about the Act is that a first-time homebuyer may be someone who has not owned a principal residence in the last three years. For example, someone who sold their principal residence in 2005 and has been renting since then, may qualify as a first-time homebuyer under the Act.

According to the Act, the purchase needs to take place between January 1, 2009 and before December 1, 2009.

The National Association of Home Builders has a great website that explains the Act in detail. Please visit, http://federalhousingtaxcredit.com/2009/home2.html

In addition, your tax adviser would be a great resource to explain the Act.

Now is a great opportunity for first-time homebuyers in North Texas

The top three reasons to buy a home in Allen, Frisco, McKinney, Plano or elsewhere in North Texas:

-Historically low interest rates

-$8,000 tax credit for those who qualify

-Good selection of affordable homes for sale in Allen, Frisco, McKinney, Plano and other North Texas cities.

To view all of my other Blog posts about Allen, Frisco, McKinney and Plano, please click www.AllAboutNorthTexas.com

Also, be sure to visit my Website www.RobertLerner.com for more information about North Texas.

To search the MLS inventory of Allen homes for sale, Frisco homes for sale, McKinney homes for sale and Plano homes for sale, please click Search MLS

If you have any questions about Allen, Frisco, McKinney or Plano homes and real estate, then please contact me.

I look forward to hearing from you.

Thanks,

Robert Lerner, CRS

RE/MAX Hall of Fame

Full-time Realtor since 1993

RE/MAX Premier Properties I

Website: www.RobertLerner.com

Phone: 972-979-0662

Absorption Rates for Allen, Frisco, McKinney and Plano

03-11-09

The Absorption Rate is a good indicator regarding the state of local real estate markets.

For purposes of this blog post, the definition of Absorption Rate is as follows:

The current number of active MLS listings (single family homes) for sale as of March 11, 2009 divided by the number of single family homes sold in the month of February 2009.* The resulting number indicates how long it would take to sell the active MLS listings based on the current sales rate.

The absorption rates for Allen, Frisco, McKinney and Plano are as follows:

7.9 months of inventory for Allen

7.6 months of inventory for Frisco

8.8 months of inventory for McKinney

5.7 months of inventory for Plano

The actual calculations (for all of you number crunchers) are as follows:

479 Allen homes for sale in the MLS computer on March 11, 2009 divided by 60 Allen homes sold in February = 7.9 months of inventory.

1,035 Frisco homes for sale in the MLS computer on March 11, 2009 divided by 136 Frisco homes sold in February = 7.6 months of inventory.

1,010 McKinney homes for sale in the MLS computer on March 11, 2009 divided by 114 McKinney homes sold in February = 8.8 months of inventory.

861 Plano homes for sale homes in the MLS computer on March 11, 2009 divided by 150 Plano homes sold in February = 5.7 months of inventory.

Overall, the North Texas real estate market is in better condition than most other real estate markets. There are many cities in other states that have Absorption Rates of between 12 months to 30 months of inventory.

To view all of my other Blog posts about Allen, Frisco, McKinney and Plano, please click www.AllAboutNorthTexas.com

Also, be sure to visit my Website www.RobertLerner.com for more information about North Texas.

To search the MLS inventory of Allen homes for sale, Frisco homes for sale, McKinney homes for sale and Plano homes for sale, please click Search MLS

If you have any questions about Allen, Frisco, McKinney or Plano homes and real estate, then please contact me.

I look forward to hearing from you.

Thanks,

Robert Lerner, CRS

RE/MAX Hall of Fame

Full-time Realtor since 1993

RE/MAX Premier Properties I

Website: www.RobertLerner.com

Phone: 972-979-0662

*To further clarify, active listings are single family homes that do not yet have a written contract to purchase from a buyer.

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Fun Things To Do In North Texas

03-06-09

Fun Things To Do In North Texas

If you live in Allen, Frisco, McKinney, Plano or elsewhere in North Texas and are looking for some fun things to do, then click Fun Stuff.

To view all of my other Blog posts about Allen, Frisco, McKinney and Plano, please click www.AllAboutNorthTexas.com

Also, be sure to visit my Website www.RobertLerner.com for more information about North Texas.

To search the MLS inventory of Allen homes for sale, Frisco homes for sale, McKinney homes for sale and Plano homes for sale, please click Search MLS

If you have any questions about Allen, Frisco, McKinney or Plano homes and real estate, then please contact me.

I look forward to hearing from you.

Thanks,

Robert Lerner, CRS

RE/MAX Hall of Fame

Full-time Realtor since 1993

RE/MAX Premier Properties I

Website: www.RobertLerner.com

Phone: 972-979-0662

News About Allen, Frisco, McKinney and Plano

02-20-09

Would you like to keep up-to-date with the latest news, announcements and sports information about Allen, Frisco, McKinney and Plano?

The local print newspapers for Allen, Frisco, McKinney and Plano all have free online editions. The online editions of the newspapers do a good job of covering the local news, announcements and sports information.

The links to those online editions are as follows:

To view all of my other Blog posts about Allen, Frisco, McKinney and Plano, please click www.AllAboutNorthTexas.com

Also, be sure to visit my Website www.RobertLerner.com for more information about North Texas.

To search the MLS inventory of Allen homes for sale, Frisco homes for sale, McKinney homes for sale and Plano homes for sale, please click Search MLS

If you have any questions about Allen, Frisco, McKinney or Plano homes and real estate, then please contact me.

I look forward to hearing from you.

Thanks,

Robert Lerner, CRS
RE/MAX Hall of Fame
Full-time Realtor since 1993
RE/MAX Premier Properties I

Website: www.RobertLerner.com

Phone: 972-979-0662

Allen homes, Allen real estate, Frisco homes, Frisco real estate, McKinney homes, McKinney real estate, Plano homes, Plano real estate