Tax Credit Deadline Approaching Quickly!

October 28th, 2009 by admin No comments »

Okay, we’ve written about the government’s $8000 tax credit on this site and some of our other blogs and you probably have heard about it online, on the TV, in the newspaper, and so on.  The deadline to close on a house to qualify for the credit is November 30th, 2009.  Any closings after that will not qualify for the credit.

You say to yourself, “Oh, Save On A New Home, I have more than a month left to buy a house!” 

 Even though the deadline is more than a month away, to qualify, you must actually close on the house by the deadline, not just pick out your dream home.  With interest rates at some of the lowest levels in history (as of today, average 30 year fixed rates are running well below 5%), banks are bombarded with refinancings and house closings and thus the closing process is taking at least 30 days. 

Many new home builders are telling clients that the true deadline is October 31st to find that perfect dream home AND qualify for the tax credit.

What’s that mean for you?  You need to take a look at our new homes database, find a house you like, contact us at 1-866-560-1079 and get a contract on a house before the end of the month!  Don’t wait – you only have a few days left.

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Posted in First Time Homebuyer Tax Credit

Pulte Leads in Customer Satisfaction for San Antonio Market

October 16th, 2009 by admin No comments »

A recent J.D. Power’s survey rated Pulte Homes as number one in the country for customer satisfaction.  The company polled over 26,000 customers in over 24 markets.  The 2009 study revealed that Pulte ranked number one in 11 of those markets, including San Antonio, Texas.

The survey addressed many facets of the homebuilding processing including workmanship, warranty, customer service, design features, builder plans, and community features to name a few.

This year, J.D. Power’s revealed that workmanship and materials seemed to rank as a more influencial factor this year as compared with previous years.

Besides San Antonio, Pulte also ranked number one in several California cities, Atlanta, Chicago, Orlando, Philadelphia, Tampa, Tucson, and Washington D.C.

Hopefully Pulte’s recent acquisition of Centex Homes will give Texas cities even more reasons to be happy with their new home.  Both builders have a strong presence in San Antonio and other Texas markets.

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Posted in San Antonio Real Estate

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Houston Housing Market Shines

October 16th, 2009 by admin No comments »

If you’ve been watching the housing market, you might notice that some areas of the United States are still seeing record numbers of foreclosures.  Though Houston has its share of foreclosures, the percent of the foreclosure market shares are about half of what they were this time last year, according to the Houston Association of Realtors (HAR).  That said, HAR reported that first time home buyers boosted Houston home sales and a recent study by Brookings ranked Houston number one for change in housing price index from 2nd quarter 2008 to 2nd quarter 2009.  It gained almost 5%.

So this means Houston is one of the healthiest housing markets out there right now.  New construction of homes, townhomes and condominiums is  very active and there are lots of options for homebuyers.  If you are in the market for a home, Houston and some of its surrounding areas such as Baytown, SugarLand and The Woodlands may be just what your economic pocket book needs right now.  Good deals still abound, but you can sleep well at night knowing your new Houston home is  a sound economic investment.

If you are interested in searching for a new home in Houston and want a great deal, don’t forget to check out our free searching system to find a new home reduced by thousands!

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Posted in Houston Real Estate

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Three Texas Cities Hit Top 10 in Economic Study

October 4th, 2009 by admin No comments »

A recent Brookings Institution analysis comparing 2nd quarter 2008 data with 2009 data ranked three Texas metro areas as tops when measuring increases in inflation-adjusted home prices.

The Houston area (including Sugar Land and Baytown areas) ranked number one out of 100 largest metro areas, revealing an increase of 4.9%.  The Dallas area (including Fort Worth and Arlington) ranked 3rd in the study, with San Antonio rounding out the top 10 at number 10 with a price increase of 3.1%.

This “economic report card” indicates that the housing market prices have bottomed out and are rebounding in many metro areas including the biggest Texas cities.

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Posted in Dallas Real Estate, Houston Real Estate, San Antonio Real Estate

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The Texas First Time Homebuyer Program

September 30th, 2009 by admin No comments »

The Texas Department of Housing and Community Affairs (TDHCA) recently released a new First Time Homebuyer Program (Bond Program 74).

