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 [...]
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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 [...]
(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. [...]
NEW YORK (CNNMoney.com) — The amount of credit card debt consumers are carrying dropped to an eight-year low and delinquencies continued to decline in the second quarter as consumers looked to shore up their savings. Credit card debt fell 4.1% to an average $4,591 during the quarter, according to credit bureau TransUnion. That marks the [...]
