Apple will expand its Austin presence with a $304 million campus that will ultimately create 3,600 new jobs, according to an announcement today by Gov. Rick Perry. The new campus will more than double the size of Apple’s workforce in Texas over the next 10 years. The new staff will expand customer support, sales and [...]
Author Archives | Carl Wallingford has written 26 posts on Network Funding LP
North Texas homes sales are off to a good start this year, up 14 percent in January from a year ago, according to the latest figures from Texas A&M University’s Real Estate Center. And more good news may be ahead: pending sales were up 16 percent from a year ago. The Real Estate Center compiles [...]
SOUTH PADRE ISLAND – Schlitterbahn has plans to open a 221-room, beachfront indoor waterpark hotel known as Schlitterbahn Beach Resort. The hotel will feature retail, restaurants and an indoor/outdoor convertible waterpark. Schlitterbahn Beach Resort has an estimated cost of $5.5 million. The project includes renovations at the former location of the Holiday Inn Sunspree Resort. [...]
TEXAS – The Texas comptroller has released the latest estimate of statewide property values, which show a 1.3 percent increase from $1.67 trillion in 2010 to $1.69 trillion in 2011. The difference will save the state $300 million to $400 million by reducing its obligation to school districts, according to Joe Wisnoski of Moak Casey [...]
Sales of previously owned homes came in 18.6 percent higher last month when compared to August 2010, according to data just released by the National Association of Realtors. Completed transactions rose 7.7 percent on a month-over-month basis to a seasonally adjusted annual rate of 5.03 million. The latest numbers far surpassed market expectations. Many analysts [...]
RISMEDIA, July 8, 2011—The Dodd-Frank Wall Street Reform and Consumer Protection Act has many components and one of the biggest ones is about to debut. The Consumer Financial Protection Bureau (CFPB) is slated to start operations on July 22, 2011. The truth is that work is already being done behind the scenes and has been [...]
(RECON) Austin, Dallas, San Antonio and Houston were among the top 15 U.S. cities in a global study to determine the level of recovery from the recession. The report from the Brookings Institution Metropolitan Policy Program ranks 150 cities: 50 in the United States, 50 in Europe and 50 in the rest of the world. [...]
Sales of previously owned homes rose in September for the second straight month. The National Association of Realtors (NAR) on Monday reported a 10 percent jump. The month-to-month gain was more than analysts were expecting, and NAR says the latest numbers “affirm a sales recovery has begun.” Some market observers, though, suggest such an assertion [...]
Wells Fargo will no longer delay foreclosure proceedings in hopes that a short sale deal will come through. According to an American Banker report, the bank has stopped granting extensions for distressed homeowners to complete short sales. The paper, citing a memo Wells emailed to short sale vendors, said the lender will no longer postpone [...]
Austin Business Journal -Foreclosure sales accounted for 11.9 percent of all residential sales in Texas in the second quarter, according to a report Thursday from RealtyTrac. Irvine, Calif.-based RealtyTrac said Texas preforeclosure sales decreased nearly 12.3 percent from the 2009 second quarter and were down 0.9 percent from the first quarter of 2010. The Lone [...]
