Freddie Mac and Fannie Mae will begin letting some homeowners who are upside down in their mortgages to literally give back their home and have their debt cancelled. This is slated to begin on March 1st of this year.
Texas of Course!
Forbes’ List of the fastest growing cities in the United States includes Houston. Austin took top honors, Houston in second, and Dallas in third!
Did you know that almost one half of the United States premier master planned communities are located in the Houston area? RCLCO has just released its list of the top 20 master planned communities and 8 of these communities are located in areas around Houston.
Cinco Ranch, Bridgeland and Sienna Plantation are just a few on the list.
I’ve received many calls this week at my office regarding the recent agreement the US Congress made which avoided “The Fiscal Cliff”. The majority of these questions focused on how H.R. 8, the American Taxpayer Relief Act of 2012, is going to affect our Real Estate markets.