The program was designed to give lower to mid-income first time homebuyers in Texas an added incentive to purchase a home.  According to the TDHCA website the program “offers a 10-year deferred forgivable 2nd lien for down payment and closing cost assistance. The amount of assistance is up to 4% of the 1st lien mortgage amount. The 30-year first lien fixed interest rate is a competitive 6.25%.”

The program requires a pre-purchase homebuyer education course and the program ends January 1st, 2010.

If you think you qualify and are interested in the Texas First Time Homebuyer Program (Bond 74),  please contact a SaveOnANewHome.com real estate agent at 1-866-560-1079 for help and to find that new dream home.

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Posted in Texas First Time Homebuyer Program

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Perry Home in Trinity Oaks Close-Out Special

September 27th, 2009 by admin 2 comments »

San Antonio builder Perry Home only has 2 homes left and only 10 lots left!  Home prices start as low as $219,000 and some of the included features are:

·       Kitchen Granite with Under mount Sink
·       42″raised panel cabinets
·       Stainless Steel Appliances with gas
·       Wrought Iron Balusters On Two Stories
·       Mahogany door with cut glass
·       Cast Stone fireplace
·       Tech Shield – (reduces utilities cost between 30%-40% a year)

These lots and homes will go fast at close-out prices.  Give us a call at 1-866-560-1079 if you are interested in visiting this great San Antonio neighborhood.

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Posted in San Antonio Real Estate

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San Antonio Military Can Take Advantage of Extra Savings

September 24th, 2009 by admin No comments »

If you are an active-duty member of the military and looking to buy a new home in the San Antonio area, please note that KB Homes is offering a limited-time offer of $2500 toward KB Home Studio options when you use KB Home Mortgage, LLC for your financing.

The communities which qualify include: Enclave at Lakeside, Mesa Creek, Cobblstone, Sundance Trails, Sundance Ridge, Spring Tree and Auburn Hills at Woodcrest.  Home communities start from as low as the $90s and offer homes with square footage ranging from a quaint 1,067 square feet to a sprawling 3,728 square feet.  Neighborhoods are close to area military bases and communities offer an array of amenities.

To take advantage of this offer, you must purchase one of these “Built to Order” homes by November 30th.

Please contact one of our Save On A New Home San Antonio Real Estate agents, toll free at 1-866-560-1079 for further details.

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Posted in San Antonio Military

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$8000 Tax Credit is Still Available but the Clock is Ticking!

September 24th, 2009 by admin No comments »

If you are a first-time home buyer and are interested in buying a home this year, you probably have heard the news that you are entitled to a tax credit of up to $8000.  To qualify you have to be a first-time home buyer and you have to purchase your property on or after January 1st, 2009 and BEFORE December 1st.

According to the government’s website, “Any home that will be used as a principal residence will qualify for the credit. This includes single-family detached homes, attached homes like townhouses and condominiums, manufactured homes (also known as mobile homes) and houseboats.”

The site also goes on to say, “The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.”

Okay so that’s great, right?  Yes, it is but if you are still planning to take advantage of this plan, you need to act fast.  As of this writing, you have approximately two months to find that dream home, apply for financing, write a contract and hope to close BEFORE the deadline.  And you need to make sure you close by November 30th, 2009 because the government’s site says it must be done before the deadline of December 1st.

Rumors are swirling that the government may extend the deadline, but as of this writing the Federal Housing Tax Credit site currently has not mentioned an extension.  We’ll be sure to let you know as soon as we hear anything.

In the meanwhile, don’t panic!  We can help you.  There are plenty of new homes waiting for you to call them home.  We can help you find your dream home, arrange financing and close before the deadline.  Call us at 1-866-560-1079 for help!

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Posted in First Time Homebuyer Tax Credit

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Welcome to Save On A New Home’s Blog

September 22nd, 2009 by admin No comments »

Welcome to the Save On A New Homes Blog.  We want to offer you the best deals on new homes in the Dallas, Houston, Austin, and San Antonio real estate markets with our wonderful free searchable new homes database.  In addition to offering you great deals on new homes, we also want to provide you with valuable information and to communicate with you on a regular basis.  We hope that we can provide quality service, helpful tips, builder information and most importantly, we hope we can help you find a great deal on a new home.

Please take a look at our inventory, browse our site, and contact us if you have any questions.  You can also call us directly at 1-866-560-1079 to talk to an expert real estate agent!

Please let us know what we can do for you!

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Posted in Welcome

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